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GCCI looking to play key role in helping ExxonMobil business centre push local content

OilNOW -
The Georgetown Chamber of Commerce and Industry (GCCI) is looking to work closely with ExxonMobil’s Centre for Local Business Development (CLBD) in Guyana, as part of its push to build capacity across the private sector for the oil and...
News

Setting up strong framework, learning from successes can put Guyana on right path

OilNOW -
Among the options Guyana should consider in preparation for its emerging oil and gas industry is the development of prescriptive and outcome-based frameworks, which, according to a consultant on regulation and standards in the industry, will outline clearly how...
Exploration

Noble will begin Liza campaign in 2018 – ExxonMobil Guyana

OilNOW -
ExxonMobil Guyana has confirmed that Noble Corporation has been contracted by the US super-major for an offshore campaign in the Stabroek Block, located 120 miles offshore the South American country. The 2013-built Noble Bob Douglas drillship will commence operations at...
News

Guyana submits application for EITI candidacy

OilNOW -
Guyana officially submitted its candidature application to the International Secretariat of the Extractive Industries Transparency Initiative (EITI) in Oslo, Norway, on Friday. The application was submitted by Minister of Natural Resources, Raphael Trotman, in the presence of members of...
News

Interest from UK companies in Guyana “gone through the roof” – High Commissioner

OilNOW -
There has been a notable increase in the interest shown by companies in the United Kingdom (UK) to invest in Guyana since the arrival of the oil and gas sector. This was disclosed by British High Commissioner to Guyana,...
News

More interest groups tour ExxonMobil Centre for Local Business Development

OilNOW -
Members of the Guyana Oil and Gas Association (GOGA) were given a tour of ExxonMobil's Centre for Local Business Development (CLBD) on Wednesday, as part of a series of familiarization visits the Centre has organized for Guyanese interest groups. Giving...
News

Investors moving ahead with plans for “GY$100 per share” modular refinery

OilNOW -
Investors are moving ahead with plans to set up a modular oil refinery in Guyana with an initial capacity of 6,000 barrels per day and shares available locally at 100 Guyana dollars each. The key stakeholder behind this project is...
News

Manufacturing group tours ExxonMobil business development centre

OilNOW -
Officials from the Guyana Manufacturing and Services Association (GMSA) on Tuesday were given a tour of the ExxonMobil Centre for Local Business Development, located on South Road, Georgetown, Guyana. President of GMSA, Shyam Nokta, in brief remarks said the manufacturing...
Production

Liza Phase 1 Development Fact Sheet

OilNOW -
The Government of Guyana announced on June 15, 2017 that it had approved the ExxonMobil Liza Phase 1 development plan and had issued a Production License to the company. ExxonMobil outlines the Liza Phase 1 project development description as follows: ...
News

Oil to Soil: O&G services company farms into agriculture

OilNOW -
A company specializing in the provision of manpower resources and a range of other services to the oil and gas industry is investing big in agriculture development in Guyana. The JSL International Group of Companies has to date invested a...
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Latest News

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Hess reports Q3 gains with Guyana leading production growth

Hess Corporation revealed a strong third quarter driven by expanded production in Guyana’s offshore Stabroek Block. The company reported...

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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