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ExxonMobil says efforts to develop local capabilities will continue

OilNOW -
ExxonMobil Guyana says it will continue to play a major role in the development of local content in the South American country as first oil approaches. The company reiterated this at a time when multiple potential developments are expected...
News

Guyana could become first-world destination in under 12 yrs – Hughes

OilNOW -
Director of the Guyana Oil and Gas Association (GOGA), Nigel Hughes, believes that the approach to local content in the South American country must be refocused with emphasis on local industry becoming more competitive and efficient. He was at the...
Industry Insight

An oil fund for Guyana – the role of fiscal institutions

Bobby Gossai, Jr. -
Guyana has been blessed with an abundance of energy resources. For the next 40 years our economy will become a major producer of oil and gas. Hydrocarbons development is at the heart of Guyana’s future prosperity and a cornerstone...
News

Guyana 15th in the world in terms of deposits – Ambassador Holloway

OilNOW -
Outgoing US Ambassador to Guyana Perry Holloway said that while things are happening in the Guyanese economy due to the emerging oil and gas sector, people still do not realise how big the Guyana offshore oil discoveries are -...
News

ExxonMobil’s 10th discovery should not be seen as “just another announcement” – Dr. Bynoe

OilNOW -
ExxonMobil’s 10th offshore discovery should not be seen as “just another announcement,” according to Director of the Government’s Energy Department in Guyana, Dr. Mark Bynoe. The US oil giant on Monday announced its latest discovery at the Pluma-1 well –bringing...
News

‘The rush to Guyana will be unprecedented’ – Hughes tells TOTALTEC graduates

OilNOW -
Partner in Guyanese law firm Hughes, Fields and Stoby, Nigel Hughes on Thursday called the third batch of TOTALTEC oilfield operator graduates “pioneers” of Guyana’s nascent oil and gas industry and said that they will be a part of...
News

SRSGY, TOTALTEC team up to push O&G capacity building for Guyanese

OilNOW -
TOTALTEC Academy commenced its first Slinger/Banksman Safety and Operational training to the oil and gas industry in Guyana. The academy commenced the training with 23 Strategic Recruitment Solutions Inc. maritime personnel. The International Petroleum and Maritime Academy (IPMA), with whom...
News

Tullow farms into Comoros

OilNOW -
Tullow Oil plc which has a 60% working interest in the Orinduik block offshore Guyana, announced on Thursday that it has agreed with Discover Exploration Ltd to farm into Blocks 35, 36 and 37, offshore the Union of the...
News

Eco Atlantic ‘fully funded to drill’ with completion of Total farm-out in Guyana

OilNOW -
Eco (Atlantic) Oil & Gas Ltd which has licenses in highly prospective regions offshore Guyana and Namibia, announced on Thursday the completion of its Farm-Out Agreement with Total Petroleum's subsidiary Total E&P Activités Pétrolières on Eco's Orinduik block, offshore...
News

‘Long-lasting’ relationship being forged between Guyana and North Sea

OilNOW -
(Energy Voice) Diplomats yesterday praised the “long-lasting relationship” being forged between Aberdeen and the South American nation of Guyana, while on a trade mission to the city. The Guyanese ambassador to the UK, Frederick Hamley Case and the British high...
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Exxon gives back portion of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the...

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