Featured

Featured posts

News

Guyana tops list of five fastest growing economies up to 2026

OilNOW -
A recent analysis by FocusEconomics, a provider of global forecasts, states that Guyana will lead the list of top five nations with the fastest-growing economies up to 2026. Following its examination of the economic prospects for nearly 200 nations, the...
News

TechnipFMC gets EPCI contract for Norwegian field from Wintershall Dea

OilNOW -
TechnipFMC said it has been awarded a significant engineering, procurement, construction, and installation contract by Wintershall Dea Norge AS for its Dvalin North project. TechnipFMC considers a contract significant when it is between US$75 million and US$250 million. The contract covers...
News

Update: Noble Discoverer expected at Corentyne Block in 6 days

OilNOW -
The Noble Discoverer is expected to arrive at the Corentyne Block offshore Guyana on Wednesday, January 18, according to vessel tracker, MarineTraffic. The vessel departed Trinidad and Tobago on Wednesday, January 11. The vessel will be used to drill CGX Energy’s...
News

With booming economy, Guyana working to strategically integrate more women into workforce

OilNOW -
Guyanese authorities say they are working to empower more women with the skills needed to tap into the growing opportunities in the nation’s booming economy. Since 2015, a series of major oil discoveries and start of production have propelled...
News

Guyana could export gas from the upcoming Uaru project, but there’s a catch

OilNOW -
Guyana’s largest planned oil development operation to date, the Uaru project, could export gas in addition to oil, if the partners decide to go that route. The new floating production, storage, and offloading (FPSO) vessel to be used for...
News

Exxon seeking firm to analyse Guyana crude oil sales data

OilNOW -
ExxonMobil Guyana is looking to hire a firm to provide data analysis services for crude oil sales. A public Request For Information (RFI) said that Esso Exploration and Production Guyana Limited (EEPGL) is looking to identify suppliers who can collate...
News

Touchstone Exploration in deal for exchange of onshore assets in T&T

OilNOW -
Touchstone Exploration’s Trinidadian subsidiary, Primera Oil and Gas Limited has entered a new Asset Exchange deal with Lease Operators Limited to see the exchange of onshore Trinidad assets. Touchstone will be transferring the Fyzabad, San Francique and Barrackpore blocks –...
Opinions

Geopolitics of Oil: the case of Venezuela and lessons for Guyana

OilNOW -
By Joel Bhagwandin – OilNOW Over the past two decades, Venezuela has changed to become a problematic country from an investment perspective. Venezuela’s political and economic history supports the assertion that Venezuela has and continues to be a risky place...
Opinions

The Paradox of Plenty: Reflections on Implementing Guyana’s Local Content Laws

OilNOW -
By Vivian M. Williams, Esq. and Dr. Terrence Blackman - OilNOW In October 2022, the Guyana Business Journal (GBJ) challenged a panel in Episode V of its Webinar series Transforming Guyana to deliberate on How Guyana could maximise local capture...
News

Noble Discoverer heads to Guyana to drill CGX Wei-1 well in Corentyne Block

OilNOW -
CGX Energy is on track to spud the Wei-1 well by January 31 as the Noble Discoverer has completed its work with Shell offshore Trinidad and Tobago. According to reports, the rig has departed for Guyana waters. The Wei-1 well will...
1...299300301...974Page 300 of 974

Latest News

NewsOilNOW -

IEA warns of major drop in oil investment as clean energy gains momentum

Upstream oil investment is expected to decline by 6% in 2025, marking the first drop since 2020 and 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.

Quick Access

Company Info

Social Networks