Latest News

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Guyana becomes more critical as Middle East oil supplies face disruption, ExxonMobil says

Oil and gas production from Guyana and the United States’ Permian Basin becomes increasingly important during disruptions to Middle East energy supplies, ExxonMobil Vice...
NewsShikema Dey -

ExxonMobil says Venezuela controversy blocking exploration in northern Stabroek area

ExxonMobil says it has been unable to explore parts of Guyana’s Stabroek Block because of the ongoing border controversy with Venezuela, which has restricted...
NewsOilNOW -

Petrobras posts 4.65 million boe/d operated production in Q1

Brazilian oil company Petrobras recorded multiple production and refining milestones in the first quarter of 2026, driven by output from its pre-salt fields and...
NewsOilNOW -

Gas-to-Energy project: Understanding Guyana’s ‘free gas’ arrangement with ExxonMobil

Guyana’s Gas-to-Energy project includes a gas sales agreement with the Stabroek Block co-venturers. At the same time, government officials have repeatedly said that the...
NewsOilNOW -

MODEC profit rises 78% as demand stays firm for ultra-deepwater FPSO projects

MODEC reported a 78.2% increase in profit for the first quarter of 2026, supported by steady progress on floating production, storage and offloading vessel...
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Latest News

NewsOilNOW -

Guyana becomes more critical as Middle East oil supplies face disruption, ExxonMobil says

Oil and gas production from Guyana and the United States’ Permian Basin becomes increasingly important during disruptions to Middle East energy supplies, ExxonMobil Vice...
NewsShikema Dey -

ExxonMobil says Venezuela controversy blocking exploration in northern Stabroek area

ExxonMobil says it has been unable to explore parts of Guyana’s Stabroek Block because of the ongoing border controversy with Venezuela, which has restricted...
NewsOilNOW -

Petrobras posts 4.65 million boe/d operated production in Q1

Brazilian oil company Petrobras recorded multiple production and refining milestones in the first quarter of 2026, driven by output from its pre-salt fields and...
NewsOilNOW -

Gas-to-Energy project: Understanding Guyana’s ‘free gas’ arrangement with ExxonMobil

Guyana’s Gas-to-Energy project includes a gas sales agreement with the Stabroek Block co-venturers. At the same time, government officials have repeatedly said that the...
NewsOilNOW -

MODEC profit rises 78% as demand stays firm for ultra-deepwater FPSO projects

MODEC reported a 78.2% increase in profit for the first quarter of 2026, supported by steady progress on floating production, storage and offloading vessel...
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Stories Beyond the Barrel

Stories Beyond the BarrelOilNOW -

Nothing moves without clearance: MARAD coordinator Anastasia Jessemy-Lynch tracks every vessel in Guyana’s oil zone

Anastasia Jessemy-Lynch monitors vessel movements across Guyana’s offshore space from a small office in Kingston, Georgetown, ensuring that no ship approaches a floating production,...

Local Content

NewsShikema Dey -

GCCI President warns against extending local content controls beyond oil sector

HOUSTON, TEXAS - President of the Georgetown Chamber of Commerce and Industry (GCCI), Kathy Smith, is cautioning against extending local content controls beyond Guyana’s...

Rules of the Game

Rules of the GameIşıl Güneş -

Senate vote could open French Guiana to exploration – what it could mean for Guyana and Suriname

A vote in France’s Senate could ultimately reshape the competitive and geological landscape of the Guyana-Suriname Basin, with potential implications for both Guyana’s Stabroek-led...

Fuel For Thought

Fuel for ThoughtJoanna Simmons -

The PAA Series: Environmental Management – Decommissioning (Part 3)

In PAA Series: Environmental Management - Decommissioning Part 2, we highlighted that, “The most significant steps in reducing adverse environmental influence are for the...

Regional

Latest News

NewsOilNOW -

Guyana becomes more critical as Middle East oil supplies face disruption, ExxonMobil says

Oil and gas production from Guyana and the United States’ Permian Basin becomes increasingly important during disruptions to Middle East energy supplies, ExxonMobil Vice...
News

ExxonMobil says Venezuela controversy blocking exploration in northern Stabroek area

Shikema Dey -
ExxonMobil says it has been unable to explore parts of Guyana’s Stabroek Block because of the ongoing border controversy...
News

Petrobras posts 4.65 million boe/d operated production in Q1

OilNOW -
Brazilian oil company Petrobras recorded multiple production and refining milestones in the first quarter of 2026, driven by output...
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Exploration

ExplorationOilNOW -

Stena DrillMAX to drill Greece’s first deepwater offshore well in 2027

Stena Drilling has secured a contract to drill what is set to be Greece’s first deepwater offshore well. The company said on April 15 that...
Exploration

Stena Carron continues Goatfish-1 drill campaign in Stabroek Block

OilNOW -
The Stena Carron drill rig will continue exploration operations at ExxonMobil’s Goatfish-1 well in the Stabroek Block offshore Guyana. A...
Exploration

ExxonMobil advances Goatfish-1 drilling in Southeast portion of Stabroek Block

Shikema Dey -
ExxonMobil Guyana Limited on February 19, 2026 continued exploration drilling at the Goatfish-1 well site in the Stabroek Block,...
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Production

Guyana's Oil LedgerKemol King -

ExxonMobil Guyana production holds stable at 914,000 b/d in first quarter

Crude production offshore Guyana averaged about 914,000 barrels per day (b/d) in the first quarter of 2026, as output from the ExxonMobil-operated Stabroek Block’s...
Guyana's Oil Ledger

Stabroek output climbs further to 918,000 b/d in February

Kemol King -
Crude oil production offshore Guyana averaged about 918,000 barrels per day (b/d) in February 2026, reflecting continued gains from...
News

Exxon hits 900,000 barrels of oil per day in Guyana as Yellowtail reaches full capacity

OilNOW -
ExxonMobil Guyana announced on Wednesday that the country’s daily oil production has reached a new milestone of 900,000 barrels...
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Discoveries

DiscoveriesOilNOW -

Petrobras confirms new pre-salt oil discovery in Campos Basin offshore Brazil

Brazilian state-controlled energy company Petrobras has confirmed a new pre-salt oil discovery in the Campos Basin offshore Brazil, located in the Marlim Sul field.  The...
Discoveries

Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

OilNOW -
Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The...
Discoveries

Russia strikes black gold off British Antarctic coast, 511 billion barrels worth 

OilNOW -
(Yahoo News, May 13, 2024): Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading...
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Guyana's Oil Ledger

Guyana's Oil LedgerKemol King -

ExxonMobil Guyana production holds stable at 914,000 b/d in first quarter

Crude production offshore Guyana averaged about 914,000 barrels per day (b/d) in the first quarter of 2026, as output from the ExxonMobil-operated Stabroek Block’s...

Energy Insights

Energy InsightsChevy Devonish -

The TotalEnergies 2025 PSA: A Modern, Modular Approach to Petroleum Sharing Agreements 

On November 11, 2025, the Government of Guyana (GoG), through the Ministry of Natural Resources (MoNR), signed a Petroleum Sharing Agreement (PSA) with the...

Sponsored Content

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UG SPE student chapter shines at SLB’s inaugural PetroChallenge in Guyana

- Simulation exercise signals strong potential for the future energy workforce Three students from the University of Guyana (UG) student chapter of the Society of...

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