Featured

Featured posts

News

Preparing Guyanese women for opportunities in oil and gas a top priority for local NGO

OilNOW -
Guyanese Non-Governmental Organization (NGO), Women in Oil and Gas, is seeking to change age-old stereotypes about the way women are perceived as to their readiness and suitability for technical fields, including those in the petroleum sector. So says Dr. Dawn...
News

Local content requirements must be flexible, realistic – Angele Ramsaransing-Karg

OilNOW -
Countries which lack the necessary skills and experience in the oil and gas industry run the risk of slowing down development of their petroleum resources if local content requirements are not realistic and lack flexibility. So says Angele Ramsaransing-Karg, Manager...
News

Guyana oil revenue will more than double T&T’s and quadruple Suriname’s – Rystad Energy

OilNOW -
The South American country of Guyana is on course to receive the highest estimated total income from its multi-billion-barrel oil and gas resources when compared to both Suriname and Trinidad and Tobago (T&T), under various oil price scenarios. This...
News

Less than 15 percent of Guyana’s discovered resources have been sanctioned

OilNOW -
With over 8 billion barrels of oil equivalent discovered to date and just two approved developments, Guyana still has significant hydrocarbon resources yet to be produced. Analysts have said developing these resources early would be prudent, since delays run...
News

Majors exiting 203 country positions but remain in play at key locations like Guyana

OilNOW -
The largest oil and gas companies in the world, including US oil major ExxonMobil, are revising their long-term oil price and demand outlook, and looking to streamline their portfolios to improve cash flow, cost efficiency...
News

Near future multiple FPSO projects to have lasting impact on Guyana development – Tina Riley

OilNOW -
From Ranger in the North-West to Haimara in the South-East, the more than 8 billion barrels of oil equivalent resources found to date at the prolific Stabroek Block offshore Guyana will lead in the transformation of the South American...
News

Guyana oil minister set to talk at Madrid Energy Conference this week

OilNOW -
Guyana’s Minister of Natural Resources, Vickram Bharrat, will be the key speaker on a panel discussion at the Madrid Energy Virtual Conference (MEC2020) set to take place this week. The panel discussion will focus on institutional strategy for regulation...
News

Tankers lifting Liza Crude required to comply with Guyana’s pandemic measures

OilNOW -
New oil producer Guyana continues to take precautionary measures at offshore installations in response to the global pandemic which has seen tankers lifting the Liza crude being required to arrive well ahead of time for each lift, in keeping...
News

Saipem Guyana operations supported by 80 percent local workforce – Managing Director

OilNOW -
Since starting operations in Guyana in May 2018, Italian multinational oilfield services company Saipem has established a country office with 80 percent of its workforce now being Guyanese. Saipem has been awarded contracts by ExxonMobil for the Engineering, Procuring, Construction...
News

E&P companies took up combined debt of $72 billion in Q2 2020 – EIA analysis

OilNOW -
The United States Energy Information Administration (EIA) said its latest analysis has found that debt levels among Exploration and Production (E&P) companies spiked during the second quarter of 2020 illustrating the immediate impact of reduced oil demand and prices...
1...685686687...1,017Page 686 of 1,017

Latest News

NewsOilNOW -

High-tech seismic campaign offshore Guyana to wrap up in December

ExxonMobil Guyana will complete its latest seismic data acquisition campaign in December, marking the end of a months-long effort...

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.

Quick Access

Company Info

Social Networks