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Normand Installer set to arrive in Guyana as development work for Liza Phase 2 continues

OilNOW -
Activities are ramping up offshore the South American country of Guyana in preparation for the Liza Phase 2 Development, set to come on stream by mid-2022. The multi-purpose offshore vessel Norman Installer will arrive at the Stabroek Block this...
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Brent hits five-month high

OilNOW -
(Reuters) - Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand struggles to return to pre-COVID levels in...
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World oil demand has grown by 13 million bpd over last 4 months – to plateau just below pre-COVID levels

OilNOW -
World oil demand has grown at a record pace—by 13 million barrels per day in the last four months—since the bottom of the COVID-induced collapse in April. But that pace of growth is expected to taper off with global...
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Aramco discovers two new oil and gas fields in northern Saudi Arabia

OilNOW -
(Bloomberg) - Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman. Gas has started flowing from Hadabat Al-Hajara field near the Iraqi...
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Caribbean-Dubai Chamber of Commerce under consideration

OilNOW -
First Lady of Guyana, Mrs. Arya Ali on Saturday participated in the first of a series of meetings, which was organized by the Dubai Vigilance Group (DVG) to reflect on the role of women in today’s society and one...
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Guyana COVID-19 Situational Report with forecasts

Bobby Gossai, Jr. -
Updated: August 29, 2020 Figure 1: Monthly COVID-19 Tests to Positive Cases in Guyana The chart above highlights the comparison between the number of monthly tests for coronavirus to the positive cases which have been recorded from March 11 to August...
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Guyana oil revenue climbs to almost US$150 million – 4th lift due November

OilNOW -
Over US$46 million was deposited into Guyana’s Natural Resources Fund account this week representing proceeds from the sale of the country’s 3rd million-barrel oil cargo. This pushes the total revenue Guyana has received so far from oil exports and...
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ExxonMobil looking forward to positive results from Guyana drill campaigns

OilNOW -
Results from the Redtail-1 prospect located some 103 nautical miles off the coast of Guyana at the Stabroek block are expected soon while a new campaign at the ‘deepest well ever drilled’ in the South American country at Tanager-1,...
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South America’s newest oil and gas hotspot cautious about reopening

OilNOW -
Guyana’s President, Dr. Mohamed Irfaan Ali, has assured that his government will be enforcing strong protocols prior to implementing reopening measures in the newest oil producing South American country, where over 8 billion barrels of recoverable oil equivalent resources have...
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“ExxonMobil will be in Guyana for a long time” – PM Mark Phillips

OilNOW -
Officials from ExxonMobil Guyana paid a courtesy call on newly appointed Prime Minister in the South American country, Brigadier Mark Phillips, on Friday.   The ExxonMobil team included President of the company, Alistair Routledge, and Senior Director, Government Relations, Marcus...
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Latest News

NewsShikema Dey -

More Guyanese technicians graduate from FacTor training program 

SBM Offshore Guyana’s Trainee Technician program churned out another 24 Guyanese graduates, who are now one step closer to...

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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