Featured

Featured posts

News

Petronas expected to FID Block 52 gas development – Staatsolie Head 

Shikema Dey -
Suriname’s second final investment decision (FID) is expected from Petronas for a potential Block 52 development, Managing Director of Staatsolie, Annand Jagesar has said.  Petronas Suriname E&P is the operator of Block 52 with a 50% participating interest. ExxonMobil Exploration...
News

Saipem seeks catering services for VEHSI facility

OilNOW -
Italian engineering and drilling firm Saipem is seeking Expressions of Interest (EOIs) for catering services at its Vreed-en-Hoop Shore Base Inc. (VEHSI) facility. Saipem's operation at VEHSI spans 81,000 square meters.  VEHSI is a collaboration between NRG Holdings, a 100%...
News

TOTALTEC launches state-of-the-art hospitality complex in Guyana

OilNOW -
TOTALTEC Inc. has announced the launch of its new hospitality group, CampBOSS Inc., which will open its first facility in Houston, Greater Georgetown. The state-of-the-art complex will feature 52 rooms, with plans to expand to over 100 rooms in...
News

Surveys begin for Shell’s Dragon Gas project off Trinidad and Tobago’s coast

OilNOW -
Surveys have officially begun for the Dragon Gas Project as the Dona Jose 2 vessel embarked on a geophysical and geotechnical study at Tembladora Port, Chaguaramas. The vessel, chartered by Geohidra—a Venezuelan company contracted by Shell—will gather data from...
News

Stability crucial for US$55 billion investment in Stabroek Block

OilNOW -
By 2027, US$55 billion would have been invested in oil and gas projects in Guyana by ExxonMobil and its co-venturers Hess and CNOOC. This commitment is based on the terms of the 2016 Stabroek Block Production Sharing Agreement. “Any change...
News

Drilling at Hammerhead-4 to reinforce confidence in project design – Routledge

OilNOW -
ExxonMobil is drilling the Hammerhead-4 appraisal well offshore Guyana, ahead of its Hammerhead development project, which aims to produce oil from the 2018 discovery.  According to ExxonMobil Guyana President Alistair Routledge, the appraisal drilling of Hammerhead-4 is a crucial step in further...
News

Block 58 FID confirms Guyana-Suriname basin’s status as top exploration zone – Rystad Energy 

OilNOW -
The recent Final Investment Decision (FID) in Block 58 has reaffirmed the Guyana-Suriname Basin's position as one of the most promising oil exploration regions in the world. According to Schreiner Parker, Managing Director for Latin America at Rystad Energy,...
News

OneSubsea secures major contract for Petrobras’ Roncador project in Brazil

OilNOW -
SLB’s OneSubsea™ joint venture has secured a significant contract from Petrobras for the Roncador project, located offshore Brazil.  This contract follows a competitive tender process and focuses on expanding the Roncador field in the Campos Basin. SLB OneSubsea and TotalEnergies partner...
News

Capping stack to be stationed at Vreed-en-Hoop port long term – Exxon President

OilNOW -
ExxonMobil Guyana President Alistair Routledge said the recently arrived capping stack in Guyana, which is currently stationed at the Guyana Shore Base Inc. (GYSBI), is expected to be relocated to the Vreed-en-Hoop Shore Base Inc. (VEHSI) at some point. The...
News

University of Guyana to be tuition-free by January 2025

OilNOW -
President of Guyana, Dr. Mohamed Irfaan Ali, announced during an October 10 Parliamentary address that starting from the January 2025 semester, tuition fees will be completely abolished at the University of Guyana.  The measure is expected to benefit over 11,000...
1...91011...917Page 10 of 917

Latest News

NewsOilNOW -

Guyana may enter long-term oil supply deals if there is market oversupply – VP

Guyana's Vice President, Bharrat Jagdeo, said the government may enter a long-term oil supply deal if there is oversupply...

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