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Category: Guyana

Guyana energy

MODEC’s Uaru FPSO for Offshore Guyana Proceeds to EPCI Phase
Guyana Latin America and the Caribbean

MODEC’s Uaru FPSO for Offshore Guyana Proceeds to EPCI Phase

ENERGY ANALYTICS INSTITUTE (EAI)8 May 20239 May 2023
(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 Reveals 1Q:23 Results
Colombia Guyana Latin America and the Caribbean

Frontera Reveals 1Q:23 Results

ENERGY ANALYTICS INSTITUTE (EAI)3 May 20239 May 2023
(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 Offshore Inks Deal for its Guyana FPSO Fleet
Guyana Latin America and the Caribbean

SBM Offshore Inks Deal for its Guyana FPSO Fleet

ENERGY ANALYTICS INSTITUTE (EAI)2 May 20234 May 2023
(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 Advances Fifth Offshore Guyana Development
Guyana Latin America and the Caribbean

ExxonMobil Advances Fifth Offshore Guyana Development

ENERGY ANALYTICS INSTITUTE (EAI)28 April 202328 April 2023
(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 Sanctions Uaru Development Offshore Guyana
Guyana Latin America and the Caribbean

Hess Sanctions Uaru Development Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)28 April 202328 April 2023
(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 Reports 1Q:23 Results, Another Find Offshore Guyana [PDF Downloads]
Asia Guyana Latin America and the Caribbean North America USA

Hess Reports 1Q:23 Results, Another Find Offshore Guyana [PDF Downloads]

ENERGY ANALYTICS INSTITUTE (EAI)26 April 202327 April 2023
(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...
NatGas in Transition to Low-Carbon Economies [PDF Download]
Argentina Brazil Chile Colombia Guyana Latin America and the Caribbean Mexico Peru Trinidad and Tobago Uruguay Venezuela

NatGas in Transition to Low-Carbon Economies [PDF Download]

ENERGY ANALYTICS INSTITUTE (EAI)22 April 202330 April 2023
(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...
FPSO Prosperity Reaches Stabroek Block
Guyana Latin America and the Caribbean

FPSO Prosperity Reaches Stabroek Block

ENERGY ANALYTICS INSTITUTE (EAI)11 April 202311 April 2023
(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 Delivers Judgement in Guyana v. Venezuela Case
Europe Guyana Latin America and the Caribbean The Netherlands Venezuela

ICJ Delivers Judgement in Guyana v. Venezuela Case

ENERGY ANALYTICS INSTITUTE (EAI)6 April 202310 April 2023
(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...
Border Spat: CIJ Rejects Venezuela’s Objection to Guyana [PDF Download]
Guyana Latin America and the Caribbean Venezuela

Border Spat: CIJ Rejects Venezuela’s Objection to Guyana [PDF Download]

ENERGY ANALYTICS INSTITUTE (EAI)6 April 20237 April 2023
(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 Rejuvenated Data for Guyana Deepwater Block Evaluation
Guyana Latin America and the Caribbean

PGS Rejuvenated Data for Guyana Deepwater Block Evaluation

ENERGY ANALYTICS INSTITUTE (EAI)4 April 202310 April 2023
(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’s NRGBriefs: March 2023
Brazil Canada Europe France Guyana Latin America and the Caribbean North America Suriname Trinidad and Tobago USA

Energy Analytics Institute’s NRGBriefs: March 2023

ENERGY ANALYTICS INSTITUTE (EAI)31 March 202318 April 2023
(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...
ONE GUYANA FPSO Reaches Drydock [Video]
Guyana Latin America and the Caribbean

ONE GUYANA FPSO Reaches Drydock [Video]

ENERGY ANALYTICS INSTITUTE (EAI)24 March 202326 March 2023
(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...
Guyana Gov’t Releases Draft Model Petroleum Agreements [PDF Downloads]
Guyana Latin America and the Caribbean

Guyana Gov’t Releases Draft Model Petroleum Agreements [PDF Downloads]

ENERGY ANALYTICS INSTITUTE (EAI)14 March 202315 March 2023
(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’s NRGBriefs: February 2023
Africa England Europe France Guyana Latin America and the Caribbean Mexico North America South Africa Suriname UK USA Venezuela

Energy Analytics Institute’s NRGBriefs: February 2023

ENERGY ANALYTICS INSTITUTE (EAI)23 February 202326 February 2023
(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;...
Guyana: FPSO Prosperity Naming Ceremony
Guyana Latin America and the Caribbean

