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ExxonMobil Guyana has invested over GY$3 billion in youth, women development

OilNOW -
ExxonMobil Guyana has confirmed that its Corporate Social Responsibility (CSR) expenditure for the period 2015 to 2022 exceeds US$15 million (GUY$3 billion). Most of this investment has focused on transforming the lives of women and youth through comprehensive capacity-building...
News

Saipem awarded largest single offshore contract in its history

OilNOW -
Encompassing two offshore gas compression complexes in Qatar, Italian oilfield services company Saipem said on Wednesday it has been awarded the largest single offshore contract by total value in its history. The agreement was made with Qatargas for the North...
Opinions

A singular national vision to anchor and sustain Guyana’s transformation

OilNOW -
By Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW During the 1970s, Guyana's leadership pursued a socialist economic path. Guyana's Non-Aligned stance and fundamental governance and foreign policy principles were built upon western non-interference and self-sufficiency. The Non-Aligned Movement's...
News

Guyana Basins Summit 2022: Massive turnout at Ministry of Labour booth

OilNOW -
As the curtains of the Guyana Basins Summit came to a close, Minister of Labour Joseph Hamilton highlighted that there was a massive turnout at the Ministry of Labour’s booth at the summit. In an interview with OilNOW on Friday,...
Opinions

Experts explore Guyana’s emergence as an oil producer and implications for the future of the Venezuela-Essequibo controversy

OilNOW -
By Terrence Blackman, PhD and Utamu Bell – OilNOW The fourth episode of the Guyana Business Journal (GBJ) and the Caribbean Policy Consortium's (CPC) Webinar Series, "Transforming Guyana," got underway on Wednesday, September 14, with a discussion centered around "Guyana's...
News

Delivering Guyana’s biggest transformational project could exceed US$2 billion, economist says its worth it

Kemol King -
As the Guyana government and the Stabroek Block co-venturers move forward to develop the Gas-to-Energy project, costs could exceed US$2 billion. This is based on the sum of cost estimates for the onshore plants and the pipeline. ExxonMobil estimates...
News

Modernised petroleum law for Guyana likely by March 2023 – Vice President

OilNOW -
Vice President Dr. Bharrat Jagdeo said the government is currently reworking the Petroleum (Exploration and Production) Act of 1986, to modernise its provisions. The Act applies to the exploration, extraction, conservation, and management of petroleum reserves existing in Guyana’s exclusive...
Opinions

Linking Guyana’s economy with STEM education

OilNOW -
By Dr. Lorraine Sobers - OilNOW “Education is our passport to the future, for tomorrow belongs to the people who prepare for it today.” - Malcolm X If education is the passport, the visas in it represent access to specific destinations...
Opinions

Venezuela’s latest move in its waiting game with Guyana, pt. 2

OilNOW -
By Ivelaw Lloyd Griffith - OilNOW In Part 1, we discussed Guyana’s pursuits at the World Court, Venezuela’s legal manoeuvres that likely will lead to an extension of the waiting game, and the existential anxiety and geopolitical desperation being experienced...
News

Small refinery for Guyana could make a big difference for energy security – VP

OilNOW -
Talk of Guyana having an oil refinery have ramped up in recent months. The governing administration is exploring options, having received proposals from eager investors. Though no final determination has been made, Guyana’s Vice President Dr. Bharrat Jagdeo believes that...
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Stories Beyond the BarrelShikema Dey -

David Phillips: Building skills and people at TechnipFMC

David Phillips’ path to TechnipFMC started far from the oilfields — in mining. “My background is largely in mining,”...

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