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Ghana passes on key oil lessons, experiences to Guyana delegation

OilNOW -
Development experiences in local content and oil and gas legislation, as well as the best practices for the exploitation of hydrocarbons, were just some of the lessons that were passed on to Guyana's Vice President Dr. Bharrat Jagdeo by...
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Exxon submits environmental study for giant 20-year Yellowtail project

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ExxonMobil has submitted the Environmental Impact Assessment (EIA) and Environmental Impact Statement (EIS) to Guyana’s Environmental Protection Agency (EPA) for the giant 250,000 barrels per day Yellowtail Development Project which is expected to last for at least 20 years. The...
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With oil demand increasing, Guyana will not sit on its hands while Saudi Arabia, USA keep on pumping – Vice President

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Guyana’s Vice President, Dr. Bharrat Jagdeo believes it would be unwise for the South American country to scale back oil and gas exploration and production while nations such as Norway, Saudi Arabia and the USA continue to feed the...
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Draft Local Content Law: Guyanese suppliers to benefit from 152 oil sector services

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The Government of Guyana is already in the advanced stages of completing its draft Local Content Legislation which outlines a sliding scale of targets to be achieved by petroleum companies and their subcontractors. The document proposes that Guyanese should be...
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GYSBI to begin filling 150 positions by month-end – Liaison Officer

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Government Liaison Officer for the Guyana Shore Base Incorporated (GYSBI), Rabin Chandrapal, has disclosed that the hiring of locals will begin as soon as month-end following the conclusion of the company’s last career fair on October 16. As a local...
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10 solar farms underway for Guyana’s clean energy agenda

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Guyana has galvanized funding from various sources to finance the construction of 10 solar farms across the country, in keeping with the government’s plan to diversify its energy mix. Using part of the proceeds from an Inter-American Development Bank (IADB)...
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CNOOC sponsors 18 scholarships to upskill Guyanese in energy sector

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Given that the aim of the University of Guyana’s (UG) Institute for Energy Diplomacy (UGIED) is to deliver energy upskilling in line with local content requirements, CNOOC Petroleum Guyana (CPGL) is funding 18 scholarships for Professional Executive Energy Training. The...
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Investigation launched into former Finance Minister’s handling of US$18M signing bonus

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The actions of ex-Finance Minister Winston Jordan regarding the APNU+AFC government’s handling of the US$18 million signing bonus from ExxonMobil in 2016 is up for investigation according to Guyana’s Attorney General (AG) and Minister of Legal Affairs, Anil Nandlall,...
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Umbrella business group wants to be included on transparency forum

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The Private Sector Commission (PSC), Guyana’s largest umbrella organisation representing businesses across the country said it is disappointed that it was not included in the Guyana Extractive Industries Transparency Initiative (GYEITI) Multi-Stakeholder Group (MSG). In a letter seen by OilNOW,...
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Guyana’s 3rd oil production vessel enters dry dock in Singapore

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The massive hull for the Prosperity floating production storage and offloading (FPSO) vessel has entered drydock at the Keppel Shipyard in Singapore, SBM Offshore announced on Wednesday. The Prosperity is Guyana’s 3rd FPSO and will follow the Liza Unity which is...
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Exxon gives back portion of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the...

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