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Tullow Oil said it signed a Production Sharing Contract (PSC) for offshore exploration licence CI-803 in Côte d’Ivoire. Tullow will operate the licence with 90% equity. The remaining 10% is held by PetroCi. CI-803 covers an area of 1,345 square kilometres...

By Fernando Hernandez - OilNOW To understand Guyana’s meteoric rise as an oil-producing nation, it is necessary to reference critical events that occurred in the U.S.’ Gulf of Mexico (GoM) in 1947 and 1986. These events were crucial to the...

Guyana’s Supreme Court on Friday quashed a decision by the Environmental Protection Agency (EPA) to waive an Environmental Impact Assessment (EIA) during the authorisation process for the construction and operation of a source storage and calibration building facility at...

By Dr. Lorraine Sobers - OilNOW The year 2022 has been an intriguing one for Guyana’s energy sector: oil production and reserves have grown significantly, local content legislation came into full force, legal local content disputes arose and were settled,...

ExxonMobil Guyana is seeking Environmental Authorisation for a proposed fifth deep water petroleum development project in the eastern portion of the Stabroek Block offshore the South American country, in the Uaru, Mako and Snoek Fields. The project, which will consist...

US oil producer, Hess Corporation, has announced that it has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the 13th consecutive year. This is the first time that Hess has been included in...

CNOOC Petroleum Guyana Limited (CPGL) said it recently donated a complete solar lighting community system to Moraikobai, the only indigenous village in Region Five (Mahaica-Berbice), Guyana. In all, 130 lights were given to the community along with eight flood lights...

Guyana’s first offshore bid round has been launched and as oil majors set their sights on the prime blocks up for grabs, Guyanese companies have been encouraged to team up and also, cash in on the action. But there are...

A security officer posted at Guyana’s State House, the official residence of the First Family, was stabbed and another relieved of his weapon by an intruder who opened fire at what should be one of the most secure buildings in...

Months after a contract for the construction of the Amaila Falls Hydropower Project (AFHP) collapsed, the government is working on reopening tenders. This is according to President Dr. Mohamed Irfaan Ali. “We’re doing assessments now. We have quite a lot...