Showing results for:

Opinions

Incredibly disappointing that former EPA head is sharing blatant mistruths

OilNOW -
Dear Editor, In response to an unfortunate letter from former Executive Director of the Environmental Protection Agency (EPA), Dr. Vincent Adams, published this week in the local press, ExxonMobil Guyana provides this response to several inaccurate and misleading statements that...
Discoveries

Guyana soaring up the oil and gas scale with 33 finds in seven years – Vickram Bharrat

OilNOW -
ExxonMobil now has a total of 33 oil and gas discoveries in Guyana’s massive Stabroek Block with the latest made at the Seabob and Kiru-Kiru wells, according to the government of Guyana. This, according to Guyana’s Minister of Natural...
News

Guyana’s emissions intensity outperforming 75% of global oil & gas producing assets

OilNOW -
Rystad Energy’s Senior Vice President and Head of Latin America and the Caribbean, Schreiner Parker, said the emissions intensity from Guyana’s offshore operations is among the best performing in the world. He said it is outpacing 75% of global oil...
News

Builder of Guyana’s oil production vessels looking to fill multiple positions

OilNOW -
SBM Offshore, the company building and operating floating production storage and offloading (FPSO) vessels for oil production activities offshore Guyana, is looking to fill multiple positions for its local operations. In a public notice, the company said it is looking...
News

SBM Offshore completes US$1.75 billion financing for Guyana’s biggest floater

OilNOW -
Builder of Guyana’s floating production, storage and offloading (FPSO) vessels, SBM Offshore, announced Thursday that it completed project financing for the ONE GUYANA vessel to be used for the Yellowtail project. The FPSO project costs US$1.75 billion; SBM Offshore said...
News

Guyana production by 2027 would exceed US$147 million per day at current oil price

OilNOW -
By 2027, ExxonMobil is set to ramp up production at Guyana’s Stabroek Block to around 1.2 million barrels of oil per day (bpd). This will make the South American country the highest per capita oil producer in the world. As...
News

Texas-based firm to conduct impact study on Exxon’s fifth Stabroek Block development  

OilNOW -
The Houston Texas-based Acorn International will be conducting the environmental study for ExxonMobil's fifth development in the Stabroek Block - Uaru. On Monday, ExxonMobil's local subsidiary, Esso Exploration & Production Guyana Limited (EEPGL), held a public scoping meeting on Uaru at the Umana Yana....
News

New South American oil star arrived in the year prices collapsed

OilNOW -
The price of oil fell to its lowest level in 11 years in 2015 as commodity markets responded to signs that the global glut of oil would have deepen the following year. While oil ministers from Qatar and Iraq...
News

Better to use gas for Guyana’s benefit than to flare, reinject it – GCCI President

OilNOW -
Guyana’s current natural gas reserves total some 16 trillion cubic feet, according to the Vice President, Dr. Bharrat Jagdeo. And that gas can either be used for energy generation or reinjected into Guyana’s offshore wells. The government has a ‘no...
Exploration

Exxon eyes bigger production facilities, extending current projects – Darren Woods

OilNOW -
Guyana’s prolific Stabroek Block holds an estimated 11 billion barrels of oil equivalent with only a fraction of the 6.6 million acres (26,800 square kilometers) explored by operator ExxonMobil and its partners Hess and CNOOC so far. More exploration activities are on the...
1...454647...55Page 46 of 55

Latest News

NewsOilNOW -

Welligence says Chevron must tread carefully operating in Guyana because of border controversy 

Following the closure of the Chevron-Hess merger, market intelligence firm Welligence is advising that Chevron, now holding a 30%...

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