Guyana oil and gas Archives

December 11, 2025

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Woodside Energy and Chevron were the top winners on Wednesday at the US government’s first sale of oil and gas drilling rights in the Gulf of Mexico since 2023. The auction, which ended with US$279.4 million in high bids, was the first of 30 mandated by US President Donald Trump’s tax cut and spending bill, […]

November 8, 2025

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The Guyana Geology and Mines Commission (GGMC) will soon hold a mining lottery in Region Two, offering 30 mining blocks exclusively to Essequibo residents in a bid to empower small-scale miners and expand economic opportunities across the region. Natural Resources Minister Vickram Bharrat made the announcement during a meeting with miners and loggers on the […]

August 14, 2025

In the wake of last week’s announcement by ExxonMobil of the commencement of production from a fourth major oil development in the Stabroek area offshore Guyana, the size of the revenue stream due to the country’s government and it’s 800,000 citizens now stands to rise to as high as $10 billion annually by 2030. The […]

July 19, 2025

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Guyana’s rapidly expanding oil and gas sector is set to benefit from over 160 sustained local jobs with the official opening of a Mitsui Ocean Development & Engineering Company Inc. (MODEC) office in Georgetown. The Japanese offshore engineering giant’s investment not only strengthens the country’s energy sector but also brings meaningful employment and training opportunities […]

July 4, 2025

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The arbitrators in a legal dispute between Exxon Mobil (XOM.N), opens new tab and Hess (HES.N), opens new tab have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter. The ruling will determine whether Chevron (CVX.N), opens new tab can move forward with its $53 […]

Tag: Guyana oil and gas

BP, Woodside and Chevron are big winners at Gulf of Mexico oil and gas auction

30 mining blocks set aside for small operators on Essequibo Coast

Guyana positioned as powerhouse in the region

MODEC launches Guyana office, creating 160+ jobs in expanding oil sector

Arbitrators in Exxon, Hess dispute over Chevron deal have reached a decision, sources say

Private sector backs selective intake of skilled deportees

Elite chess players set for rapid showdown

Neighbours placed on lifetime bond after one cuts other’s electrical cord worth $800

Private sector backs selective intake of skilled deportees

Elite chess players set for rapid showdown

Neighbours placed on lifetime bond after one cuts other’s electrical cord worth $800