• Upstream
  • Pipelines & Transport
  • Downstream
Saturday, September 6, 2025
Oil&Gas Advancement
  • Home
  • News
    Live Transmission System to Transport Hydrogen

    SGN Uses Live Transmission System to Transport Hydrogen

    Egypt commits 400m investment

    Egypt Commits $400m Investment to Build a Gas Pipeline

    First Arctic LNG 2 Gas Delivery

    First Arctic LNG 2 Gas Delivery from Russia to China Starts

    Major Energy Deals

    Officials From Russia and The US Discuss Major Energy Deals

    Arctic LNG 2 Project from Russia

    Arctic LNG 2 Project from Russia Achieves Record Gas Output

    US LNG exports

    US LNG Exports Fuel Shale Gas Production Expansion

    North Sea oil discovery

    Norway Uncovers North Sea Oil Discovery Amid UK Exploration Scrapped

    Oil Gas Exploration in Mediterranean Sea

    Eastern-Libya to Approve Turkey’s Oil & Gas Exploration in Mediterranean Sea

    Iraq Chevron Signs Deal

    Iraq, Chevron Signs Deal to Revitalise Oil and Gas Assets

  • Projects
    First Arctic LNG 2 Gas Delivery

    First Arctic LNG 2 Gas Delivery from Russia to China Starts

    Major Energy Deals

    Officials From Russia and The US Discuss Major Energy Deals

    Arctic LNG 2 Project from Russia

    Arctic LNG 2 Project from Russia Achieves Record Gas Output

    Yellowtail Field Project

    Saipem Completes Construction of Yellowtail Field Project

    Venture Capital Makes Phenomenal US LNG Investment

    Venture Capital Makes Phenomenal US LNG Investment

    Mabadala Energy Invests in US Natural Gas Market Expansion

    Mabadala Energy Invests in US Natural Gas Market Expansion

    SEWA Implements Natural Gas Network Connection in the UAE

    SEWA Implements Natural Gas Network Connection in the UAE

    Adnoc Gas Expands LNG Supply to India for Decarbonisation

    Adnoc Gas Expands LNG Supply to India for Decarbonisation

    Natural Gas Transition Boost Economy in Northwestern Tunisia

    Natural Gas Transition Boost Economy in Northwestern Tunisia

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home News

Guyana seeks a 135-mile subsea gas pipeline to extend its energy win streak

in News, Pipelines & Transport
Red Butte launches open season for Wyoming pipeline refurbishment
Share on FacebookShare on Twitter

Guyana will likely become one of South America’s top oil producers over the next four years, but the world’s newest petrostate increasingly sees gas as the bedrock for growing its domestic economy.

Work will begin on constructing a major gas-fired power plant in 2022 on the expectation that a 220-kilometer (135-mile) pipeline will be built, according to Peter Ramsaroop, chief executive officer of GoInvest, a Guyana government agency that encourages foreign direct investment. Financing the project is still being worked out, he said.

“The start date of laying the pipe is now being finalized, but the decision has already been made,” Ramsaroop said in an interview. “Guyana must have the gas and hydropower to be able to bring a competitive economy to the point where we can depend on our own energy to deliver our goods and services.”

Guyana’s new energy wealth has already made it one of the world’s fastest-growing economies, with the International Monetary Fund forecasting gross domestic product expanding 20% this year. Still, electricity in the tiny country with a population of about 750,000 is expensive and unreliable because it’s largely generated by burning imported fuel oil and distributed via an aging transmission system.

Offshore Bounty

The government sees an opportunity to change that through Exxon Mobil Corp.’s massive offshore oil developments. The discoveries, pegged at 10 billion barrels of oil equivalent, also contain vast amounts of natural gas, which government officials want to utilize for power generation.

Exxon “expects to make significant progress over the next few years in cooperation with the Government of Guyana to advance a gas-to-energy project,” it said in a statement. The pipeline would transport about 50 million standard cubic feet a day of gas from the company’s Liza Phase 1 and 2 oil projects, it said.

Cheap and reliable power would open up economic opportunities for more manufacturing, agriculture and mining, which are vital if Guyana is to develop a diversified economy that can outlast its oil resources, Ramsaroop said. Guyana is on the lookout for foreign investment that would help build hydropower generation, bridges, and expand its agricultural land use, he said. The country also wants to build a deepwater port capable of exporting crops and manufactured goods from the region.

Guyana is aiming to “build that infrastructure foundation that allows our known industries to be modernized and expanded,” Ramsaroop said. “Investors looking at Guyana today are really looking at the wider corridor of northern Brazil, Suriname, Guyana and even French Guyana.”

Ramsaroop is visiting Expo 2020 Dubai this week with Guyanese President Irfaan Ali as they seek to forge new trade links as a result of the country’s oil boom. Local company Global Infrastructure Solutions Guyana Inc. signed a deal with Unidome Global DWC LLC of the United Arab Emirates to build a manufacturing facility for construction materials in the South American country.

Previous Post

Aramco expands climate goals, stating ambition to reach operational net-zero emissions by 2050

Next Post

ExxonMobil plans to increase carbon capture at LaBarge, Wyoming facility

Related Posts

Live Transmission System to Transport Hydrogen
Europe

SGN Uses Live Transmission System to Transport Hydrogen

September 6, 2025
Egypt commits 400m investment
News

Egypt Commits $400m Investment to Build a Gas Pipeline

September 4, 2025
First Arctic LNG 2 Gas Delivery
Gases

First Arctic LNG 2 Gas Delivery from Russia to China Starts

September 1, 2025
Major Energy Deals
News

Officials From Russia and The US Discuss Major Energy Deals

September 1, 2025
Arctic LNG 2 Project from Russia
Europe

Arctic LNG 2 Project from Russia Achieves Record Gas Output

September 1, 2025
US LNG exports
Gases

US LNG Exports Fuel Shale Gas Production Expansion

August 27, 2025
Next Post
ExxonMobil to sell Norway upstream operations for $4.5 billion

ExxonMobil plans to increase carbon capture at LaBarge, Wyoming facility

LatestNews

Egypt commits 400m investment
News

Egypt Commits $400m Investment to Build a Gas Pipeline

September 4, 2025
First Arctic LNG 2 Gas Delivery
Gases

First Arctic LNG 2 Gas Delivery from Russia to China Starts

September 1, 2025
Major Energy Deals
News

Officials From Russia and The US Discuss Major Energy Deals

September 1, 2025
Arctic LNG 2 Project from Russia
Europe

Arctic LNG 2 Project from Russia Achieves Record Gas Output

September 1, 2025
US LNG exports
Gases

US LNG Exports Fuel Shale Gas Production Expansion

August 27, 2025
North Sea oil discovery
Exploration Development

Norway Uncovers North Sea Oil Discovery Amid UK Exploration Scrapped

August 27, 2025

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.