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Guyana’s 11 billion barrels a far way from the top

OilNOW -
Guyana is now an impressive oil and gas destination with proven reserves of more than 11 billion oil-equivalent barrels in the Stabroek Block. Through the operations of an ExxonMobil-led consortium, the country will become one of the world’s largest...
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New software by SLB, Quora promises to revolutionise oil project planning

OilNOW -
Oilfield services provider SLB and software company Quorum Software have joined forces to introduce a digital planning solution aimed at revolutionising field development planning. The collaboration brings together Quorum's Planning Space business planning and petroleum economics offering with SLB's...
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Guyana’s Petroleum Activities Bill to strengthen regulatory, management tools – VP Jagdeo

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Guyana’s Vice President, Dr. Bharrat Jagdeo has clarified that the country’s Petroleum Activities Bill 2023 is solely intended to whet the administration’s regulatory teeth. It will not embody the fiscal regime for the industry. This he said would be...
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OMV recruits TechnipFMC for iEPCI job on Berling gas project offshore Norway

OilNOW -
OMV (Norge) AS has chosen TechnipFMC to undertake a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract for its Berling gas development project. This marks OMV's first iEPCI™ project in Norway as an operator, and TechnipFMC will be...
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SBM Offshore Guyana marks 10th Annual Life Day with focus on Safety and Environment

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SBM Offshore Guyana celebrated its tenth annual Life Day on June 27, 2023. The event, held under the theme 'Observe and Intervene,' focused on raising awareness about the environment and potential hazards while stressing the importance of accident prevention...
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Asia Pacific region’s energy transition to benefit from major boost through TotalEnergies-Petronas partnership

OilNOW -
The Asia Pacific region's efforts toward a sustainable energy future have received a significant boost with the announcement of a strategic collaboration agreement between TotalEnergies and Gentari Renewables Sdn Bhd, the clean energy solutions company of Petronas. This partnership...
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Ramps drops claim for damages against Guyana, says it recognises significance of local content

OilNOW -
Ramps Logistics (Guyana) Guyana dropped its claim for damages in the case it had brought before Guyana to secure its Local Content Certificate, which was initially refused.  Ramps Director, Shaun Rampersad, informed the government in a letter that it dropped...
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BP, Reliance announce start-up of MJ gas, condensate project offshore India

OilNOW -
BP and Reliance Industries Limited (RIL) have confirmed the successful start-up of the MJ gas and condensate project. Located offshore the east coast of India, MJ represents the third major deepwater development brought into production by the RIL-bp consortium...
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NGC expands presence in Trinidad’s gas industry with upstream asset acquisitions

OilNOW -
The National Gas Company of Trinidad and Tobago Limited (NGC) has taken a significant step forward in expanding its footprint in the country's gas industry with a series of strategic acquisitions of upstream gas assets.  NGC, through its wholly owned...
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About 60 companies expected for Guyana’s National Small Business Week 2023

OilNOW -
Guyana's National Small Business Week is set to kick off from July 21-29, 2023, and this year's edition is expected to feature the participation of around 60 small businesses. Under the theme of "Strategic Collaboration for Success," the event...
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‘We need everyone on board’ – Anne Rita Wijdh calls for faster implementation of Suriname’s local content framework

PARAMARIBO, SURINAME – In an exclusive interview with OilNOW, local content specialist Anne-Rita Wijdh offered her perspective on Suriname’s...

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