News

News

New helicopter base under construction for Bristow in UK

OilNOW -
Construction has begun on a new HM Coastguard search and rescue (SAR) helicopter base at Lydd Airport in the UK which will be operated by Bristow Helicopters. The £7.8 million project will create a new focal point for the region’s...
News

ExxonMobil, Hess and Statoil farm into Suriname blocks

OilNOW -
Suriname state oil company Staatsolie and the consortium consisting of ExxonMobil, Hess and Statoil have reached an agreement regarding a PSC for Block 59 offshore Suriname. At the same time, an agreement was reached with Statoil for Block 60. The...
News

Alaska court to rule on oil wealth payments to state residents

OilNOW -
An Alaska lawmaker is making one last legal push to put about $1,000 back in the hands of nearly every state resident for their share of Alaska’s oil wealth. Sen. Bill Wielechowski is scheduled to argue Tuesday to the Alaska...
News

ExxonMobil says it is eager to partner with Guyanese businesses

OilNOW -
ExxonMobil announced today the establishment of the Centre for Local Business Development in Georgetown, Guyana, and signaled its commitment to work with the country’s business community. The centre will assist small and medium-sized Guyanese businesses with building their capacity and...
News

BP produced over 12 billion barrels of oil in 40yrs of production at Prudhoe Bay

OilNOW -
The BP-operated Prudhoe Bay oil field in Alaska has reached 40 years of production, a milestone highlighting its historic contribution to US energy security and ongoing role as a key economic engine for the region. BP said in a press...
News

ExxonMobil confirms award of contracts to SBM for Liza project in Guyana

OilNOW -
ExxonMobil has formally confirmed the award of contracts to SBM Offshore for the next phase of the Liza project in Guyana. Under these contracts, SBM Offshore will construct, install, lease and operate a Floating Production, Storage and Offloading Vessel...
News

France to ban licences for oil and gas exploration

OilNOW -
France is to stop granting new licences for oil and gas exploration on the mainland and in overseas territories, Environment Minister Nicolas Hulot said Friday. Mining codes will be modified, while current exploration projects already underway would continue. “There will...
News

Qatar’s emir meets ExxonMobil’s CEO

OilNOW -
(Reuters) The emir of Qatar met with ExxonMobil Corporation’s Chairman and CEO Darren Woods in Doha on Saturday for talks on "cooperation," state news agency QNA reported, following a rift between four Gulf states and Qatar that has raised...
Exploration

Total-ExxonMobil & Energean get approval for offshore oil exploration in Greece

OilNOW -
Greece has approved an application by a consortium of ExxonMobil, France’s Total SA, and domestic oil refiner Hellenic Petroleum, to drill for oil and gas off the island of Crete, Reuters reported on Friday. Greece has also approved another application,...
News

Over 15 Canadian companies looking to partner with Guyana for oil & gas opportunities

OilNOW -
A team from the Guyana Oil & Gas Association (GOGA) met with over 15 companies in Canada this week which are looking to partner with Guyana’s private sector for opportunities in the country's emerging oil and gas sector. The...
1...917918919...934Page 918 of 934

Latest News

Guyana's Oil LedgerKemol King -

ExxonMobil Guyana reached new monthly production high in September

ExxonMobil is gradually increasing production offshore Guyana reaching an average of 660,000 barrels per day (b/d). Liza 1 and...

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