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New Demerara River Bridge structurally sound, nearing completion – Edghill

OilNOW -
Guyana’s new Demerara River Bridge is on track to be completed by the end of August, with the final concrete slab to connect its eastern and western spans set to be poured on August 25, Public Works Minister Juan...
News

75% of SMEs in Suriname’s Blue Wave Supplier Program report business growth 

OilNOW -
Alma Del Toro, Co-Founder and Co-President of Blue Wave International Supplier Development Program Corporation, says three-quarters of small and medium enterprises (SMEs) in the company’s supplier development programs have expanded their business within a year of graduating. “In aggregate, we...
News

Exxon now controls deepwater asset larger than surface area of TT 

Shikema Dey -
Trinidad and Tobago’s Minister of Energy and Energy Industries, Roodal Moonilal, today announced the signing of a “historic” Production Sharing Contract (PSC) with global giant ExxonMobil for an offshore deepwater block larger than the nation’s landmass.  This marks the company’s...
News

Oil companies delivered 1,600+ training programs for Guyanese in 2024

OilNOW -
The Local Content Secretariat says oil companies in Guyana delivered more than 1,600 technical and non-technical programs for Guyanese in 2024, reflecting what Head of the Employment Unit Nicole Haynes described as “the continued commitment to upskilling the Guyanese...
News

Guyana says one more round of oral hearings expected before ruling in border case with Venezuela

OilNOW -
Guyana’s Ministry of Foreign Affairs and International Cooperation said on Monday that the International Court of Justice (ICJ) is expected to hold one final round of oral hearings before delivering its judgment in the border case with Venezuela, after...
Stories Beyond the Barrel

From classroom to rig: Noble Cadets share how scholarship changed their lives

OilNOW -
Two recipients of Noble Corporation’s Cadet Scholarship Programme have shared testimonies on how the initiative has opened doors beyond financial assistance, changing the trajectory of their lives. Jashwan Somerset, a 2024 scholarship recipient, recalled the relief and surprise of being...
Stories Beyond the Barrel

‘It’s the people, the mission, and the impact’ – Asset Manager says as ONE GUYANA begins production

Shikema Dey -
The ONE GUYANA floating production, storage and offloading (FPSO) vessel has begun producing oil as part of ExxonMobil’s Yellowtail development offshore Guyana. Anthony Jackson, Asset Manager for the vessel, described the moment as deeply meaningful for the team behind it....
News

Guyana open to CARICOM oil deal if proposal comes, Jagdeo says

Kemol King -
Guyana would be open to exploring a proposal from fellow Caribbean Community (CARICOM) states for crude oil sales, even one that could link discounted barrels to cheaper refined fuel supplies, Vice President Bharrat Jagdeo said on Thursday. Late last month,...
Opinions

Letter-to-the-Editor: I am saving GY$14,000 a month with low fuel prices

OilNOW -
Dear Editor, “Guyana gasoline prices now lowest in the region” is a headline I read and couldn’t help but smile. I smiled because I was having a conversation with a close friend where I relayed that at one time it...
News

Guyana’s oil output surges as FPSO upgrades boost capacity by 125,000 b/d

OilNOW -
Upgrades to the first three floating production, storage and offloading (FPSO) vessels offshore Guyana have unlocked a major boost in oil capacity -125,000 barrels per day (b/d).   According to SBM Offshore’s half year report, this increase comes from debottlenecking work...
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Latest News

NewsShikema Dey -

Guyana’s political outlook steady enough to keep investors calm – Norway group

Stability, that’s the word investors want to hear, and in Guyana, they’re likely to get it. Schreiner Parker, Partner and...

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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