News

News

Guyana shortlists three out of 25 bidders for crude marketing deal

OilNOW -
Guyana has narrowed down the list of potential partners for its crude marketing contract, selecting three contenders from a pool of 25 bidders. The country's Vice President, Dr. Bharrat Jagdeo, provided insights into the ongoing selection process and the...
News

Eni and Kaieteur block operator Ratio win six gas blocks offshore Israel

OilNOW -
Italian supermajor Eni S.p.a, in partnership with Ratio Energies and Dana Petroleum, was recently awarded six licenses to explore for gas offshore Israel. According to Israel’s Ministry of Energy and Infrastructure, the trio won six licenses for blocks in Zone...
News

Indar to meet with City Chamber on power outages, energy plans

OilNOW -
Deodat Indar, who serves as Minister within the Ministry of Public Works in Guyana, is set to address members of the Georgetown Chamber of Commerce and Industry (GCCI) on the operations of the Guyana Power and Light (GPL). The...
News

Public input being invited for finalization of strategy to monetize Guyana’s gas reserves

OilNOW -
As Guyana looks to monetize its gas resources, now estimated to be around 17 trillion cubic feet, the government has released a “discussion paper” for citizens to review and provide input. This will form the basis for finalization of...
News

Local content development fund in the works to help emerging businesses in oil and gas sector – Pres. Ali

OilNOW -
President of Guyana, Dr. Mohamed Irfaan Ali, announced Monday, October 30, that a local content development fund will be established as a means of helping businesses to find start-up capital to compete in industries, such as the oil and...
News

World Court schedules Nov. 14 hearings to consider measures on controversial Venezuela referendum

OilNOW -
The International Court of Justice, otherwise called the World Court, has scheduled public hearings for Tuesday, November 14, 2023, at the Peace Palace in The Hague, the seat of the Court.  The overarching case under contention is the question of...
News

‘Oil man’ Ayuk says ‘produce every drop you can find’

OilNOW -
In dialogue at the AfriCaribbean Trade and Investment Forum held in Georgetown, Guyana, NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), urged Guyana to fully produce its hydrocarbon resources. The context of his comment was a...
News

Guyana not responding to Venezuela’s jingoism on border controversy – Jagdeo

OilNOW -
Guyana’s Vice President, Bharrat Jagdeo has made it clear that the country will refrain from responding to the aggressive posturing of top Venezuelan government officials.  “We are not going to be responding on a daily basis to jingoism…the belligerent language...
News

Who will supply Suriname’s first FPSO: Modec or SBM Offshore? 

OilNOW -
As TotalEnergies prepares for its inaugural offshore development venture in Suriname, the competition intensifies between SBM Offshore and MODEC to secure the contract for the project's 200,000 barrels-per-day production vessel. In anticipation of the bidding process, both contractors have initiated...
Discoveries

Petronas, Exxon hit oil jackpot with second discovery at Block 52 offshore Suriname

OilNOW -
Petronas Suriname has announced a major oil discovery at the Roystonea-1 exploration well in block 52.  The successful drilling, carried out in an offshore location about 185 kilometers from the coast and at a water depth of 904 meters, has...
1...180181182...997Page 181 of 997

Latest News

NewsOilNOW -

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.

Quick Access

Company Info

Social Networks