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Driller with most rigs offshore Guyana seeking services from local contractors

OilNOW -
Noble Drilling is seeking multiple services in the new oil producing country of Guyana where it is operating four of the six rigs on contract with oil major ExxonMobil. The company has put out Expressions of Interest (EOI) for Ground...
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Guyana launches new EITI multi-stakeholder group

OilNOW -
Guyana's Ministry of Natural Resources appointed a new 12-member multi-stakeholder group (MSG) on Monday to oversee the implementation of the country's obligations to the Extractive Industries Transparency Initiative (EITI). It is the second such appointment since the country joined the...
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India’s crude oil imports hit four-month high

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(Reuters) - India's crude oil imports rose to a four-month high in August, recovering from the near one-year low in July, with refiners buying incremental barrels mainly from Latin America and the United States, tanker data from trade sources...
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Exxon, other oil majors pledge to reach net zero emissions

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(S&P Global Platts) A group of 12 of the world's biggest oil and gas majors pledged Sept. 20 to reach net zero emissions from operations under their control (Scope 1, 2) and updated targets for reducing the methane and...
Exploration

Head of Guyanese energy chamber says Exxon moving in right direction on local content

OilNOW -
President of the Guyana Oil and Gas Energy Chamber (GOGEC), Manniram Prashad, said on Monday the organisation welcomes the comments made by President of ExxonMobil Guyana, Alistair Routledge, that by next year the company is moving almost all its...
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BP delivers first gas for T&T’s Matapal project

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BP Trinidad and Tobago LLC (bpTT) on Monday confirmed its Matapal project has safely achieved first gas. The major milestone was achieved ahead of schedule and under budget despite the constraints brought about by the COVID-19 pandemic. Matapal is bpTT’s...
Exploration

Tullow looking to bring in partners, reduce capital exposure in Guyana

OilNOW -
UK-based Tullow Oil said last week that strong operational performance in the first half of the year and transformational debt refinancing have put the company on a firm footing to deliver its business plan, even as it looks to...
Exploration

More than 600,000 wells to be drilled globally between 2021 and 2030 – Rystad Energy

OilNOW -
Global drilling activity is poised to bounce back from a tough 2020 with close to 58,000 wells lined up for this year and over 600,000 expected to be drilled by 2030, according to Norway-based energy research and business intelligence...
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Iraq, Baker Hughes developing 200 MMcf/d gas project amid plans to end flaring

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(S&P Global Platts) Iraq's state-owned South Gas Co. and Baker Hughes plan to develop a 200 MMcf/d gas recovery project in the south following a three-year delay, the oil minister said Sept. 19, as part of plans to end...
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SABIC, ExxonMobil JV in U.S. preparing for initial startup

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(Reuters) - Saudi Basic Industries, the world's fourth-biggest petrochemicals firm, said on Sunday its joint venture project with ExxonMobil in the U.S. Gulf Coast has started commissioning activities and preparing for an initial startup. The project includes the establishment of...
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Wales Gas-to-Energy project accelerates with 120 day foundation plan

Guyana’s Gas-to-Energy project at Wales is entering a crucial phase as contractor Lindsayca Guyana pushes to complete all foundation...

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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