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Global energy supply chains face persistent challenges in 2025 

Supply chain challenges continue to disrupt global energy markets in 2025, with geopolitical tensions and protectionism driving significant shifts in the sector.  “High investment levels in oil and gas and new energy sectors are adding strain to an already stretched...

Guyana Oil & Gas: What to look forward to in 2025

Every year, Guyana's oil and gas sector seems more monumental than the last. Lots of watershed moments are expected in 2025. Guyana will take its place as the world's largest per capita producer of crude oil. Here’s what to look...

OilNOW’s top stories of 2024

There has been incredible progress in Guyana and the region on multiple fronts. Here are the top stories from OilNOW this year, based on readership. January: Engineer students from University of Guyana being absorbed by oil companies even before graduation...

Guyana Police Force to establish oil and gas unit in 2025

The Guyana Police Force (GPF) is set to launch a specialized Oil and Gas Unit in 2025, enhancing its capacity to manage security in the country’s rapidly expanding petroleum sector. Acting Commissioner of Police Clifton Hicken announced the initiative during...

SLB wins Petrobras contract for subsea injection systems

Global energy technology company SLB has announced a contract award by Petrobras for two subsea raw seawater injection (RWI) systems. The systems, secured by SLB’s OneSubsea™ joint venture, will enhance recovery from the Búzios field, following a competitive tender...

SBM Offshore Guyana completes 900 hours of vendor training in 2024

SBM Offshore Guyana has achieved 900 hours of training with local vendors in 2024, as part of its commitment to enhancing operational standards among Guyanese businesses. Local Content Lead Garri Fraser disclosed the achievement during the company’s Vendor Day...

Second phase of Berbice training facility progressing with extended timeline

The construction of the oil and gas training facilities at the Guyana Technical Training College (GTTCI) in Port Mourant, Berbice, is progressing steadily, with the completion date now set for October 2026.  President Irfaan Ali announced the updated timeline on...

Guyana and Oil – Lessons from Kazakhstan?

By Greg Quinn - OilNOW I’ve served as a British diplomat in both Guyana and Kazakhstan. There are some interesting lessons to be learnt from comparing and contrasting both countries. There does not seem to be a natural connection but they...

Suriname Awareness Symposium for Jan. 2025 as country gears for first offshore oil development

Suriname Awareness Symposium 2025 (SAS2025) aims to build Suriname's future through the development of the energy sector. This event will bring together key stakeholders to discuss and strategize on local economic development, stakeholder collaboration, and economic diversification.  On a rainy...

Guyanese companies to fabricate over 300 tonnes of steel for Jaguar FPSO

Three skilled Guyanese companies have cinched contracts to conduct specialized fabrication services with a view to deliver more than 300 tonnes of steel for the Jaguar floating production, storage and offloading (FPSO) vessel. The massive ship is being constructed...

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Environmental permits and production licenses serve distinct roles for oil and gas developments

Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects...