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2023

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Petrobras said it surpassed production milestones in 2023

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Brazilian state-owned oil and gas company Petrobras said it has exceeded its strategic 2023-27 guidance, achieving new oil and gas production milestones in 2023.  Petrobras said it achieved a total oil and natural gas production of 2.78 million barrels of...
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OilNOW’s top stories of 2023

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Here are the stories that you, the readers, were most interested in, last year: January: Exxon strikes more oil at Fangtooth well offshore Guyana The first discovery made offshore Guyana in 2023 was at Fangtooth Southeast, an appraisal well that indicated...
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Driller with most rigs offshore Guyana sees massive 364% jump in net income

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Noble Corporation plc today reported a significant increase in its financial metrics for the third quarter of 2023, on October 31. The net income surged 364% to US$158 million, compared to US$34 million in the same period last year....
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ExxonMobil snags US$7.9B in profits for 2023 second quarter

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American multinational, ExxonMobil Corporation, announced Friday that it made US$7.9 billion or US$1.94 per share during the 2023 second quarter. This represents a US$3.7 billion decline in profits compared to its US$11.6 billion earnings for the first quarter. When compared...

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Steam turbines, oil tanks in Guyana for Gas-to-Energy project

US-based group Lindsayca-CH4 said two state-of-the-art steam turbines and two oil tanks arrived in Guyana on December 21, 2024.  The...

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