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T&T Energy Chamber and Staatsolie sign MoU to build HSE capacity in Suriname

OilNOW -
The Energy Chamber of Trinidad & Tobago (ECTT) and Suriname state oil company Staatsolie Maatschappij Suriname N.V. (Staatsolie) have signed a Memorandum of Understanding (MoU) to collaborate on building health, safety and environmental (HSE) capacity in the Surinamese oil...
News

“It’s a great time to be a woman entrepreneur in Guyana” says new business owner

OilNOW -
With the emergence of offshore exploration and production activities in Guyana, more Guyanese have been positioning themselves to benefit from growing business opportunities in the country with one such individual making it clear; “It’s a great time to be...
News

Guyana will see increased migration inflows, demand for electricity and housing – IDB

OilNOW -
The start of oil production in Guyana will see more people migrating to the South American country in coming years contributing to a significant increase in the demand for electricity, housing, and other supporting infrastructure. In its recently released paper...
News

Unity, Prosperity FPSOs targeting lower carbon intensive production

OilNOW -
Dutch floater specialist SBM Offshore, the builder and operator of the Liza Destiny FPSO currently producing oil offshore Guyana, is moving ahead with technological advancements that will see lower carbon intensive vessels being built, including those targeting additional developments...
News

Maersk spuds Suriname well, starts operations in T&T on same day

OilNOW -
The semi-submersible rig Maersk Developer earlier this month spudded the Sloanea-1 well in Suriname on the same day the Mærsk Discoverer began operations at the Matapal development in Trinidad and Tobago (T&T). “Earlier this month, Maersk Developer spudded the Sloanea1...
News

Guyana now on world stage of mega investment opportunities – country says it is ready

OilNOW -
The discovery of billions of barrels of oil equivalent resources has catapulted Guyana to the top of the list of places to invest in the Latin America and Caribbean region and the now almost 3-month old government has been...
Exploration

Guyana has at least 10 years of intense exploration drilling, biggest window of opportunities – Ramnarine

OilNOW -
New oil producer Guyana will see the highest level of exploration activities unfolding over the next ten years, which, according to one official with years of experience in the industry, presents the best window of opportunity for the people...
Exploration

Guyana production set to hit 1.4 million b/d in mid-2030s with potential for even higher output

OilNOW -
Oil production in Guyana is expected to rapidly increase in the coming years as more developments are sanctioned, and floating production storage and offloading units (FPSO) come online.  Norway-based Rystad Energy expects this output to hit peak in the...
News

Flaring was the safer alternative, says Colorado School of Mines Professor

OilNOW -
The decision to flare the associated gas from the offshore oil production operations in Guyana was the most practical option available when challenges were encountered with the reinjection system on the Liza Destiny FPSO. The alternative could have been...
News

Small companies often farm-out acreage to raise capital

OilNOW -
As interest mounts about the nature of farm-in agreements in South America’s newest oil and gas hotspot – Guyana - OilNOW takes a look this week at what the term means, why it is used and to what extent...
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Latest News

Stories Beyond the BarrelShikema Dey -

The rise of Expro’s first Guyanese Field Service Supervisor, Norman Chapman 

When Norman Chapman joined Expro Guyana in 2018, then known as Frank’s International, he was one of just five...

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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