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Guyana’s renewable agenda progresses with newly commissioned solar farm at Lethem

OilNOW -
Guyana has made it clear that it intends to stimulate growth with clean, cheap and reliable energy and it is already on that path. On Friday, the South American nation commissioned Lethem’s one-megawatt solar energy farm at a cost...
News

‘Natural gas can reduce Caribbean region’s generation costs by 40%’ – President Ali

OilNOW -
With the high cost of electricity in Guyana, authorities have been putting arrangements in place for the landmark gas-to-energy project which, in addition to cutting the cost of power in the country, is expected to also deliver benefits to...
Opinions

Incredibly disappointing that former EPA head is sharing blatant mistruths

OilNOW -
Dear Editor, In response to an unfortunate letter from former Executive Director of the Environmental Protection Agency (EPA), Dr. Vincent Adams, published this week in the local press, ExxonMobil Guyana provides this response to several inaccurate and misleading statements that...
News

Mozambique, Guyana, Suriname hold ‘key wells to watch’ in remainder of 2022 – Westwood

OilNOW -
Declaring that high impact exploration is showing signs of recovery, Westwood Global Energy named Guyana, Mozambique, and Suriname as countries where ‘key wells to watch’ are located. High impact wells, Westwood said, are those targeting more than 100 million barrels...
News

MODEC announces JV to compete for “challenging largescale FPSO projects”

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President and Chief Executive Officer of Modec, Takeshi Kanamori said Friday the company came to an agreement with Toyo Engineering Corporation to establish a joint venture firm for the engineering, procurement and construction and installation (EPC) business of floating...
News

Regulator greenlights Guyana’s first wind farm

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Guyana’s Environmental Protection Agency (EPA) recently gave the greenlight to the developers looking to erect the country’s first wind farm, ushering in a project that will inject 25.2 megawatts (MW) of renewable power into Guyana’s energy mix. In a notice,...
News

Exxon has proven it has a second-to-none approach in growing oil, gas stocks – CEO Woods

OilNOW -
While ExxonMobil Corporation is one of the few oil majors to earn record-breaking quarterly earnings totaling some US$17.9 billion, it did not do so by some mere stroke of good luck. It was due to its commitment to cost...
News

Exxon hires second tug from KOTUG to support Liza field production facilities

OilNOW -
ExxonMobil Guyana affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has contracted a second tug from towage and maritime company, KOTUG, to support operations in the Liza field, KOTUG said. The “SD Power”, which has been in use offshore Guyana...
News

Stabroek Block one of the most unprecedented exploration blocks of all time – Rystad official

OilNOW -
Guyana’s exploration successes have been so frequent that the Stabroek Block is being hailed as one of the most unprecedented exploration blocks of all time. Making this comment most recently was Senior Vice President and Head of Latin America and...
Exploration

Repsol hits water-bearing targets at Guyana well

OilNOW -
Drilling operations at the Beebei-Potaro exploration well, drilled in the Kanuku licence, offshore Guyana, have been completed. The well encountered good quality reservoir in the primary and secondary targets but both targets were water-bearing. The Noble Regina Allen rig drilled...
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Patrick Brunings nominated to lead new Oil and Gas Ministry

PARAMARIBO, SURINAME - Suriname’s incoming coalition government has nearly finalized its Cabinet ahead of the July 16 inauguration, with...

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