Apr 07, 2025
—urges EPA to conduct independent studies on water quality By: Davina Bagot Kaieteur News- Pritipaul Singh Investments Inc (PSI) has become a household name throughout Guyana for its vast investment in the fishing industry and hundreds of employment opportunities created by the company; but with the advent of oil and gas activities offshore, General Manager,...
Apr 04, 2025
…calls on Gov’t to intervene urgently By: Davina Bagot Kaieteur News- General Manager of Pritipaul Singh Investments (PSI), Pritipaul Singh, is fearful of what the future holds for the fishing industry in Guyana, given a 77% decline in catches and revenue recorded by his company since 2019. The businessman, in an interview with Kaieteur News...
Oct 22, 2024
…4.3 Trillion cubic feet of gas burned Kaieteur News- ExxonMobil Guyana Limited (EMGL) in 2023 handed over $5.6M in flaring fees to the Environmental Protection Agency (EPA). This was revealed by President of EMGL, Alistair Routledge during the company’s third quarter media conference. The company is required to pay US $50 per tonne of carbon...
Jan 16, 2023
By Renay Sambach Commonwealth Secretariat Economic Adviser, Naadira Ogeer, has cautioned developing countries like Guyana that the price tag attached to decommissioning could easily wipe out any benefits the country sees from oil project. The process of restoring the ocean’s floor when an oil and gas project has come to an end is called ‘Decommissioning.’...
Dec 29, 2022
Kaieteur News – The high levels of gas flaring by oil giant ExxonMobil has been a sore issue for Environmentalists and Civil Society Activists here. However, the Guyana Government has taken a different approach to the matter, allowing the company to burn the excess gas but pay a paltry fine for doing so. After months...
Nov 21, 2022
It is estimated the combined gross recoverable reserves the total amount of oil which the oil companies expect to extract from the Stabroek Block from its four approved field development plans is an estimated 11 billion barrels. Assuming an average price of US$55 per barrel, these fields are expected to generate cost to the value...
Nov 10, 2022
Kaieteur News – American oil giant, ExxonMobil Corporation and Dutch shipbuilder, SBM Offshore have signed a Memorandum of Understanding (MoU) for another floating production storage and offloading (FPSO) vessel to serve a future project in Guyana. Over the years, the Dutch company secured several contracts for the provision of FPSO vessels to ExxonMobil, including the...
Oct 27, 2022
– company says happy to get in on ‘flourishing Guyanese market’ By Renay Sambach Kaieteur News – American oil giant, ExxonMobil Guyana last week, awarded a US$263 million, three-year contract to a Norwegian subsea company for two vessels to support its offshore operation. Exxon’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) is the operator...
Oct 09, 2022
By Davina Bagot Kaieteur News – Based on the Environmental Impact Assessment (EIA) submitted by ExxonMobil Guyana for the Liza One operations in the Stabroek Block, the developer is allowed to dump as much as 4000 barrels of sewage each day in Guyana’s territorial waters. Environmental Lawyer, Melinda Janki, who has been flagging the dangers...
Sep 22, 2022
Kaieteur News – Almost two weeks after American oil major, ExxonMobil reported a ‘one barrel’ spill at the Liza Two operation in the Stabroek Block, the Environmental Protection Agency (EPA) has not come out to tell the nation whether its investigation has confirmed the minor spillage as reported by the company. To this end, the...
