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First, security. Now, human rights: Guyana scores seat on hemispheric commission

OilNOW -
Guyana, a rising player on the global stage, has secured yet another significant position in international bodies. Guyanese National Dr. Christopher Arif Bulkan was elected as a Commissioner on the Inter-American Commission on Human Rights (IACHR), marking the first...
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Other countries auctioning blocks don’t have record of discoveries like Guyana – Jagdeo

OilNOW -
Vice President Dr. Bharrat Jagdeo said Thursday that companies interested in Guyana’s offshore licensing round will not be deterred by its postponement. He recently announced a one-month postponement to facilitate the update of Guyana’s outdated oil laws.  “We have enormous...
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Proposed law could see Guyana auctioning off carbon storage blocks

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Guyana’s new draft Petroleum Activities Bill includes a framework to allow for the regulation of underground carbon storage.  The Minister with responsibility for Petroleum would have the power to grant rights for prospecting for and exploration of underground carbon dioxide...
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South America’s oil industry faces high labour demand as operations expand

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More oil and gas development means more workers needed - 30,000 by 2024, according to Rystad Energy’s estimates, a significant increase from previous years. And this is just for South America’s operations and maintenance (O&M) workforce.  The Norway-based independent research...
News

Guyanese Architecture students’ eco-friendly boarding school design to be used in French Guiana

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Guyana’s team emerged victorious and walked away with the top prizes at the 2023 Concours d’Architecture International held recently in French Guiana - a competition that encourages students to be innovative and offer environmentally and socially sustainable project designs...
News

Hess, Guyana honoured for pioneering sustainable energy solutions at AIEN Awards

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Hess Corporation, together with the Government of Guyana, earned the annual Energy Transition Initiative Award from the Association of International Energy Negotiators (AIEN) for leadership in creating a sustainable energy future. The award presentation described a landmark Carbon Credits Purchase...
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SBM Offshore eyes US$37M in contracts, over 700 training hours for Guyanese 

OilNOW -
SBM Offshore Guyana’s recent Vendor Day activity saw a commitment of over 700 hours of training and US$37 million in contracts for local suppliers.  The company met with 70 representatives of local businesses at the event, which is an integral...
Exploration

Full gas potential of Stabroek Block will be tested over next four years

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ExxonMobil Guyana is expected to test the gas potential of the Stabroek Block with the aim of having such resources potentially underpin an independent project.  During a recent energy conference, Chief Executive Officer of Hess Corporation, John Hess said the...
News

Ntokon Niger Delta find potentially biggest in a decade – WoodMac

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In a significant development for Nigeria's oil industry, TotalEnergies, in collaboration with NNPC Limited, has made a momentous shallow water discovery at Ntokon in the Niger Delta. Gail Anderson, director of upstream research at Wood Mackenzie, hailed it as...
News

Highest to date: Liza field output was 11.6 million barrels in May 2023

Kemol King -
ExxonMobil’s Liza projects produced 11.6 million barrels of crude in May, at 374,450 barrels per day (bpd). This was constituted by production of 4.8 million barrels at Liza Phase 1, and 4.8 million barrels at Phase 2.  May output also...
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Tourism minister calls for cultural shift, stronger service standards to power Guyana’s next economic phase

Tourism, Industry, and Commerce Minister Susan Rodrigues has called for a national cultural transformation to align with Guyana’s rapid...

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