Guyana: FPSO Prosperity Naming Ceremony

ENERGY ANALYTICS INSTITUTE (EAI)2 February 20233 February 2023
(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 Announces 2023 Capital And Production Guidance
Colombia Ecuador Guyana Latin America and the Caribbean

Frontera Announces 2023 Capital And Production Guidance

ENERGY ANALYTICS INSTITUTE (EAI)1 February 20238 February 2023
(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’s NRGBriefs: January 2023
Africa Bolivia Brazil Canada Colombia Egypt Europe Guyana Latin America and the Caribbean North America Norway Spain Trinidad and Tobago USA

Energy Analytics Institute’s NRGBriefs: January 2023

ENERGY ANALYTICS INSTITUTE (EAI)31 January 202326 February 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...
New Global Finds Drive Exploration to Highest Value Creation in Over a Decade
Africa Algeria Brazil Guyana Namibia North America USA

New Global Finds Drive Exploration to Highest Value Creation in Over a Decade

ENERGY ANALYTICS INSTITUTE (EAI)30 January 202330 January 2023
(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’ 2023 Capex Budget Favors Bakken and Stabroek
Guyana Latin America and the Caribbean North America USA

Hess’ 2023 Capex Budget Favors Bakken and Stabroek

ENERGY ANALYTICS INSTITUTE (EAI)24 January 202324 January 2023
(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 and Frontera Spud Wei-1 Offshore Guyana
Guyana Latin America and the Caribbean

CGX and Frontera Spud Wei-1 Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)23 January 202323 January 2023
(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...
T&T Energy Chamber Chair Dookie Gives Opening Address at TTEC
Guyana Latin America and the Caribbean Suriname Trinidad and Tobago

T&T Energy Chamber Chair Dookie Gives Opening Address at TTEC

ENERGY ANALYTICS INSTITUTE (EAI)23 January 202323 January 2023
(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 Budget 2023 [PDF Download]
Guyana Latin America and the Caribbean

Guyana Budget 2023 [PDF Download]

ENERGY ANALYTICS INSTITUTE (EAI)16 January 202326 January 2023
(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 ____________________
Hess’ Guyana Developments and Low Breakeven Prices [PDF Download]
Guyana Latin America and the Caribbean North America USA

Hess’ Guyana Developments and Low Breakeven Prices [PDF Download]

ENERGY ANALYTICS INSTITUTE (EAI)5 January 202313 January 2023
(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’s NRGBriefs: December 2022
Africa Brazil Canada Chad England Europe Germany Guyana Latin America and the Caribbean North America Norway Trinidad and Tobago UK USA Venezuela

Energy Analytics Institute’s NRGBriefs: December 2022

ENERGY ANALYTICS INSTITUTE (EAI)31 December 20228 January 2023
(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 CEO to Participate in Goldman Sachs Global Conference
Guyana Latin America and the Caribbean North America USA

Hess CEO to Participate in Goldman Sachs Global Conference

ENERGY ANALYTICS INSTITUTE (EAI)19 December 20224 January 2023
(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....
Guyana: From Backwater to Deepwater
Guyana Latin America and the Caribbean

Guyana: From Backwater to Deepwater

ENERGY ANALYTICS INSTITUTE (EAI)16 December 202219 December 2022
(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...
Guyana Presidential Guard Stabbed by Attacker at Official Residence
Guyana Latin America and the Caribbean

Guyana Presidential Guard Stabbed by Attacker at Official Residence

ENERGY ANALYTICS INSTITUTE (EAI)15 December 202215 December 2022
(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 Awarded New Offshore Deals for $1.2bn in Guyana and Egypt
Africa Egypt Europe Guyana Italy Latin America and the Caribbean

Saipem Awarded New Offshore Deals for $1.2bn in Guyana and Egypt

ENERGY ANALYTICS INSTITUTE (EAI)15 December 2022
(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 Conference 23-25 January 2023
Guyana Jamaica Latin America and the Caribbean Suriname Trinidad and Tobago

Trinidad and Tobago Energy Conference 23-25 January 2023

ENERGY ANALYTICS INSTITUTE (EAI)15 December 202229 January 2023
(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...
Contract Inked for $759mn Wales Natgas Plant 
Guyana Latin America and the Caribbean

Contract Inked for $759mn Wales Natgas Plant 

ENERGY ANALYTICS INSTITUTE (EAI)13 December 202213 December 2022
(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...
Guyana Launches First Licensing Round for Offshore Oil and Gas E&P
Guyana Latin America and the Caribbean

