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ExxonMobil expects ‘significant progress’ on gas to shore project in the coming year, says benefits are clear for Guyana

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The newly elected Guyana government has affirmed its position on a gas to shore project, committing to developing a natural gas power generation facility in order to cut the country’s energy cost by some 60 percent; and ExxonMobil Guyana says...
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Guyana is a core investment priority, ExxonMobil affirms at CARIVS Summit

OilNOW -
President of ExxonMobil Guyana, Alistair Routledge on Tuesday reaffirmed the company’s commitment to the South American nation as two major oil discoveries last week boosted the oil giant’s flourishing portfolio in the prolific Stabroek block. Addressing attendees at the first...
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Pompeo’s visit to Guyana and region in defense of democracy, strengthening security against regional threats – U.S. Dept. of State

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U.S. Secretary of State Michael R. Pompeo will travel to Paramaribo, Suriname; Georgetown, Guyana; Boa Vista, Brazil; Bogota, Colombia; and Plano, Texas, from September 17-20, 2020.  The Department of State said Tuesday this trip will highlight the United States’ commitment to defend democracy,...
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ExxonMobil Geologists anxious over results of deepest Guyana well ever drilled – Routledge

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US oil major ExxonMobil is paying keen attention to the drill campaign currently underway at Tanager-1 – the deepest well the company has ever drilled offshore Guyana. “Our Tanager well, which we started drilling in August, is unique and exciting,”...
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Guyana’s O&G opportunities take centre stage as CARIVS opens

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The growing opportunities in Guyana’s oil and gas sector took the spotlight on Tuesday as the inaugural ‘Caribbean Virtual Oil and Gas Summit’ (CARIVS) got underway. The three-day virtual event which also features an exhibition - CARIVS 2020 - was...
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Oil will fuel massive FDI inflows to Guyana this decade – Bobby Gossai Jr.

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Guyanese economist Bobby Gossai Jr. said that with the expected growth in offshore activity there will be an increased need for supply vessels and shore base capacity which means more investment dollars will flow into the new South American...
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Applications to construct O&G facilities in Guyana ramp-up

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As Guyana’s Oil and Gas industry continues to develop, the country can expect to see infrastructure and facilities being put in place to support the growing activities. On Monday, the country’s Environmental Protection Agency (EPA) announced via a notice in...
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Apache spuds 4th Suriname well as search for more oil continues

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Apache Corporation said on Monday the Noble Sam Croft drill ship has commenced operations at the Keskesi East-1 exploration well approximately 14 kilometers (9 miles) southeast of Sapakara West-1, where the company had made its second discovery offshore Suriname....
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Key officials confirmed for Caribbean’s first major virtual petroleum summit

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The transformation in global oil and gas economies indicate that now, more than ever, is the time to bring the industry together to examine and overcome unprecedented challenges while uncovering and exploring available opportunities in the Caribbean markets. This, the...
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BP says oil demand growth era over

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(Bloomberg) -- BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more. Oil consumption may never return to levels seen...
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Stories Beyond the BarrelShikema Dey -

The rise of Expro’s first Guyanese Field Service Supervisor, Norman Chapman 

When Norman Chapman joined Expro Guyana in 2018, then known as Frank’s International, he was one of just five...

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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