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Staatsolie could secure up to 20% stake in Suriname’s first oil development

Staatsolie, the state-owned oil company of Suriname, could participate with up to 20% in the development of the inaugural field development within Block 58, the company announced.  The arrangement aligns with the model production sharing contract, wherein the Surinamese state...

Guyana gov’t says it fully supports revenue authority’s role of auditing oil companies’ bills

As the Guyana Government edges closer to concluding its inaugural audit of ExxonMobil Guyana Limited's Stabroek Block expenses totalling US$1.7B, a hefty US$214M in disputed costs has been deemed the final sum. This development could push both local authorities...

AstraZeneca advances UK clean heat and energy efficiencies with £100m commitment

15-year agreement with Future Biogas will provide 100 GWh of green gas (biomethane) annually, equivalent to meet the heat demands of over 8,000 homes Initiative will provide additional renewable capacity to the national gas grid, representing the UK's first fully...

Engaging the UK Diaspora in Guyana’s Emerging Oil & Gas Opportunities

By Ms. Tash Van Doimen, Mr. Rae Wiltshire & Dr. Terrence Blackman - OilNOW In an inspiring convergence of thought leaders, the recent event titled "Navigating a Changing Guyana: Pathways to Prosperity in the Era of Oil and Gas"...

Cataract Surgery with Alcon’s AcrySof IQ Vivity IOLs Demonstrates Sustained High Patient Satisfaction and Reduced Spectacle Dependence

Alcon Vivity Registry continues to demonstrate excellent outcomes with AcrySof IQ Vivity and AcrySof IQ Vivity Toric, the first and only PCIOL+ with wavefront-shaping technology World-renowned surgeons will present new registry data at #ESCRS2023, including data on rates of visual...

Public meetings on Whiptail EIA begin on September 12

ExxonMobil Guyana Limited has announced a series of public meetings to discuss the Whiptail Development Project planned for the Stabroek block. The initiative aims to familiarise the public with the Environmental Impact Assessment (EIA) and the Environmental Impact Statement...

Jabil Enters into Preliminary Agreement Relating to Sale of Mobility Business

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL), today announced a preliminary agreement with BYD Electronic (International) Company Limited (“BYDE”) relating to the sale of its Mobility business in a potential transaction expected to be valued at approximately $2.2 billion. “This...

California American Water Lifts Boil Water Notice for its San Diego County District

SAN DIEGO--(BUSINESS WIRE)--California American Water has lifted a boil water advisory that was in place for its San Diego County District. Customers can now consume and use their tap water normally after days of extensive testing have shown no...

Dutch company’s innovative composite pipe installed at ExxonMobil’s Liza Field

Strohm, a composite pipe company, has successfully installed its first deepwater/high-pressure thermoplastic composite pipe (TCP) jumper in the Stabroek Block offshore Guyana. The installation marks the adoption of Strohm's innovative "Jumper on Demand" approach and its effectiveness in enhancing...

Jan De Nul’s Galileo Galilei departs as largest dredger to ever traverse Demerara River

M.V Galileo Galilei, the largest dredger ever to sail the Demerara River, has now made its exit from Guyana. This marvel, owned and operated by the Jan De Nul Group, leaves behind a testament to its efficacy – a...

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Chevron’s entry strengthens Guyana oil sector despite Venezuela ties – Rystad Energy  

Chevron’s entry into Guyana’s Stabroek Block will not disrupt ongoing operations, according to Schreiner Parker, Partner and Head of...