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PPP/C government urged to embrace dual citizens, avoid wasteful investments – as part of new deal for oil development

OilNOW -
Acknowledging that it was vital Guyana got past its recent political crisis if the country had any hope of benefiting from its vast offshore oil discoveries, two individuals at the Institute of the Americas, University of California San Diego,...
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Normand Installer set to arrive in Guyana as development work for Liza Phase 2 continues

OilNOW -
Activities are ramping up offshore the South American country of Guyana in preparation for the Liza Phase 2 Development, set to come on stream by mid-2022. The multi-purpose offshore vessel Norman Installer will arrive at the Stabroek Block this...
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Guyana ranks 3rd in the world for FPSO deployments through 2025 – GlobalData says in new report

OilNOW -
The South American country of Guyana is expected to deploy a minimum of three more Floating Production Storage and Offloading units (FPSOs) during the period 2020-2025, placing it at number 3 in the world for floating production vessels, along...
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Unprecedented market challenges driving competition for scarce resources – Alistair Routledge

OilNOW -
The ongoing COVID-19 pandemic has hit each and every industry hard, but perhaps the one industry which has taken the biggest hit is the global oil and gas industry. The spread of the virus has forced many oil and...
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Push for rigorous training, establishment of joint ventures to build local content capacity – Consultant

OilNOW -
Canadian consultant Rob Strong spoke to OilNOW about local content development back in 2018, and made a comparison with the Newfoundland and Labrador oil and gas industry, which he thinks Guyana could learn from. This is what he had...
News

24 Guyanese trainee technicians return for placement on Liza Destiny FPSO

OilNOW -
The first group of Guyanese operations and maintenance trainees recently returned to the South American country after an extensive 18-month training programme in Canada organized by ExxonMobil Guyana. The company said in an update on Tuesday they will soon be...
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Guyana Civil Aviation Authority issues new directive for operators of helipads/helidecks

OilNOW -
The Guyana Civil Aviation Authority (GCAA) has issued a new directive mandating all operators of helidecks/heliports/helipads to be subject to approvals in accordance with the International Civil Aviation Organization (ICAO) Annex 14, Volume II and ICAO Document 9261 ‘Heliport...
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Guyana, ExxonMobil discuss offsetting emissions from Payara

OilNOW -
In keeping with Guyana's goal to achieve its climate change targets, Vice President, Dr. Bharrat Jagdeo, said discussions have been held with ExxonMobil about offsetting emissions from Payara, its third offshore development, which is currently being reviewed by a...
News

Over eight months in – Guyana producing oil ahead of its time – Francis Kiernan

OilNOW -
US oil major ExxonMobil announced its first world class discovery in May 2015 at the Liza field offshore Guyana. The well encountered more than 295 feet (90 meters) of high-quality oil-bearing sandstone reservoirs and was safely drilled to 17,825...
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Guyana now in the big league – exporting crude to Europe, China and India – Bobby Gossai Jr.

OilNOW -
Guyanese economist Bobby Gossai Jr says with the level of investment being made in Guyana’s oil and gas sector and the country becoming the newest oil producer in the region, it is no longer a “small country” but is...
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Key facts about Chevron, the latest oil heavyweight in Guyana’s Stabroek Block 

Chevron Corporation has officially stepped into Guyana’s energy landscape through its recent acquisition of Hess Corporation, one of the...

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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