Subsea 7 and Van Oord have announced the award of a substantial contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) for the Gas to Energy project offshore Guyana, in water depths of up to 1,450 metres. Although a contract value has not been announced, Subsea 7 has indicated that the contract is between USD150m and USD300m

The scope covers the project management, engineering, and installation of approximately 190 kilometres of pipeline, with an associated shallow water portion and onshore approach making landfall to the west of the Demerara River, along the coast of Guyana.

Craig Broussard, Vice President for Subsea 7 US, said: “We are honoured to have been selected for Guyana Gas to Energy. This is an important project to support the Guyanese people and we look forward to continuing our relationship with EEPGL in one of the most prolific and exciting development basins in the world.”

Hans van Gaalen, Commercial Director for Van Oord, adds: “Van Oord is honoured to have been selected for the Guyana Gas to Energy project in cooperation with Subsea 7. Developing the coastal infrastructure for the project will allow our Subsea 7 and Van Oord consortium to positively contribute to the development of Guyana’s electricity supply which in turn will reduce Guyana’s dependence on imported fuels.”

Guyana Opens Offshore Bid Round

Dec 09, 2022

Guyana President Dr. Mohamed Irfaan Ali has launched Guyana’s competitive bid round for 14 offshore oil blocks, comprised of eleven shallow water blocks and three ultra-deepwater blocks.

Officially open today, December 9th 2022, the bid round is expected to be open for 4 months and will close on April 14th 2023.

With the massive potential for “25 billion barrels”, President Ali outlined that evaluations of the proposals will take place and following an expedited negotiation period, awards of blocks are expected in Q2 2023.

Minister of Natural Resources Vickram Bharrat is expected to publish a notice in the Official Gazette in keeping with the Petroleum Act.

Guyana has seen extraordinary success with offshore discoveries in the last 5 years. The country continues to grow and expand the opportunities to increase production and the inflow of investment into the energy industry and other sectors. The largest upstream player to date has been Exxon, who produces more than 340,000 barrels of oil per day from two FPSOs. The company has had significant success in Guyana and indicates that additional FPSOs are already in development for future projects.

The government has made it clear in the past that the industry must be to the benefit of all Guyanese citizens. At the launch of the bid round, President Ali, stated, “We are hoping that there will be maximum participation and that Guyana would be part of a partnership that creates greater benefit and greater wins for our country and our people.”

Improved fiscal terms have been outlined that provide greater balance of the share of revenue between the government and contractor, while maintaining Guyana’s competitive edge in the region globally.

The International Energy Conference and Expo will take place from February 14-17 2023 at the Guyana Marriott Hotel. At the conference there will be keynote addresses by the leadership of the country including: His Excellency Dr. Mohamed Irfaan Ali, President of Guyana, Prime Minister Mark Anthony Phillips, Vice President, Dr. Bharrat Jagdeo and Minister of Natural Resources, Vickram Bharrat.

At the conference we will also hear from senior experts in Guyana’s oil and gas sector, including John Hess, Chief Executive Officer, Hess and Alistair Routledge, President, ExxonMobil Guyana.

Guyana Energy Conference and Supply Chain Expo Welcomes New Leadership

Apr 02, 2024

The Secretariat of the Guyana Energy Conference and Supply Chain Expo is thrilled to announce the appointment of Fareeza Haniff as the new Media and Operations Director and Kiana Wilburg as the new Chief Executive Officer. With their wealth of experience and innovative vision, Haniff and Wilburg are poised to lead the Secretariat into a new era of growth and influence.
Fareeza Haniff is a career journalist who joined the media in Guyana as a reporter in 2006. Since then, she has accumulated, inter alia, multimedia and communication skills that have allowed her to grow as an individual and quickly ascend to leadership duties within various media outlets in and out of Guyana.

