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Tullow hikes production 50% at Ghana’s Jubilee field

OilNOW -
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

OilNOW -
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

OilNOW -
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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Sloanea-1 find in Suriname’s Block 52 “promising” as gas development – Staatsolie Annual Report

OilNOW -
PETRONAS and ExxonMobil’s Sloanea-1 find in Suriname’s offshore Block 52 has “promising” potential to become a natural gas development, according to the state-owned oil company Staatsolie.  “Current models of the Guyana-Suriname Basin, as well as discoveries made to date, indicate...
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Hess awarded E&P Explorer of the Year for second consecutive year

OilNOW -
Energy company Hess has been named E&P Explorer of the Year for the second year in a row, as revealed in the 15th annual Wood Mackenzie exploration industry survey. Its Exploration Director, Tim Chapman made the announcement on July...
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TOTALTEC now 100% Guyanese, receives Local Content Certificate

OilNOW -
TOTALTEC Inc. has successfully transitioned to becoming a 100% Guyanese-owned company. CEO Lars Mangal recently announced this significant development, detailing the Guyanese founder’s acquisition of the entire share capital of TOTALTEC from its international, angel investors in May. This...
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Tullow, partners successfully start-up Jubilee South East project

OilNOW -
Tullow, alongside its joint venture partners Kosmos Energy, Ghana National Petroleum Corporation, Petro SA and Jubilee Oil Holdings, has announced the successful start-up of the Jubilee South East (JSE) Project, offshore Ghana. The first JSE production well has been brought...
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Mohameds deny allegations in Reuters report

OilNOW -
In the midst of a burgeoning controversy, Guyanese businessmen Nazar Mohamed and his son, Azruddin, partners in a multimillion-dollar venture to build ExxonMobil a shore base in Guyana, have refuted allegations of money laundering, drug trafficking, and gold smuggling....
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Guyanese-American welder returns home to train 500+ Guyanese for oil and gas jobs 

For Mohamed Ally, welding is more than sparks and steel; it is legacy work. After more than four decades...

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