Exploration

Exploration

Maersk Drilling bags four-well contract for Brazil campaign

OilNOW -
Maersk Drilling has been awarded a contract with Karoon Energy Ltd for the semi-submersible rig Mærsk Developer to perform well intervention on four wells at the Baúna field offshore Brazil. The contract is expected to commence in the first...
Exploration

Bulk of current drillship demand in ‘golden triangle’ where Guyana offshore remains busy

OilNOW -
The bulk of current drillship demand is in the so-called golden triangle area which comprises the Gulf of Mexico (US and Mexico), South America (Brazil, Guyana & Suriname), and Africa (west, south, and east coasts). These regions account for...
Exploration

ExxonMobil drilling operations continue at Turbot-2, Bulletwood-1

OilNOW -
ExxonMobil is continuing its drilling operations offshore Guyana at the Turbot-2 prospect in the Stabroek Block and at Bulletwood-1 in the adjacent Canje acreage. The recently arrived Noble Sam Croft is undertaking exploration drilling activities at Turbot-2 located approximately 103...
Exploration

Time to act is now for Latin America oil producers, newcomer Guyana in position to soar

OilNOW -
Countries around the world including those in the Latin America and Caribbean region are taking measures to ramp up oil and gas production knowing that the window is closing for development of these resources at prices that would make...
Exploration

Total puts brakes on drilling operations at South Africa block

OilNOW -
(Reuters) - French oil major Total has decided to postpone its application for additional drilling in a South African offshore gas block, a letter seen by Reuters from the consultancy conducting the environmental and social assessment showed. The delay is...
Exploration

Major expansion works at Guyana Shore Base set to pull more projects from T&T

OilNOW -
Just under six years since its first oil discovery and around 16 months since production began, shore base capabilities in Guyana to service the offshore operations are rapidly growing resulting in an increasing number of projects being moved from...
Exploration

Touchstone confirms ‘liquids rich’ natural gas discovery in Trinidad and Tobago

OilNOW -
Canada-based oil and gas company Touchstone Exploration Inc. said on Monday the completion of flowback testing of the Cascadura Deep-1 well in Trinidad and Tobago confirms a liquids rich natural gas discovery. Touchstone has an 80 percent operating working...
Exploration

ExxonMobil’s 6th drill ship arrives in Guyana

OilNOW -
The Noble Sam Croft has arrived offshore Guyana taking the total number of drill ships on contract with ExxonMobil operating in the South American country to six. The Sam Croft was recently released from drilling operations in neighbouring Suriname where...
Exploration

Guyana wells have high recovery rates, can be drilled faster than any other deepwater basin in the world

OilNOW -
The Guyana basin continues to shine with a range of world class attributes such as low breakeven prices, high quality crude and wells that are relatively shallow, which one co-venturer in the prolific Stabroek block says can be drilled...
Exploration

Around 2500 offshore wells set to be drilled in major deepwater comeback, Guyana at forefront

OilNOW -
Oil and gas exploration activities remain resilient even after a devastating year that saw investments declining by more than 30%, widespread shut-ins, and well over 100 bankruptcy filings. But after the gloom of 2020 oil and gas demand recovery...
1...262728...56Page 27 of 56

Latest News

NewsOilNOW -

Look beyond the barrels for the success of Guyana’s oil industry – Ali 

President Irfaan Ali has urged Guyanese to measure the success of the oil industry by more than just the...

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