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Guyana rejects Venezuela’s attempt to sideline World Court in favour of direct talks

OilNOW -
In a stern response to Venezuela’s latest attempt to bypass the International Court of Justice (ICJ), Guyana’s Permanent Representative to the United Nations, Ambassador Carolyn Rodrigues-Birkett, defended her country's position on the longstanding border controversy between the two nations....
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Hart Group-BDO Guyana hired to prepare Guyana’s 2021 EITI report

OilNOW -
Guyana's Minister of Natural Resources, Vickram Bharrat, and Permanent Secretary, Joslyn McKenzie, have met with Hart Group and BDO Guyana. Spearheaded by David Quinn of Hart Group and Rakesh Latchana of BDO Guyana, the joint venture has been appointed...
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Woodside hires KBR to modify Pluto LNG Train

OilNOW -
KBR announced today that it has been awarded an engineering, procurement and construction management (EPCm) contract by Woodside Energy, as operator for and on behalf of the Pluto Joint Venture.   Woodside has a 90% stake, while Kansai Electric and Tokyo...
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Recovered Stabroek Block expenses exceed US$14 billion at H1, 2023

Kemol King -
ExxonMobil, Hess and CNOOC, have reached a significant cost recovery milestone as they develop the immensely lucrative Stabroek Block. As of the first half of 2023, the Stabroek Block partners have successfully recovered over US$14 billion in investments. This...
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Guyana to weigh local auditors’ contribution before next Exxon audit phase

OilNOW -
Guyana's government is taking a contemplative approach to future audits of Exxon's costs. Vice President Dr. Bharrat Jagdeo recently revealed that the administration is awaiting conclusions from the 2018-2020 cost audit before deciding on the path forward for subsequent...
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Two Guyanese nationals off to Massachusetts on Noble scholarships

OilNOW -
Two deserving students, Dianna Persaud and Kavita Singh, have embarked on their higher education dreams at the Massachusetts Maritime Academy, a public university located in Buzzards Bay, Massachusetts. Noble Corporation, a critical drilling company for Exxon’s Guyana operations, has...
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Bp, Subsea Integration Alliance pave way for enhanced project performance

OilNOW -
Subsea Integration Alliance (SIA), a strategic global partnership between Subsea7 and OneSubsea™, has entered into a memorandum of understanding (MoU) with oil giant, bp. This MoU, announced by Subsea7, aims to create a foundational agreement to streamline integrated subsea...
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GYSBI awards 11 technical scholarships out of 300 Guyanese applicants

OilNOW -
Guyana Shore Base Inc. (GYSBI) said eleven students drawn from eight regions across Guyana are the inaugural recipients of its new technical scholarship programme, which was launched in July. The students are Venola Allen from Warapoka Village, Region One, and...
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Oil nation clinches first CPL title; ‘nothing short of exceptional’ says President Ali

OilNOW -
History was made on Sunday at Providence as the ExxonMobil-sponsored Guyana Amazon Warriors won the 2023 Republic Bank Caribbean Premier League (CPL) final, defeating the Trinbago Knight Riders by nine wickets. This marks Guyana’s maiden CPL title for the franchise.  In...
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Exxon might have eight drillships operating simultaneously offshore Guyana in H2 2025

OilNOW -
ExxonMobil Guyana is ramping up its exploration and drilling activities offshore Guyana. A recent report suggests that the company might deploy up to eight drillships simultaneously in the latter half of 2025, underscoring the scale of its operations in...
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TotalEnergies ready to spend ‘tens of millions’ for seismic, geophysical surveys in Guyana’s S4 Block – Exploration VP 

With the Petroleum License signed, TotalEnergies is gearing up to expend “tens of millions” in seismic and geophysical surveys...

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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