Norwegian state-owned multinational energy company, Equinor, announced on Friday that it is extending its contracts with Baker Hughes, Halliburton, and Schlumberger for integrated drilling and well services on Equinor-operated fields on the Norwegian continental shelf (NCS).
These companies, trusted oilfield...
SBM Offshore’s Environmental, Social, and Governance (ESG) approach to its activities continue to guide the company’s operations in Guyana as it remains resolute in the pursuit of sustainable development. The company is leading a series of initiatives geared towards...
The Government of Guyana has initiated steps to ascertain how much gas is available for export from the ExxonMobil-operated Stabroek Block where over 30 discoveries have been made amounting to nearly 11 billion barrels of oil equivalent, inclusive of...
On the surface, the multi-billion dollar ‘Port of Vreed-en-Hoop’ may seem like it will be a regular shore base facility, but it’s intended for much more than that.
Three businessmen – Andron Alphonso of ZRN Investment Inc., Nazar Mohammed of Hadi’s World Incorporated and...
By Dr. Terrence Blackman and Utamu Belle - OilNOW
Guyana's leadership wants Guyanese and its members in the diaspora to play more significant roles in the country's developing oil and gas economy as its key players work on advancing the...
The Presidents of Brazil and Guyana, Jair Bolsonaro and Dr. Mohamed Irfaan Ali, met in Georgetown on Friday and agreed to cooperate on energy matters.
They intend to intensify information exchange on their national energy plans, experiences in regulatory matters...
Guyana has achieved a "fairly low overall score" of 52 points for implementing the 2019 Extractive Industries Transparency Initiative (EITI) Standard. In its decision paper, the EITI Board explained that Guyana’s score reflects an average of three areas assessed:...
ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) disclosed that it has undertaken additional studies to obtain an even more comprehensive understanding of potential project discharges on Guyana’s environment.
In its application to the Environmental Protection Agency (EPA) for environmental...
Canadian oil explorer and producer, Frontera Energy Corporation has disclosed that it recorded net income of CA$102.2 million or CA$1.08/share in the first quarter of 2022, compared with net income of CA$629.4 million or CA$6.60/share in the prior quarter...
The Presidents of two star oil producers in South America - Brazil and Guyana - met in Georgetown on Friday to discuss how they may strengthen relations. Energy, being a going concern for both countries, was high on the...