(Energy Analytics Institute, Ian Silverman, 6.Mar.2020) — The Carter Center’s Jason Carter speaks to media in Guyana on 6 March 2020 regarding that country’s elections 2 March 2020 and issues regarding the vote counting process. *** © Energy Analytics Institute (EAI)
Tag: FirstOil2020
Exxon, Hess Move Up Guyana First Oil Date
(Chron.com, Jordan Blum, 30.Oct.2019) — Exxon Mobil and Hess Corp. said they are moving up the start date for first oil production in Guyana to December instead of the previous timeline slated for early 2020. The Liza Phase 1 project is just the beginning of the concerted, Exxon Mobil-led effort […]
Liza Destiny FPSO Moves To Offshore Guyana
(Zacks, 30.Aug.2019 ) — Hess Corporation recently announced the arrival of Liza Destiny — an oil production vessel — at the Stabroek Block, offshore Guyana. Notably, this is Guyana’s first floating, production, storage and offloading vessel. The 1,115-foot vessel arrived at the site after a 42-day journey from Singapore. Starting […]
About Guyana: GECOM
(GECOM, 5.Jul.2019) — Guyana, the only English speaking country in South America was first inhabited by the Amerindians until the era of the European exploration when the Spanish began using it as a trading post during the 16th Century. Background and history Guyana, the only English speaking country in South […]
Guyana State Agency Reveals Details Of Oil Blocks Probe
(AP, Bert Wilkinson, 29.May.2019) — Guyana’s State Assets Recovery Agency said Wednesday it has launched an investigation into whether corruption played a role in the previous government’s 2015 decision to award two oil blocks to little-known companies days after ExxonMobil signaled it had found large deposits of oil and gas. […]
Chevron To Gain Anadarko’s Offshore Guyana Oil Assets After Takeover
(Stabroek News, 14.Apr.2019) — Guyana could see oil exploration activity in the ultra-deepwater region picking up pace in the near future with United States oil giant Chevron set to buy Anadarko Petroleum Corp, which holds an exploration licence for the Roraima Block offshore Guyana. As part of its crude and […]
US Acknowledges Guyana’s Right To Renegotiate Exxon Deal If It So Chooses
(Stabroek News, 10.Apr.2019) — The United States acknowledges that it is within Guyana’s sovereign right to renegotiate the controversial Production Sharing Agreement (PSA) between the country and ExxonMobil and its partners if it so chooses, recently accredited US Ambassador to Guyana, Sarah-Ann Lynch says. “We certainly believe that Guyana is […]
Bynoe Says Guyana On Cusp Of Transformational Development
(Guyana Dept. Of Public Information, 3.Dec.2018) — Director, Department of Energy, Dr. Mark Bynoe this morning announced that United States oil giant ExxonMobil has made its 10th discovery offshore Guyana at the Pluma-1 well. This latest discovery has increased the estimated recoverable resource for the Stabroek Block to more than […]
ExxonMobil Makes 10th Guyana Find; Raises Stabroek Estimate To 5 Bln Bbls
(ExxonMobil, 3.Dec.2018) — ExxonMobil said today it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels. The resource estimate, up from the previous estimate of more than 4 billion oil-equivalent barrels, is a […]
No Credible Reports Of Corruption In Guyana Oil Sector
(Stabroek News, 14.Nov.2018) — The Department of Energy (DoE) has to date received no credible reports of any form of corruption as it relates contractors and deals in the nascent oil and gas sector. “To be quite blunt, no,” Head of the DoE Dr. Mark Bynoe said in response to […]
Oil And Gas Could Dominate 2020 General Election In Guyana
(CMC, 12.Nov.2018) — Finance Minister Winston Jordan has given an insight into the campaign for the 2020 general elections in Guyana telling voters that the oil sector will feature prominently in the race for the leadership of the Caribbean Community (CARICOM) country. Addressing a political meeting ahead of Monday’s Local […]