(Argus, 22.Dec.2020) — Guyana plans to export “five to six” 1mn bl cargoes of its crude entitlement from the deepwater Stabroek block in 2021 to […]
Category: Guyana
Guyana energy
ExxonMobil Hits Guyana Oil Output Goal
(Argus, 21.Dec.2020) — ExxonMobil reached targeted crude production of 120,000 b/d at the Liza 1 well on Guyana’s deepwater Stabroek block, a milestone that had […]
Gov’t Worked With Exxon For Maximum Production
(DPI, 20.Dec.2020) — The government of Guyana says it welcomes the announcement by US oil and gas company ExxonMobil that it has reached maximum production […]
World Court To Intervene In Guyana-Venezuela Dispute
(AP, 18.Dec.2020) — The United Nations’ highest court ruled Friday that it will intervene to settle a decades-old border dispute between South American neighbors Guyana […]
Bright Future For Suriname And Guyana
(Petroleum Economist, 2.Dec.2020) — Crumbling oil prices and volatile energy demand have tipped Latin America into a sharp recession, exacerbated by one of the world’s […]
Local Businesses Assured Involvement In Oil Sector
(Guyana Standard, 1.Dec.2020) — President Dr. Irfaan Ali has reaffirmed his Government’s commitment to ensure that local businesses are optimally involved in the oil and […]
Gas-To-Energy Project To Bridge Oil And Gas: Guyana
(DPI, 1.Dec.2020) — Government’s gas to energy project is set to see development of new sectors and boost local traditional industries. Minister of Natural Resource, […]
BPC On Trinidad And Suriname Strategies
(BPC, 1.Dec.2020) — Bahamas Petroleum Company plc provided an update on its strategy, deliverables and 2021 work program for its portfolio of assets in Trinidad […]
Rescheduling Of Work In Corentyne Block, Guyana
(Frontera, 27.Nov.2020) — Frontera Energy Corporation and CGX Energy Inc, the joint venture partners, announce that their constructive and collaborative discussions with the Government of […]
Elliott Management Invests In Guyana Oil Explorer
(Reuters, 24.Nov.2020) — Activist hedge fund Elliott Management Corp has invested at least $30 million in Cataleya Energy, a small firm focused on oil exploration […]
Exxon’s To Plug Tanager-1 Well Offshore Guyana
(Westmount, 17.Nov.2020) — Westmount Energy Ltd., further to the announcement by Ratio Petroleum Energy Limited Partnership dated today, that the Tanager-1 well, offshore Guyana, has […]
Exxon Guyana Conducts Maintenance Operations
(Energy Analytics Institute, 11.Nov.2020) — ExxonMobil Guyana recently conducted maintenance on some oil spill response equipment located offshore the small South America country. “This maintenance […]
Guyana Says Getting Better Oil Deal
(Energy Analytics Institute, 10.Nov.2020) — The government of Guyana, the newest petro-state in the Latin America and Caribbean region, announced it has made strides in […]
Dubai Investment Team Visits With Guyana
(Guyana Natural Resources Ministry, 31.Oct.2020) — A high-level team from the Private Office of His Highness Sheikh Ahmed Dalmook Al Maktoum, member of the ruling […]
Hess CEO Eyes 10 FPSOs In The Stabroek Block
(Energy Analytics Institute, 29.Oct.2020) — Hess Corporation CEO John Hess announced estimated resources offshore Guyana in the Stabroek Block were approximately 9 billion barrels of […]
Hess Corp. 3Q:20 Earnings Call Transcript
(Seeking Alpha, 28.Oct.2020) — Hess Corporation announced it 3Q:20 earnings results. The transcript from the earnings conference call on 28 October 2020 with analyst follows. […]
Guyana, ExxonMobil Negotiating Gas Price
(Argus, 29.Oct.2020) — Guyana is negotiating a gas price with ExxonMobil for a gas-to-power project to be commissioned at the end of 2023, government officials […]
Hess Reports 3Q:20 Results, Ups Guyana Resources
(Hess, 28.Oct.2020) — Hess Corporation reported a net loss of $243 million, or $0.80 per common share, in the third quarter of 2020, compared with […]
Guyana’s Bharrat Meets Mining Sector Contractors
(Energy Analytics Institute, 12.Oct.2020) — Guyanese government officials held meetings with contractors from the mining and forest sectors in preparation of the rainy season with […]
Noble Corp. Extends Tom Madden Contract In Guyana
(Noble, 8.Oct.2020) — Noble Corporation plc announced the ultra-deepwater drillship Noble Tom Madden has been awarded approximately 6.5 years of additional contract term under the […]
Guyana Lists Flaring Production License Details
(Energy Analytics Institute, 5.Oct.2020) — Guyana’s Ministry of Natural Resources released flaring highlights related to the country’s petroleum production licenses. __________ By Ian Silverman. © […]
Quick Comparison: Liza 1 And Payara Developments
(Energy Analytics Institute, 5.Oct.2020) — Major differences in the licenses for the Liza Phase 1 and Payara developments offshore Guyana in the Stabroek Block as […]
Guyana Eyes Gas-To-Power Project Starting In 2021
(Energy Analytics Institute, 2.Oct.2020) — A natural gas-to-power project is expected to start in 2021 to produce reliable electricity for Guyanese citizens, the country’s Natural […]
Payara Development More Expensive Than Liza Phase 2
(Energy Analytics Institute, 1.Oct.2020) — The recently sanctioned Payara development located offshore Guyana in the Stabroek Block will demand a hefty $9bn development cost due […]
ExxonMobil To Proceed With Payara Development
(Exxon, 30.Sep.2020) — ExxonMobil made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Payara is […]
