Guyana Archives - Panorama Insurance Brokers

Guyana’s huge offshore developments take centre-stage at opening of ‘Gateway’ event

Guyana’s massive hydrocarbon resources and offshore development plans were the key focal points at the opening of the 4th Annual Aberdeen-Guyana Gateway event on Tuesday, June 22. The 2-day event is bringing together the Aberdeen and Guyana energy communities on one digital stage to network, knowledge share, and foster the development of valuable supply chain… Read More

Exxon forges ahead with exploration drilling at Pinktail, Cataback

ExxonMobil is forging ahead with its aggressive exploration and appraisal drilling programme offshore Guyana with new prospects being targeted at the 6.6 million acres Stabroek Block. The Noble Sam Croft drill ship is probing Pinktail-1, located 104 nautical miles (192.6 kilometers) offshore, covering an area of 0.29 square nautical miles. The Maritime Administration Department said… Read More

High-level Suriname delegation visits UK-based EnerMech at Guyana Shore Base

Chief Executive Officer of Staatsolie Maatschappij Suriname, Mr. Anand Jaggesar and other senior staff, accompanied by Suriname Minister of Foreign Affairs, International Business and International Cooperation Albert R. Ramdin and Minister of Natural Resources David Abiamofo, recently visited EnerMech Guyana Inc. and met with the company’s Country Manager, Mr. Darrel Sookdeo, and other staff at their mechanical… Read More

Guyana, Suriname will eat up more deep water investments as majors double down

Consultancy group Wood Mackenzie did a recent analysis on the relevance of future oil and gas exploration in a world where energy companies are being pressured to clean up their act and give way to the energy transition. Under these circumstances, analysts have long concluded that provinces capable of delivering low-cost, cleaner barrels such as… Read More

A two-fold approach to lower emissions in Guyana: Exxon’s carbon capture strategy and a potential government carbon tax

By Arthur Deakin – OilNOW The International Energy Agency (IEA) recently set out a narrow roadmap for the world to reach net zero carbon emissions by 2050. Annual renewable energy capacity will have to be added at four times the rate of 2020, which registered a record-high 280 GW in the past year. For solar… Read More

Orinduik explorers just months away from selecting new ‘light oil’ drill targets

Following the completion of desktop work to reprocess seismic data, explorers at Guyana’s Orinduik Block will move to identify new targets for drilling in 2022. “The joint venture partners of the Orinduik Block offshore Guyana utilized the past 18 months in the slowdown in economic and exploration activity to do a thorough science and study… Read More

Guyana can become key player on global oil market with increased production – API’s Chief Economist

With Guyana expected to produce more than 800,000 barrels of oil per day by 2025, experts say that the country can become a key producer in creating global oil market balance as the demand grows and supply shrinks. Chief Economist at the American Petroleum Institute (API), Dr. Dean Foreman, during a webinar hosted by the… Read More

“We are putting science and math fluency on the fast track” – ExxonMobil Guyana

ExxonMobil has contributed $20.9M to the Volunteer Youth Corps. Inc.’s online after school programme for Science, Technology, Engineering, and Mathematics (STEM) education in Guyana. The company says this is in keeping with its commitment to invest in the country’s social and economic progress. In a statement to the press, the Volunteer Youth Corps Inc. (VYC)… Read More