News

News

Guyana’s territory will never be platform for war, Ali tells CELAC Summit

OilNOW -
In an address at the VIII Summit of the Community of Latin American and Caribbean States (CELAC), held in St. Vincent and the Grenadines, Guyana's President, Dr. Mohamed Irfaan Ali, discussed the nation's commitment to peace and stability within...
News

Campaigners lose court bid to cancel Exxon’s Liza 1 environmental permit

OilNOW -
A High Court Judge in Guyana, Damone Younge, has ruled in favor of the Environmental Protection Agency (EPA) in a case concerning the renewal of the Environmental Permit related to the Liza 1 project.  According to an EPA release, the...
News

Hull reserved for Guyana’s Jaguar FPSO – Dutch shipbuilder

OilNOW -
Dutch shipbuilder, SBM Offshore, said it has reserved a multi-purpose floater hull for the Jaguar floating production, storage and offloading (FPSO) vessel it is expected to construct for ExxonMobil's sixth development offshore Guyana.  In its 2023 Annual Report, the company...
News

Guyana, Suriname, and Brazil pledge energy cooperation in trilateral declaration

OilNOW -
In a joint declaration issued after a trilateral working meeting, Presidents Dr. Mohamed Irfaan Ali of Guyana, Luiz Inácio Lula da Silva of Brazil, and Chandrikapersad Santokhi of Suriname expressed their commitment to strengthen energy cooperation among the three...
News

Exxon to continue pipelaying for Gas-to-Energy project with Tamuata, Stingray barges

OilNOW -
ExxonMobil Guyana is expected to continue with pipelaying activities from the West Coast of the Demerara River toward the Stabroek Block for the Gas-to-Energy project. Guyana’s Maritime Administration said in a notice that the shallow water pipelaying barges Stingray and...
News

Guyana will live with outcome of Exxon challenge to Chevron acquisition – Jagdeo

OilNOW -
Vice President of Guyana, Bharrat Jagdeo says the government “will live with” the result of the surprise challenge by ExxonMobil over Chevron's acquisition of Hess' stake in the Stabroek Block. Exxon and CNOOC are asserting the right of first...
News

SBM Offshore delivers record financial performance in 2023

OilNOW -
SBM Offshore announced on Feb. 29 that it delivered record level financial performance in 2023 with Directional Revenue of US$4.5 billion, over 38% above guidance. The company also maintained its future backlog at more than US$30 billion. “Over the past...
News

No reason to consider delays in Block 58 project – Staatsolie

Shikema Dey -
Staatsolie - Suriname’s state oil firm, sees no reason to delay the nation’s first offshore oil development. The project, to be sanctioned by TotalEnergies, has a price tag of US$9 billion.  TotalEnergies’ Chief Executive, Patrick Pouyanné had told investors on...
News

Guyana says use of Trinidad’s gas infrastructure depends on cost

OilNOW -
Vice President Bharrat Jagdeo sought to defend Guyana’s hesitation to utilize Trinidad and Tobago’s natural gas facilities to process Guyana’s gas, as calls came in for collaboration between the two countries.  Trinidad’s Prime Minister Keith Rowley and Energy Minister, Stuart...
News

CNOOC, Lindsayca/CH4, NRG Holdings among groups with proposals for Guyana gas infrastructure

OilNOW -
The Guyana government has received 17 proposals from companies/groups for the design, finance, construction, and operation of essential gas infrastructure to support offshore developments.  These include an affiliate of CNOOC (a Stabroek block partner), Lindsayca/CH4 (the group developing the Gas-to-Energy...
1...164165166...1,027Page 165 of 1,027

Latest News

NewsOilNOW -

Guyana among few countries in the world where investments in O&G exploration remain robust

While global oil and gas exploration has slowed dramatically over the past decade, Guyana stands as one of the...

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