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Weekly Review





Prosperity for Guyanese ‘as quickly as
possible’  is plan for oil funds – President

Keno George

President of Guyana Dr Irfaan Ali delivering the feature address at the opening of the 2022
International Energy Conference at the Marriott Hotel in Georgetown

By Kurt Campbel l/ News Room Guyana

GEORGETOWN 02 21 2022

President Irfaan Ali on Tuesday vowed that Guyana will neither back down from its aggressive pursuit of the energy sector nor its commitment to climate change.



Guyana shifts responsibility for full coverage insurance from Exxon to EPA

Guyana EPA

Guyana's EPA mandate is To Promote, Facilitate and Coordinate Effective Environmental Management and Protection;
and the Sustainable use of Guyana Natural Resources .

By Kaieteur News

Petroleumworld 02 07 2022


$50M penalty proposed for breach of Guyana's local content bill


The Parliament of Guyana.

By Rehana Ahamad / Guyana Chronicle

Petroleumworld 12 20 2021

NRF Macroeconomic Committee to oversee oil funds to be replace

Natural Resource Fund Law(NRF)…Jagdeo to remove committee which oversees sustainable withdrawals from oil account

- Jagdeo to remove committee which oversees sustainable withdrawals from oil account
Says arrangement complex, not transparent

By Kaieteur News

Petroleumworld 12 13 2021

Thirty companies express interest in Guyana's gas-to-shore project


Some 30 companies have expressed interest in the government’s gas-to-shore project, which is pegged at US$900 million - Natural Resources Minister, Vickram Bharrat

By Kaieteur News

Petroleumworld 12 06 2021



Daily News


SBM Offshore celebrates 5th anniversary in Guyana, opens new office

Guyana local content legislation to cater for 20% to 100% utilisation of Guyanese businesses in 40 areas

Exxon to build its own onshore base for Guyana's Yellowtail Project

Guyana in good position to leverage oil blocks – oil executive

Major oil companies showing interest in Guyana’s only unlicensed deep-water block

Guyana’s oil & gas exploration has 80% success rate – President Ali

Guyana to train regulators to hold oil companies accountable –Pres. Ali

Controversial Ghanaian Professor helping Guyana draft new Oil Fund Laws



EPA reviewing insurance coverage for existing oil & gas projects

Liza 1 can safely pump 144,000 barrels per day – EPA Head clarifies

Environmentalist questions ‘independence’ of Exxon’s Consultant

Yellowtail subsea contract among top 10 global awards for the century – Rystad Energy

50 percent of Region’s gas reserves may be left stranded –IDB warns

Draft Local Content Bill calls for near takeover of Guyana oil operations by locals



Guyana Oil & Gas sector contributes over $50B in taxes

Govt.’s local content demands still unrealistic; will set Guyanese companies up for failure – Int’l Consultant

No tapping into Guyana’s US$534M oil fund just yet

Guyana Govt. should audit Guyana's Exxon projects Liza 1, 2 & 3 before approving 4th project—OGGN

Another massive hydropower plant on the cards for Guyana

ExxonMobil - Hess wants to extend hold on Stabroek Block due to COVID – 19



Guyana's oil audits will be completed

Exxon gives SBM Offshore advance an to build 4th FPSO without approval

US team excited about Guyana's investment prospects in housing, energy, infrastructure

Exxon signs ‘large’ contract for Guyana's 4th project with TechnipFMC for sub sea equipment despite no approval of the Yellowtail project

UAE’s investor advances interest in Guyana

US$900M Gas-to-shore in Guyana, oil projects will significantly impact marine resources



To insure an efficiente energy mix Guyana secure US$75M for solar farms for eigth grids

ExxonMobil impact on sea enviroment believe cause for Guyana's fish and shrimp production decline 

Guyana's oil earnings could exceed G$6.7 trillion by 2035 -IDB

ExxonMobil in talks with SBM Offshore to build 4th FPSO despite no Guyana Govt. approval

Guyana to start auctioning oil blocks in 3Q 2022 - VP Jadeo

UK stakeholders examine opportunities in Guyana's natural resources sector

In three months, Exxon Guyana's 4th project will flare two – thirds of gas Liza Destiny burnt in two years


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Deep sea mining
on ISA agenda

Barbados becomes
a Republic

Jamaica's state
of emergency








Kaiteur News:

cannot survive
without Guyana

Exxon's profitability
and its top tier viability
depend on its investments
in Guyana's oil sector

Sandra Weiss: Guyana conflicts or inclusion

Kevin Ramnarine: Guyana enters the oil age






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