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ISO certification key for local companies competing in Guyana’s oil and gas sector, says PSC Chair 

At the recent Local Content Forum, Komal Singh, Chairman of the Private Sector Commission (PSC) of Guyana, highlighted the importance of ISO certification for...
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TechnipFMC posts solid Q3 2024 results, citing strong execution and growth prospects

TechnipFMC reported third-quarter 2024 revenues of US$2,348.4 million, with a net income of US$274.6 million, or US$0.63 per diluted share. Adjusted net income, which...
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Baker Hughes surpasses profit estimates amid strong international demand

Baker Hughes reported stronger-than-expected third-quarter profits, boosted by sustained international demand for its drilling equipment and oilfield technology. The company’s adjusted profit reached US$67...
NewsShikema Dey -

Jaguar FPSO to follow Liza Unity model – SBM Offshore CEO 

SBM Offshore's Chief Executive Officer, Øivind Tangen confirmed that the upcoming Jaguar floating production storage and offloading vessel (FPSO) will be executed with the...
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Secure Innovations and Concepts Inc.: 30 years of stability and employee-centric benefits

At Secure Innovations and Concepts Inc., we pride ourselves on being more than just a company; we are a family committed to the growth...
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Latest News

NewsOilNOW -

ISO certification key for local companies competing in Guyana’s oil and gas sector, says PSC Chair 

At the recent Local Content Forum, Komal Singh, Chairman of the Private Sector Commission (PSC) of Guyana, highlighted the importance of ISO certification for...
NewsOilNOW -

TechnipFMC posts solid Q3 2024 results, citing strong execution and growth prospects

TechnipFMC reported third-quarter 2024 revenues of US$2,348.4 million, with a net income of US$274.6 million, or US$0.63 per diluted share. Adjusted net income, which...
NewsOilNOW -

Baker Hughes surpasses profit estimates amid strong international demand

Baker Hughes reported stronger-than-expected third-quarter profits, boosted by sustained international demand for its drilling equipment and oilfield technology. The company’s adjusted profit reached US$67...
NewsShikema Dey -

Jaguar FPSO to follow Liza Unity model – SBM Offshore CEO 

SBM Offshore's Chief Executive Officer, Øivind Tangen confirmed that the upcoming Jaguar floating production storage and offloading vessel (FPSO) will be executed with the...
NewsOilNOW -

Secure Innovations and Concepts Inc.: 30 years of stability and employee-centric benefits

At Secure Innovations and Concepts Inc., we pride ourselves on being more than just a company; we are a family committed to the growth...
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Stories beyond the barrel

Stories Beyond the BarrelShikema Dey -

CinNex Inc: Navigating Guyana’s multimedia industry with vision and tenacity

CinNex Inc., a name synonymous with multimedia innovation in Guyana, stands as a testament to resilience, adaptability, and foresight. At the helm of this...

Local Content

NewsOilNOW -

Local Content Law not meant to protect poor services – Min. Bharrat to Guyanese businesses

Minister of Natural Resources, Vickram Bharrat, emphasized that Guyana's local content legislation is not a shield for substandard services. Speaking at the Local Content...

Regional

Latest News

NewsOilNOW -

ISO certification key for local companies competing in Guyana’s oil and gas sector, says PSC Chair 

At the recent Local Content Forum, Komal Singh, Chairman of the Private Sector Commission (PSC) of Guyana, highlighted the importance of ISO certification for...
News

TechnipFMC posts solid Q3 2024 results, citing strong execution and growth prospects

OilNOW -
TechnipFMC reported third-quarter 2024 revenues of US$2,348.4 million, with a net income of US$274.6 million, or US$0.63 per diluted...
News

Baker Hughes surpasses profit estimates amid strong international demand

OilNOW -
Baker Hughes reported stronger-than-expected third-quarter profits, boosted by sustained international demand for its drilling equipment and oilfield technology. The...
News

Jaguar FPSO to follow Liza Unity model – SBM Offshore CEO 

Shikema Dey -
SBM Offshore's Chief Executive Officer, Øivind Tangen confirmed that the upcoming Jaguar floating production storage and offloading vessel (FPSO)...
News

Secure Innovations and Concepts Inc.: 30 years of stability and employee-centric benefits

OilNOW -
At Secure Innovations and Concepts Inc., we pride ourselves on being more than just a company; we are a...
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Exploration

ExplorationOilNOW -

Oil story of South America’s newest producer built on 45 discoveries in just nine years 

ExxonMobil’s Liza find back in 2015 unlocked a treasure trove of oil and gas discoveries in Guyana’s Stabroek Block. Now, in 2024, the number...
Exploration

Exxon conducting drilling operations at Redmouth

OilNOW -
ExxonMobil has commenced exploration drilling at the Redmouth-1A well in the Stabroek Block offshore Guyana. Previously, the company drilled...
Exploration

Exxon’s gas wells take spotlight in global upstream activity for August – Rystad Energy

OilNOW -
ExxonMobil's gas exploration efforts in August were a key focus in oil and gas upstream activities, according to a...
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Production

NewsOilNOW -

Optimization efforts ‘perfectly within operating envelope of FPSOs’, says SBM Offshore

Oil production offshore Guyana has soared from an initial 120,000 barrels per day (b/d) with the Liza 1 development to more than 600,000 b/d,...
News

Fast-growing oil production off Guyana coast reshaping energy markets – U.S. State Dept. official 

OilNOW -
San Diego, California: Guyana’s growing crude oil output is quickly reshaping energy markets, and the United States is taking...
Guyana's Oil Ledger

Guyana crude output rebounds, closing August at 663,000 b/d

Kemol King -
After a July of shutdowns at the Liza field, crude oil production has returned to more than 600,000 barrels...
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Discoveries

DiscoveriesOilNOW -

Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The prospect is located about 170...
Discoveries

Russia strikes black gold off British Antarctic coast, 511 billion barrels worth 

OilNOW -
(Yahoo News, May 13, 2024): Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading...
Discoveries

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

OilNOW -
Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
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Guyana's Oil Ledger

Guyana's Oil LedgerKemol King -

Guyana has received more than US$5 billion in revenue since first oil

With nearly five years of oil production so far, Guyana has received more than US$5 billion in revenue from oil sales and royalties. With...

Energy Insights

Energy InsightsOilNOW -

CCJ ruling confirms process by which Stabroek co-venturers apply for and are granted project approvals is lawful

By Chevy Devonish In a previous article we examined how the Caribbean Court of Justice (“CCJ”) in Attorney General of Guyana v Environmental Protection Agency...

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NewsOilNOW -

Secure Innovations and Concepts Inc.: 30 years of stability and employee-centric benefits

At Secure Innovations and Concepts Inc., we pride ourselves on being more than just a company; we are a family committed to the growth...

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OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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