News

News

Exxon hits milestone at Stabroek Block as 1st pipe for Liza Phase 1 touches seabed

OilNOW -
Installation for the Liza Phase 1 Development in Guyana reached a milestone on Friday as the Saipem FDS 2 vessel lowered the first pipe to the seabed in preparation for oil production just months away. In a comment to OilNOW...
News

Keppel delivers world’s first EU Stage V dredger

OilNOW -
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary, Keppel Singmarine Pte Ltd (Keppel Singmarine) has delivered the world's first European Union (EU) Stage V dredger on time, within budget and with a perfect safety record, strengthening...
News

Brazil gov’t to pay Petrobras $9 billion in oil contract settlement

OilNOW -
Brazilian oil giant Petrobras will get $9.06 billion to settle a deep-water contract dispute with the government, ending years of negotiations and paving the way for Big Oil to access enormous crude deposits in the area, Bloomberg said in...
News

WinGD, ExxonMobil collaborate to advance adoption of smart shipping technology

OilNOW -
WinGD and ExxonMobil have announced a new collaboration that will see WinGD’s Integrated Digital Expert (WiDE) predictive maintenance technology join forces with the Mobil Serv℠ Cylinder Condition Monitoring service. The agreement between two major marine industry leaders will provide...
News

Magnitude of oil discoveries presents ‘historic opportunity’ for Guyana to boost growth – World Bank

OilNOW -
With approval of a US$20M loan from the World Bank to support a programme geared towards capacity building for Petroleum Resources Governance and Management, the South American country of Guyana is hoping to continue putting systems in place that could...
News

Wide-ranging services, supplies being sought for construction of ExxonMobil Guyana HQ

OilNOW -
NABI/KCL Oilfield Construction Services Guyana, a joint venture of NABI Construction Inc., Guyana and Kee-Chanona Limited of Trinidad, are seeking wide-ranging services for the construction of ExxonMobil Guyana’s new headquarters at Ogle, East Bank Demerara. The joint venture company has...
News

Rystad ranks Tilapia among top 3 discoveries for Q1 2019

OilNOW -
Norway-based Rystad Energy ranks the Tilapia discovery made by US oil major ExxonMobil off the Guyana coast in February as the third biggest conventional find for the first quarter of 2019. Cyprus’ Glaucus and South Africa’s Brulpadda were ranked...
News

TechnipFMC secures subsea contract for Lapa Pre-Salt Field in Brazil

OilNOW -
UK-based TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a contract for the Lapa field by Total E&P do Brasil Ltda on behalf of the Lapa Field Consortium, comprised of Total (35%), Shell Brasil Petróleo Ltda. (30%), Repsol Sinopec Brasil...
News

Pluspetrol farms into Suriname

OilNOW -
Buenos Aires-based Pluspetrol has taken further action to increase its holdings in Suriname. According to Suriname's state oil company Staatsolie, Tullow Oil has transferred a part of its interest in the production sharing contract (PSC) for offshore block 62 to...
News

Venezuela pledges to honor oil commitments to Cuba despite sanctions

OilNOW -
(Reuters) - Venezuela will “fulfill its commitments” to Cuba despite United States sanctions targeting oil shipments from the South American country to its ideological ally, Foreign Minister Jorge Arreaza said on Monday. Washington on Friday imposed sanctions on 34 vessels...
1...811812813...997Page 812 of 997

Latest News

NewsOilNOW -

Guyana launches Global Student Exchange with EU & UG on health, oil and gas, engineering sectors

The European Chamber of Commerce Guyana (ECCG), in partnership with the European Union and the University of Guyana (UG),...

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