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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

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(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...
News

McDermott awards major Trinidad & Tobago contract to PJ Valves

OilNOW -
PJ Valves (PJV) and PJ Piping (PJP), the specialist manufacturers and suppliers of valves and piping components for the global energy industry, have been awarded a major contract by McDermott International Inc. to supply valves and piping elements for...
News

Guyana lagging in institutional capacity

OilNOW -
Speaking with OilNOW, Anthony Paul, Principal Consultant, Energy and Strategy, Association of Caribbean Energy Specialist Ltd cited a Rapid Analysis that was commissioned by UNDP in 2015 to determine the readiness of Guyana for oil production. The results of the...
News

T&T energy expert “not convinced” Petrotrin is a viable option for Guyana’s oil

OilNOW -
A Trinidad and Tobago-based consultant in the energy industry says he is not convinced that the twin island’s Pointe-à-Pierre refinery; Petrotrin, is a viable choice for Guyana, as the South American country continues to explore the best options available...
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SBM Offshore and Microsoft partner on AI-powered floating power solutions

SBM Offshore has announced a global collaboration with Microsoft to develop AI-powered floating power solutions. The partnership aims to...

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