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Builder of Guyana FPSOs celebrates five years in new oil province

OilNOW -
SBM Offshore, the builder and operator of floating production storage and offloading (FPSO) units operating offshore Guyana, on Wednesday celebrated five years of operations in the new oil producing South American country. The auspicious occasion was marked with the...
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EPA partners with fisherfolk for marine surveillance offshore Guyana

OilNOW -
Head of the Environmental Protection Agency (EPA), Kemraj Parsram has taken a proactive approach for the future monitoring of discharges from oil operations offshore. On Thursday, the Chief Environmental Regulator and members of his Petroleum and IT Departments met...
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Exxon says its procurement methods capture best market value for Guyana, audits are normal part of operations

OilNOW -
ExxonMobil Guyana says its budgets for operations in the South American country which include expenditure for approved projects and wells drilled are routinely reviewed by the natural resources ministry and that it employs robust systems to ensure Guyana gets...
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Exxon provides US$45,000 weighbridge scale to landfill facility in Guyana

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ExxonMobil Guyana said on Wednesday it has provided a truck weighbridge scale to the Ministry of Local Government and Regional Development for use at the Haags Bosch Landfill site aback Eccles on the East Bank Demerara. The scale is...
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Exxon set to begin public discussions on Guyana’s largest offshore project

OilNOW -
ExxonMobil local affiliate Esso Exploration and Production Guyana Limited (EEPGL) is forging ahead with its fourth offshore project at the Stabroek Block, the largest to date, at the Yellowtail Development. The company has since submitted the Environmental Impact Assessment (EIA)...
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Stabroek, Canje and Kaieteur blocks could deliver 15 billion boe, says head of Bourbon Guyana

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The massive Stabroek Block offshore Guyana along with the adjacent Canje and Kaieteur Blocks could deliver around 15 billion barrels of oil equivalent as more exploration campaigns get underway in the coming months. “Production of crude oil over the whole...
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Oil and Gas sector to bring massive opportunities in agriculture, increased demand for food

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As Guyana’s oil and gas industry rapidly expands, so too will the opportunities for the private sector to tap into the downstream product and service demands, particularly with regard to food supply. This is according to Minister of Agriculture,...
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Learning app for Guyanese women entrepreneurs launched through support from ExxonMobil Foundation

OilNOW -
The Cherie Blair Foundation for Women, ExxonMobil Foundation and ActionINVEST Caribbean Incorporated (ACI), on September 14, 2021, launched a partnership to bring vital entrepreneurial skills and support to women across Guyana through the Foundation’s ‘HerVenture’ mobile learning application. The mobile...
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Venezuela’s PDVSA to offer alternative heavy crudes

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(S&P Global Platts) Venezuelan state-owned PDVSA will offer from October in the international market the upgraded heavy crudes Morichal 16, Zuata Sweet and Hamaca Special Blend to compensate for the fall in the production of Merey, which is its...
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EPA collected around GY$400M in payments for flaring from ExxonMobil – Parsram

OilNOW -
Guyana's Environmental Protection Agency (EPA) has collected approximately GY$400M in payments from ExxonMobil for flaring to date. Head of the agency, Kemraj Parsram, made the disclosure on Thursday during a local radio programme - Guyana’s Oil and You. This follows...
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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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