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Guyana and U.S. firms enter strategic partnership at OTC

OilNOW -
Guyanese firm GAICO Construction Services signed a Memorandum of Understanding with Myer Marine Services and Hargrove EPC on Wednesday at the Offshore Technology Conference in Houston, Texas. The signing occurred with David Myer, President of Myer Marine Services, Ralph Hargrove,...
News

Guyana, Houston business groups hold talks, looking at upcoming trade missions

OilNOW -
Officials from the Georgetown Chamber of Commerce and Industry (GCCI) and the Greater Houston Partnership held discussions this week on the sidelines of the Offshore Technology Conference. GCCI President, Timothy Tucker, told OilNOW on Tuesday the discussions focused on strengthening...
News

OTC: Guyana pushing to have share in ‘4-trillion-dollar oil and gas industry’

OilNOW -
Guyana’s Vice President, Dr. Bharrat Jagdeo, told participants at the Offshore Technology Conference’s (OTC) inaugural Executive Dialogue Series held on Tuesday in Houston, Texas, that the South American country must have a share in the 4-trillion-dollar oil and gas...
Opinions

Guyana: Beating the Resource Curse

OilNOW -
By Terrence R. Blackman, Ph.D. – OilNOW ExxonMobil initiated oil and gas exploration activities in Guyana in 2008. The company drilled, safely, its first exploration well, Liza-1, in 2015. The Payara, Snoek, Liza Deep, and Turbot discoveries followed in 2017,...
News

Climate change, transnational crime among biggest threats to Guyana’s prosperity – Vice President

OilNOW -
Guyana, South America’s newest oil producer, is poised for massive economic take-off with total fiscal revenues from developing just its first two oilfields projected to exceed US$20 billion, dwarfing its 2018 GDP of US$4 billion. But in addition to...
News

Energy Chamber inks ‘capacity building’ agreements at Houston conference

OilNOW -
President of the Guyana Oil & Gas Energy Chamber (GOGEC), Manniram Prashad on Tuesday signed two Memorandums of Understanding at the Offshore Technology Conference (OTC) in Houston, Texas. GOGEC said the MOUs are underpinned in the spirit of mutual...
News

Guyana Liza Project takes centre stage on day 1 of OTC

OilNOW -
A technical session on Guyana’s Liza project drew a capacity audience on Monday at the Offshore Technology Conference (OTC) being held in Houston, Texas. Presentations were made by several ExxonMobil representatives covering the company’s exploration history in the Guyana basin,...
News

Guyanese recruitment firm targeting opportunities in Houston

OilNOW -
Guyanese firm Strategic Recruitment Solutions Inc. (SRSGY) is looking to tap into opportunities at the Offshore Technology Conference (OTC) taking place this week in Houston, Texas. SRSGY is one of over a dozen companies from Guyana participating in this year’s event...
News

Oil on agenda as high-level Suriname delegation set to begin 4-day visit to Guyana

OilNOW -
Guyana’s Head of State, Dr. Mohamed Irfaan Ali has indicated that oil and gas collaboration is one of the many topics up for discussion with the Surinamese President Chandrikapersad Santokhi, who will be leading a high-level delegation to Guyana...
News

Major U.S. oil industry groups sue Biden administration

OilNOW -
(Reuters) - Major U.S. oil industry groups on Monday sued the Biden administration for halting drilling auctions on federal lands and waters this year, arguing the government is required by law to hold regular sales. The American Petroleum Institute (API)...
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Suriname’s National Debt Chief resigns amid enhanced financial scrutiny of NDP government 

PARAMARIBO, SURINAME - Malty Dwarkasing has resigned as Suriname’s Administrator-General of the National Debt Office. Dwarkasing submitted her resignation...

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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