(Reuters, 17.Aug.2021) — Guyana aims to increase its oil royalties and revamp other contract terms as part of a new profit-sharing agreement (PSA) for future […]
Category: Guyana
Guyana energy
Guyana-Suriname Basin OTC2021 Technical Panel Summary
(Energy Analytics Institute, 16.Aug.2021) — Executives with ExxonMobil provided technical details of the company’s initial, current and planned activities in Guyana. What follows are excerpts […]
Guyana Contingent Attends #OTC2021
(DPI, 16.Aug.2021) — This is Guyana’s second time participating at this international conference in Houston, Texas. The Government of Guyana through GO-Invest, is collaborating with […]
LatAm Briefs: YPF Debt, Petrobras Taxes
(Energy Analytics Institute, 13.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: YPF reducing its total debt, Petrobras’ tax collections to the […]
Guyana Creating New Authority For Oil Sector
(Argus, 12.Aug.2021) — Guyana plans to create a new authority by the end of 2021 to regulate its growing hydrocarbon revenues and allow orderly and […]
Oceaneering Inks Survey Deal With EEPGL
(Oceaneering, 10.Aug.2021) — Oceaneering International has been awarded a contract from Esso Exploration and Production Guyana Limited (EEPGL) to provide two surveys offshore Guyana. The […]
Guyana Opts Against LT Supply Deal With India
(Reuters, 10.Aug.2021) — Guyana’s Natural Resources Ministry said on Monday the country earned nearly $80 million from a July crude cargo sold to an Indian […]
Guyana Receives Payment For 7th Oil Lift
(MNR, 9.Aug.2021) — In keeping with the current administration’s commitment to transparency and accountability within the Petroleum Sector, the Government Guyana through the Ministry of […]
Three Studies That Made The Difference
(Stabroek News, 8.Aug.2021) — To recap, this long-running series of Sunday Stabroek columns focusing on Guyana’s emergent oil and gas sector commenced just four months […]
Guyana Gets 15 Bids To Market Govt Crude
(Reuters, 4.Aug.2021) — Guyana received bids from 15 different companies aiming to market the government’s share of the crude produced off the South American country’s […]
LatAm Briefs: Ecopetrol Results, Guyana Oil Lift
(Energy Analytics Institute, 3.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: New Pacific Metals Corp. commencing a diamond drilling program in […]
Guyana Seeks To Amend Land Use Provisions
(DPI, 3.Aug.2021) — The Government is seeking an amendment of the law which would give it greater control over the use of lands, both public […]
Tempers Flare At Online Guyana Gas Forum
(NewsAmericas, 29.Jul.2021) — Tempers flared and the temperature escalated as the Guyana EPA, Ministry of Natural Resources and the Gas-to-Shore project were under fire recently. […]
WoodMac On Guyana And Suriname Exploration
(WoodMac, 29.Jul.2021) — Wood Mackenzie’s Latin America upstream senior analyst Luiz Hayum commented on the latest exploration results offshore Guyana and Suriname: “In a year […]
LatAm Briefs: Train 1 Mothballing, CVP Appointments
(Energy Analytics Institute, 28.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: rising Brazilian imports of US LNG, Ecopetrol’s electric vehicles fleet, […]
ExxonMobil Reveals Oil Find at Whiptail
(ExxonMobil, 28.Jul.2021) — ExxonMobil said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) […]
Hess Corp.’s Transcript For Its 2Q:21 Results Call
(Seeking Alpha, 28.Jul.2021) — The earnings call transcript from Hess Corporation’s (NYSE:HES) second quarter 2021 earnings conference call on 28 July 2021. Corporate Participants Jay […]
Hess Reveals Oil Find At Whiptail-1
(Hess, 28.Jul.2021) — Hess Corporation (NYSE: HES) announced a significant oil discovery on the Stabroek Block offshore Guyana at Whiptail. The Whiptail-1 well encountered 246 […]
Guyana Revives Hydro Project
(Trinidad Express, 27.Jul.2021) — The Guyana government says it is seeking to revive the 165 Megawatts (MW) Amaila Falls Hydropower project (AFHP) and hoping to […]
LatAm Briefs: Argentine Output, Colombian Renewables
(Energy Analytics Institute, 22.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: daily production details from Argentina’s Neuquén region to 13 renewable […]
Guyana Re-launches Search For Co. To Market Govt’s Oil
(Reuters, 12.Jul.2021) — Guyana is re-launching a search for a company to market the government’s share of crude oil produced off the South American country’s […]
Frontera Updates On Guyana Exploration
(Frontera Energy, 12.Jul.2021) — Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX Energy Inc. (TSXV: OYL) and joint venture partner in the Petroleum […]
LatAm briefs: ENRE fines, “Zama drama” in Mexico
BATON ROUGE, LOUISIANA (By Steven Stewart, Energy Analytics Institute, 9.Jul.2021, Words: 421) — Energy briefs from the Latin America and Caribbean region including: oil prices […]
CGX Spuds Long-awaited Guyana Oil Well
(Argus, 8.Jul.2021) — Canadian independent CGX Energy, one of the early movers in Guyana’s offshore play, spudded its first well in the South American country, […]
Guyana-US Relations Strong, Valuable
(DPI, 8.Jul.2021) — His Excellency Dr Irfaan Ali called the relationship between Guyana and the United States of America strong and valuable and pointed to […]
Eco Atlantic Confident In Guyana Despite Jabillo-1 Setback
(ProActive, 5.Jul.2021) — Eco Atlantic Oil & Gas Ltd (LON:ECO, TSE:EOG) chief executive Gil Holzman remains confident in the Canje block, offshore Guyana, where Exxon […]
