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Dutch maritime giant now part of massive Suriname Port project

OilNOW -
Van Oord Dredging and Marine Contractors B.V., has joined Phoenix Development Company and Suriname’s Port Management Company, N.V. Havenbeheer to build a mega deepwater facility – Port of Nickerie – in Suriname. The partnership will integrate green energy, sustainable transport...
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Oil companies in breakthrough plastic recycling achievement for MENA region

OilNOW -
In a landmark achievement for the Middle East and North Africa (MENA) region, energy giants TotalEnergies, Aramco and SABIC have successfully processed oil from plastic waste at scale to make circular polymers certified by the International Sustainability and Carbon...
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GO-Invest to lead Guyana delegation to 9th India-LAC Conclave

OilNOW -
Dr. Peter Ramsaroop, Chief Investment Officer and Head of the Guyana Office for Investment (Go-Invest) is set to lead a robust delegation to the ninth India-Latin America and Caribbean (LAC) Conclave on the 3rd and 4th of August 2023...
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Tullow hikes production 50% at Ghana’s Jubilee field

OilNOW -
Tullow Oil announced a significant increase in production at Ghana's Jubilee field following the successful start-up of the Jubilee South East (JSE) project.  The company's gross production from the field has surpassed 100,000 barrels of oil per day (bopd) after...
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Guyana barrels reviving Latin America’s oil production

Shikema Dey -
‘Likkle but you tallawah’ is a common patois saying for things that should not be underestimated. And Guyana falls right into that category. The South American nation is shedding its newcomer status to the global oil industry, having entered...
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Is OPEC courting Brazil? Secretary-General to visit South America’s biggest oil producer

OilNOW -
Haitham Al Ghais, Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC) is set to visit South America’s largest oil producer - Brazil, according to Petrobras.  The invite was extended by Petrobras’ Chief Executive Officer (CEO) Jean Paul Prates, after...
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Despite push for renewables, oil remains leading investment sector in Latin America, Caribbean – ECLAC report

OilNOW -
Oil’s importance continues to be seen as it remains a leading sector in terms of future investment prospects in Latin America and the Caribbean, notwithstanding the worldwide push for renewables. This point was underscored in a recent report by...
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UPDATED: Guyana’s meteoric rise mirrors 20th century economic boom of Saudi Arabia, Venezuela – historian

OilNOW -
Historian of oil, modern Iran, and United States foreign policy, Dr. Gregory Brew says Guyana’s quick movement up the geopolitical pecking order bears stark parallels to two other oil-rich nations when their economic booms began in the 20th century –...
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Sloanea-1 find in Suriname’s Block 52 “promising” as gas development – Staatsolie Annual Report

OilNOW -
PETRONAS and ExxonMobil’s Sloanea-1 find in Suriname’s offshore Block 52 has “promising” potential to become a natural gas development, according to the state-owned oil company Staatsolie.  “Current models of the Guyana-Suriname Basin, as well as discoveries made to date, indicate...
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Hess awarded E&P Explorer of the Year for second consecutive year

OilNOW -
Energy company Hess has been named E&P Explorer of the Year for the second year in a row, as revealed in the 15th annual Wood Mackenzie exploration industry survey. Its Exploration Director, Tim Chapman made the announcement on July...
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Wales Gas-to-Energy project accelerates with 120 day foundation plan

Guyana’s Gas-to-Energy project at Wales is entering a crucial phase as contractor Lindsayca Guyana pushes to complete all foundation...

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