Regional

News

TT to see gas in two years if negotiations go well with Venezuela – Young

OilNOW -
Trinidad and Tobago (TT) expects gas to start flowing from the Dragon field project in two years, once all goes well in negotiations with Venezuela, its Energy Minister, Stuart Young has said.  Young, according to Reuters, is due back in...
News

CARICOM should seek energy security within itself instead of PetroCaribe – Climate Adviser

Kemol King -
When it comes to the question of energy security with the Caribbean Community (CARICOM), Former Science Adviser with the Caribbean Climate Change Centre, Dr. Ulric Trotz, believes it would be better to pursue a ‘PetroCARICOM’ agreement rather than a...
News

Trinidad commissions country’s first low exhaust tug

OilNOW -
The National Energy Corporation of Trinidad and Tobago commissioned the country’s first low exhaust tug on Tuesday, during a ceremony at Hyatt Regency in Port of Spain.  The new 60-ton bollard-pull tug, named National Energy Resilience, is International Maritime Organisation...
News

First gas from TT Cascadura facility expected in June

OilNOW -
Trinidad and Tobago’s National Gas Company (NGC) is expected to receive first gas from the Cascadura natural gas and associated liquids facility on or about June 30, 2023, Touchstone Exploration announced. “Touchstone remains on track to complete the Cascadura facility...
News

Dutch FPSO builder focusing efforts on Guyana, Brazil markets

OilNOW -
Guyana and Brazil remain key to Dutch floater specialist, SBM Offshore. The company in its 2022 Annual Report outlined that it is taking a “disciplined and selective” approach to market opportunities, focusing on the main floating, production, storage and offloading...
Opinions

Guyana: Waiting for ICJ Decision, but also Investing in Security; Part 1

OilNOW -
By Ivelaw Lloyd Griffith – OilNOW This is the first of a two-part series on the ongoing territorial-judicial saga between Guyana and Venezuela. Here, we provide some recent developments on Guyana’s oil exploration and production landscape, which have increased the...
Exploration

T&T targeting shallow water bid round launch this quarter

OilNOW -
Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) will be launching a shallow water bid round, targeting over 23 blocks in its offshore acreage. MEEI featured a booth at Guyana’s International Energy Conference and Expo 2023 in Georgetown. The...
News

APA’s new flow test at Suriname well adds ‘substantial resources’ – Christmann

OilNOW -
APA Corporation (Nasdaq: APA) on Wednesday announced the successful drilling and flow testing of the Sapakara South-2 (SPS-2) appraisal well, the second appraisal well to test the previously announced discovery. The well is located approximately 4.6 kilometers (3 miles)...
Opinions

Energy diplomacy in Guyana and Caricom

OilNOW -
By Dr. Riyad Insanally - OilNOW Introduction On January 24 last, the Kaieteur News (KN) reported that an erroneous map of Guyana was used by Rystad Energy, as part of a panel discussion at the recently held Trinidad and Tobago (T&T)...
News

US waiver to tap Venezuela gas field “a breath of fresh air” for Trini services sector – Ramps CEO

OilNOW -
RAMPS Logistics’ Chief Executive Officer, Shaun Rampersad, said “a breath of fresh air” has been breathed into the Trinidad and Tobago services sector, now that the United States has granted a waiver of its sanctions regime to allow development...
1...8910...109Page 9 of 109

Latest News

NewsOilNOW -

Guyana’s annual take from oil to balloon to US$9.2 billion in 2030 – Rystad Energy

Guyana is projected to receive US$9.2 billion in revenue from oil sales and royalties in 2030, according to a...

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