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‘Carving its niche’ – OilNOW recognised as the ‘go-to site’ for O&G news

OilNOW -
As Mining Week 2019 gets underway in Guyana, the Ministry of Natural Resources on Monday took the opportunity to award those persons and entities that have played a significant role in educating the public about the Natural Resources sector....
News

24 Guyanese technicians to undergo Advanced Systems Training for Liza Destiny placement

OilNOW -
The first batch of Guyanese operations and maintenance (O&M) technicians recruited by ExxonMobil Guyana to work on the Liza Destiny Floating Production, Storage and Offloading (FPSO) vessel is about to embark on  Advanced Systems Training at the Cape Brenton...
News

Positive O&G outlook will drive Guyana’s GDP higher over next 10 years – Fitch Solutions

OilNOW -
Financial information services provider Fitch Solutions says the first oil discovery outside the Stabroek block will serve to buoy investor sentiment to projects in deepwater Guyana more broadly while pointing out that the positive outlook for oil and gas production will...
Exploration

Orinduik oil strike sparks renewed call for legislation to be urgently enacted

OilNOW -
Following the announcement on Monday by Tullow Oil that it had made its first discovery offshore Guyana, private sector stakeholders have renewed their calls for the requisite legal and regulatory framework to be urgently put in place if the...
News

SBM Offshore Q2 earnings increase 19% as Liza FPSO projects progress

OilNOW -
Dutch floater specialist SBM Offshore’s directional revenue as of June 30, 2019 totaled US$965 million, representing an increase of US$157 million or 19% compared with the same period last year. This increase was driven by a higher activity level...
News

CGX moving to execute seismic survey on northern region of Corentyne block ahead of drill campaign

OilNOW -
CGX Energy said Friday that a resequencing of its work programme in the Corentyne block has been approved by means of an addendum to its Corentyne Petroleum Agreement by the Government of the Cooperative Republic of Guyana. CGX Resources...
News

Safety comes first: ExxonMobil Guyana talks up HSSE policy

OilNOW -
With the emergence of the oil and gas industry in Guyana, there are a number of concerns such as management of the industry and its resources, local content, limiting the environmental impact and safety. Among these concerns, the issue...
News

Minister hopes UG’s ‘Intelligent Radio’ brings back smart reporting

OilNOW -
Intelligent Radio Studios is the newest station on the nation's airwaves. On Thursday, July 18, 2019, the University of Guyana (UG), with support from ExxonMobil Guyana, celebrated the revitalization of UG's campus radio programming. The University had established its...
News

Another major player in the O&G industry sets up shop in Guyana hotspot

OilNOW -
Harvey Gulf International Marine Inc. has established its newest country office in Guyana. On Wednesday, July 10, 2019, Harvey Gulf’s local office, Guyana Offshore Vessel Services Inc, held a reception to celebrate the occasion in front of their building...
News

Guyanese businesses urged to push for meaningful participation in O&G

OilNOW -
Training, capacity building and having a stake in the operations of businesses entering the country to tap into opportunities in oil and gas are some of the key targets Guyanese are being urged to pursue as the South American...
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Q1 withdrawal from Guyana’s oil fund up 60% from last year’s

The Guyana government ramped up withdrawals from the country’s oil fund in the first quarter of 2025, taking out...

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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