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WiredJa Online News

Guyana soon to establish Petroleum Commission

GEORGETOWN, Guyana, July 30, 2019 - Best practices are being explored in the establishment of Guyana’s Petroleum Commission which will oversee and manage the country’s emerging oil and gas industry. This was disclosed by Director of Energy Dr. Mark Bynoe during a press conference at the Ministry of the Presidency on Monday.
  • Published in Energy

Guyana Listed as World’s Fastest Growing Economy

GEORGETOWN,  Guyana- The world’s second largest stock market, NASDAQ, has named Guyana as the fastest growing economy in the world. With a lucrative oil and gas industry on the horizon for Guyana, the country has been listed as the fastest growing economy in the world, with a projected growth rate of 16.3 per cent from 2018-2021.

ExxonMobil to Proceed with Liza Phase 2 Development Offshore Guyana

IRVING, Texas-May 3, 2019 -ExxonMobil said today it has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals. Liza Phase 2 will produce up to 220,000 barrels of oil per day and further capitalize on the significant development potential of the Stabroek Block, where ExxonMobil estimates producing more than 750,000 barrels of oil per day by 2025.
  • Published in Energy

GUYANA | ExxonMobil contracts 4th drillship

As ExxonMobil continues exploration drilling activities offshore Guyana and installation operations in preparation for first oil in less than a year, it has contracted the drillship, Noble Don Taylor.
  • Published in Energy
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