News

News

Seismic activity believed to have triggered oil spill in T&T

OilNOW -
News outlets from Trinidad and Tobago are reporting that there has been an oil spill which has occurred in the Gulf of Paria, said to be off Plat­form 9 at the Sol­da­do North Fields in South­west Trinidad. Reports say that...
News

Defending territory is important to protect oil wealth

OilNOW -
It was disclosed by Guyana’s Minister of Foreign Affairs, Carl Greenidge, on Thursday that the Government has spent US$3.7M in 2018 to fight Guyana’s border case at the International Court of Justice (ICJ). “This business at the ICJ is a...
News

Russian air base in the region a breach to existing treaty – Greenidge

OilNOW -
Guyana is concerned about reports that Russia is considering setting up an air base in the Caribbean saying such an action contradicts an existing agreement. The country’s Foreign Minister Carl Greenidge referred to the 1968 Treaty of Tlatelolco for the...
News

T&T’s regulatory oversight, succession planning weak

OilNOW -
…Anthony Paul on Petrotrin’s transition Energy Strategist from Trinidad and Tobago Anthony Paul believes two issues need to be seriously looked at if the transition since the demise of Petrotrin is to be a success – the regulatory framework and...
News

ExxonMobil named Explorer of the Year

OilNOW -
ExxonMobil said today that it has been named 2018 Large Cap Company of the Year and Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry. Brad Corson,...
News

CGX Energy Inc. contracts Ralph Coffman rig for Utakwaana well

OilNOW -
CGX Energy Inc. through its wholly owned subsidiary CGX Resources Inc. announced that it has entered into a definitive rig agreement with ROWAN RIGS S.À R.L for the provision of rig services for the drilling of the Company’s Utakwaaka-1...
News

Hess expects free cash flow generation by 2022 – John Hess

OilNOW -
CEO of HESS Corporation John Hess said that despite the volatility in oil prices and the decline of financial markets, Hess has not changed its long-term strategy with a focus on executing it to deliver value to its shareholders...
News

Guyana ahead of USA and Russia in 2018 oil discoveries

OilNOW -
Guyana leads the way ahead of industry giants the United States of America and Russia in terms of barrels of oil equivalent (boe) petroleum discoveries for the year 2018. According to a report from Rystad Energy, “2018 stands already as...
News

Noble Tom Madden’s contract with Esso ends February 2019

OilNOW -
The contract for the drillship Noble Tom Madden, which has been drilling exploration wells in the Stabroek Block offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana Ltd., is scheduled to come to an end mid February 2019,...
News

Kanuku and Orinduik are next blocks to watch offshore Guyana

OilNOW -
Stabroek is the “gift that keeps giving” offshore Guyana, but industry analyst Wood Mackenzie reminds that “it’s not the only block in the country” as drill campaigns are set to get underway in two other blocks with potential for...
1...812813814...978Page 813 of 978

Latest News

NewsOilNOW -

Offshore Frontier Solutions wins contract for ExxonMobil’s Hammerhead FPSO in Guyana

Offshore Frontier Solutions Pte. Ltd. (OFS), a joint venture between MODEC Inc. and Toyo Engineering Corporation, has secured a...

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