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Saipem signs MoU with Gulf Petrochemical Industries Company
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Saipem signs MoU with Gulf Petrochemical Industries Company

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Guyana collecting royalties in cash; all oil revenues being deposited into Federal Reserve Bank – Dr. Bynoe
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Guyana collecting royalties in cash; all oil revenues being deposited into Federal Reserve Bank – Dr. Bynoe

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US$10 billion a year by 2030 takes Guyana from 0 to 100 in transformational potential
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US$10 billion a year by 2030 takes Guyana from 0 to 100 in transformational potential

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Guyana’s revenue take pegged at 60% as production set to hit 1.2 million bpd – Rystad Energy
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Guyana’s revenue take pegged at 60% as production set to hit 1.2 million bpd – Rystad Energy

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Over 50 prospects identified on Suriname’s Block 58
Exploration

Over 50 prospects identified on Suriname’s Block 58

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BP enjoyed its best year in oil and gas trading since 2009
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BP enjoyed its best year in oil and gas trading since 2009

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Trinidad cancels gas deal over US sanctions on Venezuela
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Trinidad cancels gas deal over US sanctions on Venezuela

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New estimate pushes Orinduik prospective resources to over 5 billion BOE
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New estimate pushes Orinduik prospective resources to over 5 billion BOE

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Coronavirus pushing oil price decline as Guyana government prepares to lift its first share of crude
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Coronavirus pushing oil price decline as Guyana government prepares to lift its first share of crude

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Potential grows for more than 5 FPSOs at prolific Stabroek Block
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Potential grows for more than 5 FPSOs at prolific Stabroek Block

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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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