News

News

Lone company submits bid to prepare Guyana’s third EITI report

OilNOW -
BDO LLP, a consultant firm based in the United Kingdom, is the only company to successfully submit a tender to prepare Guyana’s third Extractive Industries Transparency Initiative (EITI) report. This consultant’s tender was opened on Tuesday at the National Procurement...
News

Guyana oil will find its way to market one way or another – IHS Markit Analysts

OilNOW -
Despite the challenges of the COVID-19 pandemic and growing pains related to oil production in a new area, analysts say Guyana offshore activities will remain robust and continue to grow. Speaking on a podcast focusing on upstream developments offshore Guyana...
News

Exxon to provide over GY$400 million to support government audits for Payara project

OilNOW -
According to the Payara Petroleum Production Licence, ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) is expected to provide Guyana with US$400,000 (GY$82,800,000) annually for five consecutive years to support independent audits to be carried out by the...
News

Crude oil futures stable to higher

OilNOW -
(S&P Global Platts) Crude oil futures were stable to higher during mid-morning trade in Asia trade Sept. 23 amid supply constraints and a draw in US crude stocks. At 10:10 am Singapore time (0210 GMT), the ICE November Brent futures...
News

Some Guyana wells at ‘bleeding edge of technology’ – Rystad Energy

OilNOW -
Drilling a well thousands of meters below the surface guided by data analysis is never a guarantee that large volumes of hydrocarbons will be found, which has so far been the case with prospects drilled outside of Guyana’s prolific...
News

Rome court says no to extradition of Venezuela ex-oil czar

OilNOW -
(AP) — A Rome court has rejected a request by Venezuela to extradite its former oil czar to face corruption charges, citing the country’s record in violating human rights, his Italian lawyer said Monday. Rafael Ramirez, the longtime head of...
News

Guyana President, OAS Secretary General discuss Venezuela border controversy

OilNOW -
President of Guyana Dr. Mohamed Irfaan Ali and several members of his government met with the Secretary-General of the Organization of American States (OAS), Mr. Luis Almagro on Tuesday. The Office of the President in Guyana said a number of...
News

Oil producers Guyana and Ghana agree to enhance collaboration

OilNOW -
Guyana’s President, Dr. Mohamed Irfaan Ali and his Ghanaian counterpart, Nana Addo Dankwa Akufo-Addo held discussions on Tuesday and agreed to work closer together. According to a press release from the Office of the President, high on the agenda is...
News

Driller with most rigs offshore Guyana seeking services from local contractors

OilNOW -
Noble Drilling is seeking multiple services in the new oil producing country of Guyana where it is operating four of the six rigs on contract with oil major ExxonMobil. The company has put out Expressions of Interest (EOI) for Ground...
News

Guyana launches new EITI multi-stakeholder group

OilNOW -
Guyana's Ministry of Natural Resources appointed a new 12-member multi-stakeholder group (MSG) on Monday to oversee the implementation of the country's obligations to the Extractive Industries Transparency Initiative (EITI). It is the second such appointment since the country joined the...
1...530531532...1,028Page 531 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