Category: Energy

Reflorestation

Liguefied natural gas

Liquefied natural gas opportunities for Suriname

Guyana would also benefit eyesonsuriname Amsterdam, November 8, 2024– Research agency Wood Mackenzie reports that Suriname and Guyana could together produce 12 million tons of liquefied natural gas (LNG) annually. This could also be supplied at a competitive price. Demand for LNG is expected to increase at the end of this decade, as the industry…
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The Discovery of Black Gold

eyesonguyana Amsterdam, September 24th, 2024 –  In 2015, Guyana’s fortunes changed dramatically with the discovery of vast offshore oil reserves. This small South American nation, known for its lush rainforests and diverse culture, suddenly found itself on the brink of an economic transformation. The potential for wealth was immense, but so were the risks. The…
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Harnessing Guyana’s Oil Wealth for Sustainable Development

eyesonguyana 1. Investing in Education and Skill Development One of the most effective ways President Irfaan Ali can ensure that the oil wealth benefits the local population is by investing in education and skill development. By creating programs that focus on vocational training and higher education, the government can equip Guyanese citizens with the skills…
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Harnessing Guyana’s Oil Wealth: A Vision for Sustainable Prosperity

Harnessing Guyana’s Oil Wealth:

A Vision for Sustainable Prosperity eyesonguyana Empowering Communities through Strategic Investments Steven Coutinho’s philosophy emphasizes the importance of empowering communities to drive sustainable development. Guyana can channel its oil revenues into creating high-paying jobs and fostering innovation in strategic sectors. By investing in education, healthcare, and infrastructure, the country can uplift its population, ensuring that…
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Halliburton discovers Suriname

And grabs opportunity eyesonsuriname Amsterdam, 12 August 2024– The Future of oil growth is, according to Global Data, most likely centered around the Suriname-Guyana basin. The oil and gas industry has long underpinned the global economy in general and with demand growing steadily except during the COVID-19 pandemic.  Recent discoveries and massive oilfield reserves sustain global…
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Guyana to contract 3D seismic study to support offshore exploration, future bid rounds

Guyana to contract 3D seismic study to support offshore exploration, future bid rounds

eyesonguyana Guyana plans to contract a survey to gather data in support of offshore exploration and future bid rounds.  The Ministry of Natural Resources published a June 5 request for expressions of interest from “reputable and experienced” firms to conduct a 3D multi-client seismic survey offshore Guyana.  The new notice said the objective of the…
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Exxon CEO: Guyana is the most successful deepwater development in history

Exxon CEO: Guyana is the most successful deepwater development in history

eyesonguyana Amsterdam, 27 april 2024–ExxonMobil’s Chief Executive Officer (CEO) and Chairman of the Board, Darren Woods, hailed Guyana’s oil story as one that will be well remembered in the history of the oil and gas sector.  “I believe Guyana will go down as one of the most successful deepwater developments in the history of the…
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Brazilian Energy Sector Plans

Brazilian Energy Sector Plans

Enormous Investments eyesonbrasil Amsterdam, 22 april 2024–Petrobras, Brazil’s state-controlled oil company, has unveiled plans for investments exceeding US$70 billion in exploration and production activities. Not too long ago, Petrobras already invested and focused heavily in pumping up oil, as well as take-overs in order to grow more.  These investments aim to not only bolster the country’s…
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Petrobras Jubilant

Brazil follows Suriname & Guyana

Petrobras Jubilant finding more oil eyesonbrasil Amsterdam, 9 april 2024– Brazilian oil giant Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in earnest to repeat exploration successes  off the coasts of Guyana and Suriname.  Announcing the find in an April 9 release, Petrobras said its…
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Territorial woes for Guyana

Two regions in dispute eyesonsuriname Amsterdam, April 9 2024–Guyanese authorities have requested the United Nations Security Council to review Venezuela’s territorial claims over the oil-rich Essequibo region, under the jurisdiction of the former British colony since 1899, but which Caracas has annexed to all its official maps following a referendum last year. The Guyanese Government…
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