Showing results for:

News

‘Guyana’s 1 barrel per person per day will be truly transformative’ – Chatam House Researcher

OilNOW -
The South American country of Guyana is on course to produce 750,000 barrels of oil per day by the mid-2020s, which, with its small population of equal number, makes the potential for massive transformation tremendous. Speaking at the Guyana Petroleum...
News

14 Saipem workers hurt in fire off Azerbaijan

OilNOW -
Italian oil and gas contractor Saipem has reported that there were several workers injured in a fire aboard a pipe-laying vessel in the Caspian See off Azerbaijan. The blast occurred at 6.30 pm on Wednesday on board the Israfil Huseynov....
News

OTC 2019: Guyana regulator encourages investors to consider shallow waters

OilNOW -
Acting Commissioner of the Guyana Geology and Mines Commission (GGMC) Newell Dennision on Wednesday on the second night of the Offshore Technology Conference (OTC) in Houston Texas, encouraged oil companies to look at the shallow waters offshore Guyana as...
News

SBM confirms award of Liza 2 floater contract

OilNOW -
SBM Offshore announced on May 10 that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase of the Liza project in Guyana. “We are proud that...
News

Schlumberger hires 12 Guyanese from TOTALTEC Academy Program for Oilfield Operations

OilNOW -
Schlumberger has hired 12 persons from the 5th graduating class of the TOTALTEC International Petroleum & Maritime Academy (IPMA). According to a press release from TOTALTEC, six will begin their careers with additional training in Trinidad while the other...
Opinions

Letter-to-the-Editor: Guyana needs to change political culture to reap full benefits from oil

OilNOW -
Over the past few days I have attended the Offshore Technology Conference (OTC) in Houston, Texas with its expansive display by hundreds of companies and countries including Guyana as well as conference sessions and collateral events. Guyana is well...
News

Guyana government guarding against over-dependence on oil – former business minister

OilNOW -
Former Minister of Business in Guyana Dominic Gaskin believes that while there will be some meeting of Guyana’s needs from oil revenues in the short term, the real benefits to the country will be had during the medium and...
News

PM sees super highways, railways in new Guyana

OilNOW -
Major infrastructure transformation could soon be underway in the South American country of Guyana as the emerging oil and gas industry is set to take off with first oil just months away and a production ramp up to almost...
News

OTC 2019: Saipem makes presentation to Guyana delegation

OilNOW -
Saipem on Wednesday made a presentation to the Guyana delegation at the Offshore Technology Conference (OTC 2019) being held in Houston, Texas, focusing on its ongoing installation operations for the Liza Phase 1 Development Project. Giorgio Martelli, President and CEO...
News

Majors driving rise in global discoveries; ExxonMobil most successful in Q1 2019

OilNOW -
(Rigzone) Oil and gas exploration is off to an explosive start in 2019, with such majors as BP, Eni and ExxonMobil taking a bigger bite of the conventional resources discovered in the first quarter, according to a new report...
1...314315316...360Page 315 of 360

Latest News

NewsOilNOW -

GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...

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