Showing results for:

Equinor, Ithaca take FID for US$3.8 billion Rosebank development on UK continental shelf

Equinor and Ithaca Energy have made the final investment decision to move forward with Phase 1 of the Rosebank development on the UK Continental Shelf (UKCS). The investment for this project will total an impressive US$3.8 billion. The North Sea...

Trinidad Energy Chamber gunning for investment incentives in upcoming TT budget

In the wake of a series of recent positive developments in the Trinidad & Tobago energy sector, the Energy Chamber of Trinidad and Tobago (ECTT) is keenly awaiting the upcoming national budget set to be announced on Monday, October...

Woodside hires KBR to modify Pluto LNG Train

KBR announced today that it has been awarded an engineering, procurement and construction management (EPCm) contract by Woodside Energy, as operator for and on behalf of the Pluto Joint Venture.   Woodside has a 90% stake, while Kansai Electric and Tokyo...

Lessons for Guyana – a glimpse into Trinidad & Tobago’s story. (Part 1)

By Cristina Caus - OilNOW While delivering the feature address at the La Primavera Banquet Hall in Ontario, Guyana’s President, Irfaan Ali announced the country’s plans to undergo a major transformation to build a “world-class service sector”. Addressing the misconception...

GYSBI awards 11 technical scholarships out of 300 Guyanese applicants

Guyana Shore Base Inc. (GYSBI) said eleven students drawn from eight regions across Guyana are the inaugural recipients of its new technical scholarship programme, which was launched in July. The students are Venola Allen from Warapoka Village, Region One, and...

Exxon might have eight drillships operating simultaneously offshore Guyana in H2 2025

ExxonMobil Guyana is ramping up its exploration and drilling activities offshore Guyana. A recent report suggests that the company might deploy up to eight drillships simultaneously in the latter half of 2025, underscoring the scale of its operations in...

Shell, bp consortium set to explore TT deepwater blocks 

A consortium comprising BP and Shell has inked an agreement with Trinidad and Tobago, greenlighting the exploration of three deepwater blocks—25a, 25b, and 27—for hydrocarbon production. Trinidad and Tobago's Minister of Energy, Stuart Young, confirmed that the cabinet has approved...

bp Trinidad and Tobago completes critical offshore pipeline replacement

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,...

Noble gets US$33 million added to backlog by TotalEnergies

Noble has secured a contract with Total Austral, a subsidiary of TotalEnergies, to redeploy the harsh-environment jackup rig Noble Regina Allen for the drilling of three horizontal wells at the Fénix project in southern Argentina.  The contract is expected to...

Technip Brazil team delivers 100th subsea tree system for Guyana project

TechnipFMC's Brazil location delivered its 100th subsea tree system for offshore projects in Guyana's Stabroek Block. This latest milestone points to the company's commitment to client success and its contribution to the development of Guyana's oil sector. “Achieving together is...

Latest News

Battery system arrives in Guyana for delayed Gas-to-Energy project

LNDCH4, the U.S. joint venture building an integrated natural gas processing facility at Wales, announced on Friday the arrival...