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Exxon to FID Longtail by 2026 – Routledge

ExxonMobil’s eighth Guyana development, Longtail, should get its final investment decision (FID) in 2026, country President Alistair Routledge said Wednesday.  He told attendees at the...
NewsShikema Dey -

Exxon to make final investment decision for Hammerhead development this year – Routledge 

The final investment decision for ExxonMobil Guyana’s Hammerhead development is expected to be made by mid-year 2025, its President Alistair Routledge announced today.  “This is...
NewsShikema Dey -

Petronas could deliver Suriname’s 2nd FID as early as next year

Suriname expects its second final investment decision in 2026 for the Petronas-operated Block 52.  Annand Jagesar, head of Suriname’s state oil firm Staatsolie made the...
NewsShikema Dey -

US$300M refined fuel deal being fine tuned with US company – Ali 

The Guyana government is in discussions with U.S. company Curlew Midstream to fine-tune a refined fuels deal, President Irfaan Ali announced on Tuesday. An initial...
NewsOilNOW -

About 500 million boe in Suirname’s Block 52 – Rystad Energy 

Rystad Energy estimates that Suriname’s Block 52 holds an estimated 500 million equivalent barrels of oil equivalent resources, according to a new report.  Petronas holds...
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NewsKemol King -

Exxon to FID Longtail by 2026 – Routledge

ExxonMobil’s eighth Guyana development, Longtail, should get its final investment decision (FID) in 2026, country President Alistair Routledge said Wednesday.  He told attendees at the...
NewsShikema Dey -

Exxon to make final investment decision for Hammerhead development this year – Routledge 

The final investment decision for ExxonMobil Guyana’s Hammerhead development is expected to be made by mid-year 2025, its President Alistair Routledge announced today.  “This is...
NewsShikema Dey -

Petronas could deliver Suriname’s 2nd FID as early as next year

Suriname expects its second final investment decision in 2026 for the Petronas-operated Block 52.  Annand Jagesar, head of Suriname’s state oil firm Staatsolie made the...
NewsShikema Dey -

US$300M refined fuel deal being fine tuned with US company – Ali 

The Guyana government is in discussions with U.S. company Curlew Midstream to fine-tune a refined fuels deal, President Irfaan Ali announced on Tuesday. An initial...
NewsOilNOW -

About 500 million boe in Suirname’s Block 52 – Rystad Energy 

Rystad Energy estimates that Suriname’s Block 52 holds an estimated 500 million equivalent barrels of oil equivalent resources, according to a new report.  Petronas holds...
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Stories beyond the barrel

Stories Beyond the BarrelOilNOW -

All-female team led the inaugural Suriname Awareness Symposium

Three trailblazing women joined forces to pull off the first-ever Suriname Awareness Symposium (SAS). The symposium, according to the trio, showcases the power of...

Local Content

NewsShikema Dey -

SBM Offshore looking at early start for local capacity development in Suriname  

SBM Offshore is working to lay the foundation for capacity building and local content development in Suriname as it looks towards delivering the first...

Regional

Latest News

NewsKemol King -

Exxon to FID Longtail by 2026 – Routledge

ExxonMobil’s eighth Guyana development, Longtail, should get its final investment decision (FID) in 2026, country President Alistair Routledge said Wednesday.  He told attendees at the...
News

Exxon to make final investment decision for Hammerhead development this year – Routledge 

Shikema Dey -
The final investment decision for ExxonMobil Guyana’s Hammerhead development is expected to be made by mid-year 2025, its President...
News

Petronas could deliver Suriname’s 2nd FID as early as next year

Shikema Dey -
Suriname expects its second final investment decision in 2026 for the Petronas-operated Block 52.  Annand Jagesar, head of Suriname’s state...
News

US$300M refined fuel deal being fine tuned with US company – Ali 

Shikema Dey -
The Guyana government is in discussions with U.S. company Curlew Midstream to fine-tune a refined fuels deal, President Irfaan...
News

About 500 million boe in Suirname’s Block 52 – Rystad Energy 

OilNOW -
Rystad Energy estimates that Suriname’s Block 52 holds an estimated 500 million equivalent barrels of oil equivalent resources, according...
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Exploration

ExplorationOilNOW -

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

High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to 69 in 2024. In this...
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Exploration

Noble Developer to drill three wells offshore Suriname

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Noble Corporation announced on Monday that it has entered an agreement with PETRONAS Suriname E&P B.V. for the high-specification...
Exploration

Exxon continues appraisal of Haimara gas discovery

OilNOW -
ExxonMobil continues drilling at the Haimara-3 well, appraising its Haimara-1 gas discovery of 2019. Guyana’s Maritime Administration Department (MARAD) said...
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Production

Guyana's Oil LedgerKemol King -

Guyana oil production averaged 656,000 b/d in December

ExxonMobil Guyana produced 20.3 million barrels of crude in December 2024 at an average rate of approximately 656,000 barrels per day (b/d). Production was nearly...
News

Six FPSOs targeting over five billion barrels of oil at Stabroek Block – Hess

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Hess Corporation has revealed that nearly half of the Stabroek Block’s massive 11.6-billion-barrel reserve will be tapped with six...
Guyana's Oil Ledger

Stabroek Block’s 2024 production exceeded 200 million barrels in November

Kemol King -
ExxonMobil Guyana sustained stable production at its Stabroek Block projects in November 2024, accumulating 205 million barrels since the...
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Discoveries

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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 

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(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

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Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
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Guyana's Oil Ledger

Guyana's Oil LedgerKemol King -

Guyana oil production averaged 656,000 b/d in December

ExxonMobil Guyana produced 20.3 million barrels of crude in December 2024 at an average rate of approximately 656,000 barrels per day (b/d). Production was nearly...

Energy Insights

Energy InsightsOilNOW -

CCJ ruling confirms process by which Stabroek co-venturers apply for and are granted project approvals is lawful

By Chevy Devonish In a previous article we examined how the Caribbean Court of Justice (“CCJ”) in Attorney General of Guyana v Environmental Protection Agency...

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Eight Guyanese form first cohort of MODEC’s trainee program in Guyana

Eight Guyanese have been selected for the inaugural cohort of MODEC's newly launched trainee program in Guyana, designed to offer global training, hands-on experience,...

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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.

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