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Letter-to-the-Editor: Guyana earning over $2 trillion from oil in the next five years should benefit all Guyanese

OilNOW -
Dear Editor, When Guyana discovered oil a decade ago, I don’t think it was fully understood by Guyanese what it meant for the country. Ten years later, I am still of the belief that Guyanese do not understand nor appreciate...
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Guyana recognized as one of only nine new superbasins – S&P Global

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Guyana has been identified as one of only nine new superbasins worldwide to deliver over five billion barrels of oil equivalent since 2000. The classification was presented by S&P Global Commodity Insights at the recent Suriname Energy Oil and...
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US remains Guyana’s main energy partner, says Foreign Secretary

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Guyana’s Foreign Secretary, Robert Persaud, said the involvement of major US energy companies in Guyana contributes significantly to the South American nation’s energy security and that of the wider Caribbean. Persaud made the observation in a recent social media...
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Efforts to reduce emissions highlighted at SEOGS 2025 technical conference

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PARAMARIBO, SURINAME - A recurring theme at the Suriname Energy, Oil & Gas Summit (SEOGS) 2025 technical conference was the drive for lower emissions in offshore oil and gas operations. Panelists from SBM Offshore, TotalEnergies, and S&P Global provided...
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Venezuela Border Controversy: Guyana’s defence is not about size, it’s about strategy – Brigadier Khan

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Guyana’s Chief of Defence Staff, Brigadier Omar Khan, said the Guyana Defence Force (GDF) is implementing a focused military strategy to strengthen its capabilities as tensions with Venezuela persist. “Yes, Venezuela has increased their aggression against Guyana,” Brigadier Khan stated...
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Baker Hughes achieved 55% Guyanese workforce in 2024

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Baker Hughes reached a major local content win in 2024, with 55% of its workforce in Guyana made up of Guyanese. The company credits sustained investment in local talent and a people-centered development strategy. “People first energy board is really...
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TotalEnergies pushes local content drive with key findings from Suriname Industrial Baseline Study 

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TotalEnergies has completed an Industrial Baseline Study (IBS) in Suriname to assess the country’s local supply chain capabilities. The company’s Local Content Program, currently in development, is built on the insights of this study. “This study gives us the opportunity...
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Namibia needs a strong oil governance framework, IMF says in country review 

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The International Monetary Fund (IMF) has called on Namibia to adopt a clear and comprehensive framework to manage its emerging oil and gas sector, warning that without robust governance structures, the southern African nation could miss the opportunity to...
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Electricity generation from natural gas can save Guyana one million US dollars per day

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Guyana currently uses Bunker C fuel to generate electricity nationwide. While this fuel has been primarily used for that purpose, the associated natural gas, which is intended for electricity generation, will reduce costs and enable the country to save...
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OMNI Helicopters adds four to offshore search and rescue team in Guyana

OilNOW -
OMNI Helicopters Guyana Inc. (OHGI) has expanded its offshore search and rescue (SAR) crew with the graduation of four new locally trained professionals, the company said on LinkedIn last week. The new additions completed a three-month training program and will...
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Exxon gives back portion of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the...

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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