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One well to go in Stena Carron’s Stabroek Block drill campaign

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The Stena Carron drillship is nearing the end of its current campaign offshore Guyana, with one managed pressure drilling (MPD) well remaining. The vessel recently began operations at the Hamlet-1 exploration well in the southeastern section of the Stabroek Block....
News

TEDxTurkeyen conference to spark bold civic dialogue this August

OilNOW -
A “space for fresh ideas, civic reflection, and visionary thinking”, TEDxTurkeyen is set to debut on August 29 at the George Walcott Lecture Theatre, University of Guyana. The event will follow the theme ‘Bold Voices, New Visions: Shaping Guyana’s Tomorrow’....
News

PPP/C outlines Energy Priorities: Gas-to-Energy, Local Content, post-oil planning

OilNOW -
Maintaining Guyana’s “favorable” fiscal regime with no increase in royalties and bringing the Gas-to-Energy project online are among the energy sector focus areas on the cards for a People’s Progressive Party/Civic second-term government.  The party held a consultation on its...
Opinions

Letter-to-the-Editor: Empowering Women in Maritime

OilNOW -
Dear Editor, I recently saw an article where ‘10 women receive scholarships to pursue maritime careers’. I write to commend the initiative by the Office of the First Lady and Tidewater Inc., which provides scholarships for women, particularly from Guyana’s...
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SLB acquires ChampionX as it strengthens production and recovery capabilities

OilNOW -
SLB has completed its acquisition of ChampionX Corporation, expanding its portfolio in the production and reservoir recovery space.  In its announcement on July 16, SLB said ChampionX shareholders received 0.735 shares of SLB common stock for each share they owned....
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FPSO Jaguar enters dry dock in Singapore as construction advances

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SBM Offshore has announced that the FPSO Jaguar, its fifth unit destined for Guyana, has entered dry dock at the Seatrium yard in Singapore.  See video of drydocking below:  “This is a major step forward in this world-class project,” the company...
News

Analyst expects stricter local content rules, differences on how to manage oil revenues with new Suriname government

OilNOW -
Suriname’s new coalition government could face internal divisions over how to manage future oil revenues, an international analysis report predicted. This comes after the selection of Jennifer Geerlings-Simons as President, last July 6.  In a country risk report seen by...
News

Labour ministry assesses safety and labour standards on Liza Destiny FPSO as part of routine inspections

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Guyana's Ministry of Labour, through its Occupational Safety and Health (OSH) Department, conducted a routine physical inspection of the Liza Destiny oil production vessel on Monday, July 14. The exercise forms part of the ministry’s ongoing efforts to ensure compliance...
News

Exxon proud to deliver consistent projects, job opportunities in Guyana – Routledge

OilNOW -
ExxonMobil Guyana President Alistair Routledge says the company is proud to deliver a consistent stream of projects and a pipeline of job opportunities to Guyana. In a July 15 LinkedIn post, Routledge said, “Each new project that's funded creates new...
News

U.S. Senator presents bill to strengthen security cooperation with Guyana amid Venezuela threats

OilNOW -
United States Senator Michael Bennet (Democrat, Colorado) has proposed new legislation aimed at enhancing security cooperation with Guyana, deterring Venezuelan aggression. “As Venezuelan dictator Nicolás Maduro continues to threaten Guyana, the United States must work with Guyana to deter such...
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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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