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By Ivelaw Lloyd Griffith This is the second article in the two-part series on Guyana’s petroleum pursuits and the likely impact of climate change dynamics on those pursuits. In the first, I looked at oil production and noted some of...

Guyana is now an impressive oil and gas destination with proven reserves of more than 11 billion oil-equivalent barrels in the Stabroek Block. Through the operations of an ExxonMobil-led consortium, the country will become one of the world’s largest...

Oilfield services provider SLB and software company Quorum Software have joined forces to introduce a digital planning solution aimed at revolutionising field development planning. The collaboration brings together Quorum's Planning Space business planning and petroleum economics offering with SLB's...

Guyana’s Vice President, Dr. Bharrat Jagdeo has clarified that the country’s Petroleum Activities Bill 2023 is solely intended to whet the administration’s regulatory teeth. It will not embody the fiscal regime for the industry. This he said would be...

OMV (Norge) AS has chosen TechnipFMC to undertake a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract for its Berling gas development project. This marks OMV's first iEPCI™ project in Norway as an operator, and TechnipFMC will be...

SBM Offshore Guyana celebrated its tenth annual Life Day on June 27, 2023. The event, held under the theme 'Observe and Intervene,' focused on raising awareness about the environment and potential hazards while stressing the importance of accident prevention...

The Asia Pacific region's efforts toward a sustainable energy future have received a significant boost with the announcement of a strategic collaboration agreement between TotalEnergies and Gentari Renewables Sdn Bhd, the clean energy solutions company of Petronas. This partnership...

Ramps Logistics (Guyana) Guyana dropped its claim for damages in the case it had brought before Guyana to secure its Local Content Certificate, which was initially refused.  Ramps Director, Shaun Rampersad, informed the government in a letter that it dropped...

The National Gas Company of Trinidad and Tobago Limited (NGC) has taken a significant step forward in expanding its footprint in the country's gas industry with a series of strategic acquisitions of upstream gas assets.  NGC, through its wholly owned...

By Dr. Terrence Blackman and Dr. Carolyn Walcott - OilNOW International and Caribbean regional forecasts indicate that Guyana's oil wealth will significantly enhance its global socioeconomic standing and create opportunities for its traditional sectors, such as agriculture and renewables, to...