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Sensitization of citizens will ensure nation “continues to speak with one voice”  – Prof. Kirton 

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The sensitization of citizens in Guyana will ensure the nation continues to speak with one voice on the ongoing Venezuela border controversy. So says international relations expert, Professor Raymond Mark Kirton.  “Perhaps the most important approach to be enhanced by...
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Shell Egypt discovers gas reservoir in Mediterranean exploration campaign 

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Shell Egypt announced the successful completion of drilling its initial well, Mina West, a win in its three-well exploration campaign in the North East El-Amriya block, situated in the Mediterranean Sea. The drilling operation uncovered a gas-bearing reservoir, Shell...
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Bajan opposition leader slams Mottley over stance on Guyana-Venezuela controversy

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The Democratic Labour Party (DLP) has sharply criticized Barbadian Prime Minister Mia Mottley's administration for its perceived lack of support towards Guyana amidst Venezuela's claim on the Essequibo region.  Dr. Ronnie Yearwood, leader of the DLP, condemned the Barbadian government's...
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Stena DrillMax targeting Basher-1 in new Exxon campaign off Guyana coast

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ExxonMobil has begun targeting the Basher-1 well in the Stabroek block, the company confirmed to OilNOW.  According to details provided by the Maritime Administration Department (MARAD), ExxonMobil has commenced drilling the Basher-1 well using the Stena DrillMax. Basher-1 represents one of...
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Rowleys says dialogue ought to be response to “difficulties” in Guyana, Venezuela border controversy

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Trinidad and Tobago Prime Minister, Dr. Keith Rowley believes that in the face of rising tensions surrounding the border controversy between Guyana and Venezuela, “dialogue” ought to be the response. He relayed this position on November 20 during a...
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TotalEnergies exits Canadian oil sands

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TotalEnergies announced on Nov. 20 that it has completed the sale of shares of TotalEnergies EP Canada Ltd. to Suncor. The sale comprises TotalEnergies’ participation in the Fort Hills oil sands asset in Alberta and associated midstream commitments. The consideration...
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Guyana surpasses 100 million barrels of oil production in first nine months of 2023

Kemol King -
For the period January to September 2023, ExxonMobil produced over 102 million barrels of crude offshore Guyana. Two floating production, storage and offloading (FPSO) vessels operating in the Liza field hit the milestone together - Liza Destiny produced nearly...
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Regulator says impact studies not needed for eight solar farms earmarked for Guyana coast

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Guyana’s Environmental Protection Agency (EPA), in a November 20 notice, announced that eight proposed solar farms, collectively expected to generate 33MWp, are exempt from the requirement of environmental impact assessments (EIA) in their environmental authorization processes. The farms will...
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Subsea7 to decommission subsea infrastructure in the Campos basin for Shell

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Subsea7 said it was awarded a sizeable contract by Shell for the decommissioning of subsea infrastructure in the Campos basin offshore Brazil, in a November 20 update.  Subsea7 awarded major contract amendment for Petrobras’ Mero 4 field development  | OilNOW Subsea7’s...
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Stabroek COVs could exceed 2024 well projection with Chevron’s takeover of Hess – Deakin

OilNOW -
Chevron’s recent takeover of Hess has major implications for Guyana’s oil industry and its blossoming economy, according to Americas Market Intelligence (AMI) Director of Energy Practice, Arthur Deakin. For instance, Deakin foresees an uptick in the wells planned for...
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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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