Showing results for:

News

BP drops operatorship of sensitive exploration block offshore Brazil

OilNOW -
(S&P Global Platts) BP has handed over operatorship of an environmentally sensitive exploration block offshore Brazil in the Amazon Delta to state-run oil company Petrobras, BP confirmed Oct 26. Petrobras will take over the operation of the FZA-M-59 block in...
News

bp hits first gas at Qattameya field

OilNOW -
On Monday bp announced the start of gas production from its latest development ‎offshore Egypt – the Qattameya gas field in the North Damietta offshore concession. Through bp’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is ‎expected to...
News

LNG company targets big benefits from Guyana’s gas-to-power plan

OilNOW -
A pioneering Liquefied Natural Gas (LNG) distribution company in Guyana is positioning itself to reap substantial benefits from the planned gas to shore project which authorities in the South American county are looking to have operational over the next...
News

New exploration wells, multiple appraisal drilling for Guyana offshore – Rystad Energy

OilNOW -
Even as the world buckles from the impact of the global pandemic, oil exploration and production operations continue at full speed in the South American country of Guyana where in recent weeks there has also been an uptick in...
News

As Guyana discoveries mount experts say oil and gas will remain backbone of global energy supply

OilNOW -
Even with plummeting demand due to the global pandemic and the move towards renewables, experts believe that oil and gas will still remain the primary source of energy in the years to come, which is good news for new...
News

Maka, Sapakara appraisal plans submitted as Suriname edges closer to offshore development

OilNOW -
The appraisal programmes for Suriname’s first two deepwater discoveries have been submitted to state oil company Staatsolie as the South American country looks to forge ahead with development of its offshore oil resources. Suriname’s first offshore discovery at the Maka...
News

BP hits first gas at Phase 2 of Block 61 development in Oman

OilNOW -
BP announced on Monday that production has begun from its Block 61 Phase 2 Ghazeer gas field in Oman, 33 months after the development was approved. The company said Ghazeer was initially expected to come into production in 2021. The...
Exploration

Petronas spuds first well offshore Suriname

OilNOW -
Malaysian oil and gas company Petronas has spudded its first well - Sloanea-1 - offshore Suriname at Block 52 where it has farm-down 50% of its interest to US oil major ExxonMobil. Denmark-based drilling rig operator Maersk Drilling is carrying out...
News

Investors continue to pour in as Guyana’s offshore developments grow

OilNOW -
Interest from investors in the new oil producing country of Guyana continue to grow and this is expected to see major transformational projects getting underway in the coming months and years. Guyana’s President, Dr. Mohamed Irfaan Ali, recently disclosed that...
News

Close to US$100 million in shore base investments stalled in recent years – Vickram Bharrat

OilNOW -
Improving the ease of doing business in the new oil producing country of Guyana is on the radar of the new government as it looks to expand investments in oil and gas as well as other sectors of the...
1...798081...360Page 80 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