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Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

OilNOW -
Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali, President of the Co-operative Republic of Guyana in Nieuw Nickerie, Suriname Jennifer Geerlings-Simons, President of the Republic of Suriname and Dr....
Guyana's Oil Ledger

Guyana oil fund swells past US$3.6 billion

Kemol King -
Guyana received nearly US$213 million (GY$$44 billion) in oil revenues in August, according to the latest Natural Resource Fund (NRF) report published by the Bank of Guyana. The inflow reflects payments for an estimated three cargoes, each about one...
News

Staatsolie to begin shallow offshore seismic survey in October

OilNOW -
Staatsolie Maatschappij Suriname N.V. (Staatsolie) says it will launch a seismic survey in the Shallow Offshore area as part of efforts to assess the country’s resource potential.  The survey, according to Staatsolie in a Sept. 11 announcement, will cover about...
Opinions

Letter-to-the-Editor: Women CPL needs more visibility

OilNOW -
Dear Editor, The Caribbean Premier League (CPL) is underway, and as anticipated as the men’s matches are, the fourth edition of the Women’s CPL is proving to be just as exciting. The Barbados Royals, Guyana Amazon Warriors, and Trinbago Knight...
News

SBM Offshore’s Blue Ammonia FPSO design wins ABS approval

OilNOW -
SBM Offshore has received approval in principle from the American Bureau of Shipping (ABS) for a new floating production, storage and offloading (FPSO) design focused on blue ammonia production. The company stated in a media release on September 11 that...
News

ExxonMobil’s Yellowtail startup strengthens upstream edge – Zacks Investment Research

OilNOW -
Chicago-based firm, Zacks Investment Research, known for its independent investment analysis and the Zacks Rank system, has highlighted Exxon Mobil Corporation’s (XOM) success offshore Guyana as the foundation of what it calls a durable upstream moat (economic power).  In an...
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Chevron eyes Guyana expertise in Hess takeover, says CEO Mike Wirth

OilNOW -
Chevron’s US$53 billion acquisition of Hess Corporation is not just about reserves; it’s about people. According to Chevron Chief Executive Mike Wirth, the deal, announced in October 2023, was driven by the long-term growth Hess brings and the expertise...
News

Bourbon Guyana adds Mistral vessel to support Exxon’s Whiptail project

OilNOW -
Bourbon Guyana has expanded its fleet with the arrival of the Bourbon Mistral, a large platform supply vessel dedicated to the Whiptail Development Project offshore Guyana. “Exciting news from Bourbon Guyana as we introduce the newest addition to our Guyana...
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Spain-bound tanker departs Guyana with second Yellowtail cargo – OilX

OilNOW -
The Nordic Zenith tanker has departed ExxonMobil Guyana’s ONE GUYANA floating production vessel with the second cargo of crude from the Yellowtail project, energy analytics firm OilX and other vessel tracking data showed. The Suezmax tanker was scheduled by the...
News

Construction moves apace on Guyana’s Gas-to-Energy project 

OilNOW -
The Gas-to-Energy project at Wales is moving ahead with visible progress. From foundations now in place to new companies showing interest and plans for an industrial zone taking shape, several key steps are unfolding at the same time. Here are...
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Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali,...

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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