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Drilling rigs count collapsing globally but Guyana offshore remains resilient

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Even as the number of rigs drilling for oil and gas continues to collapse globally, activities offshore Guyana not only continues, but is being ramped up, particularly in the ExxonMobil-operated acreages, including Stabroek Block where the company has so...
News

South America’s emerging deepwater oil giants pledge strategic alliance

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Following discussions over the last 24-hours between the newly elected Presidents of Guyana and Suriname, the two leaders announced on Sunday their intent to strengthen bilateral relations between the two South American countries that will see strategic collaboration in...
News

New ExxonMobil Guyana President looking to build on company’s success

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Alistair Routledge, the new President of ExxonMobil Guyana says he is looking to build on the accomplishments the company has made over the past several years, as he takes up the top leadership role. That success includes 16 oil discoveries,...

OilNOW – News and Information from the Oil and Gas sector in Guyana

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Liza Phase 1 Development Permit Liza Phase 2 Development Permit Payara Development Permit
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SBM Offshore in search of technicians, engineer for Guyana operations

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SBM Offshore is looking to fill several more positions for its activities in Guyana where it operates the Liza Destiny Floating Production Storage and Offloading (FPSO) oil production complex at the Stabroek Block. The company said in a new advertisement...
Exploration

ExxonMobil spent over US$35 million on Guyanese suppliers in Q1 2020

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ExxonMobil Guyana has spent over US$35 million or approximately 7.1 billion Guyana dollars on more than 500 local suppliers in the first quarter of this year. The company said local suppliers remain important to the success of its operations...
News

Guyanese engineers install subsea production assets for Liza Phase 1

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A team of Guyanese Engineers, working as Remotely Operated Vehicle (ROV) Pilots / Technicians for Offshore Innovators (Guyana) Inc. (OIG), have successfully supported the installation of their country’s first ever subsea field, making first oil possible at ExxonMobil’s Liza...
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Guyana can learn from the Venezuelan crisis

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Venezuela provides a window to a dystopian future. The country’s neighbour to the east, Guyana, is developing its first offshore oil and gas finds made in the past five years. There’s a growing number of them; the 16th discovery...
News

Guyana election is pivotal point in country’s outlook – Remi Piet

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Senior Director of Americas Market Intelligence (AMI), political analyst Remi Piet said Guyana’s general and regional elections which took place on Monday in the South American oil producing nation could be a close one to call. Piet said the elections...

lcp

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Introduction 1.1 A Governance Policy is a system of principles that is implemented as a procedure or protocol that guides the Government’s objectives supported by through the use of regulations, laws, regulations, guidelines and other instruments to deliver better economic...
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Keystone Consulting debuts at OTC: set to deliver grounded market intelligence on Guyana, region 

Houston, Texas, United States - Keystone Consulting (Guyana) Inc., a new research, marketing, and business intelligence firm, was officially...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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