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With the 3rd largest oil reserves in the world – Canada stands ready to help new producer Guyana build capacity – High Commissioner

OilNOW -
Guyana is being encouraged to harness the decades of experience in the petroleum industry that Canada has to offer, as the South American country moves to develop its vast hydrocarbon resources. This advice came from Canada's High Commissioner to Guyana, Lilian...
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Use oil revenues to push diversification agenda before window of opportunity is lost – Nokta urges

OilNOW -
President of the Guyana Manufacturing and Services Association (GMSA) Shyam Nokta believes that now is the time that Guyana must make the most of the opportunities to strengthen the South American country’s traditional economic sectors given not only the...
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Young Guyanese looking forward with anticipation to working on country’s first oil production vessel

OilNOW -
Spread moored around 120 miles offshore Guyana, the Liza Destiny FPSO will soon receive another batch of Guyanese who will be embarking on their first stint offshore to undergo on-the-job training as operations and maintenance (O&M) technicians, having recently...
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Guyana is a core investment priority, ExxonMobil affirms at CARIVS Summit

OilNOW -
President of ExxonMobil Guyana, Alistair Routledge on Tuesday reaffirmed the company’s commitment to the South American nation as two major oil discoveries last week boosted the oil giant’s flourishing portfolio in the prolific Stabroek block. Addressing attendees at the first...
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ExxonMobil Geologists anxious over results of deepest Guyana well ever drilled – Routledge

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US oil major ExxonMobil is paying keen attention to the drill campaign currently underway at Tanager-1 – the deepest well the company has ever drilled offshore Guyana. “Our Tanager well, which we started drilling in August, is unique and exciting,”...
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Guyana’s O&G opportunities take centre stage as CARIVS opens

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The growing opportunities in Guyana’s oil and gas sector took the spotlight on Tuesday as the inaugural ‘Caribbean Virtual Oil and Gas Summit’ (CARIVS) got underway. The three-day virtual event which also features an exhibition - CARIVS 2020 - was...
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Oil will fuel massive FDI inflows to Guyana this decade – Bobby Gossai Jr.

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Guyanese economist Bobby Gossai Jr. said that with the expected growth in offshore activity there will be an increased need for supply vessels and shore base capacity which means more investment dollars will flow into the new South American...
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Applications to construct O&G facilities in Guyana ramp-up

OilNOW -
As Guyana’s Oil and Gas industry continues to develop, the country can expect to see infrastructure and facilities being put in place to support the growing activities. On Monday, the country’s Environmental Protection Agency (EPA) announced via a notice in...
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Apache spuds 4th Suriname well as search for more oil continues

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Apache Corporation said on Monday the Noble Sam Croft drill ship has commenced operations at the Keskesi East-1 exploration well approximately 14 kilometers (9 miles) southeast of Sapakara West-1, where the company had made its second discovery offshore Suriname....
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Key officials confirmed for Caribbean’s first major virtual petroleum summit

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The transformation in global oil and gas economies indicate that now, more than ever, is the time to bring the industry together to examine and overcome unprecedented challenges while uncovering and exploring available opportunities in the Caribbean markets. This, the...
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Kuwait, Qatar, other long-established producers now trail Guyana in per capita oil output

Countries with some of the world’s most mature petroleum industries now rank behind Guyana in per capita oil production,...

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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