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Dozens gather in Georgetown for first glimpse of ‘light sweet’ Liza Crude

OilNOW -
Guyanese onshore will now have an opportunity to see first-hand a sample of the black gold being produced 120 miles off of its coast that is set to change the course of the South American country’s history. The Department of...
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“Don’t spend money you don’t have’ warns oil expert

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Guyana, now poised to be the biggest per capita oil producer in the world in coming years, has a unique opportunity having now entered the oil and gas industry, to learn from the multitude of mistakes made by other...
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OPEC names Guyana in ‘growing supply threat from rivals’ forecast

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The Organization of Petroleum Exporting Countries (OPEC) in its latest forecast points to a weaker outlook for global oil markets this year as surging supplies from competitors from Norway to Guyana threaten the group’s efforts to defend crude prices. In...
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Brazil’s Petrobras closes $1.5 billion deal to sell stake in African joint venture

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(Reuters) - Brazil’s state-controlled oil company Petroleo Brasileiro SA said on Tuesday it had ended its activities in Africa after closing the sale of a 50% stake in Petrobras Oil & Gas BV (PO&GBV), which holds some Nigerian oil...
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First sample of Liza crude tested by Guyanese technician

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The first drop of oil to be taken from the Liza field was received and tested by a young Guyanese technician on board the country’s first floating oil production complex spread moored at the 6.6 million acres Stabroek Block. For...
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Suriname refinery to shut down for 40 days

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Suriname state oil company Staatsolie Maatschappij will undertake a major maintenance operation at its Tout Lui Faut Refinery, located 20km south of Paramaribo in February that will see the facility shutting down for 40 days. All production units with their...
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Tullow Oil ‘high-grading’ Cretaceous portfolio across Kanuku, Orinduik blocks

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Tullow Oil says the fundamentals of its business remain intact and the company is confident of the long-term potential of its portfolio which includes exploration acreage offshore the South American country of Guyana where 3 discoveries have been made. Tullow...
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Giant Liza Phase 2 project among top 15 approved worldwide for 2019 – Rystad Energy

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Energy sector analyst Rystad Energy has ranked the Liza Phase 2 development at the 6.6 million acres Stabroek Block offshore Guyana as being among the top 15 approved offshore projects in the world for 2019 in terms of capital...
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More time granted to Tullow for drill or drop decision on Jamaica exploration

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United Oil & Gas PLC said Tuesday that the Production Sharing Agreement on the Walton Morant Basin offshore Jamaica, operated by Tullow Jamaica Ltd and in which United has a 20% interest, has been amended to extend the Initial Exploration Period during which...
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Jamaica trade mission heading to CARICOM’s newest oil producer this month

OilNOW -
A delegation of around 16 Jamaican companies will visit the South American country of Guyana this month in pursuit of mutually beneficial business opportunities between the CARICOM neighbours. The visit by the Jamaican delegation to the region’s newest oil producing...
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Letter-to-the-Editor: The Guyana Super League is redefining cricket in Guyana

As an aspiring cricketer and proud Guyanese, I’m excited to see how the Guyana Super League (GSL) is not...

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