Guyana Launches First Licensing Round for Offshore Oil and Gas E&P

ENERGY ANALYTICS INSTITUTE (EAI)9 December 202229 December 2022
(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...
President Ali Launches Bid Round for Offshore Blocks
Guyana Latin America and the Caribbean

President Ali Launches Bid Round for Offshore Blocks

ENERGY ANALYTICS INSTITUTE (EAI)9 December 202216 December 2022
(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...
ExxonMobil Reveals Corporate Plan 2027
Guyana Latin America and the Caribbean North America USA

ExxonMobil Reveals Corporate Plan 2027

ENERGY ANALYTICS INSTITUTE (EAI)8 December 20229 December 2022
(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 and Guyana’s Gov’t Announce REDD+ Carbon Credits
Guyana Latin America and the Caribbean

Hess and Guyana’s Gov’t Announce REDD+ Carbon Credits

ENERGY ANALYTICS INSTITUTE (EAI)2 December 20224 December 2022
(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...
Guyana to Earn $750mn in First Carbon Credit Sale
Guyana Latin America and the Caribbean

Guyana to Earn $750mn in First Carbon Credit Sale

ENERGY ANALYTICS INSTITUTE (EAI)2 December 20226 December 2022
(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 and CGX to Spud Wei-1 Offshore Guyana by Jan. 2023
Guyana Latin America and the Caribbean

Frontera and CGX to Spud Wei-1 Offshore Guyana by Jan. 2023

ENERGY ANALYTICS INSTITUTE (EAI)28 November 202228 November 2022
(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...
ExxonMobil Guyana Renews Sponsorship in 2023 for the 2nd Edition of IECEG 2023
Guyana Latin America and the Caribbean

ExxonMobil Guyana Renews Sponsorship in 2023 for the 2nd Edition of IECEG 2023

ENERGY ANALYTICS INSTITUTE (EAI)18 November 202218 November 2022
(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 to Host Investor Open House on 15 Nov. 2022
Colombia Ecuador Guyana Latin America and the Caribbean

Frontera to Host Investor Open House on 15 Nov. 2022

ENERGY ANALYTICS INSTITUTE (EAI)15 November 202220 November 2022
(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 Awarded FEED Contract for ExxonMobil’s “Uaru” Project in Guyana
Asia Guyana Japan Latin America and the Caribbean

MODEC Awarded FEED Contract for ExxonMobil’s “Uaru” Project in Guyana

ENERGY ANALYTICS INSTITUTE (EAI)1 November 20221 November 2022
(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’s NRGBriefs: October 2022
Brazil Europe Guyana Latin America and the Caribbean Norway Trinidad and Tobago

Energy Analytics Institute’s NRGBriefs: October 2022

ENERGY ANALYTICS INSTITUTE (EAI)31 October 202212 March 2023
(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 Reveals Two New Guyana Finds
Guyana Latin America and the Caribbean

ExxonMobil Reveals Two New Guyana Finds

ENERGY ANALYTICS INSTITUTE (EAI)26 October 202226 October 2022
(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 Reports Estimated 3Q:22 Results
Guyana North America USA

Hess Reports Estimated 3Q:22 Results

ENERGY ANALYTICS INSTITUTE (EAI)26 October 202226 October 2022
(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 Announces Two More Discoveries Offshore Guyana
Guyana Latin America and the Caribbean

Hess Announces Two More Discoveries Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)26 October 202226 October 2022
(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 on New Drill Target in Guyana
Guyana Latin America and the Caribbean

Gold Port Corporation on New Drill Target in Guyana

ENERGY ANALYTICS INSTITUTE (EAI)17 October 202223 October 2022
(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...
Guyana Opens Tender for its First Oil Refinery
Guyana Latin America and the Caribbean

Guyana Opens Tender for its First Oil Refinery

ENERGY ANALYTICS INSTITUTE (EAI)17 October 202223 October 2022
(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 on Higher Grade Gold Zone New Drill Target
Guyana Latin America and the Caribbean

Gold Port on Higher Grade Gold Zone New Drill Target

ENERGY ANALYTICS INSTITUTE (EAI)17 October 202226 November 2022
(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 Resources Limited Updates on Acquisition of Colossal Gold in Suriname
Guyana Latin America and the Caribbean

Awalé Resources Limited Updates on Acquisition of Colossal Gold in Suriname

ENERGY ANALYTICS INSTITUTE (EAI)11 October 202223 October 2022
(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...
CGX and Frontera Extend JOA Amendment Agreements to 30 Nov. 2022
Guyana Latin America and the Caribbean

