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Exploration

Block 58 explorers look to Sapakara for continued success offshore Suriname

OilNOW -
Apache and Total, 50-50 partners in Suriname’s Block 58, said their next well – Sapakara West-1 - will test the same-aged upper Cretaceous intervals that brought them success at Maka Central-1, in a separate and distinct stratigraphic feature. Sapakara is...
News

Jamaica trade mission heading to CARICOM’s newest oil producer this month

OilNOW -
A delegation of around 16 Jamaican companies will visit the South American country of Guyana this month in pursuit of mutually beneficial business opportunities between the CARICOM neighbours. The visit by the Jamaican delegation to the region’s newest oil producing...
News

‘Clear de way, Guyana coming back’

OilNOW -
By Professor Anthony T Bryan (Jamaica Observer) Clear de way, Guyana coming back is the title of a lively vintage calypso by Dave Martins and the Tradewinds about several Caribbean nations in a virtual horse race competing for prominence. Perhaps...
Exploration

SBM Offshore firms up contract with Petrobras for FPSO Sepetiba

OilNOW -
SBM Offshore said on Wednesday it has signed contracts with Petróleo Brasileiro S.A. (Petrobras) for the 22.5 years lease and operation of FPSO Sepetiba (formerly known as Mero 2). These contracts follow the signing of the binding Letter of...
News

Oil produced in Guyana will be sold at market price – ExxonMobil

OilNOW -
Oil being produced in Guyana will be sold at market price in keeping with the standard practice for marketing crude around the world. “Crude oil around the globe is sold via the market price, so whatever the market allows –...
News

Orinduik partners advancing license in search of more oil offshore Guyana

OilNOW -
The Joint Venture partners at the 1,800km2 Orinduik Block offshore Guyana have opted to enter the next exploration phase of the Orinduik Petroleum Agreement and have since submitted their official notice to the South American country’s Department of Energy. The JV...
News

ExxonMobil ramps up search for more hydrocarbons offshore Guyana

OilNOW -
As US oil major ExxonMobil, operator at the 6.6 million acres Stabroek Block, prepares for first oil in the South American country of Guyana, the company is also ramping up its search for more hydrocarbons with a number of...
Opinions

Where is Guyana seeing the benefits of oil production?

Bobby Gossai, Jr. -
By Bobby Gossai Jr. Bobby Gossai, Jr. recently completed his MSc (Econ) in Petroleum, Energy Economics and Finance from the University of Aberdeen. Mr. Gossai, Jr.’s professional experiences include being the head of the Guyana Oil and Gas Association and...
Exploration

Guyana on verge of first oil and new era of hope

OilNOW -
Barring unfavourable weather conditions or other factors that could result in a delay, the South American country of Guyana could now be just weeks away from producing its first barrel of oil, thereby ushering in a new era of...
News

Guyana among countries set to push non-OPEC production

OilNOW -
Combined oil production from non-OPEC countries such as Guyana is expected to grow at record speed in 2020, creating a headache for the Organization of the Petroleum Exporting Countries (OPEC), which is scheduled to meet this week in Vienna...
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Keystone Consulting debuts at OTC: set to deliver grounded market intelligence on Guyana, region 

Houston, Texas, United States - Keystone Consulting (Guyana) Inc., a new research, marketing, and business intelligence firm, was officially...

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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