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Baker Hughes plugging over US$8 million into Oilfield Service Facility in Guyana

OilNOW -
American international industrial service company, Baker Hughes, is moving to set up an Oilfield Service Facility at Land of Canaan on the East Bank of Demerara in Guyana, where it expects to provide employment for over 70 Guyanese during...
News

Corentyne River Bridge on agenda as Guyana President makes first state visit to Suriname

OilNOW -
Guyana’s President, Dr Mohamed Irfaan Ali, has arrived in Suriname for a state visit over the period November 23 to 26, during which time discussions will be held with President Chandrikapersad Santokhi to build on the issues advanced during...
News

ExxonMobil Guyana’s Deedra Moe takes up new position in Houston

OilNOW -
ExxonMobil Guyana Senior Director, Public and Government Affairs, Deedra Moe, will be departing the country soon to take up a new position in Houston in her home country of the Unites States. She will be succeeded by Karen Matusic,...
News

Houthis forces fired missile at Saudi Aramco oil site in Jeddah

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(Reuters) - Yemeni Houthi forces fired a missile that struck a Saudi Aramco oil company distribution station in Saudi Arabia’s Red Sea city of Jeddah, a Houthi military spokesman said on Monday. There was no immediate Saudi confirmation of the...
News

BP sells London headquarters for 250 million pounds

OilNOW -
(Reuters) - BP has agreed to sell its London headquarters for 250 million pounds, a spokesman said on Friday, the latest in a string of disposals as the British energy company shifts to low-carbon energy. BP also agreed to lease 1...
News

Staffing is now the focus for CGX deep water port facility in Guyana

OilNOW -
Grand Canal Industrial Estates Inc. (GCIE), a subsidiary of CGX Energy Inc., has begun seeking human resources personnel for its Berbice Deep Water Port facility, located in the new oil producing country of Guyana. In multiple advertisements in the local...
News

Suriname offshore breakeven expected to go down with more discoveries

OilNOW -
The projected breakeven price for development of oil fields offshore Suriname is expected to reduce in coming years as more discoveries are made, and production gets underway. So far, three discoveries have been made at Block 58, estimated to contain...
News

Outgoing head of Guyana’s Department of Energy says ‘still willing to serve’

OilNOW -
Character, integrity, perseverance and contentment--these are the qualities that outgoing Director of the Department of Energy, Dr. Mark Bynoe says are integral to his successor executing their duties within an agency that has played a critical role in the...
News

Guyana government intensifies call for oil not to be seen as the ‘only game in town’

OilNOW -
The Government of Guyana is continuing to place emphasis on the diversification of the economy as part of efforts to ensure the emerging oil and gas sector does not become the sole area of economic activity in the South...
Exploration

Stena Carron exits ‘deepest Guyana well’ for new drill campaign

OilNOW -
The drillship Stena Carron is set to depart the Tanager-1 well site in the Kaieteur block and will take up a new assignment at the Redtail area, back in the adjacent Stabroek block, for an exercise that is set...
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Exxon hits 900,000 barrels of oil per day in Guyana as Yellowtail reaches full capacity

ExxonMobil Guyana today announced that the country’s daily oil production has reached a new milestone of 900,000 barrels per...

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