Showing results for:

News

Azule Energy awards US$7.8 billion in contracts for upstream Angola project

OilNOW -
Azule Energy said its wholly owned subsidiary Eni Angola SPA (Eni), and the partners in the Block 15/06, Sonangol P&P and SSI Fifteen Limited, have awarded the main contracts for the development of the Agogo Integrated West Hub (AIWH)...
News

Italian company clinches US$1.2 billion in contracts for Guyana, Egypt projects

OilNOW -
Italian multinational oilfield services company Saipem has been awarded new contracts in Guyana and Egypt for a total amount of approximately 1.2 billion USD. The first contract has been awarded by ExxonMobil Guyana, subject to government approvals, for the Uaru oil...
News

Exxon’s largest Supplier Forum in Guyana opens today

OilNOW -
ExxonMobil Guyana and the Centre for Local Business Development are launching the highly anticipated Guyana Supplier Forum today at the Leonora Stadium (National Track and Field Facility), West Coast Demerara. The event will run until Wednesday. On Monday, companies, among the...
News

Exxon gearing up for major Supplier Forum in Guyana next week

OilNOW -
Major stakeholders leading the development of the oil and gas sector in Guyana are gearing up to host the second in-person Guyana Supplier Forum. ExxonMobil Guyana and the Centre for Local Business Development are at the helm of the organisation...
News

The oil belongs to the people; we’re committed to ensuring they benefit from it – Routledge

OilNOW -
ExxonMobil is the latest in over 20 oil and gas companies operating in Guyana to have their five-year Local Content master plans approved by the regulator. Exxon, Saipem Guyana Inc., and Gulf Engineering Services Guyana Limited got their approvals this...
News

TotalEnergies makes final investment decision on Argentina gas project

OilNOW -
TotalEnergies announced Monday that it approved the final investment decision (FID) for the Fenix gas development. The Fenix field is located 60 kilometers (km) off the coast of Tierra del Fuego, Southern Argentina. It will be developed through three horizontal wells,...
News

Pricey FPSOs startle Petrobras as it pursues production ramp-up

OilNOW -
IHS Markit said Brazil’s Petrobras has been making orders for floating production, storage, and offloading (FPSO) vessels at price tags spiked by supply chain disruptions. As Brazil targets an aggressive production ramp-up, it will continue to be faced with higher...
News

Pipe coating contract for Yellowtail awarded to Shawcor

OilNOW -
Canadian oilfield service company, Shawcor Ltd. said its pipe coating division has been awarded a definitive contract by Saipem for ExxonMobil’s fourth Stabroek Block development – Yellowtail. A definitive contract ranges between CA$40 million - CA$50 million. Shawcor will be providing...
News

ConocoPhillips seeks greenlight for US$1.2 billion North Sea oil development

OilNOW -
ConocoPhillips has asked Norwegian regulators to approve its proposed Eldfisk North Project at the Greater Ekofisk Area in the North Sea. Its affiliate and operator of the Area, ConocoPhillips Skandinavia AS, submitted a plan for development and operation (PDO) for...
News

Pipe coating for Guyana’s largest offshore project planned for early 2023

OilNOW -
Canadian oilfield service company, Shawcor Ltd., has received a Letter of Intent (LOI) with Saipem to see pipe coating for ExxonMobil’s Yellowtail project in Guyana’s Stabroek Block, set to begin in early 2023. Yellowtail is scheduled for first oil...
1...161718...22Page 17 of 22

Latest News

NewsOilNOW -

What you need to know about the U.S. military build-up in the Caribbean

What began on August 14, when Washington ordered air and naval forces into the southern Caribbean reportedly to combat...

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