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Establishing energy security through policies and regulation for power generation

OilNOW -
By Dr. Lorraine Sobers - OilNOW Reliable power generation and distribution is critical to Guyana’s ability to provide essential services such as healthcare, communication, and commerce. In less than a decade, its power generation sector must create systems and networks...
News

Exxon RFI out for pipeline dewatering, related services for Gas-to-Energy project

OilNOW -
ExxonMobil Guyana plans to put in place an agreement for the dewatering of an offshore pipeline and the drying and nitrogen packing of an onshore/offshore pipeline system near Georgetown and offshore Guyana. As such, the company is on the hunt...
News

Only hope for resolution of Guyana/Venezuela border controversy lies with World Court – Greenidge

OilNOW -
Hearings concluded at the International Court of Justice (ICJ) on Tuesday, on Venezuela’s preliminary objections to the case concerning the Arbitral Award of 3 October 1899 (Guyana v. Venezuela) filed by Guyana. Making closing remarks at the seat of the Court in the Netherlands,...
News

Local companies urged to join forces or risk losing out on opportunities in oil sector

OilNOW -
Guyana’s Natural Resources Minister, Vickram Bharrat recently appealed to members of the business community to cease being a vessel for the “crab-in-a-barrel” mentality. This phrase describes a group of like-situated people who hurt each other in attempting to get...
News

QatarEnergy signs 27-year LNG supply deal with China’s Sinopec

OilNOW -
QatarEnergy said it entered into a 27-year Sale and Purchase Agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 million tons per annum (MTPA) of liquefied natural gas (LNG) LNG to the People's Republic of China. Under the terms...
Exploration

Exploration results show emergence of deeper plays in Guyana-Suriname basin – Westmount Energy

OilNOW -
Exploration drilling results for the Guyana-Suriname basin support the presence of extensive and deeper plays. This much is evident to Westmount Energy, a UK-based investment firm with exposure in several blocks in the basin. Westmount said one only ought to...
Opinions

Positioning Guyana Educationally for Economic Growth

OilNOW -
With two more oil discoveries in October 2022 and an expected record growth rate of approximately 58% according to International Monetary Fund (IMF), Guyana a nation of less than a million, is facing tremendous challenges surrounding human capital. This...
News

Guyana delivering over 10 million barrels of oil per month to world market racked by shortages

Kemol King -
The radical re-organisation of energy markets continues to pose a challenging task, nine months after Russia first invaded Ukraine. At a time when these markets are wallowing in thirst for crude barrels from friendly producers, Guyana’s quickly growing global...
News

G-Boats has 18 vessels operating in Guyana with local workforce exceeding 300

OilNOW -
Since its opening in 2018, Edison Chouest Offshore’s local affiliate – G-Boats – has accumulated a total of 18 vessels operating offshore Guyana in support of ExxonMobil’s Stabroek Block exploration and production activities. Those 18 vessels have a total of 381...
News

From zero reserves to number 17 in the world: gov’t says Stabroek PSA delivering the goods

OilNOW -
Guyana, the fastest growing economy in the world, is currently experiencing unprecedented growth and interest from investors across the world as a result of an oil boom that is giving it a competitive edge over many of its neighbours. Government’s...
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Latest News

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Longtail project to mark beginning of Guyana’s new gas chapter – ExxonMobil’s Routledge

ExxonMobil Guyana President Alistair Routledge says the upcoming Longtail development will open a new chapter in Guyana’s energy journey,...

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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