Fareeza has also served in various capacities at the Executive level of the Guyana Press Association (GPA) from 2014 to 2020.
She brings extensive expertise in media and operations management, having spearheaded numerous successful campaigns and initiatives in her previous roles. Her strategic thinking and dedication to excellence will undoubtedly elevate the Secretariat’s outreach efforts and operational efficiency. She also has experience leading and managing diverse teams through her effective leadership skills.
Kiana Wilburg assumes the role of Chief Executive Officer with a proven track record of energy sector knowledge. Kiana embarked on her career in journalism in January 2013, quickly establishing herself as a discerning reporter with a keen focus on politics, finance, parliamentary affairs, and agriculture.
The discovery of oil and gas in Guyana in 2015 marked a pivotal turn in her career, sparking an enduring passion for this sector. She has since been at the forefront of investigating, analyzing, and documenting every facet of this dynamic industry for the last nine years.
Her balanced, professional approach, combined with a deep-seated enthusiasm for the energy sector, underscore her commitment to contributing meaningfully to the ongoing narrative of Guyana’s oil and gas industry.

With a keen understanding of the energy sector and supply chain dynamics, Kiana is primed to steer the Secretariat towards its mission of fostering dialogue and innovation in Guyana’s energy landscape.
As the Secretariat embarks on a trajectory of growth and expansion, it remains committed to its core mission of serving as a leading think tank on issues that shape the growth and sustainability of Guyana’s economy. Under the guidance of Haniff and Wilburg, the Secretariat will continue to facilitate crucial discussions, drive meaningful collaborations, and champion solutions that propel Guyana towards a prosperous future.
The Chairman and Secretariat extend their gratitude to the outgoing Chief Executive Officer, Kurt Baboolall for his contributions over the past three years. Mr Baboolall will transition to lead other projects within the GO Integrated Group of Companies.

Please join us in welcoming Fareeza Haniff and Kiana Wilburg to their new roles.

For media inquiries or further information, please contact:
Fareeza Haniff
The Guyana Energy Conference and Supply Chain Expo
+592-640-5518
[email protected]

Guyana Energy Conference and Supply Chain Expo 2024 – a platform for diverse industries

Jan 22, 2024

In an interview with hosts of the Women Empowerment Program ( Ramona Luthi & Martina McDonald-Johnson ) on EdYou FM earlier this week, CEO Kurt Baboolall and Accounts Manager Shamar Joseph provided exclusive insights into the upcoming Guyana Energy Conference and Supply Chain Expo 2024.

Scheduled to unfold from February 19 to 22, the expo is set to pivot around the theme “Fueling Transformation and Modernisation,” marking a strategic shift from the previous year’s focus on harnessing energy for development.

According to Baboolall, this new theme will mirror Guyana’s ambitious use of energy resources to spearhead sustainable development across key sectors.

Aiming for broader inclusivity, the expo will introduce an International Food Bar, offering global cuisines, including dishes representing Guyana’s Amerindian heritage. The intent is to foster unity and cultural appreciation among attendees.

Moving beyond its core business focus, the expo is planned to feature local cultural programs during lunch and intermittent periods. The organizers envision providing attendees, regardless of age, with a deeper understanding of Guyana’s culture and energy landscape.

The event is anticipated to host distinguished speakers, including His Excellency Shiekh Mohamed Bin Altani of Qatar, the Prime Minister of the Bahamas, Hubert Minnis, Prime Minister Keith Rowley of Trinidad and Tobago, and His Excellency, Chan Santokhi of Suriname, among others. Notable figures like Andrew Parsons, Minister of Energy for Canada, and Daniel Jurgen, a Nobel Prize winner, are expected to contribute their insights. Over 18 countries are expected to be represented, fostering collaboration across diverse industries.

A notable segment of this year’s agenda is the Youth Forum on the fourth day. The panel is expected to comprise professionals from varied backgrounds, offering valuable insights, best practices, challenges, and guidance for aspiring young professionals entering the industry.

The expo promises to provide a platform for diverse industries, including agriculture, health, ICT, infrastructure, logistics, hospitality, labor, and education.

Interested participants are encouraged to register at www.guyanaenergy.gy, with a reminder to bring CVs and business cards for networking opportunities. The event will be open to everyone, with free entry for children.

The Guyana Energy Conference and Supply Chain Expo 2024 is expected to be a hub of knowledge exchange, collaboration, and cultural celebration. As Guyana sets its sights on sustainable development, this event is anticipated to stand as a vital platform for professionals and enthusiasts alike to contribute to the nation’s growth.

For additional information, attendees are expected to contact 640-5519, 640-5515, or 640-5512.

Leave a Comment

Your email address will not be published. Required fields are marked *

Comment *