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“We have advisors…we may not be running around listing them” – Trotman

OilNOW -
Jones Day, an international law firm based in the United States, and a Norwegian law Firm, are among the team of experts hired by the Guyana government to advise on oil and gas. This is according to Guyana’s Minister...
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Specialized skills needed to combat oil & gas corruption – Fraud Expert

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Fraud Audits and Fraud Deterrence capabilities are necessary skills that should be invested in by the Government of Guyana as it continues its rapid push to build a successful oil and gas industry, based on transparency and accountability. This is...
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Guyana to sign onto OPEC fund

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Guyana will soon be signing onto the Organization of the Petroleum Exporting Countries (OPEC) Fund for International Development (OFID). The country’s Finance Minister, Winston Jordan, will be travelling to OPEC’s Headquarters in Vienna, Austria, on July 14 to sign the agreement....
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ExxonMobil, Guyana officials bid farewell to local “trail blazers” off to work on Stena drill ship

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In what is being described as a “historic moment” in Guyana’s emerging oil and gas industry, officials from both the country’s government and US super-major, ExxonMobil, bid farewell on Thursday morning to the first batch of Guyanese that will be...
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Rising OPEC exports, strong US dollar send crude down slightly after prolonged gains

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(Reuters) Oil prices fell more than 1% on Wednesday, ending their longest bull-run in more than five years, as climbing OPEC exports and a stronger dollar turned sentiment more bearish. Benchmark Brent crude futures were down 57 cents, or 1.2%,...
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11 Guyanese to work offshore on Stena Carron drill ship

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Eleven Guyanese have been selected to work offshore on the Stena Carron drillship which is currently conducting exploration work at the Payara 2 well in the Stabroek Block offshore Guyana, for US super-major, ExxonMobil. The candidates selected were recruited...
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Bristow cuts jobs due to oil & gas downturn

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Bristow Helicopters Limited is slashing more jobs as a result of “continued challenges” caused by the downturn of the oil and gas industry. Up to 15 Bristow Helicopters employees will be made redundant at bases in Aberdeen and Surrey,...
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Guyana private sector adopts unified approach for oil & gas preparations

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A new approach adopted by groups representing Guyana’s business community coupled with recent statements from a key government official, have served to renew optimism at the level of the country’s private sector, in its approach to preparations for first...
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Countrywide outreach on transparency in the extractive industry planned in Guyana

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The Guyana Extractive Industries Transparency Initiative (GYEITI) will be conducting a series of meetings across the country this month aimed at providing the public with information about EITI and how its implementation can benefit the South American country. With oil...
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Iran, Total sign historic gas deal

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(Offshore Engineer) Iran signed a new contract to develop its South Pars gas field - the largest gas field in the world - with France's Total and China's CNPC on Monday. The move will be the first major Western energy...
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U.S. Bank confirms US$526M loan to help Guyana slash 460,000 tonnes of emissions annually

The Export-Import Bank of the United States (EXIM) confirmed that its Board approved a $526 million loan to Guyana...

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.

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