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Dubai, India groups being considered for Guyana deep-water port

OilNOW -
Guyana's government is keenly evaluating the feasibility of establishing a genuine deep-water port. However, Vice President, Dr. Bharrat Jagdeo emphasized that the success of this significant venture hinges on a strategic trade link with Brazil. At a recent press conference,...
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Nigeria’s production increase target faces skepticism from Westwood analysts

OilNOW -
In a bold move, Nigeria's newly elected president Bola Ahmed Tinubu has publicly unveiled his administration's ambitious plan to nearly double the country's crude oil production. The goal is to escalate production from the 1.3 million barrels per day...
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Whiptail Development Fact Sheet 

OilNOW -
ExxonMobil Guyana is actively seeking environmental authorisation for its sixth Stabroek Block development - Whiptail. It recently submitted to the Environmental Protection Agency (EPA), the mandated 3,000+ page Environmental Impact Assessment (EIA) for review and approval. Here are some...
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Why are the ExxonMobil-Guyana cost audits taking so long? Jagdeo weighs in

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Recent relations between ExxonMobil and the Guyanese government have gained momentum in resolving cost disputes, according to Vice President Dr. Bharrat Jagdeo. This news follows prolonged negotiations and document submissions, in an auditing process which, according to Jagdeo, has...
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Guyana Forestry Commission unveils ‘Canopy’ Magazine dedicated to Forestry Sector insights

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The Guyana Forestry Commission (GFC) has launched its "Canopy" magazine. This new publication, unveiled at the 2023 International Building Expo held at the National Stadium, Providence, is the first of its kind, entirely dedicated to the forestry sector. "Canopy," a...
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Guyana “hell-bent” on avoiding mistakes of other oil producers to prevent Dutch Disease

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Though its ascent on the global oil scene has been swift, Guyana is taking care to avoid the pitfalls of other major producers that have led to the emergence of the Dutch disease, said Vice President, Dr. Bharrat Jagdeo.  Guyana’s...
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Touchstone Exploration advances Royston-1X well testing, prepares for Cascadura facility commissioning

OilNOW -
Touchstone Exploration Inc, the Calgary-based oil and gas company with a primary focus on Trinidad and Tobago, has successfully completed its program of five production test intervals at the Royston-1X well.  The Royston-1X well, in which Touchstone holds an 80%...
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Jagdeo, Trotman at odds over signing of 2016 contract with ExxonMobil

OilNOW -
The 2016 Stabroek Block Production Sharing Agreement (PSA) Guyana signed with US oil major ExxonMobil continues to be a main topic of discussion and contention. An exchange of words between Raphael Trotman, former Minister of Natural Resources, and current...
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ExxonMobil Guyana seeks suppliers for offshore personnel travel vessel services

OilNOW -
ExxonMobil Guyana has announced plans to establish an agreement for personnel travel vessel services. In a recent public Request for Information (RFI), the company has invited qualified firms to step forward and potentially secure this vital role in their...
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Equinor and partners amplify oil production at Statfjord Øst project

OilNOW -
Equinor and its partners have announced the boosting of production at the Statfjord Øst project offshore Norway. The initiative enhances the oil extraction rate, leading to an increase in production by a whopping 26 million barrels of oil equivalents...
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NewsKemol King -

Guyana’s October crude oil exports went to 14 countries

Guyana exported a record 28 crude oil cargoes in October, its highest monthly total to date, as offshore production...

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