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American Petroleum Institute to help Guyana boost standards in growing oil and gas industry

OilNOW -
The world-renowned American Petroleum Institute (API) will be assisting Guyana in the adoption of good petroleum management standards for the development of the local oil and gas industry. Towards this end, API signed a memorandum of understanding with the Guyana...
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Guyana FPSOs ramping up traffic at Asian shipyard

OilNOW -
Guyana’s appetite for Floating Production Storage and Offloading (FPSO) units to produce its massive oil reserves is growing as more developments come on stream at the ExxonMobil-operated Stabroek block. This demand for FPSOs was most evident recently with two Guyana...
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Guyana, Brazil and Mexico best positioned to attract investors willing to take risk

OilNOW -
The deepwater plays in Guyana, Brazil and Mexico will provide significant opportunities for these countries to help meet the oil and gas demand in coming years as supply shortfalls due to energy transition trends take hold. "Demand for oil will...
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Guyana EPA setting up real time monitoring of offshore operations

OilNOW -
Newly appointed Executive Director of the Environmental Protection Agency (EPA), Mr. Kemraj Parsram says the agency is working to improve, enhance and build its capacity and it plans to introduce real time technology, which can assist its monitoring of...
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Guyana oil exploration takes place at depths of over 30 Kaieteur Falls

OilNOW -
Oil and gas exploration activities offshore Guyana take place at significant depths with the Tanager-1 well spudded on the Kaieteur block being the deepest well ever to be drilled so far by ExxonMobil off the South American country’s coast. Tanager...
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Talos looking for M&A opportunities outside GOM, highlights good results from Guyana

OilNOW -
Houston-based Talos Energy Inc. is looking for other growth opportunities which include places outside the Gulf of Mexico. The company is still doing everything to maximize value in its Zama discovery in Mexico after the authorities granted operatorship to state...
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Petrobras planning Brazil drill programme, hopes to replicate Guyana, Suriname successes

OilNOW -
Brazilian state-led oil company Petrobras plans to drill two wells in the sensitive Foz do Amazonas Basin in an attempt to replicate the massive offshore discoveries made in neighboring Guyana and Suriname, but still needs to win permits from...
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This South American country has a huge appetite for FPSOs

OilNOW -
There is no letting up in South America's hottest new oil and gas basin where demand for FPSOs is growing as more hydrocarbons are found off the coast, adding to the multi-billion-barrel resources already discovered. Take a brief by the...
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Energy Chamber urges Guyanese to ‘quickly adjust and learn fast’ as opportunities grow

OilNOW -
The Guyana Oil and Gas Energy Chamber (GOGEC) is urging Guyanese to “quickly adjust and learn fast” about the oil and gas sector so that they can maximise benefits from the growing opportunities in the South American country. “Before 2015,...
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Noble says rig crews working in Guyana delivering outstanding performances

OilNOW -
Noble Corporation said this week contract drilling services revenue for the second quarter of 2021 totaled $200 million compared to $159 million in the combined first quarter of this year. In April, the Noble Sam Croft began its contract in Guyana,...
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Technip Energies highlights collaborative role in GranMorgu FPSO project

PARAMARIBO, SURINAME  - In an exclusive interview with OilNOW during the Suriname Energy, Oil & Gas Summit (SEOGS) 2025,...

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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