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Natural Resources Minister, British High Commissioner discuss O&G partnerships

OilNOW -
Minister of Natural Resources Vickram Bharrat on Wednesday met with British High Commissioner to Guyana, Greg Quinn, where they discussed a number of areas of collaboration including oil and gas. During the meeting, Mr. Bharrat commended the outgoing High Commissioner...
News

Interest of Guyanese workers top priority for labour ministry in discussions with ExxonMobil

OilNOW -
Guyana’s Minster of Labour, Joseph Hamilton, met with Officials from ExxonMobil Guyana on Wednesday where the rights of Guyanese workers and equal pay for equal work formed a major part of the discussions. ExxonMobil Guyana President, Alistair Routledge, and...
News

Push for rigorous training, establishment of joint ventures to build local content capacity – Consultant

OilNOW -
Canadian consultant Rob Strong spoke to OilNOW about local content development back in 2018, and made a comparison with the Newfoundland and Labrador oil and gas industry, which he thinks Guyana could learn from. This is what he had...
News

Natural gas makes up around 20% of Stabroek Block discoveries – Alistair Routledge

OilNOW -
President of ExxonMobil Guyana, Alistair Routledge, said on Wednesday approximately 20 percent of the more than 8 billion barrels of oil equivalent resources found so far at the prolific Stabroek Block, is natural gas. “You'll be familiar with the 8 billion oil equivalent barrels of...
News

World Bank reaffirms support for Guyana’s “progress and prosperity” as country prepares for economic take-off

OilNOW -
As Guyana prepares for unprecedented development from its multi-billion-barrel oil and gas resources, the World Bank says it stands ready to advance discussions on sustainable growth in support of the country’s progress and prosperity. In a congratulatory letter to Guyana’s...
News

CNOOC postpones start-up of project at UK’s highest-producing oil field

OilNOW -
COVID-19 safety measures and the postponement of the Forties pipeline overhaul have forced China's CNOOC to push the startup of its Buzzard phase II oil project into 2021, the company said Tuesday. According to a S&P Global Platts report, the...
News

24 Guyanese trainee technicians return for placement on Liza Destiny FPSO

OilNOW -
The first group of Guyanese operations and maintenance trainees recently returned to the South American country after an extensive 18-month training programme in Canada organized by ExxonMobil Guyana. The company said in an update on Tuesday they will soon be...
Exploration

INTO THE DEEP: At 8,000 meters Tanager-1 is the deepest well ever to be drilled by ExxonMobil offshore Guyana

OilNOW -
FAST FACTS The Tanager-1 well has a target total depth of 8,000 metres making it the deepest well ever drilled by ExxonMobil offshore Guyana. The previous deepest well was Ranger-1 at 6,450 meters. It will take an estimated 90 days to drill. The...
News

From Guyana to Angola: Qatar Petroleum farms into Block 48 on ‘sweetened fiscal terms’

OilNOW -
After announcing a year ago that it had entered into an agreement with Total for a share of exploration and production rights in two blocks offshore the South American country of Guyana, Qatar Petroleum (QP) has marked its first...
News

Guyana Civil Aviation Authority issues new directive for operators of helipads/helidecks

OilNOW -
The Guyana Civil Aviation Authority (GCAA) has issued a new directive mandating all operators of helidecks/heliports/helipads to be subject to approvals in accordance with the International Civil Aviation Organization (ICAO) Annex 14, Volume II and ICAO Document 9261 ‘Heliport...
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Latest News

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Kumu’s new small-scale hydropower plant now operational

Guyana commissioned a new 1.5 megawatt (MW) hydropower station in the southeastern community of Kumu on Friday, part of...

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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