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Tag Archives: Department of Energy

Guyana ramps up plans for selling crude oil

Guyana’s preparations for the start of commercial oil production and lifting is moving apace and these include having a third party aboard the floating production, storage and offloading (FPSO) vessel overseeing the movement of oil, Head of the Ministry of the Presidency’s Department of Energy, Dr. Mark Bynoe said Wednesday. “It is the government’s desire to be pursuing a third-party ...

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GCCI’s Petroleum Head calls out President Granger on oil and gas silence

Head of Petroleum at the Georgetown Chamber of Commerce and Industry, Attorney-at-Law Charles Ramson is flaying President David Granger for being virtually silent on key issues in the oil and gas sector. Mr Ramson, who holds a master of science in Oil and Gas Enterprise Management from the United Kingdom’s University of Abeerdeen, describes the establishment of the Department of ...

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ExxonMobil makes 1st Tripletail-1 well discovery offshore Guyana 

The Director of the Ministry of the Presidency’s Department of Energy, Dr. Mark Bynoe on Monday announced that ExxonMobil made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. This well was being drilled by the Tom Madden drillship. This discovery adds to the previously announced estimated recoverable resource of more than ...

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First Oil: Liza Destiny arrives in Stabroek Block

The Liza Destiny, Guyana’s ‘First Oil’ production vessel has arrived in the Stabroek Block after traveling nearly 11 thousand nautical miles from the Keppel Shipyard in Singapore, ExxonMobil announced Thursday. The floating production storage and offloading (FPSO) vessel journeyed for 42 days, after a June commissioning ceremony at which First Lady, Sandra Granger renamed it “Godmother”. After clearing customs, the ...

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‘No oil blocks investigator contacted me’; probe will prove deals above board – Former Natural Resources Minister

Former Minister of Natural Resources, Robert Persaud on Sunday said no government investigator has questioned him concerning the issuance of oil concessions and he and members of the then People’s Progressive Party Civic (PPPC) administration were not worried about an independent probe. Officials of the State Assets Recovery Agency (SARA) less than one month ago caused quite a stir locally ...

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No conflict of interest; “I fully disclosed my interest in Videomega Productions Ltd”- Minister Hughes

Minister of Public Telecommunications, Catherine Hughes on Monday rejected claims that she breached the Code of Conduct contained in the Integrity Commission Act because she is still the owner of Videomega Productions. Hughes, in a swift reaction to assertions by former Auditor General Anand Goolsarran, said she has already declared her ownership of the private media production company to the ...

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Guyana seeks Islamic bank funding for technical-vocational training for oil sector jobs

Guyana has asked the Islamic Development Bank (IsDB) to finance the training of local persons for the emerging oil and gas sector, even as top officials said foreigners would have to be employed if there are insufficient Guyanese to fill vacancies. “A reverse linkage programme in technical and vocational training with emphasis on addressing the critical needs of our emerging ...

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