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BP Oil wins one-year contract to market Guyana’s Liza crude

OilNOW -
The United Kingdom’s BP Oil International Limited beat 13 competitors to win a one-year contract for the marketing of Guyana’s share of profit oil from the Liza Destiny and Liza Unity floating production, storage and offloading (FPSO) vessels. The marketing tender was...
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O&G training institute now offering Tropical BOSIET/HUET/FOET courses in Guyana

Shikema Dey -
With new OPITO certification, 3t EnerMech’s Training Centre of Excellence at Lusignan, East Coast Demerara can now offer new courses catering to oil and gas training in tropical conditions. OPITO is a global, not-for-profit, skills body for the energy industry....
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Oil market hungry for Guyana acreage as global energy security concerns escalate – Westmount Energy Chair

OilNOW -
Faced with the economic effects of the COVID-19 pandemic as well as the Russia-Ukraine war, energy security and affordability have now become key considerations for governments and policymakers. It is on this premise that Gerard Walsh, Chairman of Westmount...
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Oil will be used to uproot historic impediments to broad-based economic growth – Guyana Finance Minister

OilNOW -
In an effort to set the stage for a diversified economy with competitive industries, Guyana’s Senior Finance Minister, Dr. Ashni Singh, said the government will use a portion of the oil wealth to uproot historic impediments to broad-based economic growth. Specifically,...
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‘Safety culture changing in Guyana’ – 30 more businesses graduate Centre’s HSSE program

OilNOW -
The Centre for Local Business Development (CLBD) held its HSSE Management System Awards at the Marriott Hotel on Thursday. It celebrated 30 companies who completed the Health, Safety, Security and Environment (HSSE) programme this year. HSSE is invaluably important to...
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Keppel delivers first of three jackup rigs to ADNOC Drilling

OilNOW -
Keppel Offshore & Marine Ltd (Keppel O&M), said Thursday it has delivered the first of three jackup rigs to ADNOC Drilling Company PJSC (ADNOC Drilling). The three rigs were part of a series of five rigs that Keppel FELS had...
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Guyana in driver’s seat on energy issues regionally, globally – ExxonMobil Guyana President

OilNOW -
ExxonMobil Guyana President, Alistair Routledge, explained recently that Guyana’s place in the global energy arena carries immense significance. He made the comment as he announced that Exxon is once again a lead sponsor of the International Energy Conference and...
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Guyana said it had fired energy consultant for corrupt practice under World Bank-funded project

OilNOW -
The World Bank recently announced that it debarred, with conditional release, an individual consultant for being engaged in a corrupt practice under the Petroleum Governance Management Project, a US$20 million initiative it funds to help prepare Guyana for oil. Subsequently,...
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Equinor seeks Norway’s approval for US$1.48 billion Irpa gas project to supply Europe

OilNOW -
Norwegian oil major, Equinor, said it submitted a plan for development and operation (PDO) of the Irpa gas discovery, formerly known as Asterix, to Norway’s Minister for Petroleum and Energy, Terje Aasland. Proven in 2009, the deepwater gas discovery called...
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COP 27: New climate fund to be established for vulnerable states

OilNOW -
The 27th Conference of Parties, better known as COP27, ended in Sharm el-Sheikh, Egypt over the weekend with a matter of critical importance to Guyana being decided upon – a climate fund for countries grappling with climate-related disasters. A breakthrough agreement on “loss and...
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Baker Hughes backlog hits record US$32.1 billion as LNG, offshore orders surge

Baker Hughes has reported a record $32.1 billion backlog in the third quarter of 2025, driven by strong orders...

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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