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The Natural Resource Fund Series: Part 2

OilNOW -
Summary Guyana’s Natural Resource Fund institutional and Governance framework are in line with the IMF’s recommendation and the models adopted by some of the largest SWFs across the globe. The withdrawal rule of the fund is economically justified against...
News

Wireline sales in Guyana help boost Halliburton’s Q4 revenue

OilNOW -
Halliburton announced on Monday that its total revenue for the fourth quarter of 2021 was $4.3 billion compared to revenue of $3.9 billion in the third quarter of the year. The company said in its drilling and evaluation division, revenue was US$1.9 billion—an increase...
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150 companies, four heads of state confirmed for February energy conference

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Response to the International Energy Conference set to take place in Georgetown next month has been overwhelming so far with around 150 companies and four heads of state confirmed for the flagship event. “We have about 150 companies registered, some...
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TotalEnergies exiting Myanmar as coup worsens

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Following the February 1, 2021, coup in Myanmar, TotalEnergies said it has firmly condemned on several occasions the abuses and human rights violations taking place there. The company said since then its decisions have been guided by clear principles:...
News

Builder of Guyana FPSOs has kept its promise, says Human Resource Manager

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When Dutch floater specialist SBM Offshore entered Guyana in 2016, the objective was made clear—to operate in a responsible manner, contribute to the country’s development, and ensure that local capacity is developed so that Guyanese can be at the...

Guyana Energy Conference 2022

OilNOW -
The International Energy Conference and Exhibition- Guyana 2022 is being hosted from February 15-18th, 2022 in Georgetown, Guyana. It will be the premier annual meeting of local, regional and international energy experts in Guyana. It is a staple in...
News

Liza Unity start-up, gas-to-energy FID among major projects for Exxon this year – Routledge

OilNOW -
Guyana’s oil production will almost triple this year as the state-of-the-art Liza Unity floating production storage and offloading (FPSO) vessel comes on stream, adding to the output from its sister unit, the Liza Destiny. ExxonMobil is also looking to make...
News

New Exxon Guyana head office will supply power to Georgetown grid – Routledge

OilNOW -
ExxonMobil’s new solar-powered local head office which is to be built at Ogle will provide electricity to the Georgetown power grid. So says President of ExxonMobil Guyana, Alistair Routledge, speaking at the recent 132nd annual awards ceremony of the Georgetown Chamber...
News

Exxon partnering with Rotary, BrainStreet for delivery of online education

OilNOW -
The Rotary Club of Stabroek has partnered with oil giant ExxonMobil Guyana and the BrainStreet Group to deliver interactive online education particularly in the Hinterland communities. This project follows a successful first phase implemented in 2020 which saw online courses...
News

Public Relations company, Sagacity Inc. among 25 firms to complete HSSE programme

OilNOW -
On Wednesday, December 15, 25 Guyanese businesses graduated from the Health, Safety, Security and the Environment (HSSE) Management System Mentorship Programme which was facilitated by the Centre for Local Business Development. Sagacity Inc., a public relations agency located in...
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Guyana records US$3 billion trade surplus in Q1 2025, driven by oil exports

Guyana posted a trade surplus of US$3.01 billion in the first quarter of 2025, driven by crude oil exports,...

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