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Guyana to resume national mangrove restoration project in low carbon push

OilNOW -
Being among the best natural carbon capture agents in the world, mangroves are an invaluable tool for any government in its quest to reduce a country’s carbon footprint. They can store three to four times more carbon than regular...
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Nothing in the world more exciting to work on than Guyana’s projects – Exxon Upstream President

Kemol King -
President of ExxonMobil Upstream Company, Liam Mallon, speaking at an event at State House in Georgetown on Thursday, said he is extremely proud of the work ExxonMobil has done in Guyana, and extremely hopeful for the future and the...
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Exxon searching for companies to construct Guyana’s first-ever oil and gas training institute

OilNOW -
ExxonMobil’s affiliate Esso Exploration and Production Guyana Limited (EEPGL), has commenced its procurement process for a contractor to construct the Guyana Technical Training Institute – the nation’s first state-of-the-art oil and gas training facility. In the request for information issued...
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New oil bounties in CARICOM warrant revised trade agreement – Economist

Shikema Dey -
Paramaribo, Suriname – Since the development of the CARICOM Single Market and Economy (CMSE) agreement, the Caribbean has changed. Massive oil and gas discoveries have been made. The Revised Treaty of Chaguaramas – the main pact establishing the Caribbean Community...
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City Chamber joins CARICOM business group for better Guyanese representation

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The Georgetown Chamber of Commerce and Industry (GCCI) has become a member of the CARICOM Private Sector Organization (CPSO), a service organization that mobilises and advances private sector participation within the Caribbean Community and Common Market (CARICOM).  The Chamber announced...
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Gap analysis needed to assess competencies of Suriname’s oil sector – T&T local content expert

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Head of Trinidad and Tobago’s Permanent Local Content Committee, Jemma Langley, Thursday advised Suriname to conduct a gap analysis. In the context of local content and the oil and gas sector, a gap analysis would measure the actual capacities and...
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With every question answered, Gas-to-Energy must now move forward – President Ali

OilNOW -
Promoting the upcoming Gas-to-Energy project, Guyana President Dr. Mohamed Irfaan Ali said the landmark energy initiative has undergone every single test of public scrutiny and passed. “As far as I’m aware, every single question has been provided with an answer...
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US$100M to be invested in international oil and gas institute – Guyana President

OilNOW -
Upskilling Guyanese to adequately service Guyana’s massively expanding oil and gas sector is a priority of the Dr. Mohamed Irfaan Ali-led government. In seeking to achieve this goal, President Ali announced Thursday that over US$100 million will be invested...
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Exxon selling Canada assets for US$1.47 billion

OilNOW -
ExxonMobil said it will be selling Canada assets later this year for a total cash consideration US$1.47 billion. Exxon’s affiliates in Canada, Imperial Oil and ExxonMobil Canada, entered into an agreement with Whitecap Resources Inc. for the sale of XTO...
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Refiners eye Guyana, Azerbaijan, Gabon for supplies

OilNOW -
India is facing severe pressure from triple-digit oil prices and a rising import bill which is prompting one of the world’s top three largest oil importers to look beyond traditional exporting regions, such as the Middle East, for term...
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Petronas adds Roystonea-2 to Suriname exploration campaign

PETRONAS has added the Roystonea-2 appraisal well to its exploration program in Block 52 offshore Suriname, according to Staatsolie. Staatsolie...

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