Head of Malaysia’s Petronas, Zamri Baseri, is quoted by Reuters as saying the company needs to speak to Staatsolie - Suriname's state oil company - about the commercial models that can be used to make a project at block...

Multinational oilfield services company Halliburton has reported a fourth-quarter income of US$661 million, or $0.74 per diluted share, for 2023. The company witnessed a robust demand for oilfield services and equipment, particularly in international markets. Halliburton's international revenue recorded...

Guyana's National Procurement and Tender Administration Board opened bids for the design, supply, installation, testing, and commissioning of 16.84 kilometers (km) of 13.8-kilovolt (kv) transmission lines and communication infrastructure, on Jan. 11. This project is critical for connecting the...

VAN NUYS, Calif.--(BUSINESS WIRE)--AvionTEq, a leading global provider of high-quality aviation test equipment and tooling solutions, today announced that they have entered into a multi-year exclusive contract with Flight Data Systems (FDS) for supply of HHMPI (Handheld Multi-Purpose Interface)...

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, announced today a restructuring plan that includes workforce reduction designed to reduce operating expenses and align its cost structure to current market dynamics. The workforce...

Bp has announced the appointment of Murray Auchincloss as Chief Executive Officer (CEO) with immediate effect, following a thorough and competitive four-month search process. Auchincloss, who has been serving as interim CEO since September 2023 after the resignation of...

The National Gas Company of Trinidad and Tobago Limited (NGC) announced in a Jan. 18 release that Mark Loquan will not be renewing his contract with the company. His term as Director on the NGC Board and its affiliates...

The Guyana government plans to conduct an internal review of its offshore resources, a key step towards a potential second auction of its oil blocks.  Vice President Bharrat Jagdeo clarified that the exercise, described as a study this week by...

Guyana’s Finance Minister, Dr. Ashni Singh, announced the anticipated commencement of the construction of the Gas-to-Energy (GtE) integrated facility, which includes a 300-megawatt (MW) power plant, in the second quarter of 2024. The government contracted a US-based group (CH4-Lindsayca)...

Guyana’s Natural Resources Minister, Vickram Bharrat, has confirmed to OilNOW that studies are underway to determine which of ExxonMobil’s Stabroek Block projects can utilize the additional capacity of the Gas-to-Energy pipeline, following start-up in 2025. Mr. Bharrat said, “The Liza...