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Ministry of Labour bolsters offshore safety credentials for certified officers for oil platforms 

OilNOW -
In a proactive move towards bolstering safety measures within the offshore oil sector, the Ministry of Labour proudly announced the certification of additional officers to work on floating production, storage, and offloading (FPSO) oil platforms operated by ExxonMobil Guyana.  According...
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Border controversy: Planning for all eventualities, Guyana to see visits from U.S. Department of Defence – VP 

OilNOW -
Guyana's Vice President, in a press conference on November 23, announced impending visits from U.S. Department of Defense officials next week, underscoring the country's commitment to exploring all options in the escalating controversy with neighboring Venezuela. With tensions mounting between...
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Petrobras unveils US$102 billion strategic plan, prioritizing O&G investments for energy transition 

OilNOW -
Petrobras, Brazil's state-owned oil and gas corporation, has revealed its strategic plan for the 2024-2028 period, highlighting a focus on oil and natural gas investments as drivers of growth. The plan, approved by Petrobras' board of directors on November...
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ExxonMobil initiates search for telecom cabling services in Guyana 

OilNOW -
ExxonMobil Guyana Limited (EMGL) has revealed plans to acquire telecom structured cabling system supply and installation services in Georgetown. The objective is to fortify its infrastructure in both existing and forthcoming facilities. EMGL has issued a Request for Information...
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Guyana crude blends capture bigger chunk of European market this year

OilNOW -
Driven by increased production by an ExxonMobil-led consortium operating off of its coast, and strong demand for light sweet crude grades, the South American country of Guyana has gained a larger share of Europe's oil market this year. Guyana's crude...
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“We never threatened the peace; Venezuela has been the aggressor” – Jagdeo

Shikema Dey -
Guyana’s Vice President Bharrat Jagdeo had cause to reiterate that it is Venezuela that has assumed an aggressive posture in its efforts to grab two-thirds of his country’s territory.  That retort was in response to those who have called on...
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Referendum on Essequibo “must be suspended” – Maduro’s main presidential challenger

OilNOW -
Nicolas Maduro’s main challenger in Venezuela's upcoming presidential elections, María Corina Machado has called for the suspension of the December 3 referendum on Guyana’s Essequibo region.  ...
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Petrobras, Shearwater forge alliance to transform seismic exploration 

OilNOW -
Brazilian oil giant Petrobras and Norwegian marine seismic services company Shearwater have announced a collaborative technology agreement aimed at reshaping seismic exploration and field developments. Described as a multi-year strategic partnership, the alliance seeks to propel the seismic industry to...
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Lack of financing poses greatest risk to Guyana’s local content development efforts, warns energy expert 

OilNOW -
Guyana faces a critical obstacle hindering the participation of local businesses in the country's local content development initiatives - the challenge of accessing crucial financing. This issue threatens to undermine the entire local content effort vital for the nation's...
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CARICOM should consider deploying a military observation mission to Guyana – Prof. Kirton

OilNOW -
In the midst of escalating tensions between Guyana and Venezuela, Professor Mark Kirton, an expert in International Relations, has emphasized the critical need for immediate regional and international support to safeguard Guyana's territorial integrity. Venezuela reinvigorated its claims to the...
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Dredging in Demerara Channel to continue through 2025

The Maritime Administration Department (MARAD) announced that dredging works will continue in the Demerara Main Ship Channel and off...

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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