ExxonMobil’s Dutch subsidiary, XTO Netherlands Ltd., on Monday signed a Cooperation Agreement with Neptune Energy, Rosewood Exploration Ltd. and EBN Capital B.V. to advance the L10 large-scale offshore carbon capture and storage (CCS) project in the Dutch North Sea. As...

With the direction Guyana is headed, women who want to make a mark in the country’s burgeoning oil and gas industry need to position themselves aptly. This advice was offered to a local non-governmental organisation – Women in Energy...

RelyON Nutec (MD), an offshore safety consultancy headquartered in Copenhagen, has decided to expand its presence in the region through a strategic partnership with the Guyanese-owned Atlantic Marine Supplies Incorporated. NL says it is the world's leading safety service...

Eco (Atlantic) Oil and Gas Ltd. Announced on Tuesday that it decided against acquiring JHI Associates, a company with 17.5% ownership of Guyana’s Canje Block. Eco said that while all the main commercial points were agreed upon in keeping with...

TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire 25% interest in Adani New Industries Limited (ANIL) to be the exclusive platform for the production and commercialisation of green hydrogen in India. TotalEnergies announced that ANIL will target the production of...

With the surge in fuel prices globally, well-established oil producing countries around the world have been looking to boost output, even as groups and climate lobbyists continue to push for new producers like Guyana, to slow down development of...

Italian oil services company, Saipem, announced a US$25 million contract from floater operator, BW Offshore Limited, to provide early-stage engineering services on an oil production vessel for Shell’s Gato do Mato oil and gas field in Brazil. BW issued a limited notice to proceed (LNTP)...

TotalEnergies E&P Suriname, operator of Block 58, has secured the Maersk Valiant to drill another well offshore Suriname in the third quarter. The driller said TotalEnergies exercised an option available to it, in a deal it has with Maersk, to add...

BP announced on Wednesday that it will acquire 40.5% equity stake in the Asian Renewable Energy Hub (AREH), potentially the world’s largest renewables and green hydrogen hubs. The acquisition will make BP operator of the US$36 billion project. The green hydrogen hub...

After operating in Guyana for 22 years, ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) has recorded profit for the first time to the tune of GY$132 billion. In financial records seen by OilNOW, EEPGL’s revenues stood at...