Showing results for:

News

EITI Regional Director urges continued transparency

OilNOW -
The Guyana Government is being urged to continue its transparency efforts regarding contracts with oil companies operating in its territory.  This call was made by the Regional Director of the Extractive Industries Transparency Initiative (EITI) Francisco Paris. According to the...
News

Public scrutiny must lead transparency efforts – EITI Regional Director

OilNOW -
As Guyana pushes to promote transparency, accountability and good governance of its oil, gas and other natural resources, the Guyana Extractive Industries Transparency Initiative (GYEITI) in collaboration with the Ministry of Natural Resources opened a two day capacity building...
News

GYEITI staging two-day worskshop

OilNOW -
The Guyana Extractive Industries Transparency Initiative (GYEITI) with support from the Ministry of Natural Resources will be hosting a two-day workshop on understanding the EITI value chain and Guyana’s first EITI reporting cycle, its challenges, benefits and opportunities. Officials...
News

ExxonMobil defends local content push in Guyana at Parliamentary meeting

OilNOW -
ExxonMobil Guyana on Friday defended the company’s policy on local content, stating that at this stage of the oil and gas development in the South American country, “the efforts in local content development are really good.” The company’s Country Manager,...
News

SBM Offshore says Rio court orders Petrobras to withhold payments

OilNOW -
(Reuters) - Dutch marine engineering group SBM Offshore said on Thursday a Brazilian court had ordered Petrobras to provisionally withhold some payments to SBM to ensure the Dutch company pays whatever penalties it may receive in a corruption case. SBM...
News

Venezuela & Trinidad fail to come to agreement on gas supply

OilNOW -
Ministers of Venezuela and Trinidad & Tobago met in Caracas this week in an effort to hammer out a contract to send gas from Venezuela's Dragon Field to Trinidad for conversion into LNG so that it can be shipped...
News

Suriname Staatsolie enters production sharing agreement with Carin Energy

OilNOW -
Staatsolie Maatschappij Suriname N.V. and its new partner UK-based Cairn Energy signed a production sharing contract for offshore Block 61 on June 26. Cairn Energy will search for oil in offshore Suriname. In a statement Staatsolie said Cairn will kick-off...
Opinions

Suriname Dry Holes: “Do not despair!” – Elephant Man, Rob Strong

OilNOW -
The following is an extract from a previous article I contributed to for OilNOW in November 2017.  “Canadian oil and gas consultant Rob Strong is adamant that much more oil will be found in the Guyana-Suriname Basin, in keeping with...
News

Kosmos Energy plugs, abandons Anapai after failing to find hydrocarbons

OilNOW -
Kosmos Energy (NYSE: KOS) (LSE: KOS) said Tuesday that drilling at the Anapai-1A exploration well located in Block 45 offshore Suriname has failed to find any hydrocarbons. Anapai-1A was drilled to a total depth of 4,556 meters and was designed to...
News

Increased shorebase services will be needed for Liza Phase 2

OilNOW -
As plans continue for the much bigger Liza Phase 2 development project in Guyana, more opportunity will be created for shorebase facilities to service the rapidly expanding activities in the 6.6 million acres Stabroek Block. The Liza field will be...
1...276277278...295Page 277 of 295

Latest News

NewsOilNOW -

Saipem targets local content growth in logistics, fabrication for Suriname oil project

PARAMARIBO, SURINAME – Saipem is setting the stage for major local content contributions in Suriname through its work on...

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