(SBM Offshore, 14.Nov.2023) — SBM Offshore announce that FPSO Prosperity has produced first oil as of 14 Nov. 2023 and is formally on hire. The FPSO Prosperity utilizes a design that largely replicates the...
(Exxon Mobil, 14.Nov.2023) — ExxonMobil started production today at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per...
(Frontera, 9.Nov.2023) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the third quarter ended 30 Sep. 2023. All financial amounts in this news release are in United States dollars,...
(Frontera, 9.Nov.2023) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License...
(SBM, 9.Nov.2023) — SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of FPSO Liza Unity, a few months ahead of...
(Energy Analytics Institute, 31.Oct.2023) — Energy briefs as well as others related to finance and projects during October 2023 including the long-awaited Citgo Petroleum auction; Colombia's first seabed allocation competitive...
(AFP, 27.Oct.2023) — The new find, as well as some of the drilling concessions, are in a disputed area whose possible annexation Venezuela is putting to a national referendum. Guyana, much smaller...
(WoodMac, 26.Oct.2023) — ExxonMobil’s and Chevron’s belief in the durability of upstream could hardly be better demonstrated by the game-changing acquisitions of two flagship US Independents. It’s a pivotal moment...
(Hess, 25.Oct.2023) — Hess Corporation (NYSE: HES) reported net income of $504mn, or $1.64 per share, in the third quarter of 2023, compared with net income of $515mn, or $1.67...
(CARICOM, 25.Oct.2023) — The Caribbean Community (CARICOM) notes the decision of the Venezuelan National Assembly to conduct a popular referendum on defending Venezuela’s claim of the Essequibo. CARICOM further notes...
(Energy Analytics Institute, 23.Oct.2023) — US-based Chevron Corporation will acquire Hess Corporation for US$60bn (including net debt), the second giant transaction of Oct. 2023 following the $65bn move by ExxonMobil...
(Chevron, 23.Oct.2023) — Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares of...
(Energy Analytics Institute, 30.Sep.2023) — Energy briefs as well as others related to finance and projects during September 2023 including Petrobras saying that in regards the process of divestment of...
(Reuters, 28.Sep.2023) — U.S. oil producers Exxon Mobil (XOM.N) and Hess Corp (HES.N) have withdrawn from exploring the Kaieteur block in Guyana’s deepwaters, Exxon said on Thursday, after disappointing exploration results. The exit comes...
(Hess, 15.Sep.2023) — Hess Corporation announced that the special limited Collector's Edition Ocean Explorer toy, commemorating Hess Corporation's 90th anniversary, is now on sale exclusively at HessToyTruck.com for $59.99 with free standard shipping and Energizer® batteries...
(Reuters, 13.Sep.2023) — Guyana has received offers for eight of 14 offshore oil and gas blocks in a bidding round, including from consortiums of oil majors like Exxon Mobil, Hess...
(Energy Analytics Institute, 31.Aug.2023) — Energy briefs as well as others related to finance and projects during August 2023 including Petrobras commenting on divestment process related to the LUBNOR refinery;...
(Reuters, 23.Aug.2023) — Guyana has gained a larger share of Europe's oil market this year, vessel monitoring data showed, driven by rising output by a consortium led by Exxon Mobil (XOM.N) and strong...
(Reuters, 21.Aug.2023) — Exxon Mobil Corp (XOM.N) and partners plan to spend $12.93 billion to develop their sixth offshore oil project in Guyana, according to a filing published on Monday by the...
(CNOOC, 17.Aug.2023) — CNOOC Limited announces its 2023 interim results for the six months ended June 30, 2023. In the first half of the year, the company continued to pursue high-quality...
(Frontera, 10.Aug.2023) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the first quarter ended 30 June 2023. All financial amounts in this news release are in United States dollars, unless...
(Tullow, 10.Aug.2023) — Tullow Oil Plc agreed to sell its total interest in Tullow Guyana B.V. (TGBV), which includes the Orinduik licence (Tullow 60% operated equity) in Guyana to Eco...
(WoodMac, 27.Jun.2023) — French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual Exploration Survey. Dr....
(Frontera, 28.Jun.2023) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License...
(Reuters, 26.Jun.2023) — Nascent oil producer Guyana is not interested in joining the Organization of the Petroleum Exporting Countries (OPEC), Guyanese Vice-President Bharrat Jagdeo said on Monday, as the South American country...
(Reuters, 16.Jun.2023) — Guyana will postpone by about one month its first offshore oil blocks auction as the country finalizes new terms of the country's oil and gas regulatory framework, Vice President...
(Exxon, 16.May.2023) — ExxonMobil Guyana and its reporting contractors have spent more than GUY$83bn (US$400mn) with more than 1,500 Guyanese businesses in 2022 alone. That is part of the more...
