News

Guyana looking to get highest value for its share of oil – Trotman

When oil production begins in Guyana in 2020, the South American country will be looking to get the highest value for its share of oil says Minister of Natural Resources, Raphael Trotman. In a recent interview with OilNOW, Mr. Trotman...

Hess named to Dow Jones Sustainability Index

Hess has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the eighth consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a reference by shareholders...

Guyana disaster response unit to receive oil spill training

The Civil Defence Commission (CDC) in Guyana is expected to benefit from a series of training opportunities to better respond to disasters in the emerging oil and gas industry, such as oil spills. This was disclosed by the country’s Minister...

Oil edges up as Saudi discusses oil supply cut extension

(Reuters) - Oil prices edged up on Monday after the Saudi oil minister discussed the possible extension of a pact to cut global oil supplies beyond March 2018 with his Venezuelan and Kazakh counterparts. The news of the talks on...

Norway goes to the polls in ‘election thriller’

(Aljazeera) Polling stations opened across Norway on Monday as the oil-rich nation votes for its next four years of government. The election, which has been labelled the "biggest election thriller in many decades" by national media, will see Prime Minister...

Fmr President says disclosing petroleum contract will not jeopardize national security

Former President of Guyana and current Leader of the Opposition, Bharrat Jagdeo, is of the view that public disclosure of the petroleum contract with US super-major ExxonMobil will not jeopardize the South American country’s national security. The agreement, signed on June...

Local content must be clearly defined, should take effect from exploration stage – GCCI

The Georgetown Chamber of Commerce and Industry (GCCI) is calling for a clear definition of “local content” and believes this should take effect as early as the exploration stage, in Guyana's oil and gas sector. GCCI, which represents 180 private sector...

Private sector group wants Guyana government to explain how it will use oil money

The head of a body representing private sector interest in Guyana believes that the country’s government should already have a plan in place on how revenues from the oil and gas industry will be utilized. In an interview on Thursday...

More Guyanese companies competing for contracts in oil & gas

Interest among Guyanese companies looking to benefit from opportunities in the oil and gas industry has grown immensely in the two years since ExxonMobil announced its world-class Liza discovery offshore the South American country. ExxonMobil’s Senior Director, Public and Government...

25 Canadian organisations for Guyana O&G trade mission

The High Commission of Canada is collaborating with the Newfoundland and Labrador Oil and Gas Industry Association (NOIA) and GOINVEST to bring a Canadian oil and gas trade mission of approximately 25 entities from Canada's offshore oil and gas...

Latest News

Ministry of Labour conducts OSH inspection on Liza Unity FPSO

Guyana’s Ministry of Labour's Occupational Safety and Health (OSH) Department conducted a detailed inspection aboard the Liza Unity floating,...