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Bourbon supply vessel en route to Guyana sinks; 3 crew members rescued

OilNOW -
Following search operations of tug supply vessel Bourbon Rhode which started on September 26, the mobilized rescue teams have recovered a lifeboat with 3 crew members on board, the lifeboat having been identified by a Falcon 50 especially equipped...
News

Business leader wants equal pay for equal work in Guyana’s emerging O&G sector

OilNOW -
A private sector executive in the South American country of Guyana is calling for equal pay for equal work in the nation's emerging oil and gas sector, regardless of nationality or gender orientation. Ramesh Persaud, who is the Chief Executive...
Opinions

Policy considerations for the licencing arrangements of Guyana offshore blocks

Bobby Gossai, Jr. -
To maximize the potential national benefits appropriate licensing, taxation, depletion and pricing policies are required. Given the high degree of geological uncertainty in the early years, some use of the discretionary licensing system to award acreage was appropriate, but...
Exploration

Mid-Atlantic Oil & Gas among those supporting QC Alumni Math Camp

OilNOW -
Junior partner in the Canje block offshore Guyana, Mid-Atlantic Oil & Gas, is one of several companies supporting the Queen’s College of Guyana Alumni Association (NY), Inc. (QCAANY) 2019 Math Institute Summer Camp. For the fourth consecutive year, QCAANY will...
News

Safety comes first: ExxonMobil Guyana talks up HSSE policy

OilNOW -
With the emergence of the oil and gas industry in Guyana, there are a number of concerns such as management of the industry and its resources, local content, limiting the environmental impact and safety. Among these concerns, the issue...
News

Two years on: Exxon business centre on a mission to make access to training easier

OilNOW -
The Centre for Local Business Development (CLBD), which was established back in July 2017 to help build the capacity of Guyanese businesses to better position themselves for the oil and gas industry, is on a mission to make training...
News

Another major player in the O&G industry sets up shop in Guyana hotspot

OilNOW -
Harvey Gulf International Marine Inc. has established its newest country office in Guyana. On Wednesday, July 10, 2019, Harvey Gulf’s local office, Guyana Offshore Vessel Services Inc, held a reception to celebrate the occasion in front of their building...
Exploration

Guyana is one of the main beneficiaries of deepwater reinvention

OilNOW -
Deepwater and tight oil are two of the great growth themes in the oil and gas industry, but are often considered to be at opposite ends of the development spectrum. Deepwater represents large, expensive and complex long-cycle projects best suited...
Opinions

Efficiency and options for privatisation of Guyana’s energy market

Bobby Gossai, Jr. -
The concept of efficiency and its measurement are contentious. Hence, the option for the route of introducing a more competitive environment, and to consider whether this might prove a more effective approach to improving the electricity industry’s performance; is...
News

More Guyanese being trained and employed in O&G industry

OilNOW -
With the impending Oil and Gas industry in Guyana, a matter of great concern has been local content, and how Guyanese can benefit from the industry--not just the resource but employment and getting them ready for the employment opportunities...
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Promises for oil & gas unveiled as Guyana’s landmark elections now just days away  

Oil is a major discussion point ahead of Guyana’s September 1 general election. The ruling People’s Progressive Party/Civic (PPP/C)...

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