News

News

Drilling deeper Guyana wells at Stabroek Block a key objective for Hess this year

OilNOW -
A key drilling objective for Hess corporation in 2021 in Guyana's offshore Stabroek Block is probing deeper geologic intervals where its partnership has now made four well penetrations, the company's top executives said on April 28. Uaru-2, the most recent...
News

Officials in South America’s newest multi-billion-barrel oil & gas basin advancing discussions

OilNOW -
A delegation from Guyana is currently in neighbouring Suriname to further discuss advancing areas of cooperation through the Strategic Dialogue and Cooperation Platform (SCDP). Guyana’s Ministry of Foreign Affairs said on Sunday the working visit serves to further streamline...
News

Halliburton collaborates with University of Guyana to launch Drilling Fluids Lab

OilNOW -
Several hundred students in the University of Guyana’s (UG) Petroleum Chemical, Mechanical and Mining Engineering programmes will benefit from an enhanced practical experience with the commissioning of a MUD lab. The University of Guyana, in collaboration with Halliburton -...
News

Opening ceremony for Saipem construction facility in Guyana now set for June

OilNOW -
Italian oilfield services company Saipem has confirmed that it will be moving forward with the opening ceremony of its Offshore Construction Facility in the new oil producing country of Guyana next month. The opening, originally scheduled for May, was...
News

Guyana government taps diaspora to boost new oil-driven economy

OilNOW -
Guyana President, Dr. Irfaan Ali led his government in hosting the inaugural virtual diaspora conference on Saturday, during which he called on diaspora communities to assist the government in the crafting of its multi-sectoral development plan. Engagement with Guyanese communities...
News

For 36 days of flaring, Exxon will pay Guyana around US$1.3M – VP Jagdeo

OilNOW -
Guyana’s Vice President Dr. Bharrat Jagdeo says ExxonMobil will pay the Government around US$1.3M for 36 days of flaring at the Liza Phase 1 Development operations, in keeping with new measures implemented by the Environmental Protection Agency (EPA). During a...
News

Guyana Vice President says government will not participate in GIPEX

OilNOW -
The Government of Guyana will not participate in the third annual Guyana International Petroleum Business Summit and Exhibition (GIPEX) due to the involvement of Valiant Business Media, the organiser. “Once this Valiant is organizing it, we will not participate,”...
News

Carbon pricing benchmark utilized to determine Exxon’s flaring payment — EPA

OilNOW -
Guyana’s Environmental Protection Agency (EPA) recently revealed that it had utilized a carbon pricing benchmark to determine the US$30 per tonne of carbon dioxide equivalent (CO2e) payment which ExxonMobil will make for flaring offshore at its Liza Phase 1...
News

Local companies ink deal to serve Guyana, Suriname upstream sector

OilNOW -
Local companies are positioning themselves to reap the benefits from Guyana’s burgeoning petroleum sector, even extending their reach to neighboring Suriname. The latest to do this is Demerara Contractors and Engineers Limited (DCEL) and AGT Energy Group Inc. (AGT). The...
News

Guyana team clinches 2nd place in Peterson’s annual safety awards

OilNOW -
Energy logistics and supply chain solutions company Peterson says the performance of its Guyana team was exemplary in 2020, registering zero recordable incidents and pushing it to second place in the company’s annual safety awards. “Cheers to our well-deserving Guyana...
1...565566567...1,017Page 566 of 1,017

Latest News

NewsOilNOW -

Guyana’s power demand hits record high at 221.3 megawatts 

Guyana has recorded its highest-ever electricity demand this year, with peak consumption reaching 221.3 megawatts (MW) in September. The...

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