News

News

Occidental set to acquire Anadarko in $57 billion deal

OilNOW -
Occidental (NYSE: OXY) on Thursday entered into a definitive agreement that will see it acquiring Anadarko Petroleum Corporation (NYSE: APC) for $59.00 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock, in a...
News

Schlumberger hires 12 Guyanese from TOTALTEC Academy Program for Oilfield Operations

OilNOW -
Schlumberger has hired 12 persons from the 5th graduating class of the TOTALTEC International Petroleum & Maritime Academy (IPMA). According to a press release from TOTALTEC, six will begin their careers with additional training in Trinidad while the other...
News

Guyana government guarding against over-dependence on oil – former business minister

OilNOW -
Former Minister of Business in Guyana Dominic Gaskin believes that while there will be some meeting of Guyana’s needs from oil revenues in the short term, the real benefits to the country will be had during the medium and...
News

Chevron set to walk away from Anadarko take-over

OilNOW -
Chevron Corporation announced on Thursday that, under the terms of its previously announced Merger Agreement with Anadarko Petroleum Corporation (NYSE: APC), it will not make a counterproposal and will allow the four-day match period to expire. Accordingly, Chevron anticipates that...
News

OTC 2019: Guyana eyeing data-driven auctions for oil blocks

OilNOW -
As work continues on the upgrade of petroleum legislation in Guyana, a key official at the Department of Energy (DE) told attendees at a networking reception, held on the sidelines of OTC 2019 on Wednesday evening, that a data-driven...
News

PM sees super highways, railways in new Guyana

OilNOW -
Major infrastructure transformation could soon be underway in the South American country of Guyana as the emerging oil and gas industry is set to take off with first oil just months away and a production ramp up to almost...
News

OTC 2019: Interest in Guyana soars as companies ask; “how do we get in?”

OilNOW -
A tremendous amount of interest is being shown in Guyana by visitors and participants at the Offshore Technology Conference, with a number of companies wanting to know, “how do we get in?” Greg Clarke of HFS Corporate Services Inc.,...
News

Newfoundland & Labrador set for drilling

OilNOW -
(Upstream) The Canadian province of Newfoundland & Labrador is preparing for an increase in exploration drilling activity on recently awarded acreage that is set to begin this summer by ExxonMobil, followed next year by drilling campaigns from up to...
News

OTC 2019: Saipem makes presentation to Guyana delegation

OilNOW -
Saipem on Wednesday made a presentation to the Guyana delegation at the Offshore Technology Conference (OTC 2019) being held in Houston, Texas, focusing on its ongoing installation operations for the Liza Phase 1 Development Project. Giorgio Martelli, President and CEO...
News

OTC 2019: GTT pursuing opportunities in offshore communications

OilNOW -
Guyanese telecommunications company GTT, one of the more than 20 firms from South America’s newest oil and gas hotspot participating at the Offshore Technology Conference (OTC 2019), says it is actively pursuing opportunities in offshore communications. Eshwar Thakurdin, Director, Business...
1...823824825...1,017Page 824 of 1,017

Latest News

NewsOilNOW -

Ali: Fighting transnational crime vital, protecting sovereignty is Guyana’s business

Guyana's President, Dr. Irfaan Ali made it clear today that protecting his country's sovereignty remains a top priority. The...

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