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Shell to kick off Brazil drilling campaign in second half of 2021

OilNOW -
(S&P Global Platts) Shell plans to carry out a drilling campaign offshore Brazil in the second half of 2021, Shell Brasil President Andre Araujo said April 16. "Yes, we're going to have a drilling campaign in 2021, with the timing...
News

T&T Energy Minister Franklin Khan passes away

OilNOW -
Trinidad and Tobago’s Energy Minister Franklin Khan has died. Loop News said in an article on Saturday morning that a government official confirmed his death. A former energy ministry official also confirmed Khan’s passing to OilNOW on Saturday. According to...
News

Guyana must accept it has crucial skills shortage for oil sector; temper local content expectations – Greenidge

OilNOW -
The reality facing Guyana, the world’s most envied deepwater exploration hotspot, is that it suffers from a crucial shortage of skills required for the oil sector. It must therefore temper its expectations as it seeks to lay down the...
News

Schlumberger one step closer to setting up US$750,000 storage, calibration facility in Guyana

OilNOW -
Oilfield Services Company Schlumberger is one step closer to setting up a source storage and calibration facility in Guyana to support the offshore exploration and production activities in the South American country. The company had submitted an application to the...
News

Frontera loans CGX US$19M to cover costs for Guyana projects

OilNOW -
Frontera Energy Corporation has disclosed that it loaned its joint venture partner, CGX Energy Inc., US$19 million so that it would be able to cover its share of the costs related to the Corentyne, Demerara, and Berbice blocks; the...
News

Drilling company operating offshore Guyana completes major acquisition

OilNOW -
Noble Corporation announced Friday the completion of its acquisition of Pacific Drilling Company LLC, effective on April 15, 2021. Noble said Pacific Drilling's high specification ultra-deepwater drillship fleet further enhances its global position as an owner and operator of one...
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...
News

Thousands of individuals, local companies gaining from capacity building, training for oil and gas opportunities

OilNOW -
More local companies are registering on the Centre for Local Business Development’s Supplier Registration Portal and benefitting from training and capacity building being provided by the Centre. “To date, over 2900 Guyanese companies have registered on the Centre’s Supplier Registration...
News

Guyana using its foreign policy to strengthen relationship with old allies, build new partnerships with oil producing nations

OilNOW -
By Wazim Mowla - OilNOW While some states aim to use foreign policy to increase their standing in the world, for advocacy, or as a tool to compete with others, Guyana’s has centered on promoting its economic development at home....
News

Overwhelming offshore demand sees Guyana Shore Base looking to extend southwards

OilNOW -
Just in the first quarter of this year, two additional drill ships – Noble Sam Croft and Stena DrillMAX - have been added to the ExxonMobil fleet, bringing the total to six operating offshore Guyana. These vessels along with...
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Chevron earnings dip as Guyana operations strengthen portfolio

Chevron Corporation today reported earnings of US$3.5 billion (US$1.82 per diluted share) for the third quarter of 2025, down...

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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