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News

Interest from UK companies in Guyana “gone through the roof” – High Commissioner

OilNOW -
There has been a notable increase in the interest shown by companies in the United Kingdom (UK) to invest in Guyana since the arrival of the oil and gas sector. This was disclosed by British High Commissioner to Guyana,...
News

Youths considering O&G careers after touring ExxonMobil facilities

OilNOW -
Twelve students participating in a Youth Apprenticeship Programme being conducted by Guyana’s Ministry of Natural Resources were taken on a tour of ExxonMobil’s Centre for Local Business Development in Georgetown on Thursday. The youths were briefed on the industry and had...
News

Investors moving ahead with plans for “GY$100 per share” modular refinery

OilNOW -
Investors are moving ahead with plans to set up a modular oil refinery in Guyana with an initial capacity of 6,000 barrels per day and shares available locally at 100 Guyana dollars each. The key stakeholder behind this project is...
News

Manufacturing group tours ExxonMobil business development centre

OilNOW -
Officials from the Guyana Manufacturing and Services Association (GMSA) on Tuesday were given a tour of the ExxonMobil Centre for Local Business Development, located on South Road, Georgetown, Guyana. President of GMSA, Shyam Nokta, in brief remarks said the manufacturing...

JSL International

OilNOW -
Contact Information: JSL International (Guyana) Inc. Lot 36 Delhi Street Prashad Nagar, Georgetown Guyana. Email: [email protected] JSL International  (Trinidad) Limited #109 Abercromby Street Port of Spain, Trinidad, West Indies. Email: [email protected] JSL International LLC 11757 Katy Freeway, Ste. 900 Houston, Texas, 77079 Email: [email protected] Visit our website at: www.jslinternational.net Established in 2008 The JSL International “Group of Companies”...
Production

Liza Phase 1 Development Fact Sheet

OilNOW -
The Government of Guyana announced on June 15, 2017 that it had approved the ExxonMobil Liza Phase 1 development plan and had issued a Production License to the company. ExxonMobil outlines the Liza Phase 1 project development description as follows: ...
News

Oil to Soil: O&G services company farms into agriculture

OilNOW -
A company specializing in the provision of manpower resources and a range of other services to the oil and gas industry is investing big in agriculture development in Guyana. The JSL International Group of Companies has to date invested a...
News

SBM says work on development of FPSO for Liza project “progressing well”

OilNOW -
SBM offshore, the company contracted by ExxonMobil to install, lease and operate a Floating Production, Storage and Offloading Vessel (FPSO) for the Liza project in Guyana, says work is progressing well on schedule. At the end of 2016, SBM Offshore...
News

Major oil companies begin pulling workers out of Venezuela

OilNOW -
(Bloomberg) Repsol SA pulled all foreign workers from its oil fields in Venezuela amid a deepening political crisis, while Chevron Corp. and Total SA have removed a small number of employees, said people with knowledge of the companies. Norway’s...
News

“It’s harder to earn money when prices are low and margins are tight” – ExxonMobil CEO

OilNOW -
The oil supply boon fueled by hydraulic fracturing has served to push petroleum prices down. This has triggered increased competitive pressures for resource-developing companies, like ExxonMobil, and increased revenue pressures for resource-owning governments, like Guyana. Speaking at the World Petroleum...
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Latest News

OpinionsOilNOW -

Letter to the Editor: Higher production does not automatically erase the cost bank

Dear Editor, Recent commentary has suggested that because Guyana is producing more oil and earning significant revenues, the outstanding costs...