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Guyanese firm developing O&G app for ExxonMobil business centre

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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

OilNOW -
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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Wood, TechnipFMC named among Scotland’s best green businesses

OilNOW -
Energy services giants Wood and TechnipFMC have been named among Scotland’s best green business. The pair is among 40 firms to be nominated for the Scottish Environment Business Awards (VIBES). Aberdeen-headquartered Wood is up for top environmental product or...
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Dredging in Demerara Channel to continue through 2025

The Maritime Administration Department (MARAD) announced that dredging works will continue in the Demerara Main Ship Channel and off...

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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