(MODEC, 8.May.2023) — MODEC, Inc. will proceed with engineering, procurement, and construction on the Uaru Floating Production, Storage, and Offloading (FPSO) vessel following a final investment decision on the Uaru project by...
(Frontera, 3.May.2023) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the first quarter ended March 31, 2023. All financial amounts in this news release are in United States dollars...
(SBM, 2.May.2023) — SBM Offshore has signed a 10-year Operations and Maintenance Enabling Agreement with Esso Exploration & Production Guyana Ltd (aka “ExxonMobil Guyana”) for the Operations and Maintenance of...
(ExxonMobil, 27.Apr.2023) — ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. The company expects Uaru, the fifth project on...
(Hess, 27.Apr.2023) — Hess Corporation (NYSE: HES) has made a final investment decision to proceed with Uaru, the fifth development on the Stabroek Block, after receiving government and regulatory approvals....
(Hess, 26.Apr.2023) — Hess Corporation (NYSE: HES) reported net income of $346mn, or $1.13 per share, in the first quarter of 2023, compared with net income of $417mn, or $1.34...
(IGU, OLADE, ARPEL, 17.Apr.2023) — The world needs to transition to low-carbon economies to reduce global warming while continuing to promote sustainable socioeconomic development for a growing global population. Achieving...
(SBM Offshore, 11.Apr.2023) — SBM Offshore announces the arrival of FPSO Prosperity at the Stabroek Block offshore Guyana. The vessel travelled just over 11,000 nautical miles – or just over...
(ICJ, 6.Apr.2023) — On 6 April 2023, the International Court of Justice, the principal judicial organ of the United Nations, will deliver its Judgment on the preliminary objection raised by...
(Energy Analytics Institute, 6.Apr.2023) — The court finds that the preliminary objection raised by the Bolivarian Republic of Venezuela is admissible. By fourteen votes to one, the court rejects the...
(PGS, 4.Apr.2023) — In collaboration with the Guyana Ministry of Natural Resources (MNR), PGS has released 4460 km of rejuvenated 2D GeoStreamer depth data supporting the evaluation of Blocks D1,...
(Energy Analytics Institute, 31.Mar.2023) — Energy briefs as well as others related to finance and politics during March 2023 including Staatsolie Hydrocarbon Institute (SHI), a wholly owned subsidiary of Staatsolie...
(Energy Analytics Institute, 24.Mar.2023) — The ONE GUYANA FPSO has arrived in drydock at Keppel shipyard. This marks a key milestone in the project, this phase will include work on...
(Ministry of Natural Resources, 14.Mar.2023) — The Ministry of Natural Resources, on behalf of the Government of Guyana, is pleased to announce the release of the draft Model Petroleum Agreements...
(Energy Analytics Institute, 23.Feb.2023) — Energy briefs as well as others related to finance and politics during February 2023 including Repsol commenting on improvement of prospects for operations in Venezuela;...
(Energy Analytics Institute, 2.Feb.2023) — SBM Offshore held a naming ceremony for the floating production storage and offloading (FPSO) unit Prosperity. “SBM Offshore is extremely honored to continue our part...
(Frontera, 1.Feb.2023) — Frontera Energy Corporation (TSX: FEC) announces its full year 2023 capital and production guidance and provides an update on its normal course issuer bid ("NCIB"), its 2023...
(Energy Analytics Institute, 31.Jan.2023) — Energy briefs as well as others related to finance and politics during January 2023 including Trinidad and Tobago Prime Minister Dr. Hon. Keith Rowley said...
(WoodMac, 30.Jan.2023) — The global oil and gas exploration sector had its strongest year in 2022 in more than a decade. In its work to improve portfolios by adding lower-carbon,...
(Hess Corporation, 24.Jan.2023) — Hess Corporation (NYSE: HES) today announced a 2023 Exploration & Production capital and exploratory budget of $3.7bn, of which more than 80% will be allocated to Guyana and the Bakken. Net...
(CGX Energy, 23.Jan.2023) — CGX Energy Inc. (TSXV: OYL) operator and joint venture partner with Frontera Energy Corporation in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced...
(Energy Chamber, 23.Jan.2023) — Energy Chamber of Trinidad & Tobago Chair Jerome Dookie gives his opening speech at the Trinidad & Tobago Energy Conference 2023 in Port of Spain. Good...
(Guyana Ministry of Finance, 16.Jan.2023) — The Budget 2023 is the fourth budget of this People’s Progressive Party/Civic (PPP/C) government formed in August 2020. guyana-Budget-2023-FinalDownload ____________________
(Energy Analytics Institute, 5.Jan.2023) — Hess Corporation’s activities offshore Guyana in the Stabroek Block over the company exceptional reservoir quality and low development costs. The company’s first four developments offshore...
