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Farmers, service providers can benefit big from development of offshore oil resources – Vickram Bharrat

OilNOW -
The Guyana government is looking to ensure that benefits from development of the country's multi-billion-barrel oil resources are passed on to persons operating in every sector of the economy and not just those directly servicing the industry. “It’s not only...
News

Alison Redford advocated for full transparency in oil and gas on previous visits to Guyana

OilNOW -
Former Premier of Alberta, Canada, Alison Redford, who led a team of experts to review the work that was done by the Department of Energy for the Payara Development project offshore Guyana, strongly advocated for full transparency in the...
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Location for gas to power project to be determined by year end, work to begin in 2021 – Bharrat

OilNOW -
The landing site for the pipeline and location where the infrastructure is to be set up for the gas to power project in Guyana will be finalized before the end of the year with work set to begin in...
News

Contracts confirmed for giant Prosperity FPSO, SBM Offshore looking to execute some fabrication work in Guyana

OilNOW -
Dutch floater specialist, SBM Offshore, announced Thursday that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase of the Payara development project located in the...
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Preparing Guyanese women for opportunities in oil and gas a top priority for local NGO

OilNOW -
Guyanese Non-Governmental Organization (NGO), Women in Oil and Gas, is seeking to change age-old stereotypes about the way women are perceived as to their readiness and suitability for technical fields, including those in the petroleum sector. So says Dr. Dawn...
News

Over 1,000 surveys conducted with Guyanese companies to guide capacity building activities for oil and gas

OilNOW -
The Center for Local Business Development (CLBD) is continuing its push to improve the capabilities of Guyanese companies to tap into opportunities in the emerging oil and gas sector. A study has been conducted in this regard, which is...
News

Guyana can become world supplier of natural gas – Bobby Gossai Jr.

OilNOW -
Guyana can become a world supplier of Liquified Natural Gas (LNG) in the coming years, given the vast hydrocarbon resources found offshore the South American country and the growing demand for gas, as economies wean themselves off of fossil...
News

Guyanese business operators taking risks, building capacity for emerging oil and gas industry

OilNOW -
Guyana is on a rapid journey to becoming one of the top oil producers in the Latin America and Caribbean region, going from no known resources just five years ago, to having more than 8 billion barrels of oil...
News

Oil workers flee as third storm in month aims for U.S. offshore fields

OilNOW -
(Reuters) - Royal Dutch Shell halted some oil production and began evacuating workers from a U.S. Gulf of Mexico platform, the company said on Friday, as a new tropical storm flared. Beta, the 23rd named storm of the Atlantic hurricane...
News

Upfront investment in proprietary data, technology behind multi-billion-barrel discoveries offshore Guyana – ExxonMobil

OilNOW -
The unprecedented success rate for discoveries that ExxonMobil has had offshore Guyana since 2015 is being attributed to proprietary seismic data and technology the company has developed over the years. Company officials told participants at the Caribbean Virtual Oil and...
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GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...

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