Hess Sanctions Payara Development
(Hess, 30.Sep.2020) — Hess made a final investment decision to proceed with development of the Payara Field offshore Guyana after the development plan received approval […]
Exxon Eyes 10 Drill Centers For The Payara Development
(Energy Analytics Institute, 30.Sep.2020) — Exxon announced the Final Investment Decision (FID) was made to proceed with development offshore Guyana of the Payara field. The […]
Fines Delay ExxonMobil License In Guyana
(Argus, 25.Sep.2020) — Guyana is preparing to fine ExxonMobil over natural gas flaring and untreated water dumping at its offshore Stabroek block. Discussions over the […]
EPA Permit For Payara In Guyana Issued
(Energy Analytics Institute, 24.Sep.2020) — The EPA issues environmental permit for the Payara project offshore Guyana. __________ By Ian Silverman. © Energy Analytics Institute (EAI). […]
China On Pompeo’s Remarks On China
(Chinese Embassy in Guyana, 18.Sep.2020) — The US Secretary of State Michael R. Pompeo made again some erroneous remarks on China during his visit to […]
US Secretary Of State Mike Pompeo Arrives In Guyana
(DPI, 17.Sep.2020) — The arrival of United States (US) Secretary of State, Mr. Michael Pompeo on these shores today marks an historic development in the […]
US Secretary Of State To Reach Guyana Soon
(DPI, 17.Sep.2020) — The United States Secretary of State Mr. Michael Pompeo is set to arrive this evening and will be the highest-ranking sitting government […]
Guyana And The US: More Than 50 Years Of Friendship
(US Embassy Guyana, 16.Sep.2020) — Secretary Pompeo will travel to Georgetown, Guyana, 17-18 September 2020. He will meet with newly elected President Irfaan Ali and […]
Pompeo To Visit Guyana, Suriname, Brazil, Colombia
(US State Department, 15.Sep.2020) — Secretary of State Michael R. Pompeo will travel to Paramaribo, Suriname; Georgetown, Guyana; Boa Vista, Brazil; Bogota, Colombia; and Plano, Texas, September 17-20, 2020.  This trip […]
Stena Carron Arrives To Drill Tanager Prospect
(Energy Analytics Institute, 15.Sep.2020) — Ratio Guyana, an affiliate of Tel Aviv-based Ratio Petroleum, announced the arrival of the Stena Carron drillship to the Tanager […]
Pompeo’s Visit Extremely Important, Says Pres. Ali
(DPI, 14.Sep.2020) — His Excellency Dr. Mohamed Irfaan Ali has described United States (US) Secretary of State, Mr. Michael Pompeo’s imminent visit to Guyana as […]
Hess Corp. CEO John Hess Eyes Imminent Payara Deal
(Energy Analytics Institute, 9.Sep.2020) — Hess Corporation CEO John B. Hess is optimistic the Guyanese government of new President Mohamed Irfaan Ali will give approval […]
Hess Finds More Oil At Redtail-1, Yellowtail-2
(Hess, 8.Sep.2020) — Hess announced another oil discovery offshore Guyana at the Redtail-1 well, the 18th discovery on the Stabroek Block, which will add to the previously announced […]
Hess To Participate In Barclays CEO Conference
(Hess Corp., 4.Sep.2020 — Hess announced that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on 9 […]
Stena Inks Deal For Tullow Suriname Well
(Energy Analytics Institute, 1.Sep.2020) — Stena Drilling inked a new contract with Tullow Suriname BV for the Stena Forth drillship to drill one well offshore […]
Exxon Guyana Head Warns On Payara Investments
(News Room, 26.Aug.2020) — ExxonMobil could take the money for its third development project, called Payara, elsewhere if it does not get a favourable plan […]
Can Guyana Salvage Its Much-Hyped Oil Boom?
(Oilprice.com, 25.Aug.2020) — The deeply impoverished South American country of Guyana in recent years was heralded as the hottest new oil boom in the Americas. […]
Guyana Re-launches Search For Co. To Market Oil
(Reuters, 24.Aug.2020) — Guyana has re-launched a search for a company to market the government’s share of the crude produced at the offshore Liza project, […]
Guyana And Suriname To Benefit From Joining Forces
(Energy Analytics Institute, 24.Aug.2020) — Neighboring Guyana and Suriname in South America have been well off investor’s radars until recently. The countries are now regular […]
A Not-To-Do List For Guyana’s New Govt
(IPS, 24.Aug.2020) — Just over five years ago, a major oil discovery occurred on the northeastern coast of South America. There have been a series […]
Exxon Limits Guyana Output Due To Gas Injection Issues
(Reuters, 21.Aug.2020) — Exxon Mobil Corp is limiting output at its flagship offshore project in Guyana to 100,000 barrels-per-day (bpd) due to more issues with […]
Guyana Planning For More Demands On ExxonMobil
(Forbes, 20.Aug.2020) — With the newly-elected People’s Progressive Party/Civic (PPP/C) government now firmly in place following five months of vote-counting controversy, Guyanese President Irfaan Ali […]
CNOOC: Good Achievements With Cost Reduction
(CNOOC, 19.Aug.2020) — CNOOC Limited announced its 2020 interim results for the six months ended June 30, 2020. Facing the unprecedented challenges in the first […]
Guyana Wants To Buy Power For National Grid
(DemeraraWaves, 18.Aug.2020) — In light of the recent blackouts , the Guyana Power and Light Inc (GPL), through the Ministry of Public Works will be […]
UK’s Global Witness Urges Guyana Renegotiate Oil Deal
(Caribnews, 18.Aug.2020) — The United Kingdom-based, anti-corruption organization Global Witness yesterday called on the new Government here to immediately investigate and renegotiate the US-owned oil […]