(Energy Analytics Institute, 31.Dec.2022) — Energy briefs as well as others related to finance and politics during December 2022 including Washington’s easing of sanctions on Venezuela resulting in increased US...
(Hess, 19.Dec.2022) — Hess Corporation (NYSE: HES) announced that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the Goldman Sachs Global Energy and Clean Technology Conference on 5 January 2023 at 10:20 a.m....
(Foreign Policy, 16.Dec.2022) — Most South American economies have grown sluggishly this year. But Guyana has been an outlier—both in the region and the world at large. The small country...
(Reuters, 15.Dec.2022) — A presidential guard in Guyana was stabbed five times in capital Georgetown on Thursday by a man who demanded to see President Irfaan Ali after arriving at...
(Saipem, 15.Dec.2022) — Saipem has been awarded new contracts in Guyana and Egypt for a total amount of approximately $1.2bn. In Latin America: Guyana The first contract has been awarded by...
(Trinidad and Tobago Energy Chamber, 15.Dec.2022) — The Trinidad and Tobago Energy Conference takes place at the Hyatt Regency in Port of Spain from 23-25 January 2023. Background The oil...
(DPI, 13.Dec.2022) — The Government of Guyana and LINDSAYCA/CH4 on Tuesday signed the contract for the construction of the integrated natural gas liquids (NGL) Plant and the 300-megawatt (MW) combined-cycle...
(Ministry of Natural Resources, 9.Dec.2022) — The government of Guyana, today, for the very first time, is announcing the launch of a Licensing Round. The round offers 14 blocks for...
(Office of the President of Guyana, 9.Dec.2022) — His Excellency Dr Irfaan Ali announced the launch of a competitive bidding process for 14 offshore oil blocks. The Head of State...
(Exxon, 8.Dec.2022) — ExxonMobil today announced its corporate plan for the next five years, with a sizeable increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its...
(Hess, 2.Dec.2022) — Hess Corporation (NYSE: HES) and the Government of Guyana today announced an agreement for Hess to purchase high quality carbon credits for a minimum of $750mn between 2022 and 2032 directly from...
(DPI, 2.Dec.2022) — Guyana is set to earn an income of some US $750 million for its carbon credit from Hess Corporation, His Excellency, Dr Mohamed Irfaan Ali announced Friday...
(Frontera, 28.Nov.2022) — Frontera Energy Corporation (TSX: FEC) and CGX Energy Inc. (TSXV: OYL), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announce its continued...
(IECEG, 18.Nov.2022) — The International Energy Conference and Expo Guyana 2023 (IECEG 2023) today announced ExxonMobil Guyana as the premier sponsor of the second edition of the Conference & Expo....
(Frontera, 15.Nov.2022) — Frontera Energy Corporation (TSX: FEC) will host an Investor Open House for analysts, investors, shareholders and bondholders today from 9:30 a.m. to 5:00 p.m. Col time, Frontera at its office...
(MODEC, 1.Nov.2022) — MODEC, Inc. signed a contract to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the “Uaru” development project....
(Energy Analytics Institute, 31.Oct.2022) — Energy briefs as well as others related to finance and politics during October 2022 including US President Joe Biden congratulating Luiz Inácio Lula da Silva...
(ExxonMobil, 26.Oct.2022) — ExxonMobil announced two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana, adding to its extensive portfolio of development opportunities. ExxonMobil has made...
(Hess, 26.Oct.2022) — Hess Corporation (NYSE: HES) reported net income of $515mn, or $1.67 per common share, in the third quarter of 2022, compared with net income of $115mn, or...
(Hess, 26.Oct.2022) — Hess Corporation (NYSE: HES) today announced two new discoveries at the Yarrow-1 and Sailfin-1 wells on the Stabroek Block offshore Guyana. The discoveries, which are the eighth and ninth...
(Gold Port Corporation, 17.Oct.2022) — Gold Port Corporation (CSE: GPO) (OTCQB: GPOTF) provided a technical update on the Groete Gold Copper Project, located in Guyana, South America. The Groete Gold Copper Project is currently...
(Reuters, 17.Oct.2022) — Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes a force...
(Gold Port Corp. 17.Oct.2022) — Gold Port Corporation (CSE: GPO) (OTCQB: GPOTF) provided a technical update on the Groete Gold Copper Project located in Guyana, South America. The Groete Gold Copper Project is currently...
(Awalé, 11.Oct.2022) — Awalé Resources Limited (TSXV: ARIC) announced that, further to the company's news release of 13 September 2022, the TSX Venture Exchange (TSXV) has conditionally accepted the acquisition...
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