Regional

News

Deeper probe of Keskesi East-1 encounters ‘substantial pressure’, Noble drillship released

OilNOW -
APA Corporation (Nasdaq: APA) and Total S.A. (NYSE: TOT) today updated the operational status of the Keskesi East-1 discovery well offshore Suriname. As announced on Jan. 14, 2021, Keskesi East-1 discovered oil, volatile oil and condensate in the Upper Cretaceous-aged...
News

Total confirms plans underway to deliver first oil at Suriname Block 58 by 2025

OilNOW -
French oil major total has confirmed that plans are underway to begin developing oil fields at Suriname’s Block 58 as early as 2025, around five years after the first major discovery was made at Maka Central-1, mirroring the rapid...
News

Resource potential of Guyana-Suriname basin exceed 18 billion boe – ExxonMobil

OilNOW -
The resource potential of the Guyana-Suriname basin where ExxonMobil has to date made a total of 19 discoveries (18 in Guyana and 1 in Suriname) is estimated to contain more than 18 billion barrels of oil equivalent resources, the...
News

Guyana condemns incursion of Venezuelan fighter jets at Eteringbang

OilNOW -
Guyana's Ministry of Foreign Affairs on Wednesday issued a statement condemning the incursion of Venezuelan fighter jets into Guyana's airspace on March 2, 2021. Below is the full statement: PRESS STATEMENT The Ministry of Foreign Affairs of the Cooperative Republic of Guyana...
News

Concerned about ‘oil leaving underground’ Colombia looking to boost pace of investments

OilNOW -
Colombia, which holds regular licensing rounds to invite investment in its upstream sector, has recently undertaken what National Hydrocarbons Agency President Jose Armando Zamora called a "full review of our contract offering for bidding rounds," building on its attractiveness...
News

Suriname lines up new shore base port

OilNOW -
(Caribbean Maritime) In 2020, amid the worldwide Covid-19-induced economic downturn, Suriname reached second place, only behind Russia, in terms of discovered oil and gas reserves. And all this from just one offshore find in Block 58, and without counting...
News

SBM Offshore is sole bidder for giant Brazil FPSO

OilNOW -
Brazil’s state-controlled oil company Petrobras received only one proposal, from Dutch floater specialist SBM Offshore, in a bid to construct the Mero 4 oil production platform in the Santos Basin pre-salt, two sources with knowledge of the matter told...
News

Brazil’s Enauta restarts production well after shutting down to replace oil heaters

OilNOW -
(S&P Global Platts) Brazilian independent oil and natural gas producer Enauta restarted a single production well at the offshore Atlanta Field, pumping about 10,400 b/d as expected, the company said Feb. 22. The 7-ATL-4HB-RJS well was restarted after swapping out...
News

Eight Suezmaxes booked out of Guyana so far this year as output set to balloon – Platts

OilNOW -
(S&P Global Platts) A partial easing of US sanctions on Venezuela on humanitarian grounds could pump Caribbean-loading cargoes into the Aframax and Suezmax markets, reviving the traditional local and long-haul Caribbean-loading routes. Uncertainty on the Biden administration's approach to...
News

Credit agencies should reward oil majors for natural gas developments

OilNOW -
By Arthur Deakin - OilNOW On January 26, one of the most influential credit rating agencies in the world, Standard & Poor’s (S&P), said it was considering downgrading the rating of 13 major oil and gas producers, including ExxonMobil, Shell...
1...394041...109Page 40 of 109

Latest News

NewsKemol King -

Authorities say CGX has been treated fairly, insist no dispute exists with company

There is no dispute between CGX Energy and the Guyana government, the country's Minister of Natural Resources, Vickram Bharrat,...

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