News

Exploration

ExxonMobil to drill Koebi-1 in 30 days, Whiptail in May – Hess COO

OilNOW -
Even though the Canje block’s wildcat - Bulletwood-1 - did not result in a commercial discovery, ExxonMobil and its partners, Hess Corporation and CNOOC are still laser-focused on their exploration and appraisal work which will continue on the prolific...
News

Reduction in flaring expected soon as gas compressor set to return

OilNOW -
All repairs to the Liza Destiny FPSO flash gas compressor have been completed at the MAN Energy Solutions workshop in Germany and the equipment is expected to be returned to Guyana by the end of the month. “The compressor has...
News

Caribbean Energy Technology Platform to be launched in Q2 2021

OilNOW -
TechnologyCatalogue.com, fastest-growing global platform for technology solutions in the energy sector, has joined forces with One Basin Three Nations (OBTN) to help in the faster uptake of technology in the Caribbean energy sector. The partnership will bring Caribbean Energy Technology...
News

Oil soars to highest levels in almost 14 months

OilNOW -
(Reuters) - Oil prices jumped more than $1 a barrel on Friday, hitting their highest levels in nearly 14 months, after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery...
News

ExxonMobil Singapore workforce to see 7% reduction by year-end

OilNOW -
As a result of the unprecedented effects of the novel coronavirus on the industry, ExxonMobil has announced that its Singapore office is anticipated to see a 7 percent cut in its workforce of more than 4000 employees by year-end....
News

Bulletwood delivers ‘non-commercial’ find but in quality reservoirs

OilNOW -
The drill campaign at the Bulletwood-1 prospect on the ExxonMobil-operated Canje Block has concluded and according to preliminary results, the well encountered quality reservoirs but non-commercial hydrocarbons. “Bulletwood-1, the first well in the Canje block has confirmed our seismic interpretation...
News

Exxon planning to submit plan for 4th major development at Stabroek Block by year-end

OilNOW -
U.S Oil major ExxonMobil, operator at the 6.6 million acres Stabroek Block in Guyana, is planning to submit a development plan to authorities in the South American country for its fourth project offshore, by the end of the year. The...
News

Another local company fabricating fixtures for massive incoming oil production vessel

OilNOW -
Guyana Oil and Gas Support Services Inc. (GOGSSI) is the second local company to be recognized in as many days for providing fabrication services for the Prosperity Floating Production Storage and Offloading (FPSO) vessel being built by SBM Offshore...
News

Guyana condemns incursion of Venezuelan fighter jets at Eteringbang

OilNOW -
Guyana's Ministry of Foreign Affairs on Wednesday issued a statement condemning the incursion of Venezuelan fighter jets into Guyana's airspace on March 2, 2021. Below is the full statement: PRESS STATEMENT The Ministry of Foreign Affairs of the Cooperative Republic of Guyana...
News

Major local content milestone for Guyana as FPSO fabrication work being done in country

OilNOW -
Guyanese company, Industrial Fabrications Inc. (InFab), is one of two companies that were awarded contracts from SBM Offshore in Guyana to provide fabrication services for the Prosperity Floating Production Storage and Offloading (FPSO) vessel that is being built for...
1...579580581...999Page 580 of 999

Latest News

NewsShikema Dey -

More Guyanese technicians graduate from FacTor training program 

SBM Offshore Guyana’s Trainee Technician program churned out another 24 Guyanese graduates, who are now one step closer to...

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