President of Guyana, Dr. Irfaan Ali on Wednesday highlighted plans by ExxonMobil to significantly ramp up oil production activities offshore the South American country which will see production hitting the 1 million barrels per day mark by 2027. During a...

One of the newest Oil and Gas (O&G) support companies to enter Guyana’s petroleum industry is Sustainable Environmental Solutions Inc. (SES), made possible through a joint venture agreement between Finnish company, Corena Group Integrated Environmental Solutions, and local companies,...

Dutch floater specialist SBM Offshore is forging ahead with expanding its local workforce in Guyana where it is currently operating one oil production vessel with two more under construction for developments offshore the South American country. The Liza Destiny Floating...

In its pursuit of a robust Local Content Policy, Guyana must be cognizant of its limited human resources while pushing for industry stakeholders to meet high targets. This point was recently made by Dr. Terrence R. Blackman, an Associate...

While it is well known that most partnerships are not always successful, it is still a crucial mechanism to help Guyanese build capacity in a very short time so that they can participate in the oil sector. This is...

By Arthur Deakin - OilNOW It is no longer a secret that Guyana is one of the most attractive investment opportunities in the world. The country has discovered 9 billion barrels of recoverable oil, and that is likely only half...

Tullow Oil plc (Tullow) announced on Tuesday the start of a multi-year, multi-well drilling campaign offshore Ghana with the commencement of drilling of the first well at the Jubilee Field on April 5. As previously announced, the Maersk Venturer, which...

Guyana’s Ministry of Natural Resources is seeking consultancy services for cost recovery audit and validation of the country’s profit oil share for the period January 2018 to December 2020. According to a notice published by the Ministry of Natural Resources,...

ExxonMobil Guyana says it remains committed to a local content framework that supports the implementation of effective measures that would help to build a globally competitive workforce and supply base in the new oil producing South American country. The...

Trinidad and Tobago’s (T&T) former Minister of Energy and Energy Affairs, Kevin Ramnarine, says he has been visiting Guyana frequently over the last five years and the one key thing that has always surprised him is the level of...