Featured

Featured posts

News

Total sells offshore block to Shell for $300 million

OilNOW -
Total said on Wednesday it has signed an agreement to sell its wholly owned subsidiary Total E&P Deep Offshore Borneo BV — which holds an 86.95% interest in Block CA1, located 100 kilometers off the coast of Brunei —...
News

Guyana oil production targeted for possible December start-up

OilNOW -
Oil production in the South American country of Guyana is targeted for a possible December start-up at the Liza Phase 1 Development, months ahead of the originally planned timeline of QI 2020. The Liza field sits in the giant 6.6...
News

Guyana revenue take will increase as oil production climbs

OilNOW -
The projected revenues the South American country of Guyana is set to receive from oil production have been steadily growing since approval of the first offshore development at the giant Liza field. The Liza Phase 1 Development, sanctioned in June...
News

The surprising winner of the oil & gas exploration race

OilNOW -
(Oil Price) Norway saw the highest number of oil and gas discoveries in the third quarter, with six out of the 38 oil and natural gas finds made around the world, data and analytics company GlobalData said in a new...
News

BP eyes Brazil gas buildout, may swap LNG imports for domestic output

OilNOW -
(Reuters) BP Plc (BP.L) wants to be part of an effort to build up natural gas infrastructure in Brazil, an executive said on Tuesday, and believes a power plant it is building in Rio de Janeiro could eventually be...
News

Hess strikes oil in deepwater Gulf of Mexico

OilNOW -
Hess Corporation (NYSE:HES), a 30 percent co-venturer in Guyana’s Stabroek Block, on Tuesday announced an oil discovery at the Esox-1 exploration well located in Mississippi Canyon Block No. 726 in the deepwater Gulf of Mexico. Esox-1 was drilled in 4,609 feet (1,405...
News

Mauritania now ties Guyana for 2nd most discovered volumes this year

OilNOW -
On Monday BP announced a major gas discovery, Orca-1, off the coast of Mauritania, which Rystad Energy says is the deepest and largest discovery so far this year. The Norway-based energy research and business intelligence company estimates Orca-1 holds...
Exploration

World ‘awash’ in oil says US Energy Secretary

OilNOW -
(Bloomberg) Global markets are “awash” in crude thanks to the surge in U.S. oil output, and the boom looks set to continue, U.S. Energy Secretary Rick Perry said in a Bloomberg TV interview. U.S. shale production has turned the world...
News

Algeria looking to reintroduce PSAs to boost O&G investments

OilNOW -
Algeria has recently introduced a new hydrocarbons law bill whose goal is to increase the attractiveness of its petroleum fiscal framework after years of reduced foreign investment in the oil and gas sector. However, like Guyana, success in establishing...
Exploration

Halliburton, Repsol sign cloud data management deal for exploration and production

OilNOW -
Halliburton Company (NYSE: HAL) announced on Monday a multi-year agreement with Repsol to provide a cloud-based master data management solution for exploration and production (E&P) activities. The software as a service enables users to load, ingest, manage and access...
1...806807808...1,017Page 807 of 1,017

Latest News

NewsOilNOW -

Guyana’s Uaru and Whiptail projects on track for 2026 to 2027 start-up – Routledge

Alistair Routledge,  President of ExxonMobil Guyana says the company’s fifth and sixth developments — Uaru and Whiptail — are...

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