News

News

US oil output poised to set yet another record in 2019 – Rystad Energy

OilNOW -
US oil production keeps accelerating towards new highs. New records are expected both when the final numbers for May emerge and at the end of the year. Rystad Energy is raising its forecast for US crude output to 13.4 million...
News

Brazil facing offshore gas constraint issues

OilNOW -
Brazil urgently needs investment in offshore pipelines and onshore processing facilities to develop its offshore gas resources, according to Wood Mackenzie. The consultant expects the country to deliver close to 5 MMb/d of oil in the late 2020s, with more...
News

Britain, Guyana reaffirm friendship as South American country preps for oil windfall

OilNOW -
Guyana’s President, David Granger, on Thursday said the United Kingdom remains a strategic partner of Guyana, noting that the relationship between the two countries has provided valuable assistance to Guyana in numerous fields. The President was at the time speaking...
News

Italian oil contractor Saipem opens office in Guyana

OilNOW -
On Tuesday, June 4, 2019, Italian oil and gas industry contractor Saipem celebrated the establishment of its first country office in Guyana. The office, located in Georgetown, will serve as the headquarters for their local operations. While the company has...
News

More Guyanese being trained and employed in O&G industry

OilNOW -
With the impending Oil and Gas industry in Guyana, a matter of great concern has been local content, and how Guyanese can benefit from the industry--not just the resource but employment and getting them ready for the employment opportunities...
News

Will Venezuela’s oil output collapse in 2019?

OilNOW -
(Rigzone) Fitch Solutions does not expect to see Venezuela’s oil output collapse and go to zero in 2019, according to the company’s head of oil and gas analysis, Joseph Gatdula. The Fitch Solutions representative conceded that the oil sector in...
News

GYSBI, TOTALTEC ramp up manpower recruitment drive ahead of Liza Destiny arrival

OilNOW -
The Guyana Shore Base Inc. (GYSBI) and TOTALTEC Oilfield Services will be collaborating to recruit and train over 120 Guyanese in basic safety and oilfield operations to enable them to successfully join and participate in the South American country’s...
News

Stabroek reservoirs expected to deliver high production rates – Hess

OilNOW -
The deepwater reservoirs in Guyana’s Stabroek block where more than 5.5 billion barrels of oil have been found rank among the best in the world for quality and are expected to deliver high productivity. This is according to Chairman...
News

Shell sets out oil, gas growth case despite fossil fuel qualms

OilNOW -
(S&P Global Platts) Shell pledged Tuesday to continue growing its oil and gas production over the coming decade by spending more developing its shale assets while holding output steady from deepwater and conventional upstream projects, despite escalating climate concerns...
News

Kosmos strikes oil at Gladden Deep

OilNOW -
Kosmos Energy (NYSE: KOS) (LSE: KOS) announced on Tuesday an oil discovery at Gladden Deep in the US Gulf of Mexico (GOM) where the company has a 20% working interest. Gladden Deep is a sub-sea tie back which is expected...
1...815816817...1,017Page 816 of 1,017

Latest News

NewsOilNOW -

Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali,...

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