Featured

The Greater Guyana Initiative (GGI) is supporting the "Enhancing Community Wellness" pilot project with an investment of US$45,000. The project's official launch took place at 3t EnerMech’s Lusignan training facility on Aug. 30, heralding a positive step towards tackling...

Rome was not built in a day. The same can be said about Guyana’s oil sector since it was only in 2015 that the first discovery was made, and in 2020 that the first barrel was produced. While Guyana...

Guyana’s Ministry of Natural Resources recently issued a statement concerning a technical issue that has been affecting its Petroleum Management Programme's Data Centre, which is used to publish oil production volumes. "Our thorough checks have revealed that users have encountered...

Guyana is accepting bids in its first ever offshore licensing round covering 14 oil blocks both in shallow and deep-water acreages. How is the Ministry of Natural Resources shaping the landscape for these bidders? The minimum work and expenditure...

Oslo-based BW Energy is set to proceed with its acquisition of the FPSO Cidade de Vitória, located on the Golfinho field in Brazil, following an agreement reached with the vessel's Italian owner, Saipem. This development comes more than a...

United States Ambassador to Guyana, Sarah Ann-Lynch, highlighted the need for careful consideration and research when US companies enter the local market during a radio interview on August 29.  Her remarks were prompted by questions regarding a July 14 Reuters...

With less than two weeks left for companies to participate, anticipation remains high on the outcome of Guyana's first bid round. At stake is a potential 25 billion barrels of oil equivalent up for grabs. It is clear that...

By Dr. Ulric Trotz - OilNOW Guyana, together with other developing countries have been pressing for the prioritisation of climate change adaptation at international climate change meetings, and also, for the provision of financial resources to support adaptation action. While...

Sarawak Shell Berhad (SSB), a subsidiary of global energy giant Shell plc, announced the commencement of gas production at the Timi platform in Malaysia. Under the SK318 production sharing contract (PSC), Timi represents a groundbreaking endeavour, combining cutting-edge technology...

In a recent address at the CEO Oil and Gas Governors Meeting in Geneva, head of Petrobras, Jean-Paul Prates emphasized the critical role of the oil and gas industry in global energy transition efforts.  Prates argued that while the importance...