May 6, 2022 ExxonMobil recently started producing oil from our second offshore development in Guyana, bringing the country’s capacity to more than 340,000 barrels a day, up from zero three…
Category: GUYANA
ExxonMobil makes three new discoveries offshore Guyana, increases Stabroek resource estimate to nearly 11bn barrels
April 29, 2022 ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. ExxonMobil…
ExxonMobil makes final investment decision on fourth Guyana offshore project
April 5, 2022 ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. The company’s fourth, and largest, project in the…
CariCris: IPED Guyana gets good ratings
April 1, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned initial corporate credit ratings of CariBBB (Local Currency Rating) and CariBBB- (Foreign Currency Rating) on its regional…
Guyanese President markets Amazon rainforest as part of its diversification plan: Oil money will serve to protect ecosystems.
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com February 18, 2022 Guyana’s President Irfaan Ali is marketing the Amazon rainforest as a lucrative place to do business. His comments on the value of the…
ExxonMobil starts production at Guyana’s second offshore development
February 15, 2022 Production from Liza Unity vessel to reach 220,000 barrels of oil per day later this year Accelerated development brings Guyana production capacity to more than 340,000 barrels…
ExxonMobil makes two discoveries offshore Guyana
January 7, 2022 Fangtooth and Lau Lau discoveries will add to previous recoverable resource estimate of 10 billion oil-equivalent barrels Positive result supports strategy to test deeper exploration targets within…
Chuck E. Cheese Signs New Development Agreements In Qatar, Suriname And Guyana
December 7, 2021 Chuck E. Cheese, the global family entertainment brand, continues to drive international expansion and has successfully signed development agreements in three new countries across South America and…
Deodat Maharaj and Minister Todd Discuss Assistance to Guyana’s MSMEs
October 12, 2021 As Executive Director Deodat Maharaj continues the Agency’s stakeholder engagement mission in Guyana, he met with The Honourable Hugh Hilton Todd, Minister of Foreign Affairs and International…
Digicel Builds Deep Blue One Subsea Cable Connecting French Guiana, Suriname, Guyana and Trinidad & Tobago.
October 1, 2021 Digicel is making a significant investment in international submarine capacity with the build of its Deep Blue One subsea cable and has signed a partnership agreement with…
President of Guyana to feature at the region’s first Agricultural Technology Investment Summit
September 24, 2021 Caribbean Export Development Agency to host the regions first agricultural technology summit. H.E. Dr. Irfaan Ali, President of the Cooperative of Guyana to deliver keynote address. Caribbean…