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Venezuela: The rise and fall of a petrostate

OilNOW -
The Council on Foreign Relations Written by Amelia Cheatham and Rocio Cara Labrado Venezuela’s descent into economic and political chaos in recent years is a cautionary tale of the dangerous influence that resource wealth can have on developing countries. Venezuela, home to...
News

Energy rolls out latest edition with major focus on Guyana landmark projects

OilNOW -
The latest of edition of Energy - Guyana’s premier publication focusing on developments in the oil and gas industry was published this week with major focus on upcoming landmark projects and updates on the offshore developments that is transforming...
News

Experts say moving from heavy oil to gas consistent with planning for ‘environmentally sensitive future’

OilNOW -
Updated July 11, 2021 Guyana's pursuit of a Gas-to-Energy project in four years is anticipated to significantly reduce energy costs and would also be in keeping with the country's goal for a green economy. Experts say the transition to gas...
News

Guyana heavy lift waterfront capability boosted as GYSBI commissions brand new crane

OilNOW -
The Guyana Shore Base Inc. commissioned a brand-new Manitowoc crane just a week ago at its Houston-based facility on the outskirts of Georgetown, significantly enhancing the country’s waterfront heavy lifting capabilities. “This 350MT animal, with a 315 ft (96 m)...
Opinions

Geopolitics of oil and water in Guyana: Part 2 – Ivelaw Griffith

OilNOW -
By Ivelaw Lloyd Griffith – OilNOW The first article discussed Guyana’s geography and environmental conditions against the backdrop of South America’s lone English-speaking petro state. I turn attention now to the nature and impact of the flooding and offer a...
News

Guyana determined to ensure economy not solely dependent on oil

OilNOW -
Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh, said on Wednesday that even though oil production will transform Guyana’s economy, petroleum will not be its lone driver. He said the Irfaan Ali...
Opinions

Geopolitics of oil and water in Guyana: Part 1 – Ivelaw Griffith

OilNOW -
By Ivelaw Lloyd Griffith – OilNOW In the first of this two-part series on Guyana’s current flood travails, I offer an analysis of the country’s geography and environmental circumstances against the backdrop of the country as a petro state. The...
News

Guyanese company clears Bourbon Rhesos in one day, gearing up for other projects

OilNOW -
Guyanese company, Western Logistics, successfully cleared the Bourbon Rhesos in one day upon its arrival in the new oil producing South American country. Bourbon provides marine and logistics as well as subsea services to the global oil and gas...
News

Bourbon Rhesos arrives in Guyana for deepwater operations

OilNOW -
France-based marine services provider, Bourbon Offshore, has mobilized yet another vessel for operations in South America’s newest oil producing nation. “After a safe and successful voyage from Las Palmas, the AHT Bourbon Rhesos has arrived alongside at Georgetown ready to...
News

Eureka Atlantic Offshore Medical Services is now top provider of COVID-19 testing in oil industry

OilNOW -
Since its establishment in 2017, Eureka Atlantic Offshore Medical Services (EAOMS) is proving on a daily basis, that partnerships between local and foreign companies can be highly successful in penetrating the supply chain for Guyana’s oil industry. It has...
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SLB acquires ChampionX as it strengthens production and recovery capabilities

SLB has completed its acquisition of ChampionX Corporation, expanding its portfolio in the production and reservoir recovery space.  In its...

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