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

OilNOW -
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...
News

ExxonMobil briefs City Council on Guyana offshore operations

OilNOW -
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...
News

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

OilNOW -
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...
News

Oil development data could help fuel Guyana eco-tourism

OilNOW -
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...
Opinions

Oil fund management for Guyana

OilNOW -
Central to any revenue management law is the set of rules and basic principles governing the management of the oil fund. Good governance, professional management, and broad oversight can go a long way in protecting the value of oil...
News

Saudi Aramco targeting up to $1.7 trillion in IPO valuation

OilNOW -
Saudi Arabia’s state-owned oil giant Aramco announced Sunday it will sell a 1.5% stake in the company as it looks to raise as much as $25.6 billion from the sale. The newly released figures also revealed a valuation for the...
News

A subsea giant could be in the making with Saipem, Subsea 7 merger

OilNOW -
A merger between Italian-based Saipem – one of ExxonMobil’s Prime Contractors for its offshore project in Guyana – and UK-based Subsea 7 would create a subsea giant in the oilfield services industry. Commenting on unconfirmed reports that such a merger...
News

Total announces first oil from Brazil’s offshore Iara license

OilNOW -
French oil giant Total announced on Friday first oil from the Iara license (Block BM-S-11A), located in the deepwater Santos Basin pre-salt in Brazil. According to a press release from the company, this development marks the start-up of the P-68,...
News

Guyana must decide on pace of oil development – money now or later?

OilNOW -
Director of Guyana’s Department of Energy (DE), Dr. Mark Bynoe says the South American country of Guyana faces some tough decisions going forward as it relates to the pace of offshore oil development and that this must be taken...
News

Chamber to launch Business Directory on Day 1 of GIPEX

OilNOW -
The Georgetown Chamber of Commerce and Industry (GCCI) will be moving to launch its Business Directory on the evening of the first day of the Guyana International Petroleum Exhibition and Summit (GIPEX) set to take place on November 20...
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Latest News

Stories Beyond the BarrelShikema Dey -

From chemistry to cargo: How Natina Singh became ExxonMobil Guyana’s first Operations and Logistics Superintendent

When Natina Singh began her academic journey in chemistry, she never imagined she would one day be managing logistics...

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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