Driven by its significant investment in Guyana, ExxonMobil is leader of the pack among the top oil and gas explorers of 2018, according to Rystad Energy’s annual exploration review.
“ExxonMobil was exceptional, both in terms of discovered volumes and value...
As it looks to support plans to double operating cash flow and earnings by 2025, Exxon Mobil Corporation on Thursday announced that it will streamline its upstream organization and centralize project delivery across the company.
ExxonMobil is leading the charge in Guyana...
Self-proclaimed interim president of Venezuela Juan Guaido has refused to rule out accepting US military support amid the escalating political crisis, but said he hopes it does not come to that.
According to a CNN article posted on Thursday, Guaido...
Lindon Swamy’s wife is used to missing him.
For more than two decades, Lindon spent months at a time away from home working at sea as a ship’s mechanic. He is completely at ease in the engine room of a...
Total is launching its biggest exploration campaign for years in 2019 as part of a turnaround plan that is ditching the company’s focus on risky long-shots in favour of areas known to contain commercial levels of oil or gas.
The...
Rystad Energy analyst Paola Rodriguez-Masiu believes that while the sanctions announced on Monday by the US against Venezuelan state oil company PDVSA will have some effect, this will not be harsh as the Trump administration expected.
“The sanctions will deal...
TechnipFMC has been awarded a substantial integrated Engineering, Procurement, Construction and Installation (iEPCITM) contract for a North Sea development.
According to a press release onTuesday, the contract awarded by Lundin Norway covers the delivery and installation of subsea equipment including...
CNOOC Limited on Monday announced a new discovery on the Glengorm prospect, located in offshore UK Central North Sea.
“The Glengorm discovery is located in License P2215 with a water depth of approximately 86 meters. The exploration well Glengorm was...
The BBC is reporting that the US has imposed sanctions on Venezuela's state-owned oil firm PDVSA in a bid to pressure the country’s military into accepting a peaceful transfer of power.
The article quotes National Security Adviser John Bolton as...
The third batch of sub-sea pipes for the Liza Phase 1 Development Project is expected to arrive in Guyana within weeks as work intensifies ahead of first oil in the South American country.
Speaking to OilNOW on Thursday at the...