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Incentives contained in ExxonMobil PSA not unique to Guyana – MNR

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The Ministry of Natural Resources on Tuesday urged that members of the media fraternity in Guyana acquaint themselves with industry specific knowledge and an understanding of the basic principles of contract regimes in oil and gas so that they...
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Telecoms Ministry sees ICT as catalyst to accelerate Guyana O&G growth

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Recognizing the role Information and Communication Technology (ICT) plays in development of a country, Guyana’s Ministry of Public Telecommunications believes that the agency has a critical role to play in supporting the country’s emerging oil and gas industry. Telecommunications Minister,...
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Tourism body retooling for expected increase in visitors fueled by oil production

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The Tourism and Hospitality Association of Guyana (THAG) is looking to promote cultural tourism as it gears up for the expected growth in the influx of visitors with the coming of oil production in 2020. President of THAG, Andrea de Caires,...
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ExxonMobil Guyana prepared to mitigate Liza Phase 2 potential environmental impacts

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ExxonMobil affiliate Esso Exploration and Production Guyana Limited’s (EEPGL) environmental consultant has assured that the company stands ready to mitigate any of the identified potential environmental impacts from the proposed Liza Phase 2 development, recently announced. The company in its...
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GYEITI ramps up efforts to ‘police’ Guyana O&G industry

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As the Guyana Government accelerates its preparations for first oil come 2020, the domestic branch of the International Extractive Industries Transparency Initiative (GYEITI) is ramping up its efforts to ensure greater public awareness and transparency in the country’s emerging...
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ExxonMobil named 2017 Explorer of the Year; Guyana discoveries boosted performance

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ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry. “This award is recognition of ExxonMobil’s successful efforts to strengthen our portfolio by accessing and...
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SBM Offshore kicks off topsides construction for Liza Destiny FPSO

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

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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...
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Siemens looking for investment opportunities in Guyana O&G sector

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

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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...
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French firm gets five-year tech support contract from ExxonMobil Guyana

French geophysical technology company Sercel announced on Tuesday that it has been awarded a five-year contract for technical support...

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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