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APA’s new flow test at Suriname well adds ‘substantial resources’ – Christmann

OilNOW -
APA Corporation (Nasdaq: APA) on Wednesday announced the successful drilling and flow testing of the Sapakara South-2 (SPS-2) appraisal well, the second appraisal well to test the previously announced discovery. The well is located approximately 4.6 kilometers (3 miles)...
Opinions

Energy diplomacy in Guyana and Caricom

OilNOW -
By Dr. Riyad Insanally - OilNOW Introduction On January 24 last, the Kaieteur News (KN) reported that an erroneous map of Guyana was used by Rystad Energy, as part of a panel discussion at the recently held Trinidad and Tobago (T&T)...
News

US waiver to tap Venezuela gas field “a breath of fresh air” for Trini services sector – Ramps CEO

OilNOW -
RAMPS Logistics’ Chief Executive Officer, Shaun Rampersad, said “a breath of fresh air” has been breathed into the Trinidad and Tobago services sector, now that the United States has granted a waiver of its sanctions regime to allow development...
News

Guyana and Suriname forge closer private sector ties

OilNOW -
Guyana’s Private Sector Commission is establishing closer ties with its Surinamese counterpart for enhanced collaboration as both countries pursue oil and gas development.  The Guyana-Suriname Private Sector Business Council headed by Guyanese Paul Cheong was created in 2022 and on...
News

Petrobras adding more FPSOs despite rising costs

OilNOW -
Petrobras has been saddled with increased costs for floating production, storage, and offloading (FPSO) vessels, triggered by supply chain disruptions. Yet, the Brazil-state-owned company, in pursuing an aggressive production ramp-up, has four new vessels for start-up this year; a total...
News

Rystad Energy says TT conference did not use finalised map

OilNOW -
Norway based Rystad Energy said on Wednesday that a map used this week by the Trinidad and Tobago Energy Conference showing a portion of Guyana’s Stabroek Block in Venezuela’s waters was part of an ‘unfinished draft presentation’, and not...
News

TT Chamber apologises for map of Stabroek Block overlapping into Venezuela

OilNOW -
The Trinidad and Tobago Energy Chamber has issued an apology after a map displayed during its Energy Conference this week showed a portion of Guyana’s Stabroek Block extending over the Guyana/Venezuela border. The Chamber said the “erroneous” map was developed...
News

“Guyana is Jamaica’s economic hinterland” – Investment Minister, as delegation in country to explore opportunities

Shikema Dey -
The best of Jamaican businesses are currently scouting investment opportunities in Guyana, a country their Minister of Industry, Investment and Commerce, Aubyn Hill described as Jamaica's “natural economic hinterland.” Hill is leading the delegation of over 45 private sector companies,...
News

T&T’s Energy Chamber mulls piping gas from Venezuela as production dwindles

OilNOW -
Trinidad and Tobago’s Energy Chamber believes the State is well positioned to replenish its dwindling gas reserves by using a pipeline to channel resources from Venezuela. The Chamber recalled that it had submitted a six point plan to Trinidadian authorities...
News

Anita Garibaldi vessel arrives in Brazil for Campos Basin operations

OilNOW -
Japan’s MODEC Inc. announced on Monday that the Anita Garibaldi MV33 floating, production, storage and offloading (FPSO) vessel has arrived in Brazilian waters and is scheduled for commissioning before being deployed to the Campos basin. MODEC said the final commissioning...
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Latest News

Guyana's Oil LedgerKemol King -

ExxonMobil Guyana produced 841,000 barrels of crude per day in October

ExxonMobil Guyana’s offshore oil production averaged 841,000 barrels per day (b/d) in October across the four producing Stabroek Block...

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