News

News

SRSGY, TOTALTEC team up to push O&G capacity building for Guyanese

OilNOW -
TOTALTEC Academy commenced its first Slinger/Banksman Safety and Operational training to the oil and gas industry in Guyana. The academy commenced the training with 23 Strategic Recruitment Solutions Inc. maritime personnel. The International Petroleum and Maritime Academy (IPMA), with whom...
News

Tullow farms into Comoros

OilNOW -
Tullow Oil plc which has a 60% working interest in the Orinduik block offshore Guyana, announced on Thursday that it has agreed with Discover Exploration Ltd to farm into Blocks 35, 36 and 37, offshore the Union of the...
News

Scotiabank Exit: with coming oil bonanza ‘no reasonable int’l business would want to stay out’ – Jordan

OilNOW -
Guyana's Finance Minister, Winston Jordan says at a time when the South American country is set to benefit immensely from oil production revenue and the associated business opportunities the industry brings, 'no reasonable int'l business would want to stay...
News

Eco Atlantic ‘fully funded to drill’ with completion of Total farm-out in Guyana

OilNOW -
Eco (Atlantic) Oil & Gas Ltd which has licenses in highly prospective regions offshore Guyana and Namibia, announced on Thursday the completion of its Farm-Out Agreement with Total Petroleum's subsidiary Total E&P Activités Pétrolières on Eco's Orinduik block, offshore...
News

Guyanese Trade Mission “encouraged” by discussions in Aberdeen

OilNOW -
One day into a trade mission to Europe’s Energy Capital, Aberdeen, several companies expressed interests in partnering with Guyanese businesses in the emerging Oil and Gas industry. Guyanese High Commissioner to the UK, Frederick Hamley Case and his British counterpart...
News

‘Long-lasting’ relationship being forged between Guyana and North Sea

OilNOW -
(Energy Voice) Diplomats yesterday praised the “long-lasting relationship” being forged between Aberdeen and the South American nation of Guyana, while on a trade mission to the city. The Guyanese ambassador to the UK, Frederick Hamley Case and the British high...
News

Deepwater CAPEX to hit US$60B by 2022: Guyana among countries pushing rise

OilNOW -
South American emerging oil and gas powerhouse, Guyana, is listed among a handful of countries pushing a rise in annual deepwater capital expenditure. In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following...
News

Multi-stakeholder committee to monitor oil revenues – Jordan

OilNOW -
The Guyana Government has committed to setting up a body to monitor the management of proceeds generated from the emerging Oil and Gas Industry. The Public Accountability and Oversight Committee is being facilitated under the recently tabled Natural Resources...
News

38.5 billion earmarked for infrastructure development ahead of first oil

OilNOW -
Guyana’s Finance Minister, Winston Jordan, announced on Monday that 38.5 billion Guyana dollars – around US$183M – has been earmarked for major infrastructure development works in the South American country ahead of first oil in 2020. Mr. Jordan said this...
News

Oil halts slide near $51 as concerns persist over supply glut

OilNOW -
(Bloomberg) Oil traded near $51 a barrel on concerns record output by Saudi Arabia will exacerbate a supply glut as President Donald Trump continues to call for lower prices. Futures in New York halted a decline, after slumping 7.7 percent...
1...810811812...971Page 811 of 971

Latest News

NewsOilNOW -

Guyana continues to defy expectations, says U.S. market intelligence firm

Americas Market Intelligence (AMI) has once again placed Guyana in a category of its own, labeling it as “great”...

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