Featured

Featured posts

News

Bristow cuts jobs due to oil & gas downturn

OilNOW -
Bristow Helicopters Limited is slashing more jobs as a result of “continued challenges” caused by the downturn of the oil and gas industry. Up to 15 Bristow Helicopters employees will be made redundant at bases in Aberdeen and Surrey,...
News

Guyana private sector adopts unified approach for oil & gas preparations

OilNOW -
A new approach adopted by groups representing Guyana’s business community coupled with recent statements from a key government official, have served to renew optimism at the level of the country’s private sector, in its approach to preparations for first...
News

Countrywide outreach on transparency in the extractive industry planned in Guyana

OilNOW -
The Guyana Extractive Industries Transparency Initiative (GYEITI) will be conducting a series of meetings across the country this month aimed at providing the public with information about EITI and how its implementation can benefit the South American country. With oil...
News

Guyanese abroad with knowledge in oil & gas urged to return home

OilNOW -
The Government of Guyana is appealing to Guyanese living abroad with knowledge and expertise in the oil and gas industry, to return home. Guyana’s Minister of Natural Resources, Raphael Trotman, said these persons are greatly needed to share their expertise in...
News

Saipem secures $500M in contracts, FPSO deployment

OilNOW -
Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for Engineering, Procurement, Construction, Installation (EPCI) activities and Trunklines & Installation (T&I) works in Saudi Arabia, under the Long-Term Agreement in force, renewed in 2015 until 2021. The...
News

“We are willing to learn, build capacity” for oil & gas – Guyanese manufacturing body

OilNOW -
The head of a body that represents manufacturers in Guyana says businesses are eager to learn and build capacity in order to capitalize on opportunities in the oil and gas sector. President of the Guyana Manufacturing and Services Association (GMSA)),...
News

Guyana not yet prepared to disclose identities of oil negotiators – State Minister

OilNOW -
The Guyanese public is no closer to knowing the full identities of those who have been negotiating terms and conditions on their behalf for development and production of offshore oil resources.  The country’s Minister of State, Joseph Harmon, told...
News

Head of Guyana regulatory body should be appointed through political consensus – IDB specialist

OilNOW -
As Guyana prepares to reap the benefits from oil production set to begin in 2020, a key Inter-American Development Bank (IDB) energy specialist working on the Extractive Industries Transparency Initiative (EITI) is warning the country to be mindful of expenditure...
News

Crude rises for sixth straight session

OilNOW -
(Reuters) Crude oil rose for a sixth straight session on Thursday to its highest since June 19 on a decline in US output, but ongoing worries about global oversupply continued to drag. US West Texas Intermediate crude had risen 28...
News

Guyana’s draft Sovereign Wealth Fund legislation to face public scrutiny – Finance Minister

OilNOW -
Guyanese will soon have an opportunity to scrutinize draft legislation being formulated for the establishment of a Sovereign Wealth Fund (SWF) that will play a major role in the management of significant revenues expected from oil production in the...
1...894895896...913Page 895 of 913

Latest News

NewsOilNOW -

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.

Quick Access

Company Info

Social Networks