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MODEC seeks drone inspection services for Guyana operations

OilNOW -
MODEC has issued a Request for Information (RFI) for Remotely Piloted Aircraft Systems (RPAS) inspection services for its Guyana operations. The inspections will cover flare stacks, ignition systems, burners, flare structures, and vent towers. MODEC launches internship, trainee programs for...
News

Dan Ammann named ExxonMobil’s new Upstream President as Mallon heads to retirement 

OilNOW -
ExxonMobil has announced leadership changes, with Dan L. Ammann appointed as President of ExxonMobil Upstream Company and Vice President of Exxon Mobil Corporation, effective February 1, 2025. He will succeed Liam M. Mallon, who is retiring after 34 years...
Exploration

Guyana oil success rooted in high risks, partnerships, and innovation – Liam Mallon

OilNOW -
In a candid discussion with Hart Energy, President of ExxonMobil Upstream Company and Vice President of Exxon Mobil Corporation, Liam Mallon, provided a detailed account of Guyana’s journey to becoming a major oil producer. Mallon outlined the inherent risks...
News

Exxon pushing for growth in fabrication, repair services in Guyana

OilNOW -
ExxonMobil Guyana is working to expand fabrication, machining, and repair services to support its growing oil and gas operations. President of the company, Alistair Routledge, explained that this effort is part of its strategy to strengthen local businesses and...
Exploration

Stena Carron probing Lau Lau-2 as Exxon looks to increase discovered resources

OilNOW -
ExxonMobil is advancing exploration drilling at the Lau Lau-2 well site at the Stabroek Block offshore Guyana. The drilling operation, being undertaken by the Stena Carron, will conclude on December 31, 2024. The site is located 116.73 nautical miles (216.18...
Guyana's Oil Ledger

Guyana oil production averaged 608,000 b/d in first 10 months of 2024

Kemol King -
Crude oil production at the ExxonMobil-operated Stabroek Block averaged 608,000 barrels per day (b/d) in the first 10 months of 2024. Combined output from the three projects—Liza 1, Liza 2 and Payara—have shown they can sustain 660,000 b/d. However,...
News

Petrobras begins divestment of Tartaruga shallow water field

OilNOW -
Petrobras has launched the divestment process for its 25% minority stake in the Tartaruga field, located in shallow waters off Pirambu, Sergipe, in the Sergipe-Alagoas Basin. The field is operated by SPE Tiêta, a subsidiary of Petrorecôncavo, which holds...
Stories Beyond the Barrel

Donella Long: Elevating Guyana’s Hospitality Scene with ‘The Balance’

OilNOW -
Since 2016, Donella Long, Founder and Chief Executive Officer of The Balance, has been transforming Guyana’s hospitality landscape. Her company provides professional staffing solutions for events, including waiters, bartenders, mixologists, and cleaners. Known for its exceptional service and attention...
News

Second phase of Berbice training facility progressing with extended timeline

OilNOW -
The construction of the oil and gas training facilities at the Guyana Technical Training College (GTTCI) in Port Mourant, Berbice, is progressing steadily, with the completion date now set for October 2026.  President Irfaan Ali announced the updated timeline on...
News

Exxon not backing out of Block S8 talks – Jagdeo 

OilNOW -
ExxonMobil, Hess and CNOOC are not backing out of talks with the Guyana government for a shallow water block they were awarded after the country’s first offshore auction. Guyana's Vice President, Bharrat Jagdeo, said during a Thursday press conference that...
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Latest News

NewsShikema Dey -

Ali projects GY$870 billion housing investment for Guyana, 30,000 new homes over next five years

Guyana's President, Dr. Mohamed Irfaan Ali, has outlined plans for a GYD870 billion expansion in the country's housing sector...

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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