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Guyana produced over 90 million barrels of oil in first eight months of 2023

Kemol King -
ExxonMobil’s Stabroek Block projects have produced approximately 91 million barrels of crude, according to data from the Ministry of Natural Resources’ Petroleum Management Programme. Average output for the year is approximately 377,850 barrels per day (bpd). Liza 2, in...
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Exxon seeking firms to provide air quality, ocean current monitoring services

OilNOW -
In two public requests for information, ExxonMobil Guyana Limited said it plans to put agreements in place to provide ocean current monitoring services and air quality monitoring stations.  As such, suitable firms are being sought.  Firstly, Exxon said it needs five...
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Idiotic to say Exxon’s offshore operations responsible for heat wave – Guyana VP

OilNOW -
Though it is a well-established fact that El Nino, a natural climatic phenomenon, is contributing to higher temperatures in many parts of the world, some critics of oil and gas are blaming it on ExxonMobil’s operations located more than...
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Qatari Emir breaks ground on North Field expansion project 

OilNOW -
Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, laid the foundation stone of the North Field expansion project, which will raise the State of Qatar's LNG production capacity from the current 77 million tons per...
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Guyana may use bridge financing until US EXIM Bank loan comes in for Gas-to-Energy project

OilNOW -
The Gas-to-Energy project, a critical development in Guyana, is steadily advancing. Amidst this progress, Guyana’s Vice President, Dr. Bharrat Jagdeo, has mentioned the possibility of using bridge financing to sustain the project until the awaited loan from the United...
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ExxonMobil not inclined to purchase Guyana’s carbon credits – Jagdeo

OilNOW -
Guyana Vice President Dr. Bharrat Jagdeo has revealed that ExxonMobil has shown no interest in purchasing Guyana’s carbon credits. When questioned on the issue, Jagdeo remarked, “We raised this matter with them. They have not been positively inclined to...
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Baker Hughes secures major LNG contract with Venture Global

OilNOW -
Baker Hughes, a leader in energy technology, has clinched a substantial contract to furnish a modularised liquefied natural gas (LNG) system and power island. This contract, which will be recorded in Q3 2023, stems from an expanded master equipment...
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Guyana’s oil boom examined in Harvard International Review

OilNOW -
A recent Harvard International Review journal entry by William Mao has shed light on the potential for Guyana to harness its newfound oil wealth for sustainable development. While concerns loom over the challenges posed by the oil boom, Mao’s...
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Guyana’s Bureau of Statistics to launch nationwide economic survey in October

OilNOW -
Guyana’s Bureau of Statistics is set to commence a National Economic Survey starting from Wednesday, October 11, 2023. This survey is projected to span over two months, with its primary objective being to extract detailed data from businesses dispersed...
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EMGL seeks deepwater ROV support for key offshore operations in Guyana

OilNOW -
ExxonMobil Guyana Limited (EMGL) has made a public Request for Information (RFI), inviting proposals for Deepwater Subsea Remote Operated Vehicle (ROV) services to support its operations in the Stabroek Block, Guyana. EMGL has played a pivotal role in the country's...
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Exxon hits 900,000 barrels of oil per day in Guyana as Yellowtail reaches full capacity

ExxonMobil Guyana today announced that the country’s daily oil production has reached a new milestone of 900,000 barrels per...

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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