Featured

Featured posts

News

By 2026, 4 FPSOs will deliver 50 million barrels of oil, US$4 billion annually to Guyana – Bharrat

OilNOW -
Guyana’s Natural Resources Minister, Vickram Bharrat, says in the next four to five years Guyana would be well on its way to becoming the “mini-Dubai” of the Caribbean as it will have four oil ships providing considerable production volumes...
News

Brent closes week at $85

OilNOW -
(Reuters) - Oil traded just below multi-year highs on Friday with bullish sentiment about low supplies tamped by concerns from world leaders that demand disruptions from the COVID-19 pandemic may not be over. Brent crude futures rose 92 cents, or...
News

Giant Yellowtail project to cost over GY$1.8 trillion

OilNOW -
ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) will make a Final Investment Decision (FID) on its fourth project to be developed at the Stabroek Block, at Yellowtail, pending government and environmental approvals. Initial estimates have so far indicated...
News

Consortium signs multi-client agreement for seismic campaigns offshore Suriname

OilNOW -
TGS, a global provider of energy data and intelligence, in a consortium with CGG and BGP announced on Wednesday the signature of a multi-client agreement with Staatsolie, the state-owned company leading the development of the energy industry in the...
News

Guyanese should retain majority stakes, profits in partnerships with foreign businesses – Tucker

OilNOW -
When local and foreign businesses form partnerships to tap into opportunities in the oil and gas sector in Guyana, the Guyanese partner should not just be a majority-owner of the business for it to be considered ‘local’ but should...
News

Exxon debates abandoning some of its biggest oil and gas projects

OilNOW -
By Christopher M. Matthews, Emily Glazer - The Wall Street Journal (Fox Business) Exxon Mobil Corp.’s XOM 0.55% remade board of directors is debating whether to continue with several major oil and gas projects as the company reconsiders its investment strategy in a...
News

Chamber calls for Local Content Commission to monitor, enforce policy and regulations

OilNOW -
As the Georgetown Chamber of Commerce and Industry (GCCI) awaits the implementation of a Local Content Policy and legislation as promised by the government, the organisation is lobbying for the establishment of a Local Content Commission to ensure that...
News

Guyana, UAE ink MoU to advance technical assistance, cooperation

OilNOW -
President of Guyana, Dr Irfaan Ali, today met with Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs of the United Arab Emirates, to advance closer relations between the two countries and to discuss key areas of technical...
News

Norway group sees more upside to Guyana’s mega 10 billion barrel oil resources

OilNOW -
Guyana is one of the most promising plays to have been opened in the last decade following the discovery of the giant pre-salt reservoir in Brazil, says independent energy research and business intelligence company Rystad Energy. The new oil producing...
News

Guyana on its way to racking up around US$600 million in oil sales by year end – Bharrat

OilNOW -
If Brent crude price continues to hover around US$85 a barrel, Guyana could comfortably get US$150M for its last two oil lifts this year says Natural Resources Minister, Vickram Bharrat. During an exclusive interview with OilNOW, the official recalled that...
1...524525526...1,007Page 525 of 1,007

Latest News

NewsOilNOW -

Noble, EDO and MATPAL gear up for recruitment drive in Guyana’s Essequibo region

The Noble Recruitment Drive is set to arrive in Parika in the Essequibo Islands-West Demerara region of Guyana on Sunday,...

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.

Quick Access

Company Info

Social Networks