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Agriculture and the Oil and Gas Economy

OilNOW -
By Utamu Belle and Dr. Terrence Blackman – OilNOW The ninth installment of the Guyana Business Journal (GBJ) and Caribbean Policy Consortium (CPC) webinar series, “Transforming Guyana,” focused on “Guyana’s Agricultural Sector and the Oil and Gas Economy.” Farming and energy...
News

Two-thirds of Guyana offshore development costs pumped into wells, subsea infrastructure – Routledge

OilNOW -
ExxonMobil’s projects in Guyana’s Stabroek Block carry hefty prices. Its fifth – Uaru – carries the highest thus far: US$12.683 billion, since it will be the biggest offshore development, rivalling neighbouring Brazil. These projects require massive floating, production, storage and offloading...
News

SBM Offshore on track to meet FPSO delivery deadlines despite pandemic

OilNOW -
In an update on its new build activities, Dutch contractor SBM Offshore said it remains on track to deliver its floating production, storage and offloading (FPSO) vessels by agreed-upon deadlines. This is in spite of setbacks from the COVID-19 pandemic...
News

Maxar’s Crow’s Nest to boost Guyana’s monitoring of offshore operations

Shikema Dey -
Guyana’s Environmental Protection Agency (EPA) has teamed up with Maxar Technologies for the provision of environmental monitoring services for both offshore and terrestrial applications. Executive Director, Kemraj Parsram said it falls under the Agency’s updated mandate to modernise its operations...
News

Guyana gov’t banking on earnings from sale of NGLs to repay Exxon for Gas-to-Energy project

Kemol King -
Guyana will owe ExxonMobil and its co-venturers US$1 billion for the cost of the pipeline and associated infrastructure that it has been charged with developing for the Gas-to-Energy project. And according to Vice President Dr. Bharrat Jagdeo, this project...
News

With increasing offshore projects, SBM Offshore looks to expand Guyana supplier base

OilNOW -
SBM Offshore held a vendor forum on Friday, the closing day of the International Energy Conference and Expo 2023, at the Marriott Hotel. The company needs an expanded supplier base, as it is building, delivering and operating an increasing number...
News

SBM Offshore Vendor Forum, youth engagement sessions on today at Int’l Energy Conference

OilNOW -
SBM Offshore Guyana is set to host a Vendor Forum today at the International Energy Conference which is being hosted at the Guyana Marriott Hotel in Georgetown. The forum, scheduled for 9:00 am, presents an opportunity for stakeholders and local...
News

Sheriff Security, the prototype for oil and gas security in Guyana

OilNOW -
Sheriff Security is a household name when it comes to safety in Guyana; and is among scores of companies with booths on display at the International Energy Expo 2023, at the Marriott Hotel, Georgetown, Guyana. The company decided to venture...
News

SBM Offshore announces new brand positioning

OilNOW -
SBM Offshore on Thursday announced its new brand positioning – TRUE. BLUE. TRANSITION. Powered by the ocean, the company said via its LinkedIn page that this move reflects its commitment to being part of the solution, striving towards better energy...
News

Guyana’s largest shore base facility hits 1,000 days LTI free

OilNOW -
Deputy General Manager of the Guyana Shore Base, Rabin Chandarpaul was happy to report that the facility touched another safety milestone, hitting 1,000 days without any lost time incidents. Lost time incidents are accidents that occur when a worker sustains...
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Afreximbank COO pitches partnership for Suriname’s SMEs

PARAMARIBO, SURINAME – The African Export-Import Bank (Afreximbank) wants to be a long-term financial partner for small and medium-sized...

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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