News

News

Guyana team off to Canada for oil & gas conference

OilNOW -
A team from the Guyana Oil and Gas Association (GOGA) left for Canada on Sunday to attend the Newfoundland & Labrador Oil & Gas Industries Association (NOIA) 2017 Conference which will be held in St. Johns, Newfoundland, from June...
News

450 million barrels of oil will be produced in Phase-1 Liza development

OilNOW -
Approximately 450 million barrels of oil will be produced in the first phase of the Liza oil field development, 120 miles offshore Guyana. The Liza Phase 1 development includes a subsea production system and a floating production, storage and offloading...
News

ExxonMobil makes final investment decision for Liza phase-1 development

OilNOW -
Exxon Mobil Corporation said Friday it has made a final investment decision to proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. The announcement comes...
News

Guyana grants ExxonMobil Production Licence

OilNOW -
Guyana's Ministry of Natural Resources this evening announced that it has approved the ExxonMobil Liza Phase 1 development plan and has issued a Production License to the company. This is an important milestone towards the first phase of oil...
News

Oil & gas body to stage public lecture on local content in Guyana

OilNOW -
As interest surrounding local content in Guyana continues to heighten, the Guyana Oil & Gas Association (GOGA) will be staging a public lecture on Friday in the country’s capital, Georgetown, to discuss this. The Association said in a press statement...
News

TechnipFMC awarded extension on EPCI contract with Statoil

OilNOW -
TechnipFMC has been awarded an extension to its ongoing Engineering, Procurement and Construction (EPC) contract from Statoil in the Norwegian North Sea. The ongoing EPC project covers the provision of subsea equipment including template structure, manifold and two subsea trees...
News

Qatar Petroleum and Shell enter LNG marine fueling venture

OilNOW -
Qatar Petroleum’s Wave LNG Solutions and Shell Gas & Power Developments B.V. (Shell) on Tuesday signed a framework agreement to develop liquefied natural gas (LNG) marine fueling – or bunkering – infrastructure at strategic shipping locations across the globe. LNG...
News

Guyanese businesses willing to “buddy” with Trinidad for oil & gas opportunities

OilNOW -
The business community in Guyana was abuzz over the last two days as a 25-member trade delegation from neighbouring Trinidad & Tobago flocked to the country. The Trinidadians have been showing a keen interest in getting involved in Guyana’s...
News

ExxonMobil gunning for pay sands at Payara-2 well

OilNOW -
Following on the success of the Liza, Payara and Snoek wells offshore Guyana, US super-major ExxonMobil and its partners Hess and CNOOC Nexen will soon commence a new drilling campaign hoping to further solidify its previous discoveries. On June 20, ExxonMobil...
News

Review uncovers multiple shortcomings in Guyana’s draft local content framework

OilNOW -
A review of Guyana’s draft local content policy framework by members of the business community has identified several shortcomings which it believes put Guyanese business operators at a disadvantage. The review, done by the Georgetown Chamber of Commerce and...
1...967968969...981Page 968 of 981

Latest News

NewsOilNOW -

TechnipFMC mobilizes first subsea 2.0® tree from Guyana for Uaru development

TechnipFMC marked a key milestone for its configure-to-order Subsea 2.0® platform, which has benefited from its global talent pool....

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