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SBM Offshore kicks off topsides construction for Liza Destiny FPSO

OilNOW -
SBM Offshore today announced that the first-steel cut event has officially started for the construction of the topsides for the Liza Floating, Production, Storage and Offloading (FPSO) vessel project at the Dyna-Mac yard. According to SMB, this phase, in parallel...
News

‘Guyana will not make the same mistake as others’ assures Business Minister

OilNOW -
Guyana continues to press ahead with development of its emerging oil and gas industry and the country’s Business Minister is adamant that government is fully capable of effectively managing this new sector. “There is a lot of angst perhaps within...
News

Siemens looking for investment opportunities in Guyana O&G sector

OilNOW -
Siemens – a global technology company providing oil and gas services – is looking to explore investment opportunities in Guyana’s emerging petroleum sector. The South American country’s Minister of Natural Resources, Raphael Trotman, made the disclosure at a media engagement on...
News

Guyana ‘sweet crude’ revives dreams in once thriving Bauxite town

OilNOW -
A number of persons in the mining town of Linden in Guyana on Friday benefited from training to help build their capacity in the oil and gas industry. ExxonMobil’s Centre for Local Business Development (CLBD), in its bid to...
News

Exxon will begin new drilling foray at Pacora prospect in Guyana this week

OilNOW -
ExxonMobil Guyana is set to continue its search for more oil off the coast of the South American country this week in a new foray at the Pacora prospect located some 4 miles from the Payara discovery. A notice published...
News

Public engagement underway for Liza Phase 2 environmental authorization

OilNOW -
Officials from ExxonMobil Guyana were part of a team that recently met with stakeholders in Regions Five and Six for discussions on the impact of a potential Liza Phase 2 Development project. This Public Scoping Mission is being hosted in...
News

GIPEX will play key role in showcasing Guyana – Exxon Country Manager

OilNOW -
Strategic Partner of the Inaugural Guyana International Petroleum Business Summit and Exhibition (GIPEX) - ExxonMobil Guyana - expects the event to play a key role in showcasing the South American Country of 750,000 people. Speaking at the official launch of...
News

Guyana could increase financial support to CARICOM from oil revenues – VP Greenidge

OilNOW -
The Caribbean Community (CARICOM) has not formally approached the Guyana Government regarding its increased contribution to the regional 13 member bloc of nations in light of its imminent influx of revenues from its oil and gas industry set to...
Exploration

ExxonMobil signs deal for deepwater oil exploration off Ghana

OilNOW -
(Reuters) - Exxon Mobil Corp signed a deal with Ghana on Thursday to explore for oil in the Deepwater Cape Three Point offshore (DWCTP) oilfield. The signing followed direct negotiations between Ghana and Exxon Mobil without an open competitive tender...
News

GIPEX 2018 Launched: Major players in the O&G industry slated to participate

OilNOW -
Guyana will next month host a number of the world’s largest petroleum companies as the South American nation prepares to run its inaugural Guyana International Petroleum Business Summit and Exhibition (GIPEX) 2018. Built as the premier confab to promote the networking...
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Exxon to relinquish 9% of Stabroek Block acreage

ExxonMobil will relinquish at least 9% of the vast Stabroek Block in Guyana as required by its petroleum agreement,...

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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