Showing results for:

News

Exxon awarded for efforts to build economic capacity, protect environment in Guyana

OilNOW -
ExxonMobil has been recognised for its efforts to build local economic capacity, protect the environment and support communities in the new oil producing South American country of Guyana. The company received the World Petroleum Council Excellence Award (WPCEA) for...
News

Guyana’s limited workforce cannot focus entirely on oil and gas, diversifying economy is key

OilNOW -
Creating local jobs, building capacity and focusing on in-country value from monies spent are key elements of local content and cannot be seen in isolation of the broader economy. So says Director of the Centre for Local Business Development,...
News

Guyanese being upskilled in support of over US$27 billion in Exxon’s offshore projects

OilNOW -
As it awaits the requisite regulatory approvals, ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) has assured that it has and will continue to invest in upskilling locals to support its Stabroek Block projects worth over US$27B. As part...
Opinions

Find your niche—its not all pipes, ships and concrete

OilNOW -
By A. Bacchus Back in 2015, when the first oil discovery was announced, I was blissfully unaware of the workings of the petroleum industry. In fact, in my mind, oil production in Guyana would look like a scene out of...
Opinions

Investing in becoming a cut above the rest – Pt. 2: New opportunities for world-class competitiveness

OilNOW -
By A. Bacchus Growing up in a small community in Canal Number One, on the West Bank of Demerara, at a time when very few people had dial-up internet and the ‘big back tv’ that required the youngest in the...
News

Exxon makes new Guyana discovery, increases resource to 10 billion barrels

OilNOW -
ExxonMobil announced on Thursday a new discovery at the Cataback-1 well and increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels. Cataback-1 brings the total significant discoveries to more...
Opinions

Time and tide wait for no one

OilNOW -
By A. Bacchus – OilNOW One of my personal traits that I am working towards changing is that of being a procrastinator. I have this bad habit of waiting to undertake or complete tasks until my mind tells me that...
News

Access to finance a key hurdle for Guyanese companies looking to secure big contracts in oil & gas – Dr. Gaskin-Peters

OilNOW -
Several local companies which have acquired the necessary capabilities through training and obtained the relevant health and safety certifications are still facing a proverbial brick wall when trying to access oil sector contracts. The hurdle that now stands in...
News

Schlumberger, Halliburton, Baker Hughes among major companies moving services to Guyana – Exxon

OilNOW -
A growing number of companies operating in Guyana’s oil and gas industry are moving more of their supply operations from Trinidad and Tobago and other locations to the South American country, as local capacity to execute projects increase. ExxonMobil Guyana...
Exploration

Accelerate-Her weekend bootcamp building capacity of Guyanese women entrepreneurs

OilNOW -
The first batch of Guyanese women entrepreneurs participated over the weekend in a bootcamp organised by the Centre for Local Business Development under its Accelerate-Her programme. This programme is funded by ExxonMobil Guyana and Stabroek Block co-venturers Hess and...
1...141516...29Page 15 of 29

Latest News

NewsShikema Dey -

PETRONAS secures deepwater Block 66 in Suriname with new contract

PARAMARIBO SURINAME - Staatsolie has signed a production sharing contract (PSC) with PETRONAS Suriname E&P B.V. (PSEPBV) and Paradise...

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