Tullow Oil plc, a global independent oil and gas exploration and production firm, has acquired full control of Project Oil Kenya in Turkana County. This takeover comes after the withdrawal of Tullow's two joint venture partners, Africa Oil Corp...

TechnipFMC, Halliburton, Baker Hughes, Saipem, and ExxonMobil have received approvals for their 2023 Local Content Annual Plans.  The event, held May 15, saw the presence of the Minister of Natural Resources, Vickram Bharrat, along with key representatives from the aforementioned...

DUBLIN--(BUSINESS WIRE)--The "Middle East Industrial Automation Market | Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation & COVID-19 IMPACT: Market Forecast By Products, By Technologies, By Applications, By Countries and Competitive Landscape" report has been added...

Work on CGX Energy’s Berbice Deep Water Port is progressing, as the company aims to have it partially operational by the fourth quarter. It is being built on 30 acres of land adjacent to and north of Crab Island...

Vice President of Guyana, Dr. Bharrat Jagdeo said that it is important for ExxonMobil to meet its obligations in the unlikely event of a spill offshore. However, he argued government will not support a process that damages the country’s...

The recent ruling handed down by a Guyana Court Judge regarding ExxonMobil Guyana's insurance obligations for its operations offshore the South American country is engaging the attention of a number of stakeholders and experts in the oil and gas...

ExxonMobil Guyana and its contractors have demonstrated strong achievement on the local content front, investing over GY$80 billion (US$400 million) with more than 1,500 Guyanese businesses in 2022 alone. Since the initial discovery in 2015, their total expenditure with...

Norway has officially reopened the Njord oil field in the Norwegian Sea, marking a significant milestone in the country's energy industry. The platform and floating storage and offloading vessel (FSO) have undergone extensive upgrades. Minister of Petroleum and Energy, Terje...

Tech-enabled risk management, asset optimization and trading services now available for renewable assets in Norway, Sweden, Denmark and FinlandLONDON--(BUSINESS WIRE)--Trailstone Group, a global energy and technology company, announced today that it has begun offering renewable energy risk management, asset...

By Cristina Caus - OilNOW On April 11, 2023, the floating production, storage and offloading vessel (FPSO) Prosperity arrived in Guyana and joined the other two FPSOs, Liza Destiny and Liza Unity. This became the third FPSO vessel that has...