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Stena Drilling invests over US$85M in Guyana, employs 157 locals

OilNOW -
Since 2016, Stena Drilling has contributed significantly to Guyana’s economy through local investments and job creation. Stena DrillMAX en route to Guyana to rejoin multi-billion barrel exploration campaign | OilNOW   “Stena Drilling has spent over US$85 million with local vendors and...
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More Petroleum Engineering and Geoscience scholarships offered by CNOOC 

OilNOW -
Guyana's Ministry of Natural Resources and CNOOC Petroleum Guyana Limited are inviting applications for the next batch of students to pursue Geoscience and Petroleum Engineering scholarships in China. Applicants must send a detailed CV and cover letter to [email protected] by...
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An inside look at the complex nature of moving a drillship 

OilNOW -
Relocating a drillship requires careful planning and execution, according to Richard Wells, International Logistics Manager at Stena Drilling, who provided insight into this complex process. “When I first joined Stena Drilling, it was made very clear to me that we...
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Trump’s tariff strategy pressures Latin America, risks long-term fallout – Rystad Energy

OilNOW -
The Trump administration’s aggressive use of tariffs is reshaping economic ties between the U.S. and Latin America, reviving tactics reminiscent of past U.S. foreign policy in the region. W. Schreiner Parker, Managing Director for Latin America at Rystad Energy,...
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SBM Offshore targets 25% female participation in training programs

OilNOW -
SBM Offshore Guyana is working to boost female participation in its training programs, aiming for a 25% representation, its General Manager Martin Cheong said.  “Sometimes we have to go back to the market to find candidates, but we aim for...
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Celebrating Women in Energy: A look at some trailblazers shaping the industry

Shikema Dey -
  The energy sector is a vast and complex machine, powered by countless moving parts—each playing a crucial role in keeping the industry running. Among them are women who have become indispensable cogs driving progress and innovation. These trailblazers may...
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Women’s workforce participation key to Guyana’s energy future – ExxonMobil Guyana Manager

OilNOW -
Hayley Gilbert, ExxonMobil Guyana’s supply chain manager, says women’s participation in Guyana’s energy sector is increasing, but more must be done to meet the growing demand for skilled workers. “There are so many opportunities ahead of us in Guyana,” Gilbert...
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Guyana ranked 8th among U.S. crude oil suppliers in 2024

OilNOW -
The United States imported 176,000 barrels per day (b/d) of crude oil from Guyana in 2024, making the South American nation the eighth-largest supplier of crude to the U.S. market, according to data from the U.S. Energy Information Administration...
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Noble secures Jackup contract for offshore Suriname drilling

OilNOW -
Noble Corp. has signed a new contract for its Noble Regina Allen jackup rig with an undisclosed operator offshore Suriname. The drilling contractor announced the deal on March 5 via LinkedIn. The contract covers one well with an estimated duration...
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Guyana wants expert to resolve dispute with Exxon over US$214 million in expenses

OilNOW -
The Government of Guyana said on Thursday that it is preparing to take the next step in the dispute resolution process with ExxonMobil and its partners, Hess and CNOOC, over the disallowance of approximately US$214.4 million in expenses claimed...
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Look beyond the barrels for the success of Guyana’s oil industry – Ali 

President Irfaan Ali has urged Guyanese to measure the success of the oil industry by more than just 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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