News

News

Guyana signed MoUs before and there was no apocalypse – Foreign Minister

OilNOW -
Guyana’s Minister of Foreign Affairs, Carl Greenidge, said the Memorandum of Understanding to be signed between Guyana and its Trinidadian counterpart later this month will in no way adversely affect the country’s development, but rather strengthen it. Speaking at a...
News

Saipem America provides internship for Guyanese students

OilNOW -
Liza SURF contractor Saipem has collaborated with the University of Guyana and the Government Technical Institute to facilitate an internship programme for four Guyanese students in the United States of America. They will conduct their internship from September to...
News

SRS readies second batch of Guyanese recruits for oil and gas sector

OilNOW -
Strategic Recruitment Solutions Inc. (SRS) is moving to enlist a second batch of Guyanese for positions in the country’s emerging oil and gas sector. The Guyanese recruitment firm will be training the new batch of ten for positions that include...
News

Islamic Development Bank green-lights US$20M loan for power upgrade in Guyana

OilNOW -
Guyana has received approval from the Islamic Development Bank (IsDB) for a loan of US$20m for the Guyana Power and Light (GPL) Utility Upgrade Programme to effect a comprehensive turnaround of its electricity distribution. The South American country’s Ministry of...
News

Eni begins construction of hull for Coral South Floating LNG Unit

OilNOW -
Eni and its Area 4 partners held the “First Steel Cut” ceremony on September 6 at Geoje Island, South Korea, to mark the beginning of the construction of the Hull of Coral South’s Floating Liquefied Natural Gas (FLNG) vessel....
News

GOGEC welcomes closer cooperation with Trinidad

OilNOW -
The Guyana Oil & Gas Energy Chamber (GOGEC) said in a statement on Friday that it wishes to place on record that it supports closer co-operation and collaboration with Trinidad and Tobago and all other partners in Caricom. Responding to...
News

Majors ramping up oil hunt in Guyana-Suriname ‘mirror basin’

OilNOW -
As offshore exploration activities ramp up across the Guyana-Suriname basin, oil majors are also turning their attention to the opposite side of the Atlantic in a rush to tap into vast reserves. Bloomberg reports that the world’s biggest companies from Exxon...
News

GOGA, Marak set to stage 1st local content conference in Guyana

OilNOW -
Following the massive oil discoveries offshore Guyana, the Guyana Oil and Gas Association (GOGA) says the country has an opportunity to achieve a new path of sustainable economic growth and development; through applicable Local Content Policies and Strategies that...
News

Upfront $70 million for restart of St Croix refinery delayed

OilNOW -
Senators in the United States Virgin Islands are concerned that a sum of $70 million representing an upfront payment for restarting operations at the refinery at St Croix has not been made and there is uncertainty as to when...
News

Tullow Oil plans to drill first Guyana well in third quarter of 2019

OilNOW -
(Reuters) - Tullow Oil plans to drill its first well in the much-watched Guyana offshore basin in the third quarter of next year in its Orinduik license bordering discoveries by Exxon, a spokesman said on Wednesday. Exxon and U.S. partner...
1...839840841...982Page 840 of 982

Latest News

NewsOilNOW -

GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...

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