Eco Atlantic Says Jabillo-1 Well Shows Non-commercial
(Eco Atlantic, 5.Jul.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSX‐V:EOG) has received a detailed update from JHI Associates Inc. The Jabillo-1 well in the […]
Indian Oil Corp. Buys Its First Guyanese Oil
(Reuters, 29.Jun.2021) — Indian Oil Corp (IOC.NS), the country’s top refiner, has made its first purchase of Guyana’s Liza light sweet crude as it seeks […]
Eco Atlantic Reveals Investment In Guyana
(Eco Atlantic, 28.Jun.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG) closed a transaction with JHI Associates Inc., a private company incorporated […]
Crewmembers Killed In Guyana When Vessel Explodes
(AP, 27.Jun.2021) — Three crewmen were killed in Guyana when a vessel used to transport fuel exploded at a pier, police said. A police statement […]
Guyana-Suriname Basin: Rising From Obscurity To Become A Super Potential
(Endeavor Management, 11.Jun.2021) — The challenge now facing operators in this promising region is to transition from an exploration/appraisal mode to best practices for development […]
Hess Reports Discovery At Longtail-3, Offshore Guyana
(Hess, 9.Jun.2021) — Hess Corporation (NYSE: HES) announced a discovery offshore Guyana at the Longtail-3 well on the Stabroek Block. Drilling at Longtail-3 encountered 230 […]
ExxonMobil Reports Another Discovery At Longtail-3 Offshore Guyana
(Exxon, 9.Jun.2021) — ExxonMobil made a discovery at Longtail-3 in the Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 230 feet (70 meters) of net […]
Frontera Commences Tender Offer For Its Outstanding 9.7% Senior Notes Due 2023
(Frontera, 7.Jun.2021) — Frontera Energy Corporation (TSX: FEC) is commencing a cash tender offer and consent solicitation for any and all of its outstanding 9.700% […]
LatAm Briefs: Westmount Drilling Update [PDF Download], Peru Election Results
(Energy Analytics Institute, 7.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: Westmount Energy Ltd. updating on its activities in Guyana-Suriname and […]
Westmount Re-starts Drilling At Jabillo-1, Canje Block, Offshore Guyana
(Westmount Energy, 7.June.2021) — Westmount Energy Limited (UK AIM: WTE.L, USA OTCQB: WMELF) noted the announcement by the Maritime Administration Department, Guyana, that the Stena […]
SEOGS2021 Highlights: Day 3
(Energy Analytics Institute, 3.Jun.2021) — Select highlights from 3 June 2021 from the Suriname Energy, Oil and Gas Summit or SEOGS2021, and speakers from Staatsolie […]
SEOGS2021 Highlights: Day 2
(Energy Analytics Institute, 2.Jun.2021) — Select highlights from 2 June 2021 from the Suriname Energy, Oil and Gas Summit or SEOGS2021, and speakers with companies […]
Guyanese Citizens Challenge ExxonMobil Offshore Drilling On Climate Grounds
(The Guardian, 31.May.2021) — Guyana’s government is being taken to court by two citizens seeking an end to offshore drilling by ExxonMobil and other large […]
Hess Corp. Talks Guyana At UBS Event [PDF Download]
(Energy Analytics Institute, 26.May.2021) — Hess Corporation presented at the UBS Global Energy Conference on 26 May 2021. What follows are key points and key […]
Hess eyes higher, new nameplate capacity at Liza Destiny FPSO
(Aaron Simonsky, Energy Analytics Institute, 26.May.2021, Words: 411) — The Liza Destiny floating production storage and offloading (FPSO) unit offshore Guyana in the Stabroek Block […]
Exxon To Restart Gas Compressor At Guyana Platform In June
(Reuters, 14.May.2021) — Exxon Mobil Corp said on Friday it will reinstall a gas compressor at its Liza Destiny platform off Guyana’s coast in June, […]
ExxonMobil Submits Application For Yellowtail Development Project
(Kaieteur News, 7.May.2021) — ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), has submitted an application to the Environmental Protection Agency (EPA) to undertake […]
Exxon To Change Compressor Manufacturer On Liza Unity, Prosperity
(DPI, 3.May.2021) — Minister of Natural Resources, Hon. Vickram Bharrat said ExxonMobil’s local subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), will switch the manufacturer […]
Exxon CEO Leads 1Q:21 Results Webcast
(Seeking Alpha, 30.Apr.2021) — Exxon Mobil Corporation (NYSE:XOM) hosted its 1Q:021 results conference call on 30 April 2021. What follows is a transcript of the […]
Exxon Highlights Deepwater Ops In Guyana And Brazil
(Energy Analytics Institute, 30.Apr.2021) — ExxonMobil’s deepwater projects offshore Guyana and Brazil generate returns over 10% with an oil price below $35 per barrel, the […]
Hess Corp. Reports 1Q:21 Results
(Hess 28.Apr.2021) — Hess reported net income of $252mn, or $0.82 per common share, in the first quarter of 2021, compared with a net loss […]
Guyana’s President Comments On Energy Matters, Others
(Energy Analytics Institute, 28.Apr.2021) — Guyana’s President Mohamed Irfaan Ali held a press conference on 28 April 2021 and discussed energy matters while touching on […]
Hess Corp. CEO John Hess On 1Q:21 Results
(Seeking Alpha, 28.Apr.2021) — Hess Corporation reported its 1Q:21 results and held a conference call with analayst on 28 April 2021 to discuss the financial […]
Hess Finds Oil At Uaru-2, Offshore Guyana
(Hess, 27.Apr.2021) — Hess Corporation (NYSE: HES) today announced another oil discovery offshore Guyana at the Uaru-2 well on the Stabroek Block, which will add […]