News

News

Contract for Yellowtail FDP review attracts companies from across the world

OilNOW -
Guyana’s National Procurement and Tender Administration Board (NPTAB) on Thursday received technical and financial proposals from around 12 companies from across the world, including one local firm, for the review and evaluation of the Field Development Plan (FDP) for...
News

Tristar appoints Joel Bhagwandin as Managing Director, says local content is key focus

OilNOW -
Tristar has appointed Joel Bhagwandin as its Managing Director. The company said Mr. Bhagwandin, who has held positions in banking and finance during his career in Guyana, is from the West Bank of Demerara which is the "fence line...
News

TotalEnergies exiting Myanmar as coup worsens

OilNOW -
Following the February 1, 2021, coup in Myanmar, TotalEnergies said it has firmly condemned on several occasions the abuses and human rights violations taking place there. The company said since then its decisions have been guided by clear principles:...
News

EPA amends Liza Phase Two Permit to include US$45 flaring payment

OilNOW -
With the Liza Phase Two Project scheduled for start-up this quarter, Guyana’s Environmental Protection Agency (EPA) has found it prudent to make some critical modifications to the permit issued to Operator, ExxonMobil. In the permit modified and signed on January...
Exploration

Exxon looking to hit pay at Patwa-1

OilNOW -
Patwa-1 is the latest prospect to be targeted by ExxonMobil at the Stabroek Block offshore Guyana where over 10 billion barrels of oil equivalent resources have already been found. OilNOW understands the Noble Sam Croft will be engaged in drilling...
News

Brazil, Suriname to cooperate on local content, renewable energy opportunities

OilNOW -
The historic meeting on Thursday between Heads of State for South America’s oil and gas producers, specifically President of the Republic of Suriname, H.E. Chandrikapersad Santokhi and President of the Federative Republic of Brazil, H.E. Jair Messias Bolsonaro, has...
News

Tristar to acquire additional 300 acres of land for major shorebase project in Guyana

OilNOW -
Guyanese company Tristar is in the process of acquiring an additional 300 acres of land in Versailles, West Bank Demerara. OilNOW understands the 300 acres will support the operations of the West Demerara Shorebase project with options for storage...
News

Gas-to-Power Project could change cement manufacturing economics for Guyana – Exxon

OilNOW -
While there are currently no cement manufacturing operations in Guyana due to the high cost of energy and other barriers, the imminent Gas-to-Power Project could soon change the economics for the country in this regard. This is according to ExxonMobil’s Comprehensive...
Exploration

Guyana-Suriname Upper Cretaceous play delivered the goods in 2021

OilNOW -
Frontier exploration drilling fell to its lowest level since 2008 with only 15 frontier wells being completed and only one making a potentially modest sized commercial discovery according to a report released this week by energy market research and...
News

Oil continues rally as Brent hits $88

OilNOW -
(Reuters) - Oil prices settled higher on Wednesday after a fire on a pipeline from Iraq to Turkey briefly stopped flows, increasing concerns about an already tight short-term supply outlook. Flows have resumed through the Kirkuk-Ceyhan pipeline that carries crude...
1...484485486...1,028Page 485 of 1,028

Latest News

Stories Beyond the BarrelShikema Dey -

The rise of Expro’s first Guyanese Field Service Supervisor, Norman Chapman 

When Norman Chapman joined Expro Guyana in 2018, then known as Frank’s International, he was one of just five...

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.

Quick Access

Company Info

Social Networks