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Equinor strengthens footing in Brazil with acquisition of Rio Energy

OilNOW -
Equinor has signed an agreement to acquire Rio Energy, a prominent onshore renewables company. The deal was formalised with Denham Capital, which will retain certain assets, while Equinor takes charge of the selected assets and the team. Pål Eitrheim, Equinor’s...
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OMNI Helicopters leverages ODITC facilities for SAR recruitment process

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ODITC, the collaborative venture of 3t EnerMech, Orinduik Development Incorporated, and Windsor Technologies, has opened its state-of-the-art assessment and training facilities to assist OMNI Helicopters with their local Search and Rescue (SAR) recruitment process. The ODITC Centre of Excellence Georgetown...
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Resilient developments in Brazil, Guyana, Norway helping accelerate global investment momentum – SLB

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International and offshore markets continue to showcase robust growth, outpacing North America's more moderated development, according to Olivier Le Peuch, CEO of SLB. He pointed out that these regions now make up nearly 80% of SLB's global portfolio, with...
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Government adamant borrowing is under control as opposition concerns mount  

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By 2028, Guyana projects that a year's oil revenue will be equivalent to almost its total outstanding debt. However, political opponents to the current administration have said the country's debt is mounting and this could impact its future prospects....
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Five EU countries agree to sponsor Guyana’s bid for visa-free Schengen travel – Ali

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Dr. Mohamed Irfaan Ali, President of Guyana, revealed that at least five European Union (EU) countries have agreed to sponsor Guyana's bid for visa-free travel to the Schengen area. The announcement was made during a media interaction at the...
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Authorities to meet East Bank residents on Gas-to-Energy project

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The Government of Guyana has issued a notice inviting residents of Friendship, East Bank Demerara, to attend a public consultation regarding the proposed Gas-to-Energy project. The meeting is scheduled to take place on Saturday, July 22, 2023, at 10:00hrs,...
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Exxon seeking local contractor to build access road for its new office complex in Guyana

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ExxonMobil Guyana is actively seeking the services of a Guyanese contractor for the construction of a critical access road to its Ogle operations centre, currently under construction. In a bid to streamline the selection process, the company has recently...
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Sierra Leone hoping to recreate Guyana’s exploration bounty

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Following remarkable successes in the deepwater plays of South America, Sierra Leone is hoping to mirror the fortunes of Guyana, aiming for an exploration boom in its prolific oil and gas fields. In recent years, the Guyana-Suriname basin has witnessed...
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Guyana going after visa-free travel to EU’s Schengen Area

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South America’s rising oil star, Guyana, is looking to secure visa-free travel to the European Schengen Area which comprises 27 countries that have officially abolished all passport and border control measures at their mutual borders. President, Dr. Mohamed Irfaan Ali,...
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Guyana Committee simulates fuel spill in Berbice River during Exercise Tradewinds 2023

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As part of the ongoing multi-disciplinary response exercise, EXERCISE TRADEWINDS 2023, a simulated oil spill activity was held on Tuesday in Region 6, Berbice. The simulation consisted of response and proactive phases towards a fictional scenario involving a fuel...
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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...

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