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Trinidad Energy Chamber gunning for investment incentives in upcoming TT budget

OilNOW -
In the wake of a series of recent positive developments in the Trinidad & Tobago energy sector, the Energy Chamber of Trinidad and Tobago (ECTT) is keenly awaiting the upcoming national budget set to be announced on Monday, October...
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Guyana police issues apology after shadow oil minister gets barred from travel to Washington

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The Guyana Police Force (GPF) has issued an apology after David Patterson, Member of Parliament (MP) for Guyana and the country's shadow oil minister, was prevented from leaving Guyana to attend a meeting with the Black Congressional Caucus on...
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Guyana rejects Venezuela’s attempt to sideline World Court in favour of direct talks

OilNOW -
In a stern response to Venezuela’s latest attempt to bypass the International Court of Justice (ICJ), Guyana’s Permanent Representative to the United Nations, Ambassador Carolyn Rodrigues-Birkett, defended her country's position on the longstanding border controversy between the two nations....
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Hart Group-BDO Guyana hired to prepare Guyana’s 2021 EITI report

OilNOW -
Guyana's Minister of Natural Resources, Vickram Bharrat, and Permanent Secretary, Joslyn McKenzie, have met with Hart Group and BDO Guyana. Spearheaded by David Quinn of Hart Group and Rakesh Latchana of BDO Guyana, the joint venture has been appointed...
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Woodside hires KBR to modify Pluto LNG Train

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KBR announced today that it has been awarded an engineering, procurement and construction management (EPCm) contract by Woodside Energy, as operator for and on behalf of the Pluto Joint Venture.   Woodside has a 90% stake, while Kansai Electric and Tokyo...
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Recovered Stabroek Block expenses exceed US$14 billion at H1, 2023

Kemol King -
ExxonMobil, Hess and CNOOC, have reached a significant cost recovery milestone as they develop the immensely lucrative Stabroek Block. As of the first half of 2023, the Stabroek Block partners have successfully recovered over US$14 billion in investments. This...
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Guyana to weigh local auditors’ contribution before next Exxon audit phase

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Guyana's government is taking a contemplative approach to future audits of Exxon's costs. Vice President Dr. Bharrat Jagdeo recently revealed that the administration is awaiting conclusions from the 2018-2020 cost audit before deciding on the path forward for subsequent...
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Two Guyanese nationals off to Massachusetts on Noble scholarships

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Two deserving students, Dianna Persaud and Kavita Singh, have embarked on their higher education dreams at the Massachusetts Maritime Academy, a public university located in Buzzards Bay, Massachusetts. Noble Corporation, a critical drilling company for Exxon’s Guyana operations, has...
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Bp, Subsea Integration Alliance pave way for enhanced project performance

OilNOW -
Subsea Integration Alliance (SIA), a strategic global partnership between Subsea7 and OneSubsea™, has entered into a memorandum of understanding (MoU) with oil giant, bp. This MoU, announced by Subsea7, aims to create a foundational agreement to streamline integrated subsea...
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GYSBI awards 11 technical scholarships out of 300 Guyanese applicants

OilNOW -
Guyana Shore Base Inc. (GYSBI) said eleven students drawn from eight regions across Guyana are the inaugural recipients of its new technical scholarship programme, which was launched in July. The students are Venola Allen from Warapoka Village, Region One, and...
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Guyana’s power demand hits record high at 221.3 megawatts 

Guyana has recorded its highest-ever electricity demand this year, with peak consumption reaching 221.3 megawatts (MW) in September. 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.

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