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Safety culture

By A. Bacchus Safety is a universal guiding principle in the oil and gas sector, so much so that it has become embedded in the values of all companies operating in the sector. When major industry players like ExxonMobil, Hess...

Exxon expects benefits from massive Guyana offshore operations to reach across country

Now in its second year of oil production, Guyana’s oil and gas industry is still in its infant stage. The massive operations offshore are driving exploration activities across several blocks and production at the giant Stabroek Block where ExxonMobil...

Public Relations company, Sagacity Inc. among 25 firms to complete HSSE programme

On Wednesday, December 15, 25 Guyanese businesses graduated from the Health, Safety, Security and the Environment (HSSE) Management System Mentorship Programme which was facilitated by the Centre for Local Business Development. Sagacity Inc., a public relations agency located in...

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

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...

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

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,...

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

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...

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

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...

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

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...

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

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...

Time and tide wait for no one

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...

Latest News

Exxon now controls deepwater asset larger than surface area of TT 

Trinidad and Tobago’s Minister of Energy and Energy Industries, Roodal Moonilal, today announced the signing of a “historic” Production...