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Exhibitors prepping for GIPEX opening

The opening of the second edition of Guyana’s largest oil and gas conference and exhibition is now less than 24 hours away and companies are pulling out all the stops in preparation for the 3-day event. When OilNOW visited the...

ExxonMobil engages UG students on geology of South American Basin

At a two-day workshop on South America Basin Analysis and Hydrocarbon Systems for University of Guyana Geology students, ExxonMobil geo scientists delved into details of its exploration work exposing the students to the possible careers that they can aspire...

600 Guyanese companies working in oil and gas – CLBD

Guyanese companies working in the South American country’s emerging oil and gas industry face a race against time to bring themselves up to the required industry standards and the Centre for Local Business Development (CLBD) is supporting such entities...

Petroleum negotiators association set to launch in Guyana

The Association of International Petroleum Negotiators (AIPN) - an independent not-for-profit professional membership association that supports international energy negotiators around the world – will launch on Tuesday November 19, 2019 in Georgetown, Guyana. As one of its main objectives, AIPN...

Exxon to divest $15 billion in assets by 2021 as development of Guyana oil fields progress

US oil major ExxonMobil is among several global giants in the oil and gas industry looking to sell assets that could fetch a total of $27.5 billion according to Rystad Energy’s latest assessment. The plans by Exxon to divest...

Over 600 delegates, 200 companies onboard for Guyana’s largest oil conference & exhibition

All systems are in place for staging of the second Guyana International Petroleum Exhibition (GIPEX) and summit set to open on Wednesday at the Marriott Hotel in Georgetown. Shariq AbdulHai, Managing Director of Valiant Business Media, the company organising the...

AMCHAM, JHI set to discuss how Guyana arrived at first oil at pre GIPEX event

The American Chamber of Commerce Guyana (AmCham) and JHI Associates Inc. are set to stage a discussion on how Guyana arrived at first oil, slated for Tuesday ahead of the opening of the country’s largest petroleum exhibition and conference...

ExxonMobil briefs City Council on Guyana offshore operations

As first oil from the giant Liza field offshore Guyana draws near, ExxonMobil – operator in the 6.6 million acres Stabroek block - updated officials of the Georgetown Mayor and City Council on the company’s operations in the South...

Price tag for Brazil oil blocks was too high – Petrobras CEO

Brazil’s largest-ever auction of oil deposits conducted just over a week ago was a total flop and CEO of state-controlled Petroleo Brasileiro SA says that the astronomic price tag and regulatory uncertainties are to blame. World Oil reported that Petrobras...

Oil development data could help fuel Guyana eco-tourism

A wealth of data collected during the Environmental Impact Assessment (EIA) study for ExxonMobil’s third proposed offshore development in Guyana could help boost the South American country’s reputation as a prime bird-watching destination. Recently, OilNOW published an article that spoke...

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Guyana’s first major oil & gas training college to welcome full cohort next month

The long-awaited Guyana Technical Training College Inc. (GTTCI) is set to welcome its first cohort of students to be...