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Anadarko halts GoM operations ahead of ‘Gordon’

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US oil company Anadarko said on Monday that it has evacuated workers and shut down production on two oil platforms in the northern Gulf of Mexico following hurricane warnings, as tropical storm ‘Gordon’ approaches. The company, which has an exploration...
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World-class Liza field accounts for 15% of all crude found globally since 2015

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UK-based industry analyst Wood Mackenzie says Guyana has been one of the most dominant players in the oil and gas industry since 2015 with a record number of discoveries being made, most notable of which are those in the...
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Noble Tom Madden set for Pluma drill campaign as ExxonMobil ramps up oil search in Guyana

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Fresh off of its 9th discovery offshore Guyana, US oil major ExxonMobil already has a new target in its cross-hairs and will aim to begin drilling operations  around October this year. The company says potential for additional production from significant...
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PM Rowley to OWTC – ‘Buy the refinery’

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In wake of the ongoing storm over the future of Trinidad and Tobago’s Petrotrin, Prime Minister Dr Keith Rowley has announced that the Oilfields Workers Trade Union (OWTU) will be given the first option to buy the beleaguered Pointe-a-Pierre...
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Guyana can become richest corner of the continent

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(Rigzone) Following Exxon Mobil Corp.’s latest Hammerhead-1 discovery, the company’s ninth discovery offshore Guyana, it’s believed the country will create the greatest value of any offshore basin since the downturn, according to Maria Cortez, Wood Mackenzie’s Latin American upstream senior...
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Guyana oil industry should not be Trinidad’s ‘next meal’ – Persaud

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Former Guyanese Minister of Natural Resources and the Environment Robert Persaud has shot down a suggestion made over the weekend by Trinidad and Tobago’s Opposition Leader Kamla Persad-Bissessar, saying ‘Guyana is not here to bailout’ the twin-island republic. He...
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Eco-Atlantic encouraged by ExxonMobil’s 9th discovery close to its block offshore Guyana

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Eco-Atlantic Oil & Gas said it is encouraged by the latest ExxonMobil oil discovery at Hammerhead-1 in the Stabroek Block offshore Guyana. Hammerhead-1 is said to be located seven kilometres from the boundary with the Orinduik block, where Eco...
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Closure of ailing refinery will save Trinidad from financial disaster – Prime Minister

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In an address to the nation on Sunday night, Trinidad and Tobago’s Prime Minister, Dr Keith Rowley said his government had to proceed with the hard decision of closing the Petrotrin refinery since failing to do so would have...
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Pioneering Spirit vessel in ‘record-breaking’ mission for TurkStream project

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(Offshore Energy) Offshore services provider Allseas said via social media on Thursday that the massive Pioneering Spirit vessel broke a pipe-laying record on Sunday, August 26. Namely, the massive Pioneering Spirit installed a record-breaking 6.3 kilometers of pipe in one...
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Former TT Prime Minister thinks Guyana oil can save Petrotrin refinery from closure

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Former Trinidad and Tobago Prime Minister, Kamla Persad-Bissessar is urging the current government in the twin-island republic to pursue a partnership with neighbouring Guyana to refine its oil in order to avert the closure of the Petrotrin refinery. According to...
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Ali: Fighting transnational crime vital, protecting sovereignty is Guyana’s business

Guyana's President, Dr. Irfaan Ali made it clear today that protecting his country's sovereignty remains a top priority. 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.

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