Showing results for:

News

Touchstone secures onshore bid round exploration licences

OilNOW -
Touchstone Exploration Inc. announced that its Trinidadian subsidiary, Primera Oil and Gas Limited (POGL), has entered into Exploration and Production (Public Petroleum Rights) Licences for the Cipero and Charuma blocks. These licenses became effective on July 1, 2024. The Cipero...
News

Chevron says new technology revolutionizes offshore development

OilNOW -
Chevron is leveraging new technologies to accelerate offshore energy development, significantly reducing timelines and costs. According to Matt Johnson, a field development and portfolio optimization specialist at Chevron, using field development optimization tools is proving to be a game-changer....
News

Gas development is now a priority for Exxon – Guyana Vice President 

OilNOW -
Guyana's Vice President Bharrat Jagdeo said ExxonMobil has communicated to the government its prioritization of gas development. “Exxon has said, ‘we have moved this up to a priority now.’ We now have a company that is interested in moving it...
News

Suriname gets first OPITO-certified training center as preparations continue for offshore development

OilNOW -
The Kersten Group of Companies announced the official opening of the Kersten Training Academy, an OPITO-certified training center focused on the onshore and offshore oil and gas industry in Suriname.  Kersten said the academy offers high-quality, mandatory energy and industry-related...
News

Guyana taps Fulcrum LNG to partner with Exxon, government on gas development

OilNOW -
Guyana has identified Fulcrum LNG to potentially partner with it and ExxonMobil on a natural gas development, President Irfaan Ali said at a June 20 press conference in Georgetown.  The U.S. energy firm was among 17 to submit proposals to...
Energy Insights

Distilling Guyana’s Oil and Gas Regulatory Framework: The Introduction

OilNOW -
By Chevy Devonish ExxonMobil Guyana Limited (ExxonMobil), and its partners Hess and CNOOC started oil and gas exploration in Guyana in 2008, and the first significant discovery, Liza-1, was made in 2015. In his 2024 budget speech, Dr. Ashni Singh, Senior...
News

US may consider final approval of US$646M gas project loan to Guyana in July

Kemol King -
The Export-Import Bank of the United States (EXIM) may consider final approval of a loan to Guyana, valued at approximately US$646 million. The loan is meant to support the Gas-to-Energy project, a landmark venture the Guyana government hopes will...
News

Senegal hails never-before opportunity as offshore oil flows for the first time

OilNOW -
Woodside Energy announced first oil production on June 11 at the Sangomar oilfield offshore Senegal. This is the first such project for the West African nation.  Officials are hailing the project as a godsend for the country. PETROSEN, Senegal's state...
News

Guyana banking on gas project to boost value-added wood products

OilNOW -
Guyana’s Ministry of Natural Resources expects the operationalization of the Gas-to-Energy project to facilitate a boost in value-added wood products.   The Gas-to-Energy project is a collaboration between Exxon and the government, to transport offshore natural gas to shore, primarily for...
News

Digicel’s ‘Deep Blue One’ fibre optic cable ready to connect offshore oil operations

OilNOW -
Digicel Group said it activated its subsea fibre optic cable ‘Deep Blue One’ to “supercharge” connectivity across Guyana, French Guiana, Suriname and Trinidad & Tobago. It said the cable network will provide seamless connectivity, facilitating uninterrupted communication and real-time...
1...202122...367Page 21 of 367

Latest News

NewsOilNOW -

Afreximbank COO pitches partnership for Suriname’s SMEs

PARAMARIBO, SURINAME – The African Export-Import Bank (Afreximbank) wants to be a long-term financial partner for small and medium-sized...

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