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TechnipFMC says Brazil contracts ‘significant’

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TechnipFMC and its joint venture (JV) partner DOF Subsea have been awarded significant long-term charter and services contracts by Petrobras for the pipelay support vessels Skandi Vitória and Skandi Niteroi. The Brazilian-built and flagged vessels are owned by DOFCON Navegação...
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Exxon in search of Quayside and Laydown Area on West Bank of Demerara River

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ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) has put out a Request for Information (RFI) seeking detailed operational and technical information from suppliers for meeting its bid selection requirements for a Quayside and Laydown Area on the...
Opinions

Local content regulations: back to the future?

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By Jerry Haar – OilNOW Trade and investment liberalization has been one of the hallmarks of the global economy for the last sixty years. Both industrialized nations and emerging markets have come to realize that the positive features of neoliberal...
Opinions

Investing in becoming a cut above the rest – Pt. 1

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By A. Bacchus – OilNOW So, you have your business, and it is registered on the Supplier Registration Portal to be considered for contract opportunities in the oil and gas industry. What’s next? What is it about your company that...
News

Gas pipeline will deliver over 50% reduction in emissions, analyst says time to act is now

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Given the quantity of the gas Guyana has found in the Stabroek Block as well as how easily it can be piped to shore without having to pay a premium on the resource, it certainly makes sense for the...
News

Global cooperation essential to address gas flaring, according to GlobalData

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The growing public awareness about global warming and climate change have catapulted world leaders to address the gas flaring issue. Global platforms such as the UN are encouraging countries to set themselves targets to reduce and subsequently eliminate gas...
News

Chevron returns essential crews to all six of its US Gulf of Mexico platforms

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(S&P Global Platts) Chevron has redeployed essential crews to its six operated US Gulf of Mexico platforms that were evacuated last week when Hurricane Ida raced toward the Louisiana coast, the company said late Sept. 3. The facilities "did not...
News

Saudi Aramco to market Guyana’s 4th oil lift scheduled for this month   

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Following a procurement process for the provision of marketing services for Guyana's oil entitlement from the Liza Destiny FPSO, the Government of Guyana recently evaluated and approved the nomination of Aramco Trading Limited (ATL) to market Guyana’s 4th lift...
News

EPA collected around GY$400M in payments for flaring from ExxonMobil – Parsram

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Guyana's Environmental Protection Agency (EPA) has collected approximately GY$400M in payments from ExxonMobil for flaring to date. Head of the agency, Kemraj Parsram, made the disclosure on Thursday during a local radio programme - Guyana’s Oil and You. This follows...
Opinions

Preparing Guyanese youth for 21st century economic development

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By Wilberne Persaud – OilNOW In my April 2020 commentary: “GUYANA | Workable, Transparent Gov't Policy Needed for Oil and Gas Investment” an important bullet point read: “Guyana has but one limited, time-bound chance, to make oil and gas its...
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Guyana’s first major oil & gas training college to welcome full cohort next month

The long-awaited Guyana Technical Training College Inc. (GTTCI) is set to welcome its first cohort of students to be...

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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