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Iran-style sanctions will befall Venezuela if Maduro makes catastrophic mistake with Guyana – fmr U.S. energy envoy

OilNOW -
David Goldwyn, President of Goldwyn Global Strategies LLC, and former US State Department’s special envoy and coordinator for international energy affairs, recently delved into the implications of Venezuela's heightened claim on Guyana's Essequibo region and its impact on U.S....
News

‘Strategic shift in vision’ delivered Guyana’s largest shore base, now 10 years old   

OilNOW -
Ten years ago this month, Guyanese company Muneshwers Limited acquired a 30-acre property on the outskirts of Georgetown, the country’s capital city, with a plan to pursue development of a container terminal for its shipping business. But following ExxonMobil’s worldclass...
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Oil money to boost Guyana’s debt profile, budget financing over next decade – IMF

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In its most recent economic review of Guyana, the International Monetary Fund (IMF) has predicted a transformative shift in Guyana's budget financing and debt dynamics over the next decade, from 2023 to 2033, propelled by a significant surge in...
News

MODEC, Toray Industries pioneer innovative technique for FPSO and FSO corrosion repair

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MODEC, in collaboration with Toray Industries, has unveiled a carbon fiber-reinforced plastic (CFRP) patch technique designed specifically for repairs on floating production, storage and offloading (FPSO) and floating storage and offloading (FSO) systems. As part of its FPSO and FSO...
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Photos: Guyana’s US$100 million oil & gas and hospitality college for 2024 opening

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The Guyana Technical Training College Incorporated (GTTCI) is set to launch operations by next year, with the first phase nearing completion this quarter. The government of Guyana and ExxonMobil are the major partners in this venture. SBM Offshore is...
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“Our business is risk management” – says ExxonMobil Guyana President

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President of ExxonMobil Guyana, Alistair Routledge says managing risk is a key component of the oil and gas business and is part of the normal operations of companies in the industry. Exxon has prided itself in being able to...
Discoveries

Guyana delivered 800 million boe in 2023 compared to 3.4 billion last year

OilNOW -
Twenty-twenty two was hailed as the most successful year for exploration in Guyana's history, marked by a total of nine discoveries in the Stabroek Block and a significant find in the Corentyne Block. This year, the pace has slowed,...
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Halliburton seeks maintenance service providers for liquid mud plant in Guyana

OilNOW -
Oil service company, Halliburton, has issued a public request for information (RFI) seeking maintenance service providers for its liquid mud plant in Guyana. The scope of the requested services revolves around executing the monthly preventive maintenance schedule for all...
Opinions

Gas to Energy Project – the most transformational project in Guyana’s history

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By Cristina Caus - OilNOW The Gas-to-Energy project is an embodiment of Guyana’s mission to transform its historically underperforming economy, now one of the fastest growing, into a world-class and competitive environment. The GtE project represents one of the largest...
Discoveries

Guyana is now a major competitive, policy-friendly player in global deepwater arena

OilNOW -
A massive infrastructure transformation and construction boom in South America’s lone English-speaking country are the most visible signs of the nation’s newfound wealth which is being delivered by huge oil fields under development offshore. And the latest World Economic...
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Guyana’s AFC party promises transparency, amended contracts in oil sector if it wins elections

Guyana’s Alliance for Change (AFC) political party is promising oil and gas transparency reforms and a review of existing...

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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