CGX and Frontera Extend JOA Amendment Agreements to 30 Nov. 2022

ENERGY ANALYTICS INSTITUTE (EAI)3 October 202223 October 2022
(CGX, 3.Oct.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announce that...
Exxon Boosts Guyana Oil Output, Undecided on Future Auction Bid
Guyana Latin America and the Caribbean

Exxon Boosts Guyana Oil Output, Undecided on Future Auction Bid

ENERGY ANALYTICS INSTITUTE (EAI)20 September 202220 September 2022
(Reuters, 20.Sep.2022) — Exxon Mobil Corp. is uncertain whether it will bid for new offshore areas Guyana wants to explore, a person close to the matter said, as the oil major ramps up production faster than expected...
Guyana’s First Innovation Village at the Heart of Silica City
Guyana Latin America and the Caribbean

Guyana’s First Innovation Village at the Heart of Silica City

ENERGY ANALYTICS INSTITUTE (EAI)13 September 202215 September 2022
(Guyana Innovation Group, 13.Sep.2022) — The Innovation Village hopes to prepare citizens for a knowledge-based economy, foster a new tech startup scene, host innovative organizations from around the world and...
Energy Analytics Institute’s NRGBriefs: August 2022
Africa Asia Brazil Canada China Colombia Guyana Latin America and the Caribbean Mexico Namibia North America Trinidad and Tobago USA Venezuela

Energy Analytics Institute’s NRGBriefs: August 2022

ENERGY ANALYTICS INSTITUTE (EAI)31 August 202214 November 2022
(Energy Analytics Institute, 31.Aug.2022) — Energy briefs as well as others related to finance and politics during August 2022 including Petrobras announcing firm well commitments to drill exploratory wells in...
Suriname-Guyana Basin Gas Resources Estimated at 14 Tcf [PDF Downloads]
Guyana Latin America and the Caribbean Suriname

Suriname-Guyana Basin Gas Resources Estimated at 14 Tcf [PDF Downloads]

ENERGY ANALYTICS INSTITUTE (EAI)29 August 20225 April 2023
(Energy Analytics Institute, 29.Aug.2022) — A subsurface Suriname-Guyana Basin-wide concept study was performed incorporating historical well data and highlighting the presence of great quantities of gas resources. These estimated resources...
CNOOC: Net Profit Doubled, Record-high Dividend Declared
Asia China Guyana Latin America and the Caribbean

CNOOC: Net Profit Doubled, Record-high Dividend Declared

ENERGY ANALYTICS INSTITUTE (EAI)25 August 20225 September 2022
(CNOOC, 25.Aug.2022) — CNOOC Limited (SEHK: 00883, SSE: 600938) announced its 2022 interim results for the six months ended 30 June 2022. During the period, the company focused on the...
Eco (Atlantic) Updates on Guyana and Namibia
Africa Guyana Latin America and the Caribbean Namibia South Africa

Eco (Atlantic) Updates on Guyana and Namibia

ENERGY ANALYTICS INSTITUTE (EAI)25 August 202211 September 2022
(Eco Atlantic, 25.Aug.2022) — Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX ‐ V: EOG) announced its results for the three months ended 30 June 2022. In addition, the company is notifying the...
Guyana Oil Production Data Available to the Public
Guyana Latin America and the Caribbean

Guyana Oil Production Data Available to the Public

ENERGY ANALYTICS INSTITUTE (EAI)22 August 202223 August 2022
(Energy Analytics Institute, 22.Aug.2022) — Guyana’s Ministry of Natural Resources announced that the country’s oil production data is now available for public consumption. The data is available via the ministry’s...
Irfaan Ali: Oil, Gas Boom Will Ensure Guyana’s Future
Guyana Latin America and the Caribbean Trinidad and Tobago

Irfaan Ali: Oil, Gas Boom Will Ensure Guyana’s Future

ENERGY ANALYTICS INSTITUTE (EAI)21 August 202221 August 2022
(Trinidad and Tobago Newsday, 21.Aug.2022) — Guyanese President Dr Mohamed Irfaan Ali said the oil and gas boom Guyana is experiencing will ensure the country’s future economy but it will...
Tullow: Beebei-Potaro Exploration Well Plugged, Abandoned Offshore Guyana
Guyana Latin America and the Caribbean

