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Guyana’s offshore growth among drivers of US$197 billion regional oilfield spending – Rystad Energy

OilNOW -
South America will sustain strong final investment decision (FID) momentum through 2030, leading to a cumulative US$197 billion in conventional greenfield spending across oilfields between 2020 and 2030.  The projection comes from a new report by Norway-based Rystad Energy, which...
News

Guyana urged to ‘start training now’ for petrochemical and construction sectors

OilNOW -
The Guyana Technical Training College Inc. (GTTCI) is preparing to expand its focus beyond offshore oil and gas to meet the skills needed for the country’s emerging petrochemical, refinery, and construction industries, according to its Director, Professor Clement Sankat. “I...
News

Training surge marks new chapter for Suriname’s oil & gas workforce

OilNOW -
Suriname's National oil company, Staatsolie Maatschappij Suriname N.V., (Staatsolie) ramped up investment in workforce development in 2024 as the country prepares for its first major offshore oil development.  The company’s latest sustainability report, published in early October, details a flagship...
Stories Beyond the Barrel

From chemistry to cargo: How Natina Singh became ExxonMobil Guyana’s first Operations and Logistics Superintendent

Shikema Dey -
When Natina Singh began her academic journey in chemistry, she never imagined she would one day be managing logistics and operations at ExxonMobil Guyana’s shore bases.  She told her story on the most recent episode of ExxonMobil’s Onshore Diaries. “There...
News

ExxonMobil could unlock $20 billion in Trinidad’s deepwater play – Rystad Energy

OilNOW -
ExxonMobil’s latest offshore campaign in Trinidad and Tobago could yield over US$20 billion in new investment opportunities, according to an analysis published by Rystad Energy on November 6.  The firm said the U.S. oil major is targeting one of the...
Rules of the Game

From Ministry of Natural Resources to Ministry of Oil & Gas and Environment: What does this change really mean

Işıl Güneş -
Suriname published a new State Decree S.B. 2025 No. 124 on October 22, with the name of ‘Decree on Task Description of Ministries 2025’ taking effect retroactively from July 16th, 2025. At first, it appears to be an administrative...
News

GCCI aiming to push MSMEs toward global competitiveness at 2025 Business Development Forum

Shikema Dey -
The Georgetown Chamber of Commerce and Industry (GCCI) will host its annual Business Development Forum (BDF) on November 13 and 14 at the Pegasus Suites and Corporate Centre, bringing together local, regional, and international stakeholders to strengthen Guyanese enterprises...
Energy Insights

New High Court Decision: Oil and Gas Litigation – EIAs are required for oil and gas exploration and production waste-management facilities 

Chevy Devonish -
The High Court of Guyana has ruled that an operation permit granted to Global Oil Environmental Services (Guyana) Inc. (GOES) to operate a waste-management facility for oil and gas exploration and production waste is invalid.   The Court also quashed the...
News

SBM Offshore Guyana deepens local supplier collaboration through annual Vendor Day

OilNOW -
Local suppliers in Guyana’s oil and gas industry were given an opportunity to strengthen their participation in the sector through SBM Offshore Guyana’s annual Vendor Day, held this week at the Pegasus Suites.  The event brought together more than 50...
News

Eco Atlantic announces passing of Co-Founder and Chief Operating Officer Colin Kinley

OilNOW -
Eco (Atlantic) Oil & Gas Ltd. has announced the sudden passing of its co-Founder and Chief Operating Officer, Colin Kinley, according to a press release issued by the company on November 8.  The Board and Company expressed deep sadness at...
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Guyana gas resources set to power new state-of-the-art AI data centre

In a bold step toward shaping the future of technology in South America and the Caribbean, the Government of...

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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