News

News

Tullow plans to bring forward Guyana drilling to 2018

OilNOW -
Tullow Oil plc said that preparations are underway for drilling offshore Guyana possibly in late 2018. This is according to an operational update the company issued on Wednesday. The company said that it is currently processing seismic data with a...
News

SOCU needs resources, cooperation to investigate O&G financial crimes – UK Expert

OilNOW -
British financial crimes expert, Dr. Sam Sittlington has expressed reservations over the level of resourcing afforded to the Guyana Police Force’s Special Organised Crime Unit (SOCU) but believes the unit will be able to effectively investigate malfeasance and other...
News

Placing contract in public domain is ‘fantastic step in right direction’ – Brasington

OilNOW -
Placing the petroleum agreement between Guyana and ExxonMobil affiliate Esso Exploration and Production Guyana Limited in the public domain is a step in the right direction and provides a basis for healthy conversation about what it contains. This is the...
News

Over $20B in fixed assets, 3,500 employees; ExxonMobil marks 125 years in Singapore

OilNOW -
(The Straits Times) This year marks the 125th anniversary of ExxonMobil’s presence in Singapore. Starting out in 1893 as a small trading company at Robinson Quay selling kerosene and lubricants, ExxonMobil has since become one of Singapore’s largest foreign...
News

Uncertainty as $3.8B Egina FPSO vessel approaches Nigeria

OilNOW -
(All Africa) There are palpable fears that the position of the Nigerian Ports Authority (NPA) to bar the much-expected Egina Floating Production Storage Offloading (FPSO) vessel from the Nigerian waterways may jeopardise the multi-billion-dollar oil project. Egina Floating Production and...
News

UTEC secures major deal from Liza subsea contractor TechnipFMC affiliate

OilNOW -
UTEC, a global survey company in subsea services group Acteon said it has won a contract from Technip Oceania Pty Ltd, part of TechnipFMC in Australia, to provide survey and positioning services on the Greater Enfield Project, offshore Western...
News

Hess Corporation expects significant returns on Guyana investment

OilNOW -
The announcement by ExxonMobil Corporation on Friday of a 6th oil discovery off the coast of Guyana has further cemented the view that investment in exploration and production activities in the South American country will see significant returns. Even before...
News

OPEC’s moves to determine fate of oil markets in 2018

OilNOW -
After a volatile 2017, oil markets turn towards 2018 and the topics that will dominate the next 12 months. Below Stratas Advisors sorted the risks into four main topics that its analysts predict will dominate the 2018 news cycle. What...
News

TT’s economy to benefit from BP’s Juniper project in 2018 – Kevin Ramnarine

OilNOW -
Former Minister of Energy in Trinidad and Tobago, Kevin Ramnarine, believes that during 2018 the country's economy will benefit from petroleum production by BP’s Juniper project; said to be the largest new project there in several years. BP has invested around...
News

PSC decries ‘lack of local content’ in ExxonMobil agreement

OilNOW -
In wake of the release of the ExxonMobil contract on December 28, 2017, the Private Sector Commission (PSC) has decried what it describes as a paucity of benefits for the business community and hopes that this can be addressed...
1...868869870...940Page 869 of 940

Latest News

NewsKemol King -

US$500M+ United States loan for Guyana gas project clears key hurdle

Guyana's Vice President, Bharrat Jagdeo, announced during a November 28 press conference that the United States Export-Import Bank (EXIM...

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