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bp Trinidad and Tobago completes critical offshore pipeline replacement

OilNOW -
bp Trinidad and Tobago (bpTT) has announced the successful completion of its Trinidad Offshore Pipeline Replacement (TOPR) project, as part of the company's ongoing efforts to enhance its infrastructure.  The TOPR project involved the installation of a 96-kilometre, 12-inch pipeline,...
News

Equinor advances gas field development in Brazil’s Campos Basin

OilNOW -
Norwegian oil and gas company Equinor, in partnership with Repsol Sinopec Brasil and Petrobras, has submitted declarations of commerciality and plans of development for two substantial fields in the BM-C-33 concession in the Campos Basin, offshore Brazil. Equinor is the...
News

Maduro announces signed deal for Dragon Gas development with Trinidad

OilNOW -
Venezuelan President Nicolas Maduro posted on X, formerly Twitter, that his government has closed the deal with Trinidad and Tobago to see the development of the Dragon Gas field that straddles both nations.  In a statement issued by the Venezuelan...
News

Guyana plans to publish draft gas strategy for consultations in two weeks – Jagdeo

OilNOW -
Guyana's Vice President, Dr. Bharrat Jagdeo, announced during a recent press conference that the country is set to release a draft of its gas strategy within the next two weeks for public consultation. This comes as part of the...
News

SBM Offshore and Mitsubishi Heavy Industries unveil CO2 capture solution

OilNOW -
SBM Offshore and Mitsubishi Heavy Industries Ltd. (MHI) have unveiled a significant stride toward reducing greenhouse gas emissions from floating production, storage and offloading vessels (FPSO). They announced a Partnership Agreement that aims to provide a carbon dioxide (CO2)...
News

Exxon drilling Guyana appraisal well at gas field near Suriname border

OilNOW -
According to Guyana’s Maritime Administration Department, ExxonMobil is utilising the Stena DrillMax to conduct drilling at Haimara-2, an appraisal well with potential high-quality, gas-condensate resources. The oil major has said technical work is being done with updates provided to the...
News

Routledge talks gas extraction techniques for Stabroek Block gas reserves

OilNOW -
ExxonMobil is exploring different facility options for the exportation of gas from Guyana. Alistair Routledge, ExxonMobil Guyana President, discussed Guyana's potential as a deepwater oil producer during an August interview with S&P Global in London. Guyana has been in the...
News

Saipem secures €850 million worth of offshore contracts in Côte d’Ivoire and Italy

OilNOW -
Italian oilfield services provider Saipem has announced the acquisition of two significant contracts valued at a combined total of €850 million for offshore operations in Côte d’Ivoire and Italy. In the first contract, Saipem will collaborate with Eni Côte d’Ivoire...
Opinions

Engaging the UK Diaspora in Guyana’s Emerging Oil & Gas Opportunities

OilNOW -
By Ms. Tash Van Doimen, Mr. Rae Wiltshire & Dr. Terrence Blackman - OilNOW In an inspiring convergence of thought leaders, the recent event titled "Navigating a Changing Guyana: Pathways to Prosperity in the Era of Oil and Gas"...
News

Touchstone delivers first gas from Cascadura project in Trinidad

OilNOW -
Calgary-based Touchstone Exploration Inc. has officially announced the commencement of production at its Cascadura natural gas and liquids facility in Trinidad. This announcement heralds a significant transition for Touchstone, pivoting the company's operations to be more natural gas-centric. The Cascadura...
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MODEC spent US$3.4 million with Guyanese suppliers in 2024

Japanese company MODEC reported in a press statement today that it spent US$3.4 million procuring goods and services from...

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