Showing results for:

News

Over 50 development wells for Guyana’s biggest oil project

OilNOW -
The subsea umbilicals, risers, and flowlines (SURF) facilities for the Yellowtail project will be the largest to date offshore Guyana with over 50 development wells planned, making the contract for the supply and installation of this equipment among the...
Opinions

On refining the trajectory of Guyana’s local content requirements

OilNOW -
Dr. Terrence Richard Blackman - OilNOW On February 15th - 18th, 2022, an International Energy Conference & Expo: Charting a Sustainable Energy Future was held at Guyana's Marriott Hotel. One highlight of the meeting was the panel discussion on Guyana's...
News

Wireline sales in Guyana help boost Halliburton’s Q4 revenue

OilNOW -
Halliburton announced on Monday that its total revenue for the fourth quarter of 2021 was $4.3 billion compared to revenue of $3.9 billion in the third quarter of the year. The company said in its drilling and evaluation division, revenue was US$1.9 billion—an increase...
News

Organisers moving forward with February energy conference in Guyana

OilNOW -
Organisers of the International Energy Conference and Expo slated to be held next month in Georgetown, Guyana say they have noted the increase in COVID-19 cases in the South American country and will be taking all precautions in keeping...
News

TechnipFMC bags substantial contract for Brazil’s Petrobras

OilNOW -
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a substantial long-term charter and services contract by Petrobras (NYSE: PBR) for the pipelay support vessel Coral do Atlântico. The Brazilian-registered vessel has been secured on a three-year contract, with an option to...
News

Schlumberger, Halliburton, Baker Hughes among major companies moving services to Guyana – Exxon

OilNOW -
A growing number of companies operating in Guyana’s oil and gas industry are moving more of their supply operations from Trinidad and Tobago and other locations to the South American country, as local capacity to execute projects increase. ExxonMobil Guyana...
News

TechnipFMC targeting seabed minerals in energy transition push

OilNOW -
TechnipFMC is joining forces with Loke Marine Minerals (Loke) to develop enabling technologies for the extraction of seabed minerals, driving the energy transition and a sustainable future. Marine minerals have been identified by the World Bank, World Economic Forum, and...
News

Halliburton’s Q2 revenue up 7%, increased tools sales seen in Guyana

OilNOW -
Halliburton Company announced on Tuesday that its second quarter (Q2) revenue increased 7% sequentially as both North America and international markets continued to improve, and operating income grew 17% with solid margin performance in both divisions. The company recorded net income of $227 million...
News

TechnipFMC, Halliburton providing fiber optic solution for Exxon’s Payara Development

OilNOW -
Oilfield Service Companies TechnipFMC and Halliburton have received an OTC Spotlight on New Technology Award® (SONT) for their Odassea™ Subsea Fiber Optic Solution, an advanced downhole fiber optic sensing system. U.S. oil major ExxonMobil selected the solution for its...
News

TechnipFMC bags subsea contract for Brazil’s Búzios 6-9 fields

OilNOW -
TechnipFMC announced Tuesday that it has been awarded a substantial subsea contract by Petrobras for the Búzios 6-9 fields. Located in the Santos basin offshore Brazil, these fields are part of the pre-salt area, with a water depth of 2,000...
1...789...19Page 8 of 19

Latest News

NewsOilNOW -

TT will lead ‘next chapter’ in energy age — PM Persad-Bissessar

Prime Minister Kamla Persad-Bissessar has pledged that Trinidad and Tobago will take a proactive role in shaping the future...

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