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Over 3,500 Guyanese, 800 local businesses supporting O&G operations – Exxon CEO

As oil and gas operations continue to ramp up in Guyana, the number of Guyanese servicing the sector has been rapidly increasing.  Chairman and Chief Executive Officer of Exxon Mobil Corporation, Darren Woods said over 3,500 Guyanese have been...

ExxonMobil’s success in Guyana “unmatched” in modern history – Darren Woods

ExxonMobil has come a far way in Guyana and the company’s success in the Stabroek Block is only the beginning, said Chairman and Chief Executive Officer of Exxon Mobil Corporation, Darren Woods during his opening statement at the International...

Ghana President to Guyana: No energy project is worth it if citizens not properly represented

To ensure energy sustainability, it is critical for Guyana to balance socio-economic and environmental benefits in a continuously changing world. This was the advice offered by the President of West African oil-producing nation, Ghana, Mr. Nana Addo Dankwa Akufo-Addo as Guyana’s...

Energy Conference opens today in new South American oil province

Global oil sector majors have arrived in Guyana for the nation's first major energy conference since the COVID-19 pandemic started just over two years ago. The International Energy Conference and Exhibition which begins today and concludes on Friday, seeks...

Baker Hughes brings efficiency to Guyana’s oil sector with opening of Supercenter

Known worldwide for its advanced technologies, serving energy and industrial companies, Baker Hughes has brought top-tier oilfield services to Guyana with the opening of a Supercenter on the East Bank Corridor at Land of Canaan. A multi-million-dollar investment, the Supercenter...

Woods set to deliver major address at opening of energy conference in Guyana today

Chairman and Chief Executive Officer of Exxon Mobil Corporation, Darren Woods, will deliver the feature address today at the opening of the International Energy Conference and Exhibition at the Guyana Marriott Hotel in Georgetown. OilNOW sat down with Woods for...

CGX says early wireline logging results confirm landmark discovery

CGX Energy Inc. and Frontera Energy Corporation (TSX: FEC) said on Monday that Kawa-1 early-stage Wireline Logging results confirm the Logging While Drilling (LWD) indications previously disclosed on January 31, 2022, with a total of 200 feet of net...

SBM Offshore proud of start-up at its largest Guyana FPSO to date

SBM Offshore said on Monday it is pleased to announce that FPSO Liza Unity has produced first oil as of February 11, 2022, and is formally on hire. The FPSO Liza Unity is the first unit with a design based on SBM Offshore’s industry...

Brent hovering around $94 on possible supply disruption from one of the world’s top producers

(Reuters) - Oil prices were steady on Monday in seesaw trading, after hitting their highest in more than seven years on fears that a possible invasion of Ukraine by Russia could trigger U.S. and European sanctions that would disrupt...

Overheating economy with oil money a fair concern; but we can manage it – Vice President

When the Guyana government made provisions in the new Natural Resource Fund (NRF) Act 2021 which allowed for 100 percent of the $126B balance of the account to be transferred to the Consolidated Fund to support budget 2022, there...

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Dominican Republic can help Guyana bridge gaps, place progress on par with developed world- Pres. Ali

Guyana's President, Dr. Irfaan Ali deemed the Dominican Republic a pivotal ally that can help his country bridge many...