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Provision of information by the operators for Guyana’s natural gas development

Bobby Gossai, Jr. -
Assuming that the joint venture will have limited facilities for the reinjection or storage of natural gas, the ability of the parties to take their natural gas entitlement directly affects the ability of the operator to maintain expected levels...
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Guyana COVID-19 Situational Report with forecasts

Bobby Gossai, Jr. -
Updated: July 24, 2020 Chart 1: Coronavirus Healthcare Status in Guyana The chart above highlights the trend of the healthcare status of patients who have contracted the coronavirus, from March to July 23, 2020.  The average number of patients at institutional...
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Stabroek Block discoveries in a ‘safe and advantaged’ position but don’t delay developing resources – urges WoodMac analyst

OilNOW -
When one takes into consideration the impact of the COVID-19 pandemic on global demand for oil as well as increasing calls for a shift to renewable sources of energy, many industry stakeholders have been moved to question whether the...
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Schlumberger to cut more than 21,000 jobs

OilNOW -
The world’s largest oil-field services company, Schlumberger Ltd., is moving to cut more than 21,000 jobs as it posted its weakest sales in 14 years amid a slash in spending by oil producers in response to a historic drop...
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ExxonMobil, partners discover new Carbon Capture Technology material

OilNOW -
Scientists from ExxonMobil, University of California, Berkeley and Lawrence Berkeley National Laboratory have discovered a new material that could capture more than 90 percent of CO2 emitted from industrial sources, such as natural gas-fired power plants, using low-temperature steam, requiring less...
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New ExxonMobil Guyana President looking to build on company’s success

OilNOW -
Alistair Routledge, the new President of ExxonMobil Guyana says he is looking to build on the accomplishments the company has made over the past several years, as he takes up the top leadership role. That success includes 16 oil discoveries,...
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Lead environmental consultants for Guyana offshore developments enter strategic partnership

OilNOW -
ERM Guyana Inc., an affiliate of ERM, said Wednesday it has entered an agreement with Guyana-based Environmental Management Consultants (EMC) to formalize the relationship between the two entities to provide environmental and socioeconomic support in Guyana, with a particular...
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Alistair Routledge officially takes up new position as ExxonMobil Guyana President

OilNOW -
Alistair Routledge has taken up his new post as President of ExxonMobil Guyana after serving in a similar role in Qatar over the past six years. He replaces Rod Henson who was recently named Vice President, Wells, for ExxonMobil...
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Agreement sealed for increased gas supply in Trinidad and Tobago

OilNOW -
The National Gas Company of Trinidad and Tobago Limited (NGC) and BHP have announced the successful completion of negotiations of a Gas Sales Agreement for the Ruby Field. Ruby is located in Block 3(a), off the east coast of...
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Why developing Guyana’s oil fields early matters

OilNOW -
The jury is out on what future oil demand will look like, when the world will hit peak oil and what long-term impacts the coronavirus and the energy transition are likely to have on demand. With Guyana sitting on...
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Guyana’s Gas-to-Energy project wins Deal of the Year at EXIM 2025 Conference

The Export-Import Bank of the United States (EXIM) has awarded its prestigious Deal of the Year Award to the...

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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