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Letter-to-the-Editor: OSH Centre of Excellence is a step in the right direction

OilNOW -
Dear Editor,  As a recent graduate from the University of Guyana, with a great interest in technical education and awareness, I am pleased by the decision to establish an Occupational Safety and Health Centre of Excellence in New Amsterdam. This...
Fuel for Thought

The PAA Series: Management Themes (Part 6)

Joanna Simmons -
Management Themes (Part 5) introduced our discussions of matters pertaining to the development and production of a petroleum discovery. We began our review with the critical requirements for a Petroleum Production Licence (PPL) – the Application and the accompanying...
News

ExxonMobil to meet Guyana vendors about its contracting processes

OilNOW -
ExxonMobil Guyana Limited (EMGL) will host a virtual meeting with local vendors on August 19 to discuss its contracting activity and procurement procedures, according to a notice issued by the company. The feedback session, scheduled to run from 9:00 a.m....
Stories Beyond the Barrel

Voices from the DrillMAX: Guyanese talent is driving offshore operations

Shikema Dey -
Aboard the Stena DrillMAX, Guyanese professionals are playing key roles in keeping offshore operations in tip-top shape. In the latest edition of Energy Magazine - OilNOW’s sister agency - a spotlight was shone on a few of these hardworking...
News

Letter-to-the-Editor: I commend the Labour Ministry’s independent assessment of FPSOs

OilNOW -
Dear Editor, I am pleased to acknowledge the strides made by local authorities in taking the lead in managing Guyana’s oil and gas sector. For some time now, the Ministry of Labour, through its Occupational Safety and Health Department, has...
News

With Chevron deal sealed, John Hess cleared for Board spot 

OilNOW -
John Hess will now be able to sit on Chevron’s Board of Directors after the U.S. Federal Trade Commission (FTC) lifted its ban, just one day before the merger deal with Hess finally closed.  The FTC had concerns about Hess’s...
News

As Errea Wittu FPSO takes shape, MODEC deepens roots in Guyana with permanent office 

Shikema Dey -
Mere days after the Errea Wittu FPSO arrived in Singapore for the next stage of construction, builder MODEC marked the opening of its permanent office in Guyana.   Errea Wittu is meant for Guyana's 5th oil development Uaru.  Guyana issues Uaru production...
News

Chevron secures prized stake in Guyana oil block with arbitration win against Exxon

OilNOW -
Chevron has won a high-stakes arbitration battle against ExxonMobil, clearing the way to finalize its US$53 billion acquisition of Hess Corporation and secure a 30% stake in Guyana’s Stabroek Block, a prized asset that has won global attention in...
News

Suriname stands at turning point with new President, oil promise

Işıl Güneş -
PARAMARIBO, SURINAME - Nestled on South America’s northern coast, Suriname is now at the threshold of profound change.  On Wednesday, amid a fragile six-party coalition, Jennifer Geerlings-Simons was inaugurated as the country’s first female president. From her first address, President...
News

Staatsolie Chief warns of ‘Dutch disease’ as Suriname’s oil ambitions grow

OilNOW -
Staatsolie’s Managing Director, Annand Jagesar, says Suriname must act carefully to avoid the economic risks that come with oil wealth. “You can only mitigate the resource curse. You cannot completely eradicate it,” Jagesar warned during a side interview at the...
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Latest News

NewsOilNOW -

Exxon hits 900,000 barrels of oil per day in Guyana as Yellowtail reaches full capacity

ExxonMobil Guyana today announced that the country’s daily oil production has reached a new milestone of 900,000 barrels per...

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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