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Entrepreneurs positioning Guyanese businesses for oil and gas bonanza

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A local online marketplace, aptly named Online Guyana (www.online.gy), was launched last week and is offering Guyanese companies the opportunity to market their products online. In a press update, the company said as the world, and Guyana, adjust to the...
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Liza Destiny flaring reduced to ‘pilot levels’ as gas compression system fixed – ExxonMobil

OilNOW -
Flaring at the Liza Destiny FPSO has been reduced to pilot levels and the vessel is now producing oil at full capacity of 120,000 barrels per day. The FPSO, designed to ensure there is no routine flaring in its...
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Guyana oil output hits 120,000 bpd as country celebrates 1st anniversary as producer

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Today marks one year since Guyana began producing oil. ExxonMobil Guyana said it is celebrating this significant milestone as the Liza Destiny floating production storage and offloading (FPSO) vessel reached full capacity of 120,000 barrels of oil per day...
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One year later Guyana now firmly established as an oil producer

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Exactly 12 months have gone by since Guyana produced its first barrel of oil at the offshore Stabroek block where US oil major ExxonMobil is operator. This milestone came just under five years from the world-class Liza discovery in...
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Farm-ins are routine in the oil and gas industry, ‘first movers’ take risks – expert says

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‘First movers’ and their small independent partners/companies take risks in acquiring exploration licenses for offshore blocks, as there is no guarantee that they will find a large partner to farm into these blocks. This is according to President of...
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ExxonMobil building strong partnerships, sees Guyana capacity growing – Routledge

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Building strong partnerships with key stakeholders in Guyana and supporting the development of local business have been areas of special interest for ExxonMobil in its operations in the South American country. This is according to President of ExxonMobil Guyana, Alistair...
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BP and Reliance start production at Asia’s deepest gas project

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India got a new supply of cleaner-burning gas on Friday after production started from R Cluster ̶ an ultra-deepwater gas project in block KG D6 off the east coast of the country, bp said in a press update. Chairman and Managing...
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Guyana’s first oil & gas publication launched with focus on development of local enterprise

OilNOW -
Energy, the first publication in Guyana covering the rapidly developing Oil and Gas sector, has been released by Energy Guyana Magazine Inc. a 100% Guyanese owned company. The magazine, which will be available digitally and in print, focuses primarily on...
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Guyana and Suriname among countries expected to dominate 2021 licensing rounds

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The award of oil and gas acreage in 2021 is expected to be dominated by countries like Guyana and Suriname which, like just a handful of some other territories, have captured high interest in the industry over the last...
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Guard against ‘hostile neighbours’ looking to capitalize on disunity – Guyana advisor on borders urges

OilNOW -
Advisor on Borders to the Government of Guyana, Carl Greenidge is calling for unity among the nation’s major political parties as the International Court of Justice (ICJ) is set to rule today on its jurisdiction to hear the border...
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Exxon says U.S. senators were misled; no Guyana tax credits included in its 2023 & 2024 filings

President of ExxonMobil Guyana, Alistair Routledge, has rejected claims that the company benefited from tax credits in Guyana for...

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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