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Total clinches GOM deal, acquires Samson Offshore Anchor, LLC

OilNOW -
French oil giant Total, which is said to be eyeing Guyana’s offshore Orinduik Block, has reached a deal to acquire Samson Offshore Anchor, LLC, which holds a 12.5% interest in four blocks covering the Anchor discovery, one of the...
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Exxon examining options to set up head office at Ogle; not hotel company says

OilNOW -
ExxonMobil Guyana said on Wednesday that efforts to acquire land at Ogle, located on the East Coast Demerara, is for the setting up of a head office as part of the company’s long-term operations in the South American country. The...
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GO-Invest eyes GIPEX 2018 as launch-pad for enduring alliances

OilNOW -
The Guyana Office for Investment (GO-Invest) - one of the organising partners of the Guyana International Petroleum Business Summit and Exhibition (GIPEX) 2018 - is looking to facilitate enduring business alliances between local and international companies in Guyana’s emerging...
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Incentives contained in ExxonMobil PSA not unique to Guyana – MNR

OilNOW -
The Ministry of Natural Resources on Tuesday urged that members of the media fraternity in Guyana acquaint themselves with industry specific knowledge and an understanding of the basic principles of contract regimes in oil and gas so that they...
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Telecoms Ministry sees ICT as catalyst to accelerate Guyana O&G growth

OilNOW -
Recognizing the role Information and Communication Technology (ICT) plays in development of a country, Guyana’s Ministry of Public Telecommunications believes that the agency has a critical role to play in supporting the country’s emerging oil and gas industry. Telecommunications Minister,...
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Tourism body retooling for expected increase in visitors fueled by oil production

OilNOW -
The Tourism and Hospitality Association of Guyana (THAG) is looking to promote cultural tourism as it gears up for the expected growth in the influx of visitors with the coming of oil production in 2020. President of THAG, Andrea de Caires,...
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ExxonMobil Guyana prepared to mitigate Liza Phase 2 potential environmental impacts

OilNOW -
ExxonMobil affiliate Esso Exploration and Production Guyana Limited’s (EEPGL) environmental consultant has assured that the company stands ready to mitigate any of the identified potential environmental impacts from the proposed Liza Phase 2 development, recently announced. The company in its...
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GYEITI ramps up efforts to ‘police’ Guyana O&G industry

OilNOW -
As the Guyana Government accelerates its preparations for first oil come 2020, the domestic branch of the International Extractive Industries Transparency Initiative (GYEITI) is ramping up its efforts to ensure greater public awareness and transparency in the country’s emerging...
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ExxonMobil named 2017 Explorer of the Year; Guyana discoveries boosted performance

OilNOW -
ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry. “This award is recognition of ExxonMobil’s successful efforts to strengthen our portfolio by accessing and...
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SBM Offshore kicks off topsides construction for Liza Destiny FPSO

OilNOW -
SBM Offshore today announced that the first-steel cut event has officially started for the construction of the topsides for the Liza Floating, Production, Storage and Offloading (FPSO) vessel project at the Dyna-Mac yard. According to SMB, this phase, in parallel...
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Guyanese businesses can benefit by joining Exxon’s virtual Feedback Session slated for Dec. 13

By Clement Smith - OilNOW Guyanese businesses interested in tapping into the oil and gas sector or already operating in...

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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