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With gas project in tow, Guyana offers UK energy security

Shikema Dey -
With Russia choking its natural gas supply to dependent European countries, there is now a worldwide scramble to source power as a cold storm approaches fast. Some countries have returned to coal-fired power. Others have turned to unlikely sources to fill the...
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Guyana, UK bolster trade relations with partnership agreement

OilNOW -
Birthed from a recent meeting between Guyana President, Dr. Mohamed Irfaan Ali and former United Kingdom (UK) Prime Minister, Boris Johnson, the two English-speaking nations inked a partnership agreement, meant to bolster trade and investment relations, on Wednesday. Guyana's Minister...
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Guyana gov’t names power team for world court hearings on Venezuela border case

OilNOW -
Guyana’s Ministry of Foreign Affairs and International Cooperation named a 16-person team for upcoming hearings in the border case with Venezuela, to be held at the seat of the International Court of Justice (ICJ) headquarters, at the Peace Palace...
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Guyana oil production hits highest recorded output in September

OilNOW -
Guyana’s oil production hit a massive 391.98 thousand barrels of oil per day on September 23 this year, making it the highest output ever recorded since production began in 2019 at the ExxonMobil-operated Stabroek Block. This has been made possible...
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Using gas offshore Guyana “makes much more sense” than importing LNG for domestic use – TT Chamber Head

OilNOW -
It would be highly impractical for Guyana to expend billions importing liquefied natural gas (LNG) for its domestic use, as opposed to tapping into its massive offshore gas reserves in the Stabroek Block. Holding this position was the head of...
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Bp cops first LNG cargo from Coral Sul FLNG offshore Mozambique

OilNOW -
The first shipment of liquefied natural gas (LNG) from Mozambique’s massive offshore Coral Sul FLNG facility has been lifted by bp. Under a long-term contract, bp will purchase 100% of LNG output from Coral Sul FLNG, boasting a production capacity of...
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Construction of Guyana’s 3rd and 4th FPSOs progressing well

OilNOW -
Construction of the 3rd and 4th floating production storage and offloading (FPSO) vessels for ExxonMobil’s operations in Guyana – Prosperity and ONE GUYANA - is progressing well, according to SBM Offshore, the company building the vessels. For ONE GUYANA, SBM Offshore said...
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Ramps team ‘re-energised’ after stressful battle for Local Content Certificate – CEO

OilNOW -
After months of public appeals to Guyana’s Local Content Secretariat, impassioned testimonials from its Guyanese staff, and a court battle, Ramps Logistics Guyana is now elated by its recent win – a Local Content Certificate. So related its Chief...
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High oil, gas prices distracted T&T for years from transformative growth – UWI Lecturer

OilNOW -
What will it take for Trinidad and Tobago to fix its economy? It is the question Economist and Senior Lecturer at the University of the West Indies, Dr. Roger Hosein continuously ponders when reflecting on the state of affairs...
News

Guyana government may appeal court ruling on Ramps local content certificate

OilNOW -
The Guyana government said, shortly after issuing a Local Content Certificate to Ramps Logistics Guyana, that it is considering appealing the High Court ruling which compelled it to do so. A statement from the Ministry of Natural Resources said strong...
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Payara still leads ExxonMobil’s record-breaking ramp-up offshore Guyana

ExxonMobil’s Payara project continues to hold the record for the fastest production ramp-up among all oil developments in Guyana’s...

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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