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Puran Bros bid for GY$659 million Haags Bosch expansion contract

OilNOW -
Guyana’s Ministry of Local Government and Regional Development is gearing up to construct a third cell at the Haags Bosch Sanitary Landfill, the largest waste repository in the South American country. Puran Brothers Disposal, Inc. has placed a competitive bid...
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Nigeria’s Oando PLC to acquire NAOC from Eni

OilNOW -
Italian energy giant Eni has declared the signing of an agreement to sell its wholly-owned subsidiary, Nigerian Agip Oil Company Ltd (NAOC Ltd), to Oando PLC. Oando PLC, an energy solutions provider, is prominently listed on both the Nigerian...
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Oceaneering gets contract for jumper, subsea field development installation in Stabroek Block

OilNOW -
Oceaneering International, Inc. has announced the successful acquisition of two international contracts through its Offshore Projects Group (OPG) segment, boasting a total combined value exceeding US$100 million. Oceaneering has been awarded a project in the Stabroek block, offshore Guyana. The...
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Public meetings on Whiptail EIA begin on September 12

OilNOW -
ExxonMobil Guyana Limited has announced a series of public meetings to discuss the Whiptail Development Project planned for the Stabroek block. The initiative aims to familiarise the public with the Environmental Impact Assessment (EIA) and the Environmental Impact Statement...
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Beware of scams: SBM Offshore cautions against misuse of its business identity

OilNOW -
SBM Offshore has issued a cautionary advisory to the public regarding deceptive activities carried out under its name by an unauthorised organisation. SBM Offshore, known for its commitment to safety and consumer protection, uncovered an alarming case in which...
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ExxonMobil’s Global Outlook : Oil and gas vital in meeting world’s energy needs through 2050

OilNOW -
In ExxonMobil's recently released "Global Outlook: Our view to 2050" report, a compelling narrative emerges: oil and natural gas are not fading into obsolescence in the world's energy mix. Instead, they are poised to remain indispensable, constituting more than...
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Geo-Expro explores potential, challenges in Guyana-Suriname Basin in new report

OilNOW -
GEO ExPro - a geoscientist peer magazine focused on the energy sector from a subsurface perspective - released a new report that examined in part, the geological opportunities and risks of the Guyana-Suriname Basin. The section on Guyana was...
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Brazil’s Petrobras strengthens ties with China with new planned subsidiary

OilNOW -
Petrobras has announced plans to establish a Chinese subsidiary. This move, according to Chief Executive Jean-Paul Prates, aims to rejuvenate relations with China, which had cooled during the tenure of former Brazilian President Jair Bolsonaro.  Petrobras intends to launch its...
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Hinterland students to benefit from education programme about Guyana’s sacred Barima Mora Passage

OilNOW -
In an initiative to promote the sustainable use and management of the Barima-Mora Passage, ten hinterland schools in Region One are set to benefit from an Education and Awareness Programme. This passage, revered for its biodiversity, is home to...
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Stabroek Block supplied 12 million crude barrels to market in July

Kemol King -
In July 2023, the Liza projects at Guyana's Stabroek Block continued to demonstrate reliable production. An analysis of data supplied by the Ministry of Natural Resources shows that the projects collectively averaged 387,620 barrels per day (bpd) in July,...
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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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