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Guyana “light crude” will fetch higher price, cost less to refine

OilNOW -
When compared to heavy oil, the light crude found in Guyana will fetch a higher price on the world market and cost less to refine. Light crude oil has low density and flows freely at room temperature. It has low...
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Tullow gunning for oil this month at Suriname’s Araku prospect

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Tullow oil is hoping to strike it big offshore Suriname at the Araku oil prospect on Block 54, set to begin early this month. The UK-based oil and gas exploration company is targeting a Jubilee look-alike play in the continental...
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Liza Destiny has potential for significant long-term local content – Exxon Country Manager

OilNOW -
Operations of the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel will potentially provide the highest sustainable long-term employment opportunities for Guyanese over the lifetime of the project. ExxonMobil, through its contractor; SBM Offshore, is in fact targeting a...
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TechnipFMC awarded EPCI contract for Statoil Peregrino Phase II project

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TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation contract by Norwegian multinational oil and gas company, Statoil. It covers the execution of the subsea pipeline connection for the new production platform in Peregrino Phase II Project, located in...
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Total to acquire Maersk Oil

OilNOW -
Maersk Oil will become part of a leading global oil and gas operator with a long-term investment interest in the sector. Total will take over Maersk Oil’s entire organisation, portfolio, obligations and rights with minimal pre-conditions. Planned development schedules...
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Keppel snags FPSO conversion contract for Liza Destiny

OilNOW -
Keppel Shipyard Ltd. has been awarded a contract by Dutch floater specialist SBM Offshore for the conversion of the Floating Production Storage and Offloading vessel (FPSO) which will be deployed to the Liza field, 193km offshore Guyana in 2019. The...
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Supermajor Total in new Option Agreement with Eco for 25% interest in Orinduik Block

OilNOW -
Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V:EOG), is pleased to announce that its subsidiary, Eco Atlantic (Guyana) Inc. has entered into an option agreement  on its Orinduik Block, offshore Guyana, with Total E&P...

Tullow Oil

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Headquarters 9 Chiswick Park 566 Chiswick High Road London W4 5XT Email: [email protected] Phone No: 44 (0) 20 3249 9000 Website: www.tullowoil.comTullow is Africa’s leading global independent oil and gas exploration and production company. The group has interest in over 85 exploration and production licenses...

Ratio Oil

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Headquarters Yehuda Halevi Street 85 Tel Aviv 65796 Israel Tele #: 972 3 566 1338 Fax #: 972 3 566 1280Ratio Oil Exploration (1992) Limited Partnership explores for and produces oil and gas in Israel. In 1992, Yeshayahu (Shaikeh) and his son Yigal Landau,...

JHI Associates Inc.

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Headquarters 365 Bay Street| Suite 400 Toronto|Ontario|Canada M5H 2V1 Tele No.: 705.888.2756JHI Associates Inc. is an oil and gas exploration company focused on frontier exploration and their mandate is to become a leading junior exploration company testing the emerging Atlantic margin play in...
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Letter-to-the-Editor: The oil and gas sector is investing in the success of our younger generation

Dear Editor, I read recently that 20 Guyanese cadets were awarded the Noble Marine scholarship, a program aimed at strengthening...

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.

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