Sunday, August 14, 2022

Latest News

SBM Offshore aiming for ‘near-zero emissions FPSO’ by 2025 – CEO

SBM Offshore is positioning itself to benefit from the global energy transition. The company has its eyes set on achieving net-zero emissions by 2050 and...

Guyana’s oil wealth, resource distribution, and coexisting vulnerabilities

By Dr. Carolyn Walcott and Dr. Terrence Blackman – OilNOW Guyana is poised to become the world's 4th largest oil producer by 2035. This projection,...

Saipem awarded US$900M in contracts for Angola’s first non-associated gas project

Italian oil services company, Saipem was awarded three contracts totaling US$900 million for works on the Quiluma and Maboqueiro gas fields development project off...

At 3 billion barrels, TotalEnergies’ Venus is sub-Saharan Africa’s biggest oil discovery

The Venus discovery made by TotalEnergies is Sub-Saharan Africa’s biggest ever oil find. This was related by Eco Atlantic Oil & Gas Ltd. in a...

US firm to build pioneering US$200M oil refinery & petrochemical manufacturing complex

Chemtech International is hoping to lead the way for Guyana’s downstream industry with the establishment of a US$200 million oil refinery and integrated post-petrochemical...

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Local Content

30 contractors already registered on new local content opportunity portal

Guyana’s Local Content Secretariat (LCS) has created a new portal to help streamline opportunities for locals available in the country’s oil and gas industry. The...
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Latest News

SBM Offshore aiming for ‘near-zero emissions FPSO’ by 2025 – CEO

SBM Offshore is positioning itself to benefit from the global energy transition. The company has its eyes set on achieving net-zero emissions by 2050 and...

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Guyana’s oil wealth, resource distribution, and coexisting vulnerabilities

By Dr. Carolyn Walcott and Dr. Terrence Blackman – OilNOW Guyana is poised to become the world's 4th largest oil producer by 2035. This projection, presented by Rystad Energy in its 2022 report, Guyana Upstream, concretely quantifies the wealth beneath the nation's surface. The viability of oil wells has set the country on an economic trajectory of 7.8B per annum by 2030 and a cumulative take of 157 billion USD by 2035. This shift in...

Guyana

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Permits

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GOG + EEPGL + CNOOC/NEXEN + HESS

GOG + CGX Energy

GOG + Ratio Energy

GOG + Tullow/Eco Atlantic

Exploration

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Production