Tullow: Beebei-Potaro Exploration Well Plugged, Abandoned Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)5 August 20225 August 2022
(Tullow, 5.Aug.2022) — Tullow Oil plc announces that drilling operations at the Beebei-Potaro exploration well, drilled in the Kanuku licence, offshore Guyana, have been completed. The well encountered good quality...
NRGBriefs: Petrobras on CVM; Morgan Stanley on Ecopetrol; GtE Guyana
Colombia Guyana Latin America and the Caribbean

NRGBriefs: Petrobras on CVM; Morgan Stanley on Ecopetrol; GtE Guyana

ENERGY ANALYTICS INSTITUTE (EAI)4 August 20229 August 2022
(Energy Analytics Institute, 4.Aug.2022) — Energy briefs including Petrobras receiving an official letter from the Securities and Exchange Commission of Brazil (CVM) answering questions sent by the company's management concerning...
Gas to Energy Project Supports Guyana’s Use of its Natural Resources
Guyana Latin America and the Caribbean

Gas to Energy Project Supports Guyana’s Use of its Natural Resources

ENERGY ANALYTICS INSTITUTE (EAI)3 August 20229 August 2022
(Hess, 3.Aug.2022) — Hess, ExxonMobil and CNOOC – co-venture partners on the Stabroek Block – recently finalized an agreement with the Government of Guyana for a Gas to Energy project....
TechnipFMC Awarded Significant Contract for Gas to Energy Project in Guyana
Guyana Latin America and the Caribbean

TechnipFMC Awarded Significant Contract for Gas to Energy Project in Guyana

ENERGY ANALYTICS INSTITUTE (EAI)1 August 20222 August 2022
(TechnipFMC, 1.Aug.2022) — TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract by ExxonMobil affiliate, Esso Exploration and Production Guyana Limited, for the gas-to-energy project in Guyana. Subject to final project sanction, TechnipFMC will provide...
New Oil Power Guyana to Surpass US Offshore by 2035
Guyana Latin America and the Caribbean

New Oil Power Guyana to Surpass US Offshore by 2035

ENERGY ANALYTICS INSTITUTE (EAI)28 July 202226 November 2022
(Forbes, 28.Jul.2022) — As the Biden administration focuses on its efforts to end new leasing and drilling for oil and gas in the Gulf of Mexico and other U.S. offshore...
NRGBriefs: XOM, OXY, CVX Dividends; Hess Guyana Liftings
Guyana Latin America and the Caribbean North America USA

NRGBriefs: XOM, OXY, CVX Dividends; Hess Guyana Liftings

ENERGY ANALYTICS INSTITUTE (EAI)27 July 202221 August 2022
(Energy Analytics Institute, 27.Jul.2022) — Energy briefs including US Vice President Kamala Harris speaking with Guyana's President Mohamed Irfaan Ali about energy and other issues; the board of directors of...
TechnipFMC Says 2Q:22 Subsea Inbound Orders Were $1,928mn
Africa Angola Brazil Europe Guyana Latin America and the Caribbean Norway

TechnipFMC Says 2Q:22 Subsea Inbound Orders Were $1,928mn

ENERGY ANALYTICS INSTITUTE (EAI)27 July 20222 August 2022
(TechnipFMC, 27.Jul.2022) — TechnipFMC plc announced subsea inbound orders were $1,928mn for the second quarter of 2022. Book-to-bill in the period was 1.4. The following awards were included in the...
Subsea 7 and Van Oord Consortium Inks Contract Offshore Guyana
Guyana Latin America and the Caribbean

Subsea 7 and Van Oord Consortium Inks Contract Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)27 July 202228 July 2022
(Subsea 7, 27.Jul.2022) — Subsea 7 and Van Oord announced the award of a substantial(1) contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) for the Gas to Energy...
ExxonMobil Makes Two More Discoveries Offshore Guyana
Guyana Latin America and the Caribbean

ExxonMobil Makes Two More Discoveries Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)26 July 202227 July 2022
(ExxonMobil, 26.Jul.2022) — ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru...
Hess Announces Two More Discoveries Offshore Guyana
Guyana Latin America and the Caribbean

Hess Announces Two More Discoveries Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)26 July 202226 July 2022
(Hess, 26.Jul.2022) — Hess Corporation (NYSE: HES) today announced two new discoveries at the Seabob-1 and Kiru-Kiru-1 wells on the Stabroek Block offshore Guyana. The discoveries, which are the sixth and seventh...
Guyana Moves Ahead with Q3 Oil Block Auction
Guyana Latin America and the Caribbean

Guyana Moves Ahead with Q3 Oil Block Auction

ENERGY ANALYTICS INSTITUTE (EAI)25 July 202227 July 2022
(Reuters, 25.Jul.2022) — Guyana's government expects that an upcoming auction for oil and gas blocks will attract new companies to its energy industry, President Irfaan Ali said on Monday, following...
Frontera Extends Substantial Issuer Bid to 8 Aug.
Canada Colombia Guyana Latin America and the Caribbean North America

Frontera Extends Substantial Issuer Bid to 8 Aug.

