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Exploration

TechnipFMC awarded Subsea Contract for Liza deep water project

OilNOW -
TechnipFMC has been awarded a contract by an affiliate of ExxonMobil Corporation for the engineering, manufacture and delivery of the subsea equipment for the Liza deep water project in Guyana, South America. The award scope includes seventeen total enhanced vertical...
News

Guyana working on oil spill plan of action

OilNOW -
As US oil major ExxonMobil gears up to begin oil production in Guyana by 2020, authorities in the South American country are crafting a range of measures, including a plan of action in the event of an oil spill...
News

ExxonMobil recommits to global support for malaria

OilNOW -
In recognition of World Malaria Day, ExxonMobil announced on Tuesday that it is renewing support for local and global organizations working to end malaria around the world. Grants made this year will continue ExxonMobil’s longstanding support for efforts to...
Exploration

Exxon making big time push for shale in South America

OilNOW -
ExxonMobil Corporation will spend close to one billion dollars this year to ramp up the production of natural gas at the Vaca Muerta shale play located in Neuquen, Argentina. The governor of Neuquen province, Omar Gutierrez, said in a statement...
News

Petroleum Bill to be taken to Guyana law making body May 8

OilNOW -
The Government of Guyana is preparing to table the Petroleum Commission of Guyana Bill 2017 at the next sitting of the country’s National Assembly, slated for May 8, 2017. The Bill is just one of the measures being put...
Exploration

Apache hits dry well offshore Suriname

OilNOW -
Apache Oil and Gas Corporation has failed to find commercial quantities of oil at its Kolibrie-1 well, offshore Suriname. The closely-watched drilling operations took place 129km off the coast of the South American country, in Block 53. The Noble Douglas drill...
Exploration

CGX back in the game; looking to drill 6 wells over next 2yrs offshore Guyana

OilNOW -
Canadian-based oil and gas exploration company CGX Energy Inc. will soon recommence exploration work offshore Guyana and aims to drill as much as 6 wells over the next two years. CGX had come up empty-handed on previous attempts to...
Exploration

SBM proud to be building FPSO for Liza development, production in Guyana

OilNOW -
SBM Offshore, the company awarded contracts for a Floating Production, Storage and Offloading vessel (FPSO) for the Liza development and production in Guyana, is excited to be undertaking this project that would help catapult the South American country into...
News

Trump blocks Exxon from drilling for oil in Russia

OilNOW -
(CNN) The Trump administration has denied ExxonMobil permission to bypass sanctions to drill for oil in Russia. "The Treasury Department will not be issuing waivers to U.S. companies, including Exxon, authorizing drilling prohibited by current Russian sanctions," Treasury Secretary Steven...
News

Guyana to establish national oil company by 2018, petroleum institute in 2020

OilNOW -
Major plans are being put in place in preparation for oil production in the South American nation of Guyana where recent large discoveries of high quality crude were made 120 miles offshore. The country’s natural resources minister, Raphael Trotman,...
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NewsKemol King -

Guyanese companies to fabricate over 300 tonnes of steel for Jaguar FPSO

Three skilled Guyanese companies have cinched contracts to conduct specialized fabrication services with a view to deliver more than...

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