Featured

Featured posts

News

Liza Destiny FPSO gas compressor start-up targeted for this week

OilNOW -
ExxonMobil Guyana said on Tuesday teams of experts are making final preparations for start-up of the flash gas compressor this week on the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel, in order to restore the flare to...
News

Local content consultations wrap up with participation from over 180 agencies, firms

OilNOW -
The Ministry of Natural Resources (MNR) said on Tuesday that it has concluded a series of strategic engagements with various stakeholders in Guyana on the revised draft Local Content Policy (LCP). MNR said this policy initiative responds to commitments made...
News

‘Level of negativity to oil industry in Guyana has always surprised me’ – Ramnarine

OilNOW -
Trinidad and Tobago’s (T&T) former Minister of Energy and Energy Affairs, Kevin Ramnarine, says he has been visiting Guyana frequently over the last five years and the one key thing that has always surprised him is the level of...
News

Bourbon mobilizing 3 more vessels for major Guyana deepwater operations

OilNOW -
Marine Services provider, Bourbon Offshore, is mobilizing three more vessels for its operations offshore the new oil producing country of Guyana. “We now have two on long term contracts with the major operator, and with these three with a...
News

Robots could replace hundreds of thousands of oil and gas jobs, save billions in drilling costs by 2030 – Rystad Energy

OilNOW -
Even when the pandemic downturn is finally past us, operators will have to continue exploring new avenues for cost reductions to be better equipped to withstand future market declines. In a report that looked into the adoption of robotics...
News

Maduro wants to pay for coronavirus vaccines with oil

OilNOW -
(Reuters) - Venezuelan President Nicolas Maduro on Sunday proposed paying for vaccines against the novel coronavirus with oil, though he provided few details about how such a scheme would work. The crisis-stricken OPEC nation’s crude exports have plummeted to their...
News

Crude oil futures edge higher, Brent pushes past $65

OilNOW -
(S&P Global Platts) Crude oil futures edged higher during mid-morning trade in Asia March 30 as optimism over the OPEC+ coalition persisting with its supply cuts and expectations of increased downstream products demand supported the market, although a stronger...
News

Boskalis refloats giant container ship, unblocks Suez Canal

OilNOW -
Boskalis announces the successful salvage operation of the grounded 20,000 TEU container vessel Ever Given in the Suez Canal. With a length of 400 meters and a width of nearly 60 meters this giant ship had been wedged in this...
News

World’s ‘second worse gas flaring nation’ now looking to develop gas to boost electricity supply

OilNOW -
(S&P Global Platts) Iraq and French oil major Total agreed to jointly work on developing four associated gas and solar power projects, the country's oil ministry said March 29, as OPEC's second largest producer seeks to reduce dependence on...
News

Cost of gas to power project will be ‘very small percentage’ of Stabroek Block ‘cost pool’ – Ramnarine

OilNOW -
The estimated US$600 million to US$800 million cost to run a gas pipeline from the Liza field to shore in Guyana will not make much of a difference to the overall economics of the Stabroek Block. So says former...
1...604605606...1,007Page 605 of 1,007

Latest News

NewsOilNOW -

Guyana’s first major oil & gas training college to welcome full cohort next month

The long-awaited Guyana Technical Training College Inc. (GTTCI) is set to welcome its first cohort of students to be...

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