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MODEC to supply largest ever FPSO to Brazil for production at giant ‘pre-salt’ region
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MODEC to supply largest ever FPSO to Brazil for production at giant ‘pre-salt’ region

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Development drilling for giant Liza Phase 2 project set to begin next month
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Development drilling for giant Liza Phase 2 project set to begin next month

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Liza Unity floater will push Guyana’s total oil production to 340,000 bpd by 2022
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Liza Unity floater will push Guyana’s total oil production to 340,000 bpd by 2022

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Liza Phase 1 approaching 75,000 barrels per day
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Liza Phase 1 approaching 75,000 barrels per day

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Liza Phase 1 cost expected to be around US$1 billion below budget
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Liza Phase 1 cost expected to be around US$1 billion below budget

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Kosmos plugs and abandons Gulf of Mexico well after expending US$24M
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Kosmos plugs and abandons Gulf of Mexico well after expending US$24M

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OPEC eyes deeper cuts to head off impact of coronavirus: source
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OPEC eyes deeper cuts to head off impact of coronavirus: source

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Guyana now has more oil than Mexico, Norway
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Guyana now has more oil than Mexico, Norway

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Maduro regime courting IOCs for PDVSA majority shareholding
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Maduro regime courting IOCs for PDVSA majority shareholding

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MatPal Maritime Institute to host oil and gas career forum
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MatPal Maritime Institute to host oil and gas career forum

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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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