Business

GEORGETOWN, GUYANA — In a major move to safeguard the nation’s burgeoning energy infrastructure, ExxonMobil Guyana has announced the deployment of the Sentinel Proactive monitoring platform. This high-tech system is designed to provide real-time protection for the subsea pipeline corridor, a critical artery in Guyana’s landmark Gas-to-Energy (GtE) project. The …

French energy major TotalEnergies has received a significant regulatory green light to proceed with a US$25 million exploration campaign offshore Guyana, marking a key step in expanding its footprint in one of the world’s premier oil basins. The Environmental Protection Agency (EPA) has determined that the proposed 3D seismic survey …

The Government of Guyana has extended proposal submission deadlines for two gas-linked projects planned for Wales, West Bank Demerara—a fertilizer complex and a liquefied petroleum gas (LPG) bottling and logistics facility—as it continues efforts to expand downstream use of natural gas from its offshore sector. Under the updated timelines, Engineering, …

Guyana began feeling the immediate secondary effects of the burgeoning U.S.-Venezuela conflict on Saturday, as the nation’s main international gateway saw a wave of delays and cancellations. Following the dramatic U.S. military operation to capture President Nicolás Maduro, regional airspace has been plunged into chaos, impacting Guyana’s status as a …

GEORGETOWN, GUYANA — For over a century, the rhythm of Guyanese life was dictated by the harvest cycles of the “King Sugar” estates and the vast, golden rice fields of the Berbice and Essequibe coasts. However, as the roar of the offshore oil rigs grows louder, a quiet anxiety is …

As the government celebrates a “New Year of Prosperity,” the latest data reveals a staggering reality: Guyana is pumping more oil than ever before, yet the average citizen is seeing less of the wealth. According to new production forecasts, crude oil output in Guyana has increased by an estimated ten-fold …

Guyana wants Indian companies to invest in its oil and gas sector as the South American nation aims to expand its oil output, a senior Indian foreign ministry official said on Tuesday. Guyana’s President Mohamed Irfaan Ali and Suriname’s President Chandrikapersad ‘Chan’ Santokhi, who are visiting India, held discussions on Monday with Indian Prime Minister Narendra …

Oilfield services firm TechnipFMC announced it has been awarded a 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 engineering, procurement, construction and installation of subsea risers and pipelines. The project will connect …

State-owned National Gas Company (NGC) of Trinidad and Tobago along with five (5) Chinese companies are among 12 companies that have submitted bids to pre-qualify for a project in Guyana that combines a gas-to-energy power plant and a natural gas liquids (NGL) facility. The Guyanese project also received bids from …

Italian energy services group Saipem said on Tuesday it had won two offshore contracts in Australia and Guyana for a total amount of $1.1 billion. Saipem received the second contract from ExxonMobil subsidiary Esso Exploration and Production Guyana (EEPGL) for the Yellowtail development project, located in the Stabroek block, offshore …