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O&G opportunities will ‘pale into insignificance’ if Guyanese fail to unite – Energy Director

OilNOW -
The billions of dollars from oil production and multitude of opportunities opening up to the South American country of Guyana “will pale into insignificance” if the nation’s 750,000 people fail to unite. Director of Guyana’s Department of Energy, Dr. Mark...
News

Over 70 contractors participate in Exxon safety workshop

OilNOW -
ExxonMobil Guyana held a safety workshop on Thursday for companies that provide onshore services to support its operations. The workshop focused on life saving actions, learning from incidents, field leadership and workforce engagement. Staged at the Pegasus Hotel in Kingston,...
News

Exxon is back in Brazil – and betting big on deepwater oil

OilNOW -
(Bloomberg) In November 2010, Exxon Mobil Corp. dispatched workers to a platform off the coast of Brazil, hoping to strike oil in one of the energy industry’s most anticipated drilling programs. About 2,300 meters (1.4 miles) below the surface,...
Exploration

CGX hires PGS for Corentyne survey, defers rig contract

OilNOW -
Canadian oil and gas company CGX Energy has hired PGS to conduct a 3D seismic survey over its Corentyne Block offshore Guyana. CGX has also deferred all operational obligations under its drilling rig contract for the Ralph Coffman jack-up...
News

Thousands of expatriates in Guyana with high demand for numerous services

OilNOW -
The emerging oil and gas sector in Guyana is giving rise to numerous opportunities for business ventures ranging from small to large-scale enterprises. Many of the growing opportunities are also outside of mainstream oil and gas activities and this...
News

Eco Atlantic boss not sure market fully understands significance of Joe discovery

OilNOW -
Chief Executive Officer of Eco Atlantic Oil & Gas, Gil Holzman says he is not sure the market fully understands the significance of the company’s second oil discovery at the Joe-1 well offshore Guyana. Speaking on a recent podcast, Proactive...
News

Privately-owned oil spill response centre set to open doors in Guyana

OilNOW -
GAICO Construction Inc. will next month open the first privately-owned Oil Spill Response Centre in Guyana, at its Georgetown Wharf. The Centre is currently in its final stages of completion and will, according to GAICO’s Chief Executive Officer, Komal Singh,...
News

Guyana will require fewer petroleum engineers per barrel of production than T&T

OilNOW -
The University of Guyana (UG) has added an Associate’s program in Petroleum Engineering and a Master’s Degree in Petroleum Engineering, in response to the country’s rapidly growing hydrocarbon industry. With expectations high among Guyanese, more so, potential students, for training...
News

Orinduik now looks like a ‘big pool of oil traps’ – Holzman

OilNOW -
CEO of Eco Atlantic Oil and Gas Gil Holzman says that with the rare back to back oil finds in the Jethro-1 and Joe-1 wells in the Orinduik Block offshore Guyana, he believes that this is a portent of...
News

EPA’s 36-person Petroleum Unit won’t be ready in time for first oil – Dr. Adams

OilNOW -
The World Bank is assisting the Environmental Protection Agency (EPA) in Guyana with the establishment of a Petroleum Unit to address oil and gas matters as first oil approaches in the South American country. However, EPA's Executive Director, Dr. Vincent...
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