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Guyanese workers assemble massive subsea jumpers for Liza Phase 2 Development

OilNOW -
In what is being described as a significant milestone in the development of the local supply chain, Italian oilfield service company Saipem has utilized a Guyanese workforce for the assembly, testing, coating, and loading of massive subsea jumpers for...
News

Growing a Guyanese brand with international standards

OilNOW -
When Kerensa Gravesande-Bart conceptualised Strategic Recruitment Solutions Incorporated Guyana (SRSGY), she knew that she wanted to create a company that would not only be Guyanese-owned but it should be able to drive local content and provide tangible avenues for...
Exploration

Guyana welcomes new oil discovery, expects total volumes to increase

OilNOW -
Guyana’s Ministry of Natural Resources said Thursday it is pleased with the announcement of the country’s latest oil discovery by ExxonMobil affiliate Esso Exploration and Production Guyana (EEPGL) and partners at Pinktail Offshore Guyana, within the Stabroek Block. The ministry...
News

Giant Liza Unity FPSO sets sail for Guyana

OilNOW -
Dutch floater specialist SBM Offshore announced on Thursday that the Liza Unity FPSO has started its voyage to Guyana, having departed from Keppel shipyard in Singapore. The FPSO is expected to arrive in Guyana late this year. Once the...
News

Multi-billion-dollar Vreed-en-Hoop port facility gets greenlight from EPA

OilNOW -
The multi-billion Guyana dollar ‘Port of Vreed-en-Hoop’ facility that will feature a major shore base at Foreshore, Plantation Best on the West Bank of Demerara has been given the greenlight by the Environmental Protection Agency (EPA). The project will see an...
Exploration

Exxon targeting 2022 start-up for major 12-well campaign at Canje Block

OilNOW -
ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. (EEPGL) has submitted a Project Summary to the Environmental Protection Agency (EPA) in Guyana for its 12-well exploration and appraisal campaign on the 26,806 km2 Canje Block. Pending approval, drilling operations...
News

Exxon in search of Quayside and Laydown Area on West Bank of Demerara River

OilNOW -
ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) has put out a Request for Information (RFI) seeking detailed operational and technical information from suppliers for meeting its bid selection requirements for a Quayside and Laydown Area on the...
News

EPA collected around GY$400M in payments for flaring from ExxonMobil – Parsram

OilNOW -
Guyana's Environmental Protection Agency (EPA) has collected approximately GY$400M in payments from ExxonMobil for flaring to date. Head of the agency, Kemraj Parsram, made the disclosure on Thursday during a local radio programme - Guyana’s Oil and You. This follows...
News

Real time technology will soon be used to monitor flaring, produced water – EPA Head

OilNOW -
The Environmental Protection Agency (EPA) will soon implement a real-time technology system that will allow it to monitor flaring levels and the amount of produced water being dumped into the ocean by oil companies operating offshore Guyana says Executive...
News

Uncompetitive fiscal regimes, poor reservoir quality behind stalled development of over 11 billion barrels of oil

OilNOW -
Updated September 2, 2021 A study by Westwood Global Energy Group shows that 11 billion barrels of oil and 36 billion barrels of oil equivalent (boe) gas in 119 discoveries - >100 million boe in size - made between 2008...
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Latest News

NewsShikema Dey -

Guyana’s political outlook steady enough to keep investors calm – Norway group

Stability, that’s the word investors want to hear, and in Guyana, they’re likely to get it. Schreiner Parker, Partner and...

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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