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Industry Insight

Guyana, get ready for a wild ride!

OilNOW -
This is the first of several columns that I will be contributing to OilNOW. Allow me to introduce myself. Very briefly, my 40-year background in this industry is comprised primarily of positions in the service and supply facet of the...
News

If oil triggers loss of agriculture Guyana could face social, economic upheaval

OilNOW -
As Guyana gears up to be a significant oil producer in the Caribbean and Latin American region, warnings about the potential neglect of other sectors, such as agriculture, and the resulting impact this could have on the country of...
Opinions

O&G food production synergy

OilNOW -
“To be interested in food but not in food production is clearly absurd,” sums up the eternal obligation of any responsible population and their leaders who must give priority to food availability and food affordability. For decades, Guyana has...
Opinions

Guyana’s oil not another’s feast

OilNOW -
Guyana has always cherished its co-operation and collaboration with our sister CARICOM states. But the gap between talk and action breeds much skepticism about the regional integration project. For instance, I recall, as Agriculture Minister, the battles we fought...
News

TechnipFMC awarded subsea contract for gas project in Malaysia

OilNOW -
TechnipFMC (NYSE: FTI) and (PARIS: FTI) has been awarded a subsea contract by Murphy Sabah Oil for the Phase 1A Block H Gas Development Project. The project is located in offshore Sabah, Malaysia, at a water depth of approximately...
News

Oil production in Guyana could hit 400,000 bpd by 2026 – WoodMac

OilNOW -
Industry analyst Wood Mackenzie believes oil production in Guyana could reach as high as 400,000 barrels per day by 2026 as multiple phases of development and production come on stream. Pablo Medina, Wood Mackenzie`s senior analyst, Latin America, said ExxonMobil’s fifth...
Opinions

This is us!

Robert Persaud -
There is a television drama series with a catchy title –This Is Us! and it struck me that as Guyanese we have peculiar traits that define us and make us standout especially how we react to different situations. I...
Exploration

Supermajor Chevron eyeing Guyana prospects

OilNOW -
US supermajor Chevron is looking to participate in offshore activities in Guyana, making it the third oil major that views the South American country as a favourable location. Total recently moved towards entering an agreement with Eco Atlantic on the...
News

Tullow gunning for oil this month at Suriname’s Araku prospect

OilNOW -
Tullow oil is hoping to strike it big offshore Suriname at the Araku oil prospect on Block 54, set to begin early this month. The UK-based oil and gas exploration company is targeting a Jubilee look-alike play in the continental...
Opinions

Bank account for every baby, free education and better infrastructure; Guyanese vision for oil money mixed

OilNOW -
UPDATE: This report was first published on September 23, 2017. Oil production in Guyana started on December 20, 2019 at the Liza Phase 1 Development. As preparation for oil production in Guyana continues, the view of the population regarding what...
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Latest News

NewsShikema Dey -

Major energy and infrastructure projects to define Guyana’s next few years

Over the next few years, President Irfaan Ali’s second term will see Guyana advancing key projects that place energy...

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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