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Woodside targets 231 million barrels offshore Senegal; first oil on track for 2023

OilNOW -
Woodside Petroleum said it is on track to deliver first oil in 2023 from the Sangomar field, which Senegal authorities approved in January 2020. The government approved Phase One of this field development, which will target 231 million barrels. “This...
News

Guyana accessing US$27M IDB loan to boost human capital for managing oil resources

OilNOW -
The Government of Guyana will soon be able to utilize a US$27M loan from the Inter-American Development Bank (IDB) to help build up the human capital that is required to manage the nation’s massive oil resources. The financial agency outlined...
News

TechnipFMC moves all subsea assembly from Trinidad to Guyana with new Houston Base

OilNOW -
From wellheads to pipelines, TechnipFMC is one of the leading technology providers in the traditional and new energies industry, delivering fully integrated products and services. TechnipFMC established a presence in Guyana back in 2016 and six years later, on Tuesday,...
Discoveries

Oil Minister says “thriving future for generations ahead” as Exxon announces three new discoveries

OilNOW -
With three new discoveries announced by oil major ExxonMobil in Guyana’s prolific Stabroek Block, Minister of Natural Resources Vickram Bharrat sees a thriving future for generations ahead. Subsequently, after Exxon’s announcement, Bharrat shared that the new discoveries add to “Guyana’s growing legacy”...
Discoveries

Exxon triple discoveries catapult Guyana resource base to almost 11 billion barrels

OilNOW -
ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. The three discoveries are southeast of the Liza and Payara developments and bring to...
News

No way Guyana can lose from ‘single most transformational project’ in its history – Bharrat

OilNOW -
Guyana’s Gas-to-Energy project is a win-win for the country. In fact, its Minister of Natural Resources Vickram Bharrat holds the strong position that the country simply cannot lose when the project comes on stream in 2025. He dubbed it “the...
News

Norway arrests activists blocking tanker delivering oil to an Exxon terminal

OilNOW -
(Reuters) - Norwegian police said they had arrested 20 Greenpeace and Extinction Rebellion campaigners who on Monday blocked a tanker from delivering Russian oil to an Exxon Mobil terminal. In a protest against Russia's invasion of Ukraine, activists had fastened...
News

Pace of Guyana’s oil and gas development ‘unprecedented’ – Routledge

OilNOW -
Guyana’s growth trajectory changed dramatically when ExxonMobil and its Stabroek Block partners struck oil back in 2015. Since then, the pace of the South American nation’s transformation and development – its oil and gas resources and its infrastructure –...
News

Guyana evaluating sites for second hydropower project

OilNOW -
After streamlining the 165 megawatts (MW) Amaila Falls hydropower project for 2027, the Guyana Energy Agency (GEA) has started site evaluations for a second hydropower project, its chief executive officer Dr. Mahender Sharma said recently. Amaila had chosen to be the...
News

Over 50 development wells for Guyana’s biggest oil project

OilNOW -
The subsea umbilicals, risers, and flowlines (SURF) facilities for the Yellowtail project will be the largest to date offshore Guyana with over 50 development wells planned, making the contract for the supply and installation of this equipment among the...
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Latest News

NewsShikema Dey -

ONE GUYANA FPSO equipped to ensure uninterrupted gas handling offshore – GoG

The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the...

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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