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SBM Offshore and Microsoft partner on AI-powered floating power solutions

OilNOW -
SBM Offshore has announced a global collaboration with Microsoft to develop AI-powered floating power solutions. The partnership aims to deliver standardized, carbon-free electricity to meet the increasing demand for reliable and affordable energy. The collaboration will integrate Microsoft’s AI, cloud...
News

“Put Guyana on your radar” – Ali tells CERAWeek investors 

OilNOW -
Guyana’s President, Dr. Mohamed Irfaan Ali, on Tuesday urged global investors to look beyond oil and gas when considering opportunities in his country. At the CERAWeek energy conference hosted this week by S&P Global in Houston, Ali highlighted investment...
News

Digital health records, an app to make doctors’ appointments ‒ Anthony details upcoming reforms supported by GGI

OilNOW -
Digital health records accessible at clinics across the country and a smartphone application people can use to make doctor’s appointments are among reforms expected in the health sector, Guyana’s Health Minister Dr. Frank Anthony said Thursday. Guyana’s healthcare system is...
News

Liza Unity is world’s first FPSO to receive ABS SUSTAIN-2 Notation

OilNOW -
The Liza Unity has become the first floating production, storage and offloading (FPSO) vessel to receive the SUSTAIN-2 notation from the American Bureau of Shipping (ABS), SBM Offshore announced on March 12.  SUSTAIN-2 is the next level in ABS’s vessel...
News

Exxon says its focus is on long-term collaboration as Guyana elections draw near

OilNOW -
As Guyana prepares for presidential elections this year, ExxonMobil says its focus in on long-term collaboration with the South American country and working with whichever administration is voted into office. Speaking at the Guyana Energy Conference and Supply Chain...
News

Guyana ranks 5th largest crude oil exporter in Latin America – Forbes 

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Forbes has ranked Guyana as the 5th largest crude oil producer in the Latin American (LATAM) region. Guyana comes “after Brazil, Mexico, Venezuela, and Colombia,” Forbes said in a March 12 article.  “That's as ExxonMobil, and its partners Hess Corp...
News

Third Local Content Summit billed for April 8 in Guyana

OilNOW -
The South American oil-producing nation of Guyana will host its third Local Content Summit on April 8, bringing together key stakeholders to enhance participation in the oil, gas, and non-oil sectors. The event is being organised by MBW in...
Energy Insights

Decision by Guyana’s High Court recognising a foreign arbitration award against Venezuela augurs well for Guyana’s reputation as an arbitration hub

Chevy Devonish -
In 2024, Guyana’s High Court registered/recognised two foreign awards in court actions brought by ConocoPhillips Gulf of Paria against Venezuela. The company seeks access to money that Guyana owes Venezuela to satisfy a foreign arbitral award.  The application was heard...
News

Bell, Omni Helicopters launch offshore evaluation programme for Bell 525 chopper

OilNOW -
Bell Textron Inc. and Omni Helicopters Guyana Inc. (OHGI), a subsidiary of Omni Helicopters International (OHI), have announced a joint offshore operational evaluation program for the Bell 525 helicopter in Guyana's oil and gas sector. The evaluation, set to last...
News

TT’s “coo coo cooked” if Dragon deal goes sour – PM

OilNOW -
Trinidad and Tobago’s (TT) Prime Minister Keith Rowley has cautioned that the country’s energy future is at risk if the Dragon gas deal collapses.  “If you see us losing that OFAC ( U.S. Office of Foreign Assets Control) licence, as...
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Letter-to-the-Editor: The oil and gas sector is investing in the success of our younger generation

Dear Editor, I read recently that 20 Guyanese cadets were awarded the Noble Marine scholarship, a program aimed at strengthening...

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