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Noble rig conducting operations at Payara as first oil nears

OilNOW -
Development drilling operations remain in high gear at ExxonMobil’s latest project off the Guyana coast, set to come online later this year. The Noble Bob Douglas will conduct activities which will conclude on August 31, according to a notice from...
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Gas-to-Energy Task Force Head condemns ‘obstructionist’ lawsuit against project

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Head of Guyana’s Gas-to-Energy Task Force, Winston Brassington, has urged Guyana’s Supreme Court to dismiss a lawsuit against the Gas-to-Energy project, arguing that it is obstructionist. The lawsuit concerns the issuance of an environmental permit by the Environmental Protection Agency...
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Dutch maritime giant now part of massive Suriname Port project

OilNOW -
Van Oord Dredging and Marine Contractors B.V., has joined Phoenix Development Company and Suriname’s Port Management Company, N.V. Havenbeheer to build a mega deepwater facility – Port of Nickerie – in Suriname. The partnership will integrate green energy, sustainable transport...
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Oil companies in breakthrough plastic recycling achievement for MENA region

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In a landmark achievement for the Middle East and North Africa (MENA) region, energy giants TotalEnergies, Aramco and SABIC have successfully processed oil from plastic waste at scale to make circular polymers certified by the International Sustainability and Carbon...
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GO-Invest to lead Guyana delegation to 9th India-LAC Conclave

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Dr. Peter Ramsaroop, Chief Investment Officer and Head of the Guyana Office for Investment (Go-Invest) is set to lead a robust delegation to the ninth India-Latin America and Caribbean (LAC) Conclave on the 3rd and 4th of August 2023...
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Tullow hikes production 50% at Ghana’s Jubilee field

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Tullow Oil announced a significant increase in production at Ghana's Jubilee field following the successful start-up of the Jubilee South East (JSE) project.  The company's gross production from the field has surpassed 100,000 barrels of oil per day (bopd) after...
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Guyana barrels reviving Latin America’s oil production

Shikema Dey -
‘Likkle but you tallawah’ is a common patois saying for things that should not be underestimated. And Guyana falls right into that category. The South American nation is shedding its newcomer status to the global oil industry, having entered...
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Is OPEC courting Brazil? Secretary-General to visit South America’s biggest oil producer

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Haitham Al Ghais, Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC) is set to visit South America’s largest oil producer - Brazil, according to Petrobras.  The invite was extended by Petrobras’ Chief Executive Officer (CEO) Jean Paul Prates, after...
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Despite push for renewables, oil remains leading investment sector in Latin America, Caribbean – ECLAC report

OilNOW -
Oil’s importance continues to be seen as it remains a leading sector in terms of future investment prospects in Latin America and the Caribbean, notwithstanding the worldwide push for renewables. This point was underscored in a recent report by...
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UPDATED: Guyana’s meteoric rise mirrors 20th century economic boom of Saudi Arabia, Venezuela – historian

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Historian of oil, modern Iran, and United States foreign policy, Dr. Gregory Brew says Guyana’s quick movement up the geopolitical pecking order bears stark parallels to two other oil-rich nations when their economic booms began in the 20th century –...
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Guyana Electric boosts grid reliability with specialized high-voltage training

Guyana Electric has launched specialized training courses in medium and high-voltage cable terminations and joints, aimed at improving installation...

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