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Touchstone enters major agreement with Trinidad national gas company, provides operational update

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The National Gas Company of Trinidad and Tobago Limited (NGC) signed a natural gas supply agreement with Primera Oil and Gas Limited, a subsidiary of Canadian energy exploration company Touchstone Exploration on Friday December 18, 2020. Primera, acting on...
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Guyana business groups call for greater transparency in procurement opportunities

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The Private Sector Commission and Guyana Manufacturing and Services Association said on Thursday they look forward to local businesses being given opportunities to participate in the oil and gas value chain considering that the sector is poised for significant...
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Regus opens Guyana Centre as economy poised for major take off

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Regus, the global leader in serviced offices has opened its first Centre in Guyana. The new Centre is located in the New Trafalgar Building at 165 Waterloo Street, North Cummingburg, Georgetown. The company said Thursday it has built an unparalleled...
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Guyana and Suriname could help oil companies transition towards cleaner energy

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By Arthur Deakin Royal Dutch Shell, the third-largest oil company in the world, saw several clean energy executives quit after disagreeing about the speed of the company's energy transition. The Financial Times reported that the departing executives wanted to see...
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ExxonMobil’s South America bonanza grows

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(Forbes) After announcing discovery after discovery from its massive Stabroek Block offshore the tiny South American nation of Guyana over the past three years, ExxonMobil announced on Friday that it has struck South American oil and gas once again,...
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TechnipFMC seeking contractors for warehouse facility in Guyana

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Global oil and gas company TechnipFMC is expanding its operations in Guyana where it has been providing subsea production systems for the offshore developments at the prolific Stabroek block. The company recently published a notice inviting contractors to submit Expression...
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Maersk first low-emission rig showing promising results

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After successfully being converted to a hybrid, low-emission rig, Maersk Intrepid has entered operations as the first Maersk Drilling rig to feature this set of upgrades. Maersk Intrepid is currently working for Equinor on the Martin Linge field where...
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Hess earns leadership status in climate change report

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Hess Corporation has been recognized for climate change stewardship in CDP’s Climate Change Report 2020. CDP is an international non-profit organisation based in the United Kingdom, Germany and the United States of America that helps companies and cities disclose...
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Aramco may have to sell assets, borrow more to maintain Saudi dividend

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(Reuters) - Oil giant Aramco, whose dividend remains vital to helping Saudi Arabia contain a huge deficit, may have to sell assets, and borrow more to fulfil its fiscal role amid uncertainty in oil prices, market specialists said. While Saudi...
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Maximising local participation in oil and gas discussed at first meeting of Guyana’s Presidents

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Guyana’s President Dr. Irfaan Ali on Tuesday met with three of the South American country’s former Presidents for a wide-ranging discussion on matters of national, regional, and international importance, chief among them being how the nation can maximise benefits...
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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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