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Exploration

Noble will begin Liza campaign in 2018 – ExxonMobil Guyana

OilNOW -
ExxonMobil Guyana has confirmed that Noble Corporation has been contracted by the US super-major for an offshore campaign in the Stabroek Block, located 120 miles offshore the South American country. The 2013-built Noble Bob Douglas drillship will commence operations at...
News

Guyana submits application for EITI candidacy

OilNOW -
Guyana officially submitted its candidature application to the International Secretariat of the Extractive Industries Transparency Initiative (EITI) in Oslo, Norway, on Friday. The application was submitted by Minister of Natural Resources, Raphael Trotman, in the presence of members of...
News

Interest from UK companies in Guyana “gone through the roof” – High Commissioner

OilNOW -
There has been a notable increase in the interest shown by companies in the United Kingdom (UK) to invest in Guyana since the arrival of the oil and gas sector. This was disclosed by British High Commissioner to Guyana,...
News

More interest groups tour ExxonMobil Centre for Local Business Development

OilNOW -
Members of the Guyana Oil and Gas Association (GOGA) were given a tour of ExxonMobil's Centre for Local Business Development (CLBD) on Wednesday, as part of a series of familiarization visits the Centre has organized for Guyanese interest groups. Giving...
News

Investors moving ahead with plans for “GY$100 per share” modular refinery

OilNOW -
Investors are moving ahead with plans to set up a modular oil refinery in Guyana with an initial capacity of 6,000 barrels per day and shares available locally at 100 Guyana dollars each. The key stakeholder behind this project is...
News

Manufacturing group tours ExxonMobil business development centre

OilNOW -
Officials from the Guyana Manufacturing and Services Association (GMSA) on Tuesday were given a tour of the ExxonMobil Centre for Local Business Development, located on South Road, Georgetown, Guyana. President of GMSA, Shyam Nokta, in brief remarks said the manufacturing...
Production

Liza Phase 1 Development Fact Sheet

OilNOW -
The Government of Guyana announced on June 15, 2017 that it had approved the ExxonMobil Liza Phase 1 development plan and had issued a Production License to the company. ExxonMobil outlines the Liza Phase 1 project development description as follows: ...
News

Oil to Soil: O&G services company farms into agriculture

OilNOW -
A company specializing in the provision of manpower resources and a range of other services to the oil and gas industry is investing big in agriculture development in Guyana. The JSL International Group of Companies has to date invested a...
News

No basis for renegotiating ExxonMobil contract says Guyana’s Finance Minister

OilNOW -
Guyana’s Minister of Finance, Winston Jordan, says there is absolutely no basis for a renegotiation of the contract between the country and US super-major ExxonMobil, for oil production set to begin in 2020. The South American country is expected to...
News

Liza Phase 2 targeted for 2023; proposed natural gas project being discussed

OilNOW -
The ExxonMobil Liza Phase 2 development project in Guyana could start as early as 2023, following the commencement of Phase 1 scheduled for mid-2020 which will bring first oil for the South American country. Discussions are also ongoing for a...
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Latest News

NewsKemol King -

Authorities say CGX has been treated fairly, insist no dispute exists with company

There is no dispute between CGX Energy and the Guyana government, the country's Minister of Natural Resources, Vickram Bharrat,...

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