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With or without U.S. Exim Bank loan, Guyana’s gas project to go ahead 

OilNOW -
If there is one thing the government is sure of, it’s the successful execution of Guyana’s Gas-to-Energy project, with or without the loan it requested from the U.S. Exim Bank.  The delays in its approval have caused some uncertainty.  But according...
News

TotalEnergies’ considers cuttings disposal options in Guyana and Trinidad for Block 58 project

OilNOW -
For TotalEnergies' Block 58 project, drill cuttings from the four wells near environmentally sensitive areas may be disposed of onshore in Guyana or Trinidad and Tobago. This is according to the environmental and social impact assessment submitted to Suriname’s...
Exploration

Baker Hughes achieves fastest open water work in Guyana wells team history

OilNOW -
Baker Hughes said it set a new benchmark for open water drilling in Guyana, completing a 26-inch section with “unprecedented speed and efficiency.”  The company reported a 40% increase in on-bottom rate of penetration (ROP) and a 61% reduction in...
News

Exxon probing target at gas field off Guyana coast  

OilNOW -
ExxonMobil is continuing drilling activities at the Haimara-4 wellsite, located approximately 125.4 nautical miles (232.1 kilometers) off the Coast of Guyana, covering an area of 0.29 square nautical miles (1 square kilometer). This is according to a notice from the Maritime...
News

TotalEnergies to hold stakeholder meeting for Suriname’s first deepwater development

OilNOW -
Total Energies EP Suriname B.V. will host a stakeholder meeting on August 28, from 9:00 AM to 11:00 AM, at the Royal Ballroom Torarica in Paramaribo, a notice outlined.  The meeting will be conducted in Dutch, with English slides, and...
Stories Beyond the Barrel

Capturing the corporate boom: Koaito Grant’s journey into oil and gas photography

Shikema Dey -
In the evolving landscape of Guyana’s oil and gas industry, few have managed to carve out a niche quite like Koaito Grant. A name synonymous with corporate photography, Grant’s journey from discovering his passion for capturing moments to becoming...
News

Exxon’s projects in Guyana to drive significant subsea tree installations in 2024 – Rystad Energy 

OilNOW -
ExxonMobil's expanded operations are set to boost subsea tree installations in 2024, with a projected 12% contribution, according to Rystad Energy. This surge follows Equinor, which accounted for 17% of total subsea tree installations this year. Exxon's focus is...
News

ODITC advances Guyanese search and rescue training for offshore safety

OilNOW -
ODITC the collaborative venture of 3t EnerMech, Orinduik Development Incorporated, and Windsor Technologies plays a crucial role in enhancing the search and rescue (SAR) capabilities of Guyanese personnel in the offshore industry. The company supports the OMNI SAR training...
News

TGS launches survey to evaluate Brazil’s offshore Pará-Maranhão basin potential

OilNOW -
TGS, a leading provider of energy data and intelligence, has initiated the PAMA 3D Phase 1 Survey in Brazil's Equatorial Margin, covering 19,343 square kilometers and more than 25 future exploration blocks in the Pará-Maranhão Basin. This basin is...
News

Just nine years after first discovery Guyana has seven projects in play with three already producing

OilNOW -
Guyana will be producing oil for decades to come. A series of deepwater development projects being executed by U.S. oil major ExxonMobil is rapidly transforming the South American country, catapulting it from a non-producer less than five years ago,...
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IEA warns of major drop in oil investment as clean energy gains momentum

Upstream oil investment is expected to decline by 6% in 2025, marking the first drop since 2020 and the...

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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