Latest News

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Shell deal advances development of Venezuela’s 7-trillion-cubic-foot Loran gas field

Venezuela has advanced five agreements with Shell to develop the 7-trillion-cubic-foot Loran gas field.  The agreements, signed on June 11, formalize Shell’s participation in Loran,...
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SLB’s OneSubsea secures subsea boosting contract for bp’s Thunder Horse development

SLB’s OneSubsea joint venture has secured a contract from bp to supply a subsea boosting system for the Thunder Horse development in the deepwater...
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ExxonMobil points to repeat-build approach behind Guyana project delivery

ExxonMobil says its Guyana project rollout is being supported by a repeat-build approach that allows the company to apply one development model for floating...
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TotalEnergies plans seabed surveys for new Block 58 exploration, appraisal wells

TotalEnergies plans to carry out geophysical and geotechnical surveys at four planned exploration and appraisal well locations in Block 58 offshore Suriname. The surveys will...
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Exxon-led group recovers over US$51 billion in Guyana expenses from growing oil output

The ExxonMobil-led consortium in Guyana's Stabroek Block has recovered more than US$51 billion of the over US$55 billion in expenses they incurred to explore...
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Latest News

NewsOilNOW -

Shell deal advances development of Venezuela’s 7-trillion-cubic-foot Loran gas field

Venezuela has advanced five agreements with Shell to develop the 7-trillion-cubic-foot Loran gas field.  The agreements, signed on June 11, formalize Shell’s participation in Loran,...
NewsOilNOW -

SLB’s OneSubsea secures subsea boosting contract for bp’s Thunder Horse development

SLB’s OneSubsea joint venture has secured a contract from bp to supply a subsea boosting system for the Thunder Horse development in the deepwater...
NewsOilNOW -

ExxonMobil points to repeat-build approach behind Guyana project delivery

ExxonMobil says its Guyana project rollout is being supported by a repeat-build approach that allows the company to apply one development model for floating...
NewsOilNOW -

TotalEnergies plans seabed surveys for new Block 58 exploration, appraisal wells

TotalEnergies plans to carry out geophysical and geotechnical surveys at four planned exploration and appraisal well locations in Block 58 offshore Suriname. The surveys will...
NewsOilNOW -

Exxon-led group recovers over US$51 billion in Guyana expenses from growing oil output

The ExxonMobil-led consortium in Guyana's Stabroek Block has recovered more than US$51 billion of the over US$55 billion in expenses they incurred to explore...
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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

NewsOilNOW -

Mud plant expansion leads Halliburton’s new round of contracting opportunities

Mud plant expansion is leading Halliburton Guyana Inc.’s latest round of contracting opportunities, with the company opening multiple procurement exercises across infrastructure and equipment...

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 -

Shell deal advances development of Venezuela’s 7-trillion-cubic-foot Loran gas field

Venezuela has advanced five agreements with Shell to develop the 7-trillion-cubic-foot Loran gas field.  The agreements, signed on June 11, formalize Shell’s participation in Loran,...
News

SLB’s OneSubsea secures subsea boosting contract for bp’s Thunder Horse development

OilNOW -
SLB’s OneSubsea joint venture has secured a contract from bp to supply a subsea boosting system for the Thunder...
News

ExxonMobil points to repeat-build approach behind Guyana project delivery

OilNOW -
ExxonMobil says its Guyana project rollout is being supported by a repeat-build approach that allows the company to apply...
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Exploration

ExplorationOilNOW -

ExxonMobil’s next oil target in Stabroek Block: Goby-1

Starting May 10, ExxonMobil Guyana continued exploration drilling activities at the Goby-1 prospect in the Stabroek Block.  A notice from the Maritime Administration Department (MARAD)...
Exploration

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

OilNOW -
Stena Drilling has secured a contract to drill what is set to be Greece’s first deepwater offshore well. The company...
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...
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Production

Guyana's Oil LedgerKemol King -

ExxonMobil Guyana production slightly dipped to 903,000 barrels per day

Crude oil production offshore Guyana averaged 903,000 barrels per day (b/d) in April 2026, a modest decline from 910,000 b/d in March, according to...
Guyana's Oil Ledger

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

Kemol King -
Crude production offshore Guyana averaged about 914,000 barrels per day (b/d) in the first quarter of 2026, as output...
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...
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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 

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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 

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(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 slightly dipped to 903,000 barrels per day

Crude oil production offshore Guyana averaged 903,000 barrels per day (b/d) in April 2026, a modest decline from 910,000 b/d in March, according to...

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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