News

News

TT and Venezuela ink gas deal in Caracas

OilNOW -
Trinidad and Tobago Prime Minister Dr Keith Rowley and Venezuelan President Nicolas Maduro on Saturday sealed the deal that will see Trinidad and Tobago processing Venezuelan natural gas for the first time. The Prime Minister and his team arrived in...
News

Angola sets up new National Oil & Gas Agency

OilNOW -
With aim of reducing control of country’s NOC and curbing conflicts of interest With a view to eliminating conflicts of interest and wresting power from its National Oil Company, Angola has created a new agency to manage its oil and...
News

Norway’s $1 trillion wealth fund should keep oil stocks: commission

OilNOW -
Norway’s trillion-dollar sovereign wealth fund should continue to invest in oil and gas companies, a government-appointed commission recommended on Friday, contradicting earlier advice from the central bank, and boosting the shares of oil firms, Reuters said in a report...
News

Granger confident of bringing electricity cost below 15 US cents per kilowatt hour

OilNOW -
Guyana’s President David Granger says the issue of energy was discussed with a team of United States Congressional officials during a meeting held on Thursday at State House in the country’s capital, Georgetown. Some of the visiting Congressmen, the President...
News

Talks between Total, North Sea oil workers collapse

OilNOW -
Talks between French oil refiner Total and workers on three of its North Sea oil and gas platforms broke down on Thursday, meaning that a series of planned strikes over working rotas will go ahead, UK union Unite said...
News

Swiss Bank executive enters guilty plea in Venezuelan US$1.2B PDVSA money laundering scheme

OilNOW -
A former Swiss bank executive has pleaded guilty to his role in a $1.2 billion money-laundering scheme involving Venezuela's state-run oil and Natural Gas Company, the Associated Press reported on Wednesday. Federal court records show that 44-year-old Matthias Krull pleaded...
News

Guyana President briefs US Congressional team on wide-ranging areas of interest during fact-finding mission

OilNOW -
Guyana’s President, David Granger, on Thursday, August 23, met with a visiting delegation comprising Congressmen and other officials from the United States of America at the Ministry of the Presidency, where a number of issues were discussed, and areas...
News

Goliat FPSO audit reveals deficiencies

OilNOW -
The Norwegian Petroleum Safety Authority (PSA) has asked Eni to act following an audit in May of the company’s management of emergency preparedness on the Goliat field FPSO in the Barents Sea. According to an August 22, 2018 report in Offshore, this exercise...
News

CNOOC H1 profit rises as oil and gas sales increase by 20.5%

OilNOW -
CNOOC Limited on Thursday announced its 2018 interim results for the six months ended June 30, 2018. In the first half of the year, the Company maintained efficient oil and gas production operations with progress and successfully achieved its target. The...
News

Saipem’s $275M Constellation pipelay for Liza 2 campaign

OilNOW -
Saipem’s newly acquired US$275M Lewek Constellation vessel will be part of the Italian company’s fleet for the ExxonMobil-led Liza Phase 2 development offshore Guyana. The ultra-deepwater rigid and flexible pipelay heavy lift and construction vessel will join the Saipem FDS2...
1...898899900...1,036Page 899 of 1,036

Latest News

NewsOilNOW -

Guyana’s four FPSOs set a new pace for deep-water oil development

The four floating production, storage and offloading vessels operating in the Stabroek Block have become the backbone of Guyana’s...

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