News

News

Over 600 students converge at National Sports Hall for SBM Offshore Guyana’s Mousetrap Competition 

Shikema Dey -
Energy filled the National Sports Hall as teams from 12 secondary schools across Guyana competed on Thursday for first place at the 3rd Guyana-Monaco Mousetrap Car Grand Prix competition, the largest ever since its inception.  Paramakatoi Secondary, Abram Zuil Secondary...
News

Gas-to-Energy power plant to start operations by November 1 – Prime Minister

OilNOW -
Guyana's highly anticipated 300 megawatts (MW) Gas-to-Energy power plant will start operations on November 1. During a recent parliamentary hearing, Prime Minister Mark Phillips said, “the first of November, the simple cycle will be on stream for the Gas-to-Energy...
News

Guyana aiming to welcome more oil players as country on verge of becoming one of the region’s biggest producers

OilNOW -
The impending entry of more major oil companies into Guyana’s oil basin has been met with enthusiasm, with Natural Resources Minister Vickram Bharrat deeming it a welcome development for the nation’s growing energy industry. “The talks between Total, Qatar and...
News

‘Stronger Together’ – President Ali urges regional unity as Suriname prepares for offshore oil boom

OilNOW -
As Suriname embarks on its journey to the global energy stage, Guyanese President Dr. Irfaan Ali has assured its neighbor to the east it does not have to “stand on its own.” He believes regional cooperation could be the...
Exploration

Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

OilNOW -
High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to 69 in 2024. In this regard, South America could see 17 of these wells being drilled, making it the busiest...
News

Suriname must reject complacency as it prepares for first offshore oil development – Santokhi

OilNOW -
Suriname’s President Chandrikapersad Santokhi says the country must reject complacency and a culture that tolerates mistakes as it prepares for its first offshore oil development. “As a nation, we must reject the mentality that accepts mistakes and shortfalls as usual,”...
News

Staatsolie seeking US$250 million through bonds for Gran Morgu development 

OilNOW -
Suriname state oil company Staatsolie has launched a bond to come up with “at least” US$250 million and EURO 50 million for its participation in the TotalEnergies-led Gran Morgu development in Block 58.  The company stated that the bond will...
News

Ruling issued on Gas-to-Energy project dispute

OilNOW -
A ruling has been issued in the dispute between the Government of Guyana and Gas-to-Energy contractor, Lindsayca/CH4. The matter was referred to the Dispute Avoidance and Adjudication Board (DAAB) on September 19, 2024. In a statement on Monday, the Office...
News

Baker Hughes awarded supply contract by ExxonMobil for Guyana FPSOs 

OilNOW -
ExxonMobil Guyana has awarded a contract to energy technology company Baker Hughes to supply specialty chemicals and related services to its Uaru and Whiptail offshore greenfield developments in Guyana’s Stabroek block.  Baker Hughes said the multiyear contract includes all topsides,...
News

Petrobras closes 2024 with 11.4 billion of proven reserves 

OilNOW -
Petrobras ended 2024 with a proven reserve of oil, condensate, and natural gas estimated at 11.4 billion, according to the Securities and Exchange Commission (SEC) regulations.  Of the total, 85% account for oil and condensate while the remaining 15% accounts...
1...636465...1,017Page 64 of 1,017

Latest News

NewsOilNOW -

Ali names 25-member cabinet; Vickram Bharrat back at oil ministry

President Irfaan Ali of Guyana unveiled 25 ministerial Cabinet appointees on Saturday evening, as the government embarks on its...

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