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TechnipFMC awarded EPCI contract for North Sea development

OilNOW -
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...
Exploration

CNOOC Limited makes discovery in UK North Sea

OilNOW -
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...
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US imposes sanctions on Venezuela’s PDVSA

OilNOW -
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...
News

3rd batch of subsea pipes for Liza Phase 1 expected within weeks – Saipem

OilNOW -
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...
Exploration

Tullow upbeat about Jethro, Carapa prospects offshore Guyana

OilNOW -
UK-based Tullow oil will be focusing heavily on its exploration programme offshore the South American country of Guyana in 2019 with multiple prospects on its radar for drill campaigns in the second and third quarters of the year. In its...
News

Venezuela crisis: Will the US target oil exports?

OilNOW -
(BBC) In its battle against the rule of Venezuelan President Nicolás Maduro, the United States has been trying to cripple the government's ability to secure funds and run the country - with sanctions that target officials, some sectors of...
News

US Ambassador frowns on TT’s support for Maduro: Rowley lashes back

OilNOW -
Prime Minister of Trinidad and Tobago Dr Keith Rowley has responded to the United States Ambassador to Trinidad and Tobago Joseph Mondello’s statement against Trinidad and Tobago’s position on Venezuela, according to a news report on CNC3’s website. In a...
News

T&T recognizes Maduro as President of Venezuela – Stuart Young

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Trinidad and Tobago’s Minister in the Office of the Prime Minister, Stuart Young has confirmed that the government of Trinidad and Tobago currently recognises Nicolas Maduro as the president of Venezuela. This is according to a report from CNC3 in...
News

Maduro will face ‘swift and severe’ consequences if US diplomats are harmed – US Senator

OilNOW -
As tensions continue to rise in Venezuela, US Senator Marco Rubio on Wednesday said that embattled leader Nicolas Maduro will face severe consequences if any harm befalls American diplomats in the South American country. Rubio’s comments came hours after Maduro...
News

“Get out!”: Maduro breaks relations with US and demands all consular staff leave in next 72 hours

OilNOW -
Nicolás Maduro spoke from the balcony of Venezuela’s presidential palace Wednesday, where he announced he was officially breaking political and diplomatic relations with the US and ordered all consular staff to leave the country within the next 72 hours,...
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China’s first taste of Guyana’s Golden Arrowhead crude heads to Huizhou

A very large crude carrier (VLCC) is delivering China’s first cargo of Guyana’s new Golden Arrowhead crude grade, marking...

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