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Caribbean oil terminals make preparations ahead of Hurricane Maria

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(Reuters) - Several Caribbean oil storage terminals that temporarily closed ahead of Hurricane Irma earlier this month have started making preparations in case they have to shut again due to Hurricane Maria, which was a rare Category 5 storm...
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Business summit slated or September 25-26 to focus on transformation of economy

OilNOW -
The Caribbean-Central American Action (CCAA) and the Inter-American Development Bank (IDB) will be hosting a business summit in Guyana in collaboration with a number of stakeholders, slated for September 25 and 26. The event; The Transformational Economy: Perspectives and Opportunities...
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Global energy consumption to increase by 28% – EIA

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World energy consumption is projected to increase by 28% between 2015 and 2040 according to the US Energy Information Administration. In figures published last week, EIA said coal demand will remain flat, and renewable energy will be the world’s...
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16 more Guyanese undergo training for offshore jobs

OilNOW -
Sixteen more Guyanese are undergoing training for job opportunities offshore, this time as part of the Edison Chouest supply vessel fleet. Manpower provider, El Dorado Offshore in collaboration with Ramps Logistics of Trinidad & Tobago, has been playing an integral...
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Tullow says not much opportunity for local content in exploration phase

OilNOW -
Country Representative of Tullow Oil in Guyana, Joachim Vogt, says not much opportunity exist for local content in the exploration phase of offshore operations. Vogt was at the time responding to a question from OilNOW about the likelihood of Guyanese...
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Suggesting all blocks for petroleum exploration were issued is ‘dangerously wrong’ – Ram

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Guyanese Attorney-at-Law and Chartered Accountant, Christopher Ram, says the suggestion that all of the blocks for petroleum exploration and production were given out prior to 2015 is dangerously wrong, since the available information contradicts this. Speaking at a public forum on Friday...
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Guyanese make up 70% of Exxon direct workforce – Country Manager

OilNOW -
Around 70 percent of ExxonMobil’s direct workforce in Guyana is derived from local content, while the entire exploration and production operation consist of 40 to 50 percent Guyanese. This is equivalent to approximately 40 Guyanese being directly employed by the...
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Guyana to host major petroleum summit in November

OilNOW -
Guyana is set to host a major petroleum summit before the year ends, which organizers say will open strategic dialogue and place the South American country as a favorable and pro-business destination. The inaugural Guyana International Petroleum Business Summit &...
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Berbice businesses talk local content

OilNOW -
As stakeholder engagements on Guyana’s draft Local Content Policy Framework continue around the South American country, members of the Chambers of Commerce of Berbice got an opportunity to voice their concerns to author of the document, Trinidadian consultant Anthony...
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Exxon, El Dorado pushing “paid training” for Guyanese students

OilNOW -
US super-major ExxonMobil and manpower provider, El Dorado Offshore (EDO), have embarked on a programme to provide paid training to Guyanese students, in oil and gas. In August, four students selected from the Government Technical Institute (GTI) boarded a plane...
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Guyana Energy Conference launches essay competition for high schoolers

The Guyana Energy Conference and Supply Chain Expo (GECSCE) has launched its first-ever essay competition, open to Guyanese students...

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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