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Halliburton, Honeywell collaborate to improve reservoir asset productivity

OilNOW -
Halliburton and Honeywell announced Monday a collaboration to maximize asset potential, reduce execution risk and lower the total cost of ownership for oil and gas operators. The collaboration will leverage Halliburton Landmark’s DecisionSpace® 365 E&P cloud applications and Honeywell Forge,...
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Oil tanker SKS SPEY lifts Guyana’s 3rd million-barrel cargo

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The offloading of Guyana’s 3rd million-barrel oil cargo from the Liza Destiny FPSO to Norwegian flag-carrier SKS SPEY concluded on Sunday, marking the final lift under the current contract the country has with Shell Western Supply and Trading Limited. Brent...
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Guyana stands united on settling Venezuela border controversy at ICJ – President Ali

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President of Guyana Dr. Mohamed Irfaan Ali has committed to safeguarding the sovereignty of the South American oil producing country, noting that all Guyanese stand united on the issue of the integrity of the country’s borders. Speaking at his inauguration...
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CLBD set to host webinar on evolution of Guyana’s safety culture this week

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The Centre for Local Business Development (CLBD) will host a Health, Safety, Security and Environment (HSSE) webinar on the evolution of Guyana’s safety culture this week. The discussion will focus on the evolution of safety standards in Guyana and...
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General Election 2020: Trinidad and Tobago decides today

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(Loop News) Today, eligible electors from all over the country will cast their vote for the next government of Trinidad and Tobago. It has been a brisk but eventful election season, set against the backdrop of a global pandemic and...
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South America’s emerging deepwater oil giants pledge strategic alliance

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Following discussions over the last 24-hours between the newly elected Presidents of Guyana and Suriname, the two leaders announced on Sunday their intent to strengthen bilateral relations between the two South American countries that will see strategic collaboration in...
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Liza and Kwaskwasi are giants in the prolific Guyana-Suriname basin

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The Guyana-Suriname basin has been the subject of much discussion since US oil major ExxonMobil made its world class Liza discovery in 2015 at the prolific Stabroek Block. Appraisal drilling showed Liza contained 800 million to 1.4 billion barrels...
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Oil giants’ production cuts come to 1 million bpd as they post massive write-downs

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(Reuters) - The world’s five largest oil companies collectively cut the value of their assets by nearly $50 billion in the second quarter, and slashed production rates as the coronavirus pandemic caused a drastic fall in fuel prices and...
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Brazil doubled oil exports in July

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(MercoPress) Brazilian oil exports more than doubled in July to 8.19 million tons, compared to 3.76 million tons shipped in July 2019, according to data released by the Foreign Trade Secretariat, Secex. The volume was the second highest in 2020,...
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‘Every cent of oil money must be accounted for’ – Guyana President reaffirms at inauguration

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President of Guyana Dr Mohamed Irfaan Ali says his government will ensure transparency and accountability in the oil and gas sector, citing the phenomenal growth projections of the International Financial Institutions for the South American country this year. Dr. Ali...
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Stabroek Block reaches 51 discoveries as Liza’s breakthrough continues to shape Guyana’s oil future

Guyana’s Stabroek Block now has 51 discoveries filed with the Ministry of Natural Resources. ExxonMobil confirmed the figure in...

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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