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Guyanese invited to share views on landmark Petroleum Bill

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Authorities in Guyana are inviting members of the public to share their views on the Petroleum Commission of Guyana Bill 2017, to help aid in the work of a Parliamentary Special Select Committee currently studying the proposed legislation. Clerk of...
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OilNOW EXCLUSIVE: Learn more about what TechnipFMC is undertaking offshore Guyana

OilNOW -
TechnipFMC has been awarded three contracts by ExxonMobil for development of the Liza field offshore Guyana. Carlos Latorre, International Service Manager, spoke exclusively with OilNOW and had this to say... https://www.youtube.com/watch?v=fWMCjZv075Q    
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Trump threatens “strong and swift economic actions” against Venezuela

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(Reuters) - U.S. President Donald Trump threatened on Monday to take "strong and swift economic actions" if Venezuelan President Nicolas Maduro goes ahead with plans to create a super-legislature known as a Constituent Assembly in a July 30 vote. "Yesterday,...
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EITI will allow Guyanese to know what revenues are being collected – Repsol Country Manager

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Exploration Country Manager of Repsol Exploration Guyana S.A. Ryan Ramjit, believes that while the Extractive Industries Transparency Initiative (EITI) is “no silver bullet” it is extremely important for enhancing transparency and accountability. He was speaking on Saturday July 15, 2017...
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Guyana signs onto OPEC fund

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Guyana’s private sector is set to benefit from new avenues for finance and investments with the signing of an Agreement for Encouragement and Protection of Investment with the OPEC Fund for International Development (OFID). The country’s Minister of Finance, Winston...
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Excitement high as 2nd batch of Guyanese workers head out to Stena Drillship

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Excitement was high on Saturday at the head office of El Dorado Offshore (EDO) in Georgetown, as another batch of Guyanese workers prepared for the 120-mile journey offshore to the Stena Carron Drillship. Stena has selected 12 Guyanese nationals through...
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Trotman says Guyana is “right on target” with preparation for first oil

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“We are not in a sprint, we are in a marathon” were the words echoed by Guyana’s Minister of Natural Resources, Raphael Trotman, at the opening of ExxonMobil’s Centre for Local Business Development on Thursday. The US supermajor’s Country...
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ExxonMobil opens ‘100% Guyanese outfitted’ business development centre

OilNOW -
US supermajor ExxonMobil officially declared open its Centre for Local Business Development in Georgetown, Guyana, on Thursday. This new facility will assist small and medium-sized Guyanese businesses with building their capacity and improving their competitiveness in the oil and...
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TechnipFMC says it has aggressive local content policy, “big plans for Guyana”

OilNOW -
TechnipFMC, a leading provider of oil and gas projects, technologies, systems and services, says it has an aggressive local content policy and “big plans for Guyana” as it moves forward with development work offshore the South American country. The...
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Premier makes significant oil discovery offshore Mexico

OilNOW -
Premier Oil, together with its joint venture partners Talos Energy (Operator) and Sierra Oil & Gas, announced Wednesday that the Zama-1 exploration well in Block 7, offshore Mexico, has made a world class oil discovery. The Zama-1 well is...
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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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