Latest News

NewsOilNOW -

Ali: Fighting transnational crime vital, protecting sovereignty is Guyana’s business

Guyana's President, Dr. Irfaan Ali made it clear today that protecting his country's sovereignty remains a top priority. The Head of States’ remarks was...
NewsOilNOW -

Guyana’s power demand hits record high at 221.3 megawatts 

Guyana has recorded its highest-ever electricity demand this year, with peak consumption reaching 221.3 megawatts (MW) in September. The disclosure was made by Kesh...
NewsOilNOW -

Wales Gas-to-Energy project accelerates with 120 day foundation plan

Guyana’s Gas-to-Energy project at Wales is entering a crucial phase as contractor Lindsayca Guyana pushes to complete all foundation works within 120 days. The...
NewsOilNOW -

Bayphase aiding Guyana’s review of Exxon’s Hammerhead oil project

The Guyana government has engaged British consultancy Bayphase to help review ExxonMobil’s proposed Hammerhead oil development, Natural Resources Minister, Vickram Bharrat, said on Monday. In...
NewsOilNOW -

Global subsea tree awards set to surpass 200 units in 2025, Westwood says

Subsea tree orders are on track to cross 200 units this year, according to Westwood’s Global Subsea Tree Tracker. The firm stated in a...
- ADVERTISEMENT -

Trending

Latest News

NewsOilNOW -

Ali: Fighting transnational crime vital, protecting sovereignty is Guyana’s business

Guyana's President, Dr. Irfaan Ali made it clear today that protecting his country's sovereignty remains a top priority. The Head of States’ remarks was...
NewsOilNOW -

Guyana’s power demand hits record high at 221.3 megawatts 

Guyana has recorded its highest-ever electricity demand this year, with peak consumption reaching 221.3 megawatts (MW) in September. The disclosure was made by Kesh...
NewsOilNOW -

Wales Gas-to-Energy project accelerates with 120 day foundation plan

Guyana’s Gas-to-Energy project at Wales is entering a crucial phase as contractor Lindsayca Guyana pushes to complete all foundation works within 120 days. The...
NewsOilNOW -

Bayphase aiding Guyana’s review of Exxon’s Hammerhead oil project

The Guyana government has engaged British consultancy Bayphase to help review ExxonMobil’s proposed Hammerhead oil development, Natural Resources Minister, Vickram Bharrat, said on Monday. In...
NewsOilNOW -

Global subsea tree awards set to surpass 200 units in 2025, Westwood says

Subsea tree orders are on track to cross 200 units this year, according to Westwood’s Global Subsea Tree Tracker. The firm stated in a...
- ADVERTISEMENT -

Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Kavita Khan: Driving finance in Guyana’s oil sector

For Senior Accountant Kavita Khan, TechnipFMC first caught her attention through a presentation. “One of the managers… was going around to different companies that...

Fuel For Thought

Fuel for ThoughtJoanna Simmons -

The PAA Series: Environmental Management – Decommissioning (Part 1)

In PAA Series: Introduction we summarised the contents of Part IX of the Petroleum Activities Act 2023 (‘PAA’) which contains provisions for a critical...

Rules of the Game

Rules of the GameIşıl Güneş -

How exploration and production are governed in Suriname – Part 1

PARAMARIBO – SURINAME: Suriname’s petroleum industry is governed by the Petroleum Law of 1990, enacted in 1991 (S.B. 1991 no. 7) and amended in...

Local Content

NewsOilNOW -

TotalEnergies hosts first Technical Training in Suriname ahead of GranMorgu FPSO operations

TotalEnergies EP Suriname has launched its first in-person technical training focused on the regulatory aspects of floating production, storage and offloading (FPSO) operations, as...

Regional

Latest News

NewsOilNOW -

Ali: Fighting transnational crime vital, protecting sovereignty is Guyana’s business

Guyana's President, Dr. Irfaan Ali made it clear today that protecting his country's sovereignty remains a top priority. The Head of States’ remarks was...
News

Guyana’s power demand hits record high at 221.3 megawatts 

OilNOW -
Guyana has recorded its highest-ever electricity demand this year, with peak consumption reaching 221.3 megawatts (MW) in September. The...
News

Wales Gas-to-Energy project accelerates with 120 day foundation plan

OilNOW -
Guyana’s Gas-to-Energy project at Wales is entering a crucial phase as contractor Lindsayca Guyana pushes to complete all foundation...
News

Bayphase aiding Guyana’s review of Exxon’s Hammerhead oil project

OilNOW -
The Guyana government has engaged British consultancy Bayphase to help review ExxonMobil’s proposed Hammerhead oil development, Natural Resources Minister,...
News

Global subsea tree awards set to surpass 200 units in 2025, Westwood says

OilNOW -
Subsea tree orders are on track to cross 200 units this year, according to Westwood’s Global Subsea Tree Tracker....
- ADVERTISEMENT -

Exploration

ExplorationOilNOW -

ExxonMobil, Shell lead high-impact exploration over five-year period as NOCs surge in 2024

ExxonMobil and Shell were the most active high-impact oil and gas explorers between 2020 and 2024, according to energy intelligence firm Westwood Global Energy...
Exploration

ExxonMobil to appraise 2022 Barreleye discovery 

OilNOW -
ExxonMobil is engaged in appraisal drilling operations at the Barreleye-2 well of the Stabroek Block.  The operation started on April...
Exploration

Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

OilNOW -
High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to...
- ADVERTISEMENT -

Production

NewsShikema Dey -

ONE GUYANA FPSO equipped to ensure uninterrupted gas handling offshore – GoG

The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the first offshore unit in the...
News

Oil production begins at ExxonMobil’s fourth mega-project offshore Guyana

Shikema Dey -
Oil production has started at ExxonMobil's Yellowtail Development offshore Guyana, making it the fourth mega-project to startup in just...
News

First oil from ONE GUYANA set for next week – Exxon CEO

Shikema Dey -
ExxonMobil’s Chief Executive Officer, Darren Woods announced today that first oil from the ONE GUYANA floating production storage and...
- ADVERTISEMENT -

Discoveries

DiscoveriesOilNOW -

Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The prospect is located about 170...
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...
Discoveries

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

OilNOW -
Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
- ADVERTISEMENT -

Guyana's Oil Ledger

Guyana's Oil LedgerKemol King -

Guyana oil fund swells past US$3.6 billion

Guyana received nearly US$213 million (GY$$44 billion) in oil revenues in August, according to the latest Natural Resource Fund (NRF) report published by the...

Energy Insights

Energy InsightsChevy Devonish -

The Oil Pollution Prevention, Preparedness Response and Responsibility Act: Liability 

In my last piece, I gave an overview of Guyana’s new Oil Pollution Prevention, Preparedness Response and Responsibility Act 2025 (OPPPRR) To be clear, by...

Sponsored Content

NewsOilNOW -

UAL launches new Caribbean shuttle service to enhance regional trade connectivity

UAL (Universal Africa Lines) has introduced the UAL Caribbean Shuttle, a fixed 9-day loop service linking Point Lisas (Trinidad & Tobago), Georgetown (Guyana), and...

Opinions

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