Regional

Exploration

SBM Offshore firms up contract with Petrobras for FPSO Sepetiba

OilNOW -
SBM Offshore said on Wednesday it has signed contracts with Petróleo Brasileiro S.A. (Petrobras) for the 22.5 years lease and operation of FPSO Sepetiba (formerly known as Mero 2). These contracts follow the signing of the binding Letter of...
News

America blows past the world in oil and natural gas

OilNOW -
(AXIOS) America is poised to produce far more oil and natural gas over the next five years than any other country in the world, according to a new report. Why it matters: It shows how America, already the world’s largest...
News

Data from dry holes ‘sharpen chances of success’ in future exploration – Staatsolie

OilNOW -
Despite encountering 6 dry holes in its Nearshore Drilling Project (NSD), Suriname state oil company Staatsolie says the campaign allowed for valuable data to be collected which could play a key role in ultimately hitting pay offshore the Dutch-speaking...
News

Brazil will drill massive oil find despite climate concerns: minister

OilNOW -
(Reuters) - Brazil will push to expand oil drilling in its massive “pre-salt” oil and gas area off its coast in spite of growing global concerns about climate change, the country’s energy minister told Reuters on Monday. Brazil’s Mines and...
News

Mexico’s Pemex announces giant oil discovery

OilNOW -
Mexican state-owned petroleum company Petróleos Mexicanos (Pemex) announced on Friday the discovery of the Sen field in Nacajuca, Tabasco, with 536 million barrels of oil equivalent. General Director of Pemex, Octavio Romero Oropeza, informed Mexican President, Andrés Manuel López Obrador that three other...
News

Oil companies swap stakes in Mexico as government holds off on auctions

OilNOW -
(Reuters) - With Mexico’s government insisting that energy companies increase oil and gas output before it auctions off more of the country’s vast reserves or offers more partnerships with state-run Pemex, firms ranging from foreign majors to local players...
News

Adjustment in policies, enabling business environment for Guyanese necessary – fmr. Jamaican PM

OilNOW -
As Guyana swiftly approaches first oil, which is expected next month, former Prime Minister of Jamaica, Portia Simpson-Miller, is warning that certain adjustments need to be made as the South American country prepares for the anticipated windfall. She expressed these...
News

Brazil + OPEC forever? Hold off on those wedding invites says Rystad Energy

OilNOW -
At an October forum in Saudi Arabia, Brazil’s president Jair Bolsonaro suggested that he would like to see Brazil join OPEC. If such a marriage were to come to fruition, OPEC would be the clear winner and Brazil the...
News

TT gas shortage chipping away at country’s industrial base

OilNOW -
Trinidad and Tobago's industries regulator is warning that a natural gas shortage is slowly chipping away at the country's industrial base. James Lee, executive director of the regulated industries commission, told Argus on the sidelines of a gas conference that the planned...
News

Former Jamaica PM set to speak at dinner hosted by business chamber in Guyana

OilNOW -
  Former Prime Minister of Jamaica, Portia Simpson-Miller, will deliver the keynote address at the Georgetown Chamber of Commerce and Industry’s (GCCI) Annual Awards Presentation and Dinner on Thursday, November 28. The event, set to take place at the Guyana Marriott...
1...697071...109Page 70 of 109

Latest News

NewsOilNOW -

Offshore EPC contract awards projected to reach US$54 billion in 2025 amid challenges

The offshore oil and gas industry is expected to see a slight 1% year-on-year growth in engineering, procurement, 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