ENERGY ANALYTICS INSTITUTE (EAI)25 July 202225 July 2022
(Frontera, 25.Jul.2022) — Frontera Energy Corporation (TSX: FEC) has extended the expiry time of its offer to purchase from shareholders up to $65mn (equivalent to US$50mn) of its outstanding common shares (the "Shares")...
CGX and Frontera Secure Funding for the Wei-1 Exploration Well Offshore Guyana
Guyana Latin America and the Caribbean

CGX and Frontera Secure Funding for the Wei-1 Exploration Well Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)22 July 202222 July 2022
(CGX, 22.Jul.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announces today...
SBM Offshore Completes $1.75bn Financing of ONE GUYANA
Guyana Latin America and the Caribbean

SBM Offshore Completes $1.75bn Financing of ONE GUYANA

ENERGY ANALYTICS INSTITUTE (EAI)21 July 202221 July 2022
(SBM Offshore, 21.Jul.2022) — SBM Offshore has completed the project financing of FPSO ONE GUYANA for a total of $1.75bn. The project financing was secured by a consortium of 15 international banks. The company expects to draw the...
NRGBriefs: GYSBI’s Guyana Contract with Exxon; Cubico Wind Deals in Uruguay
Brazil Guyana Latin America and the Caribbean North America Uruguay USA

NRGBriefs: GYSBI’s Guyana Contract with Exxon; Cubico Wind Deals in Uruguay

ENERGY ANALYTICS INSTITUTE (EAI)20 July 202225 July 2022
(Energy Analytics Institute, 20.Jul.2022) — Energy briefs including Cubico Sustainable Investments acquiring two operating wind projects in Uruguay from ACS; Sempra announced plans to report its 2Q:22 earnings and host...
Guyana Shore Base Inks 11-year Extension Contract with ExxonMobil Guyana
Guyana Latin America and the Caribbean

Guyana Shore Base Inks 11-year Extension Contract with ExxonMobil Guyana

ENERGY ANALYTICS INSTITUTE (EAI)18 July 202218 July 2022
(GYSBI, 18.Jul.2022) — Guyana Shore Base Inc. (GYSBI), a pioneering Guyanese company in the local oil and gas sector has inked an 11-year extension contract with Esso Exploration and Production...
3t EnerMech to Provide Exclusive ECITB training in Angola and Guyana
Africa Angola Guyana Latin America and the Caribbean

3t EnerMech to Provide Exclusive ECITB training in Angola and Guyana

ENERGY ANALYTICS INSTITUTE (EAI)18 July 202215 July 2022
(3t EnerMech, 18.Jul.2022) — 3t EnerMech signed a four-year exclusivity agreement with the Engineering Construction Industry Training Board (ECITB) to become the sole provider of its licenced training in Angola...
Guyana Announces National Healthcare Initiative
Guyana Latin America and the Caribbean

Guyana Announces National Healthcare Initiative

ENERGY ANALYTICS INSTITUTE (EAI)11 July 202211 July 2022
(Hess, 11.Jul.2022) — His Excellency Dr Irfaan Ali announced a national healthcare initiative in collaboration with the Mount Sinai Health System, an internationally recognized healthcare provider, and Hess Corporation to...

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Energy Analytics Institute’s SPonsor ADvertiser (SPAD) Promo Video

New Fortress Gets Export Approval for Altamira Fast LNG

Nucor Enters Into CCS Agreement with ExxonMobil

GoGold Intercepts High Grade at Los Ricos South

SOLEK Closes $379mn Financing for Portfolio of PV Projects in Chile

Vaca Muerta Could Produce 1 MMbpd by 2030: Rystad Energy

Energy Analytics Institute’s NRGBriefs: May 2023

Bristow Preferred Bidder for Irish Coast Guard Aviation Service

bpTT Adds Mango Field Production

Colombia Needs New Oil Drilling, Former Finance Chief Says

New EVs in Guigang City Enter ASEAN “Blue Ocean” Market 

Venture Global Closing $4.5bn Senior Secured Notes

PGS Data Reveals Untapped Potential in Harstad Basin APA 2023 Blocks

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