News

News

Report: Guyana’s deepwater areas will remain competitive, despite changes to fiscal terms

OilNOW -
Guyana's deepwater investment climate is expected to remain regionally competitive over the next five years, despite the South American country's plans to adjust its upstream fiscal regime and to establish a national oil company (NOC). A report released on May...
News

Guyana determined to move ahead with ICJ proceedings

OilNOW -
Guyana intends to forge ahead with proceedings filed at the International Court of Justice over a border controversy with neighbouring Venezuela despite a statement from that country’s government on Monday indicating that it will not take part in the...
News

Venezuela says it will not participate in ICJ proceedings

OilNOW -
Venezuela made it known on Monday that it will not be taking part in the proceedings at the International Court of Justice initiated by Guyana over a border controversy spanning several decades. A Communique issued by the Venezuelan government states...
News

Uruguay and oil hopes: a permanent bidding round scheme, after failure of latest auction

OilNOW -
(MercoPress) Uruguay will move towards a permanent offer process for offshore oil blocks as other Latin American countries have done, after an April auction failed to attract bids, Industry, Energy and Mining Minister Carolina Cosse said in an interview. Uruguay...
News

St Vincent feeling squeeze of US sanctions on Venezuela

OilNOW -
(CMC) — Prime Minister Ralph Gonsalves says he has received no indication that the State-owned oil and natural gas company, Petróleos de Venezuela (PDVSA) in Venezuela has suspended fuel shipments to St Vincent and the Grenadines under the PetroCaribe agreement. He,...
News

New Guyanese recruitment firm eyeing opportunities in O&G

OilNOW -
100% Guyanese-owned Strategic Recruitment Solutions (SRS) is gearing up to offer a range of manpower services with special focus on the South American country’s emerging oil and gas sector. Through an “ethics first” approach the company is aiming to be...
News

CDC confirms small traces of gas detected in Diamond eruption

OilNOW -
Initial tests conducted on Friday morning at a property at Sixth Avenue, Diamond, East Bank, Demerara, Guyana, where an eruption of muddy substance occurred on Thursday, have shown a small concentration of hydrogen sulfide and methane gas. Director General (ag)...
News

Guyana at heart of regional deep water province – Ramnarine

OilNOW -
In what is being described as the emergence of a regional deep water province, former Trinidad and Tobago Minister of Energy and Energy Affairs, Kevin Ramnarine, believes that Guyana lies at the heart of this petroleum-rich geological system. After Tullow...
News

Fmr CXC Registrar calls for overhaul of curriculum to cater for O&G

OilNOW -
Senior Assistant Registrar (retired) for the Caribbean Examinations Council (CXC), Dr. Gordon Harewood, said Guyana is on the verge of exciting times in the history of the country. Speaking at a workshop for Senior Education Officials on curriculum review at...
News

Global oil and gas explorers hope for brighter future – Wood Mackenzie

OilNOW -
The global oil and gas exploration sector has emerged from the downturn, leaner and keener than before, said Dr. Andrew Latham, vice-president for global exploration at Wood Mackenzie, during the annual European Association of Geoscientists and Engineers (EAGE) Conference. According...
1...859860861...978Page 860 of 978

Latest News

NewsOilNOW -

Offshore Frontier Solutions wins contract for ExxonMobil’s Hammerhead FPSO in Guyana

Offshore Frontier Solutions Pte. Ltd. (OFS), a joint venture between MODEC Inc. and Toyo Engineering Corporation, has secured a...

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