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Chamber to stage two-day Business Development Forum

OilNOW -
The Georgetown Chamber of Commerce and Industry (GCCI) will be staging a two-day Business Development Forum (BDF) which is intended to provide a platform for the growth of businesses in Guyana. The BDF was originally conceptualized as a forum for...
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Guyanese firm developing O&G app for ExxonMobil business centre

OilNOW -
ExxonMobil Guyana’s Center for Local Business Development (CLBD) is in the process of developing an online application to provide an ease of access for Guyanese businesses operating in the Oil and Gas (O&G) sector. This was revealed by CLBD Project...
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BHP makes gas discovery in Trinidad

OilNOW -
Australia-based BHP has announced that the Victoria-1 exploration well in Trinidad and Tobago encountered gas and the Samurai-2 well in the US Gulf of Mexico encountered hydrocarbons in multiple horizons. The Victoria-1 well was drilled using the drillship Transocean Deepwater...
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Doomsayers should help to ensure predictions don’t come true – Jordan

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Guyana’s Finance Minister, Winston Jordan, says tax administration reform is needed now more than ever as the country prepares to go through a major economic transformation with the emerging oil and gas sector. Speaking on Monday at the commissioning of a new container...
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USVI Governor Kenneth Mapp announces $1.4 b agreement to restart St Croix refinery

OilNOW -
Governor of the United States Virgin Islands (USVI) Kenneth Mapp has announced an agreement that would reopen one of the world’s largest refineries on St Croix, creating hundreds of jobs in the territory, according to an OECS Business Focus...
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Additional oil discoveries have improved Guyana’s outlook – IMF

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The International Monetary Fund (IMF) said on Friday that additional oil discoveries made by US oil major ExxonMobil off the Guyana coast have served to improve the South American country’s medium and long-term outlook. On June 15 the Executive Board...
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Rystad estimates Ranger could contain 346 million barrels of oil

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While the updated estimated total recoverable reserves in the Stabroek Block offshore Guyana is being assessed by US oil major ExxonMobil, Norway-based Rystad Energy has put forward estimates of its own for all wells where crude has been found...
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ExxonMobil seeking to prequalify contractors for head office construction in Guyana

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US oil giant ExxonMobil’s local subsidiary Esso Exploration and Production (Guyana) Limited has published a Request for Information for general contracting services, with a view to gathering the relevant data on the market for contractors for the construction of...
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More workers come out in Norwegian oil and gas strike

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Union widens six-day drilling rig stoppage, bringing out an extra 900 workers on Monday A Norwegian union for workers on offshore oil and gas drilling rigs stepped up a six-day strike on Monday that has slightly hit oil output after...
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Date set for next Gulf of Mexico oil and gas lease sale

OilNOW -
(MAREX) U.S. Deputy Secretary of the Interior David Bernhardt has announced that the Bureau of Ocean Energy Management (BOEM) will offer approximately 78 million acres offshore Texas, Louisiana, Mississippi, Alabama and Florida for oil and gas exploration and development....
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Latest News

Guyana's Oil LedgerKemol King -

ExxonMobil Guyana reached new monthly production high in September

ExxonMobil is gradually increasing production offshore Guyana reaching an average of 660,000 barrels per day (b/d). Liza 1 and...

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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