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Guyanese analyst launches podcast on Essequibo controversy

OilNOW -
Sara Bharrat, a governance and political analyst, recently launched "Border Watch Guyana," a podcast about the Guyana-Venezuela border controversy. This initiative is aimed at educating citizens, regional neighbors, and the international community about the escalating controversy from a Guyanese...
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Van Oord contracted for wind projects in Baltic Sea and Taiwan, valued over €500 million

OilNOW -
Van Oord has secured contracts for two major offshore wind projects: Baltic Power in the Baltic Sea and Greater Changhua 2b and 4 in Taiwan, with a combined value exceeding €500 million. The developments could provide clean energy to...
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European trade mission coming to scout opportunities in Guyana as a regional hub

OilNOW -
The European Union (EU) is setting its sights on Guyana with an economic trade mission slated for November 20-22, 2023. The mission's core agenda is to explore and foster investment opportunities for EU companies in Guyana, showcasing the nation...
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Maduro’s main presidential challenger prefers World Court process to resolve Essequibo controversy

Kemol King -
María Corina Machado, the presidential candidate of Venezuela's main opposition coalition, has urged the government to adhere to the process at the International Court of Justice (ICJ) to resolve the Essequibo territorial controversy with Guyana. Speaking to publication EFE,...
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Avoid actions that would extend Guyana/Venezuela territorial controversy, UN Secretary General says

OilNOW -
The United Nations Secretary-General, António Guterres, is closely observing the escalating tension between Guyana and Venezuela regarding their border controversy. Stéphane Dujarric, the spokesperson for the Secretary-General, expressed in a recent statement that the Secretary-General is concerned about the...
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We decided to forego experience so locals could participate in bid round – Guyana VP  

OilNOW -
Guyana’s Vice President Dr. Bharrat Jagdeo told reporters on Thursday that the government was intent on ensuring Guyanese could participate in the country’s maiden bid round and this resulted in a decision being made to forego the requirement of...
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Prosperity FPSO delivery, Whiptail contract among highlights of SBM Offshore’s third quarter report

OilNOW -
The on-time delivery of the Prosperity floating production, storage and offloading (FPSO) vessel and the award of a new front-end engineering and design (FEED) contract for the Whiptail development project are among the key accomplishments noted by SBM Offshore...
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Blue Water Shipping successfully manages arrival of largest cargo ship in Guyana

OilNOW -
In a landmark achievement for Guyana's port infrastructure, Blue Water Shipping Guyana orchestrated the arrival of the MV Virtuous Striker, the largest cargo ship to ever dock in the Demerara River.  The vessel, boasting an impressive length of 190 meters,...
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Despite saying ICJ has no jurisdiction, Venezuela now set to participate in upcoming hearings on referendum

OilNOW -
Despite the Nicolas Maduro regime in Venezuela doubling down just days ago on its position that the International Court of Justice (ICJ) does not have jurisdiction on matters relating to the territorial controversy with Guyana, it will now participate...
News

ExxonMobil completes US$1.26 billion purchase of Liza Unity FPSO

OilNOW -
ExxonMobil Guyana and SBM Offshore have completed the transaction related to the purchase of the Liza Unity floating production, storage and offloading (FPSO), just months ahead of the end of the maximum lease term, in February 2024. Announcing the completion,...
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Energy InsightsChevy Devonish -

The Oil Pollution Prevention, Preparedness Response and Responsibility Act: Liability 

In my last piece, I gave an overview of Guyana’s new Oil Pollution Prevention, Preparedness Response and Responsibility Act...

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