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Guyana continues to defy expectations, says U.S. market intelligence firm

OilNOW -
Americas Market Intelligence (AMI) has once again placed Guyana in a category of its own, labeling it as “great” in its 2025 economic forecast for Latin America and the Caribbean.  The ranking underscores Guyana’s exceptional economic expansion, driven by its...
News

More than 85% of Latin America’s new deepwater oil output will come from Guyana, Brazil – Norway firm

OilNOW -
Guyana and Brazil will continue to play a dominant role in Latin America’s oil production growth by 2030, according to Norway-based energy research and business intelligence firm, Rystad Energy.  The region is set to add over four million barrels per...
Stories Beyond the Barrel

Meet Elroy Vankennie: GYSBI’s first Guyanese QHSSE Manager 

Shikema Dey -
Elroy Vankennie is the first Guyanese to hold the role of Quality Health Safety Security and Environment (QHSSE) Manager at Guyana Shore Base Inc. (GYSBI). “Being the first Guyanese in this position is an incredible honor and a proud...
News

Guyana receives seven bids for phase 2 of Gas-to-Energy project

Kemol King -
Guyana on Monday received seven bids for the second phase of its landmark Gas-to-Energy project, which includes the design, construction, and operation of a 300-megawatt (MW) combined cycle power plant and a natural gas liquids (NGL) facility with a...
Opinions

Letter-to-the-Editor: Guyana’s booming oil & gas sector should leverage business tourism opportunities

OilNOW -
Dear Editor, As a public communication analyst with over a decade of experience in the tourism industry, I believe Guyana's emergence as a top global oil producer presents a significant opportunity to position the country as a premier business destination....
News

2025 Local Content Summit to focus on collaboration, investment, and growth

OilNOW -
The 2025 Local Content Summit aims to equip local businesses with the tools, knowledge, and partnerships needed to thrive in the oil and gas sector. Hosted under the theme ‘Collaborate. Invest. Build. Shaping Guyana’s Future Together’, the event will...
News

MODEC partners with STEMGuyana to support learning pods

OilNOW -
MODEC has partnered with STEMGuyana to support its Learning Pods initiative, ensuring continued access to after-school education in Math, Science, English, and Technology for children in underserved communities. MODEC has pledged GYD$2,788,041 to fund the program in 2025. This support...
News

CNOOC says Payara project in Guyana helped lift 2024 overseas output by 10.8%

OilNOW -
China’s state-owned offshore oil and gas producer CNOOC Ltd. said on Thursday (March 27) that its overseas production surged by 10.8% in 2024, driven in part by the commissioning of new projects, including the Payara development in Guyana. In its...
News

US Secretary of State acknowledges impact of tariffs on Chinese-built vessels is a major concern for the region

OilNOW -
The proposed tariffs on ships built in China may negatively impact Guyana and the Caribbean, a concern frequently raised with Marco Rubio, Secretary of State of the United States, during his visits to the region last week. During a joint...
News

bpTT approves Ginger Gas Development, announces Frangipani discovery

OilNOW -
bp Trinidad and Tobago (bpTT) made the final investment decision (FID) on the ginger gas development and confirmed a gas discovery at its Frangipani exploration well. The company announced on March 27 that Ginger will be its fourth subsea project...
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Latest News

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MODEC: Eight Guyanese trainees head to Singapore for second phase of development program

Eight Guyanese nationals have completed the first phase of MODEC Guyana’s 20-month Onshore Trainee Program and are set to...

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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