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Gas production more important now than ever; Guyana forging ahead

OilNOW -
Outside of the introduction of a robust Local Content Legislation, Guyana intends to use the Gas-to-Energy project as a means of maximising benefits to the country from the deal it has with ExxonMobil. This was said by Vice President,...
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Chinese ambassador says Vice News came to Guyana with ‘anti-China agenda’

OilNOW -
Chinese Ambassador to Guyana Guo Haiyan is heavily criticizing US based Vice News for having an anti-China agenda. This follows the release of a documentary by the media outfit, aired a SHOWTIME, alleging Chinese investors and Guyana government officials...
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Preparing Guyana for next stage of development calls for heavy spending – VP Jagdeo

OilNOW -
The government of Guyana understands its responsibility to ensure that it does not manage the economy in a manner that will cause it to overheat. However, the government is also aware that it is important to prepare the nation...
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Guyana offered more payments to keep its forests standing

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With exceptional forest cover, boasting more than 19 gigatonnes (Gt) of stored carbon, Guyana is preparing to collect more payments for keeping its forests standing. But this time, the partnership will extend to more than just Norway. Vice President Dr....
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Eni joins lists of oil majors for world’s largest LNG project in Qatar

OilNOW -
QatarEnergy has added Italian multinational Eni S.p.A to the list of international partners for its mega North Field East (NFE) expansion project. On Sunday, QatarEnergy’s President and Chief Executive Officer (CEO) Saad Sherida Al-Kaabi, who also doubles as the Minister of...
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Exxon partners with Dutch energy companies to develop major CCS in North Sea

OilNOW -
ExxonMobil’s Dutch subsidiary, XTO Netherlands Ltd., on Monday signed a Cooperation Agreement with Neptune Energy, Rosewood Exploration Ltd. and EBN Capital B.V. to advance the L10 large-scale offshore carbon capture and storage (CCS) project in the Dutch North Sea. As...
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Exxon hits back at Biden, says it invests more than any other supermajor

Shikema Dey -
Like the rest of the world, American consumer pockets are under pressure by soaring fuel prices – a direct result of Russia’s invasion of Ukraine. Accusations of price-gouging and deliberately staying away from new well drilling have abounded in the...
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Maersk Viking cops Shell’s floater rig of the year

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Maersk Drilling’s Viking vessel was branded Shell’s 2021 ‘Global Rig of the Year in the Floater Category’ for its outstanding performance in all aspects during its time in Brunei Darussalam, the company said. Shell’s award was presented after the Viking managed an all-around excellent...
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Vice News takes aim at South America’s newest oil producing nation

OilNOW -
A Vice News documentary episode, long anticipated by citizens of South America’s newest oil producing nation, Guyana, was finally released on Sunday, titled ‘Guyana for Sale’. It was so anticipated because, in February, the country’s Vice President, Dr. Bharrat Jagdeo,...
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‘World’s leading safety service provider’, RelyOn Nutec, coming to Guyana

OilNOW -
RelyON Nutec (MD), an offshore safety consultancy headquartered in Copenhagen, has decided to expand its presence in the region through a strategic partnership with the Guyanese-owned Atlantic Marine Supplies Incorporated. NL says it is the world's leading safety service...
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Oil Law 101Joanna Simmons -

The PAA Series: Management Themes (Part 6)

Management Themes (Part 5) introduced our discussions of matters pertaining to the development and production of a petroleum discovery....

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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