Featured

Featured posts

News

TechnipFMC opens new facility in Texas

OilNOW -
TechnipFMC has opened a new facility in Odessa, Texas which will bring together its surface product and service lines in one consolidated complex so that the company can better support the Surface Americas’ integrated pad offering to clients. The facility...
News

Surge in oil-related investments expected in Guyana this year

OilNOW -
Investment in oil-related activities and business ventures in Guyana is expected to surge in 2017 as offshore operators and other players in the industry ramp up preparations for first oil production in the South American country. Already, a number of...
News

Tullow Oil director appointed to Providence board

OilNOW -
Irish oil and gas exploration company Providence Resources has appointed a new non-executive director to its board of directors with effect from June 1, 2017. Providence said on Monday that the exploration director and main board director of Tullow Oil,...
News

Oil prices projected to hit $60-$80 per barrel by 2020

OilNOW -
There is clear consensus that oil prices will be in the $50-60 per barrel range this year, and within the $60-80 per barrel range in 2020, according to a new survey from Wood Mackenzie. This projection bodes well for the...
Exploration

Tullow working up drilling prospects offshore Guyana, Uruguay

OilNOW -
Tullow Oil is stepping up exploration of frontier basins offshore South America and West Africa. The company’s New Ventures team has completed a 2D seismic survey off Jamaica and a 3D survey offshore Uruguay, Offshore reports. Tullow will use the Uruguay...
News

Guyana must guard against over-dependence on oil and gas revenues – Mexican academic

OilNOW -
Guyana must be mindful of over-dependence on its newly discovered and soon to be extracted oil and gas resources if it is to guard against the dreaded resource curse, said a Mexican academic. Speaking at last Wednesday’s Turkeyen and Tain...
Discoveries

Repsol discovers massive oil field in Alaska

OilNOW -
Spanish oil company Repsol SA has discovered a giant oil field in Alaska, a potential find big enough to help stem production declines in the state. Repsol said two wells drilled this winter with Denver-based partner Armstrong Oil & Gas,...
News

Suriname Staatsolie warns against fraudsters offering jobs with company

OilNOW -
Suriname state oil company, Staatsolie, has issued a warning about fraudsters who claim they represent the company and are making false job offers to individuals around the world. These false offers are the basis for a variety of fraudulent activities,...
News

Brazil enacts new bidding rules for production sharing regime

OilNOW -
Brazil's Decree 9.041/2017 entered in force last week, regulating Law 12.351/2010 relating to Petrobras’ preferential rights to act as operator in consortiums for exploration and production in blocks subject to the production sharing regime. In its original wording, Law 12.351/2010...
News

Public presentation on oil refinery set for May 17 in Guyana

OilNOW -
A presentation will be made on the feasibility of establishing an oil refinery in Guyana on May 17 by the consultant hired to look into the matter by the Guyana government. Pedro Haas, Director of Advisory Services at Hartree Partners will...
1...965966967...974Page 966 of 974

Latest News

NewsOilNOW -

Applications open for GTTCI Instructor roles to support offshore oil training

The Government of Guyana is inviting applications for eight Instructor positions at the new Guyana Technical Training College Incorporated...

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