Showing results for:

News

TotalEnergies’ Gran Morgu project will drive local participation in 45 sectors – Suriname GM 

OilNOW -
Suriname companies and workers in 45 sectors will have opportunities to participate in the development phase of the Gran Morgu project of Block 58, said TotalEnergies’ General Manager & Country Chair EP Suriname, Artur Nunes da Silva.  “45 sectors will...
News

Hammerhead crude “heavier but still attractive” – Hess

OilNOW -
Despite its smaller scale and heavier crude, the Hammerhead field is still economically viable, according to John Hess, Chief  Executive Officer of Hess Corporation. Hess is ExxonMobil’s partner in Guyana’s prolific Stabroek Block.   The field is expected to produce 150,000...
News

New Demerara bridge to be completed by August 31, 2025 – Government

OilNOW -
The new four-lane high-span Demerara bridge will be completed on August 31, 2025.  The bridge is now 61.72% completed, and is one of several major projects expected to be completed in Guyana this year. The new bridge will be instrumental...
Exploration

Noble Developer to drill three wells offshore Suriname

OilNOW -
Noble Corporation announced on Monday that it has entered an agreement with PETRONAS Suriname E&P B.V. for the high-specification semisubmersible rig Noble Developer to drill three wells offshore the South American country. Noble said the contract is expected to commence...
News

A guide to Guyana’s Gas-to-Energy project

Kemol King -
Entering the commissioning year of the Gas-to-Energy project, here is an updated breakdown of the basics - parameters, costs, timelines, and other key information. What is the Gas-to-Energy project?  The Gas-to-Energy project is purposed to establish infrastructure so natural gas can...
News

DSIC launches Errea Wittu FPSO for ExxonMobil’s Stabroek Block

OilNOW -
Chinese contractor Dalian Shipbuilding Industry Company (DSIC) has launched the Errea Wittu floating production, storage, and offloading (FPSO) vessel, Upstream Online said on Dec. 26.  It is the fifth FPSO designed for ExxonMobil’s Stabroek Block offshore Guyana. Errea Wittu FPSO hull...
News

Shearwater mobilizes Amazon Warrior for 3D survey offshore Suriname

OilNOW -
Norwegian marine geosciences company Shearwater is deploying its Amazon Warrior vessel for a 150-day, 6,042 sq km 3D seismic survey for Petronas in Suriname's offshore Blocks 63 and 52.  The operation will cover areas in the Suriname Basin, southeast of...
News

Vreed-en-Hoop shorebase completed ahead of Yellowtail start-up

OilNOW -
The US$300 million Vreed-en-Hoop Shorebase Inc. (VEHSI) project was completed in December. Guyana's President, Irfaan Ali, visited the facility on Wednesday afternoon, where he was informed about the project's development. Phases one, two and three, which currently occupy 44...
News

US$60M fuel blending facility planned for Guyana 

OilNOW -
A US$60 million fuel blending facility - the first of its kind in Guyana - is up for environmental approval.  The Environmental Protection Agency (EPA) has screened the application for the project but has not yet granted permission for the...
News

“Largest foreign investment in Guyana’s history” – Top US official backs US$2 billion energy project

OilNOW -
A U.S. loan backing the Gas-to-Energy project represents the “largest foreign investment in Guyana’s history,” according to U.S. Assistant Secretary of State for Western Hemisphere Affairs, Brian A. Nichols. During a December 17 foreign press briefing on U.S. priorities in...
1...114115116...291Page 115 of 291

Latest News

NewsOilNOW -

‘Business as usual’: No disruption in Guyana’s operations despite Venezuela controversy – GCCI Pres.  

Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI), has made it clear that there has...

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.

Quick Access

Company Info

Social Networks