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EPA uses meticulous screening process to determine if projects require EIA – Executive Director

OilNOW -
Head of Guyana's Environmental Protection Agency (EPA), Kemraj Parsram says the regulatory body has a meticulous screening process in place which allows for the accurate determination of when certain projects would require an Environmental Impact Assessment (EIA). Parsram’s comments came...
News

Venezuela gov’t & opposition unite around claims over Guyana’s territory at Mexico talks

OilNOW -
The Venezuelan government and its political opposition found limited areas of agreement during a second round of negotiations in Mexico aimed at achieving broad U.S. sanctions relief. But the two sides did reach consensus on a territorial claim with...
News

ExxonMobil to certify natural gas, help customers meet environmental goals

OilNOW -
ExxonMobil has signed an agreement with an independent validator, non-profit MiQ, to begin the certification process for natural gas produced at its Permian Basin facilities at Poker Lake, New Mexico. Certified natural gas validates emissions reduction efforts and helps...
Exploration

Exxon targeting 2022 start-up for major 12-well campaign at Canje Block

OilNOW -
ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. (EEPGL) has submitted a Project Summary to the Environmental Protection Agency (EPA) in Guyana for its 12-well exploration and appraisal campaign on the 26,806 km2 Canje Block. Pending approval, drilling operations...
News

Guyana has sold over 7 million barrels of oil since production started

OilNOW -
On July 3, 2021, the Guyana government sold its 7th oil cargo when just over 1 million barrels of crude were lifted from the Liza Destiny FPSO. Since production began on December 20, 2019, the government has marketed 7.056...
News

EPA developing policy to govern use of dispersants during oil spill

OilNOW -
Head of Guyana’s Environmental Protection Agency (EPA), Kemraj Parsram has disclosed that efforts are afoot to draft an overarching policy on the use of dispersants in the oil sector. Dispersants are chemicals that are sprayed on a surface oil slick...
News

80% of remaining deepwater oil resources in the world will come from just five countries – WoodMac

OilNOW -
Traditionally, analysts often assess oil resources based on generalities or broad assumptions. However, consultancy group Wood Mackenzie says when trying to understand where to get more oil, precision is key. The upstream industry remains active and must fill the 450...
News

Billions being spent with Guyanese suppliers even as stakeholders continue push for local content legislation

OilNOW -
As authorities in Guyana forge ahead with the finalization of a local content development framework, the largest oil and gas company operating in the country says it remains committed to building local capacity since it sees this as the...
News

Saudi Arabia slashes crude prices to Asia

OilNOW -
(Reuters) - Saudi Arabia, the world's top oil exporter, slashed prices of all crude grades to Asian customers in October versus September, but left prices to northwestern Europe and the United States steady. The deep price cuts come as lockdowns...
News

Contractors being sought to paint ExxonMobil office complex in Guyana

OilNOW -
Suppliers, Contractors and Specialist Sub-contractors are being invited to submit an Expression of Interest (EOI) for painting services for ExxonMobil’s 15-acre campus located in Ogle on the outskirts of Georgetown, Guyana. Nabi/KCL Oilfield Construction Services Guyana has secured the contract...
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Dredging in Demerara Channel to continue through 2025

The Maritime Administration Department (MARAD) announced that dredging works will continue in the Demerara Main Ship Channel and off...

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