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Rules of the Game

Rules of the Game: How exploration and production are governed in Suriname – Part 1

Işıl Güneş -
PARAMARIBO – SURINAME: Suriname’s petroleum industry is governed by the Petroleum Law of 1990, enacted in 1991 (S.B. 1991 no. 7) and amended in 2001. This framework has shaped how oil and gas resources are managed, licensed and developed...
News

Ali names 25-member cabinet; Vickram Bharrat back at oil ministry

OilNOW -
President Irfaan Ali of Guyana unveiled 25 ministerial Cabinet appointees on Saturday evening, as the government embarks on its new five-year term. “The work we’re about to embark on is for all of Guyana, every citizen. It’s to reach every...
News

Suriname and Guyana leaders commit to energy cooperation and Corentyne bridge advancement

Işıl Güneş -
NIEUW NICKERIE - SURINAME: Suriname’s President Jennifer Geerlings-Simons and Guyana’s recently re-elected President Irfaan Ali met on September 13 in Nieuw Nickerie, Suriname, to strengthen bilateral ties and advance cooperation in key areas, with oil and gas and the...
News

Fourth batch of Guyanese complete phase one of SBM Offshore Guyana’s Trainee Technician Programme

OilNOW -
Another batch of Guyanese has completed the first phase of SBM Offshore Guyana’s Trainee Technician Programme at LearnCorp International (LCI) at Cape Breton University in Canada. According to a statement from the company this week, the graduates were honoured...
News

Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

OilNOW -
Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali, President of the Co-operative Republic of Guyana in Nieuw Nickerie, Suriname Jennifer Geerlings-Simons, President of the Republic of Suriname and Dr....
Guyana's Oil Ledger

Guyana oil fund swells past US$3.6 billion

Kemol King -
Guyana received nearly US$213 million (GY$$44 billion) in oil revenues in August, according to the latest Natural Resource Fund (NRF) report published by the Bank of Guyana. The inflow reflects payments for an estimated three cargoes, each about one...
News

Staatsolie to begin shallow offshore seismic survey in October

OilNOW -
Staatsolie Maatschappij Suriname N.V. (Staatsolie) says it will launch a seismic survey in the Shallow Offshore area as part of efforts to assess the country’s resource potential.  The survey, according to Staatsolie in a Sept. 11 announcement, will cover about...
Opinions

Letter-to-the-Editor: Women CPL needs more visibility

OilNOW -
Dear Editor, The Caribbean Premier League (CPL) is underway, and as anticipated as the men’s matches are, the fourth edition of the Women’s CPL is proving to be just as exciting. The Barbados Royals, Guyana Amazon Warriors, and Trinbago Knight...
News

SBM Offshore’s Blue Ammonia FPSO design wins ABS approval

OilNOW -
SBM Offshore has received approval in principle from the American Bureau of Shipping (ABS) for a new floating production, storage and offloading (FPSO) design focused on blue ammonia production. The company stated in a media release on September 11 that...
News

ExxonMobil’s Yellowtail startup strengthens upstream edge – Zacks Investment Research

OilNOW -
Chicago-based firm, Zacks Investment Research, known for its independent investment analysis and the Zacks Rank system, has highlighted Exxon Mobil Corporation’s (XOM) success offshore Guyana as the foundation of what it calls a durable upstream moat (economic power).  In an...
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Latest News

NewsOilNOW -

Ali names 25-member cabinet; Vickram Bharrat back at oil ministry

President Irfaan Ali of Guyana unveiled 25 ministerial Cabinet appointees on Saturday evening, as the government embarks on its...

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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