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The Energy Industries Council (EIC) in collaboration with Aberdeen International Associates (AIA) has fielded a trade mission that arrived in Guyana on April 18. It runs up to April 21. This trade mission aims to facilitate engagement with key...

Iran and Venezuela became allies after being saddled with heavy US sanctions. Now, the two nations have strengthened their bond with a new agreement to see closer cooperation in the energy sector.  The deal was signed by the energy ministers...

Komal Singh, Managing Director of GAICO Construction and General Services Inc., was elected Chairman of Guyana’s Private Sector Commission (PSC).  The election of the 2023-2024 Executive occurred during the PSC’s Annual General Meeting on Tuesday, April 18 at the Marriott...

Guyana’s Petroleum Management Programme has been restored one week after hackers vandalised the website. The malicious attack left the pages littered with graphics claiming ‘EL ESEQUIBO ES VENEZUELA’, a statement promoting Venezuela’s position on the border controversy, and maps...

ExxonMobil is moving forward with more drilling operations at the Fangtooth SE-1 well site in the Stabroek Block offshore Guyana.   OilNOW understands the Stena Carron rig will be engaged in the drilling activities situated approximately 100.8 nautical miles (186.6...

Tenaris, a supplier of steel tubes and related services for the energy industry, has awarded four Guyanese students with the Roberto Rocca Education Program scholarships. The scholarship recognises the students' outstanding academic achievements and aims to foster technical education...

Shell U.K. Ltd., a subsidiary of Shell plc, has completed the restart of operations at the Pierce field in the UK Central North Sea, following a significant upgrade to allow gas to be produced after years of the field...

Schlumberger, now SLB, has been granted a fresh exemption from the requirement to conduct an Environmental Impact Assessment (EIA) for its source storage and calibration facility in Guyana, located at Houston, East Bank Demerara.  The first was quashed by the...

By Dr. Meredith Arnold McIntyre - OilNOW This is the second in a series of articles on economic and development policy to protect Guyana from experiencing “Dutch Disease.” The rapidly expanding oil sector and associated rising oil revenues have placed...

French offshore vessel player Bourbon said on Monday that Guyanese company Tethys Marine & Logistics, is now a 51% shareholder of the Bourbon Guyana Joint Venture. It said Guyanese now represent 75% of its directorship. A Guyanese company is defined...