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Guyanese women on the rise in oil and gas

By A. Bacchus - OilNOW  CAMSOL: Bringing business solutions to you with a personal touch On March 8, the world will observe International Women’s Day. It is a day that we acknowledge the gender inequalities and challenges facing women and...

CGX says final cost of Kawa-1 well is US$141 million, analysis of results still ongoing

CGX Energy said in a statement released on Wednesday that it has safely completed exploration activities at the Kawa-1 well. The well has now been safely plugged and abandoned and the Maersk Discoverer drilling rig has been released from...

Why companies will succeed in Guyana – while others fail

By Arthur Deakin - OilNOW For those that follow Guyana, the success rate and speed in which its oil resource has been developed is unprecedented. 11% of all conventional oil found in the world since 2015 has been off the...

US$37.5M O&G manufacturing plant for Guyana’s East Coast corridor

Guysons K + B Industries (GKB) plans to spend US$37.5 million to repurpose a factory located on Guyana’s East Coast corridor to provide oil country tubular goods (OCTG) and premium accessory services to the oil and gas sector. GKB, a...

Partners promise to deliver Guyana’s first in-country, state-of-the-art training facility

A venture between 3t EnerMech and Orinduik Development Incorporated Training Centre will deliver Guyana’s first in-country, state-of-the-art training facility for the local workforce, supporting the development of the country’s fast growing offshore oil and gas sector. 3t EnerMech said...

Guyana beats out regional oil players, Brazil, Argentina in competitiveness – IHS Markit

Business intelligence firm, IHS Markit, has assessed Guyana as the 10th most competitive exploration and production jurisdiction in its Petroleum Economics and Policy Solutions (PEPS) analysis. “Guyana today is in a competitive position… and I hasten to add, ahead of...

Energy Conference opens today in new South American oil province

Global oil sector majors have arrived in Guyana for the nation's first major energy conference since the COVID-19 pandemic started just over two years ago. The International Energy Conference and Exhibition which begins today and concludes on Friday, seeks...

Woods set to deliver major address at opening of energy conference in Guyana today

Chairman and Chief Executive Officer of Exxon Mobil Corporation, Darren Woods, will deliver the feature address today at the opening of the International Energy Conference and Exhibition at the Guyana Marriott Hotel in Georgetown. OilNOW sat down with Woods for...

‘One Guyana’ will deliver biggest daily production for new oil nation

Pegged at a massive 250,000 barrels of oil per day, the floating production storage and offloading (FPSO) vessel for ExxonMobil’s fourth project at Stabroek Block has been named One Guyana and will join its sister vessels Liza Unity, Liza...

Government applauds first oil from Liza Unity FPSO; earnings set to triple

The Government of Guyana through the Ministry of Natural Resources said on Friday that it welcomes the announcement by ExxonMobil on the commencement of production at Guyana’s second offshore Development from the Liza Unity FPSO.  The operation of the vessel...

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Guyana moves to de-risk unexplored basin with 25,000 sq km 3D seismic survey

The Government of Guyana is advancing a large-scale offshore 3D multi-client seismic acquisition, a move aimed at reducing exploration...