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Brasington bids farewell to Guyana

OilNOW -
ExxonMobil Guyana Senior Director, Public and Government Affairs, Kimberly Brasington’s tenure will conclude at the end of June, after serving a period of three years in the position. She will be taking up a new portfolio in Houston, Texas. https://youtu.be/swGBO3_kJ7g Brasington...
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Guyana vows to honour ExxonMobil deal as countdown to first oil begins

OilNOW -
Speaking at a reception on Tuesday to mark the start of the development phase of Liza Phase 1 in Guyana, the country’s Minister of Natural Resources, Raphael Trotman, said responsible governments do not arbitrarily redefine contract terms with a company...
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Liza Phase 1 development progressing rapidly – ExxonMobil

OilNOW -
The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said on Tuesday. Development drilling began in May for the first of 17 wells planned for Phase 1, laying the foundation for production...
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Repsol, Total in US$324M deal with Algeria’s Sonatrach

OilNOW -
Algerian energy giant Sonatrach on Monday signed a contract worth 324 million U.S. dollars with France's Total and Spain's Repsol for the development of a gas field in the south of the country. Under the contract, Sonatrach holds a major...
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Support for fund to manage billions in oil revenue growing in Guyana – Commonwealth

OilNOW -
The Commonwealth, which has been playing an integral role in helping Guyana to create regulations, policies and legislation for its emerging petroleum industry says support for a fund to manage oil revenue has grown among key stakeholders in the...
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Guyana urged to avoid poor governance, bad investments of oil revenue

OilNOW -
The resource curse, sometimes referred to as the paradox of plenty, afflicts a number of resource-rich countries around the world, and with the coming of oil, Guyana is becoming increasingly aware of the dangers associated with this scourge. In addition...
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Roraima, PAL partner for O&G aerial surveillance services in Guyana

OilNOW -
Guyanese air services company Roraima Airways is partnering with PAL Aerospace, an international aerospace and defence company headquartered in Canada, for provision of a range of services in the oil and gas industry. PAL provides most of Canada’s maritime domain...
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Liza Destiny contractor ramping up human resources in Guyana

OilNOW -
ExxonMobil’s prime contractor SBM Offshore; the company that is building the Floating, Production, Storage and Offloading Vessel (FPSO) for oil production in Guyana, is looking to fill a number of positions as preparation for first oil gets underway. Through its...
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ExxonMobil adds more than 88,900 acres to deepwater holdings in Brazil

OilNOW -
ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning the Uirapuru exploration block with co-venturers Equinor and Petrogal Brasil during Brazil’s 4th pre-salt bid round. The block awarded adds about 88,900 net acres to the ExxonMobil portfolio, expanding the...
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Guyanese tech company catapulted to world stage after building ExxonMobil supplier portal

OilNOW -
Information and Communication Technology (ICT) company BrainStreet has been catapulted to the international arena after building the Supplier Registration Portal for ExxonMobil’s Centre for Local Business Development (CLBD) in Guyana. The 100% Guyanese owned company, in operation since 1994, took...
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TT Energy Chamber flags long-term decline despite short-term gains in oil production

The Energy Chamber of Trinidad and Tobago is urging serious reform in the country's energy sector following the release...

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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