Regional

Opinions

Guyana: Waiting for ICJ Decision, but also Investing in Security; Part 1

OilNOW -
By Ivelaw Lloyd Griffith – OilNOW This is the first of a two-part series on the ongoing territorial-judicial saga between Guyana and Venezuela. Here, we provide some recent developments on Guyana’s oil exploration and production landscape, which have increased the...
Exploration

T&T targeting shallow water bid round launch this quarter

OilNOW -
Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) will be launching a shallow water bid round, targeting over 23 blocks in its offshore acreage. MEEI featured a booth at Guyana’s International Energy Conference and Expo 2023 in Georgetown. The...
News

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,...
1...8910...109Page 9 of 109

Latest News

NewsOilNOW -

Exxon not backing out of Block S8 talks – Jagdeo 

ExxonMobil, Hess and CNOOC are not backing out of talks with the Guyana government for a shallow water block...

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