By A. Bacchus - OilNOW Local content has been the talk of the town since the oil and gas industry started developing in Guyana; everybody wants a piece of the pie. For citizens, it’s been questions on the possibility of...

Petrobras began producing oil and natural gas on Monday from the FPSO Carioca the first definitive production system installed in the Sepia field, in the pre-salt of the Santos Basin. The Brazilian state oil company said this will be...

Following a four-day official visit to Guyana, President of Suriname, Chandrikapersad Santokhi is taking home news of new partnerships with Guyana after extensive meetings with President, Dr. Mohamed Irfaan Ali and the Guyanese government. The two countries have decided to...

JOINT COMMUNIQUE ISSUED ON THE CONCLUSION OF THE OFFICIAL VISIT TO GUYANA BY HIS EXCELLENCY CHANDRIKAPERSAD SANTOKHI, PRESIDENT OF THE REPUBLIC OF SURINAME  AUGUST 17-20, 2021 At the invitation of His Excellency Dr Mohamed Irfaan Ali, President of the Cooperative...

The Guyana Shore Base Incorporated (GYSBI) is elated over the “overwhelming interest” its operations, and the country by extension, has received at the Offshore Technology Conference (OTC) in Houston, Texas which concludes today. “So far, it’s been three days of non-stop...

Guyana and its sister Caribbean Community (CARICOM) nation, Suriname, have initiated discussions on the likelihood of establishing a common strategy for the development of their oil and gas sectors. “As you are aware, both parties here have similarities and have...

A technical session on Guyana’s Liza project drew a capacity audience on Monday at the Offshore Technology Conference (OTC) being held in Houston, Texas. Presentations were made by several ExxonMobil representatives covering the company’s exploration history in the Guyana basin,...

Just a little over six years ago, Guyana’s economic prospects were based entirely on its traditional sectors such as gold, diamond, other mineral production, forestry and agriculture. Oil and gas production played no role in the country’s development. Then...

A delegation from Guyana is in Houston, Texas, for the flagship Offshore Technology Conference (OTC) scheduled to be held from August 16 – 19 this year. OTC focuses on exchanging technical knowledge relevant to the development of offshore energy...

By A. Bacchus - OilNOW “We got oil but wuh duh mean fuh me? I ain’t seeing a cent of the oil money.” I recently heard that statement from a close friend of mine who has, in recent years, been...