Latest News

NewsOilNOW -

SBM Offshore fleet grows to 17 FPSOs, reaching 2.7 million barrels per day capacity

SBM Offshore has expanded its fleet to 17 floating production, storage and offloading (FPSO) units, achieving a total production capacity of 2.7 million barrels...
NewsShikema Dey -

24 days until Guyana’s elections: These are the runners gunning for the Presidency

With just 24 days to go before Guyana heads to the polls, the race for president is heating up. Key contenders are vying to...
NewsShikema Dey -

SBM Offshore turnkey revenue doubles on progress of Jaguar and GranMorgu FPSOs 

SBM Offshore's Turnkey revenue doubled in the first half of 2025 to US$1.32 billion, up from US$662 million in the same period last year....
NewsOilNOW -

Guyana hosts Noble’s largest floater presence – Fleet Status Report 

Guyana has emerged as the most active location for Noble Corporation’s floater rigs, with four high-specification drillships operating exclusively in the ExxonMobil-operated Stabroek Block.  According...
NewsOilNOW -

Noble Valiant secured as second drillship for TotalEnergies’ 2026 Suriname campaign 

The Noble Valiant has been added as the second drillship for TotalEnergies' offshore Suriname campaign, the company announced in its latest fleet status report....
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Latest News

NewsOilNOW -

SBM Offshore fleet grows to 17 FPSOs, reaching 2.7 million barrels per day capacity

SBM Offshore has expanded its fleet to 17 floating production, storage and offloading (FPSO) units, achieving a total production capacity of 2.7 million barrels...
NewsShikema Dey -

24 days until Guyana’s elections: These are the runners gunning for the Presidency

With just 24 days to go before Guyana heads to the polls, the race for president is heating up. Key contenders are vying to...
NewsShikema Dey -

SBM Offshore turnkey revenue doubles on progress of Jaguar and GranMorgu FPSOs 

SBM Offshore's Turnkey revenue doubled in the first half of 2025 to US$1.32 billion, up from US$662 million in the same period last year....
NewsOilNOW -

Guyana hosts Noble’s largest floater presence – Fleet Status Report 

Guyana has emerged as the most active location for Noble Corporation’s floater rigs, with four high-specification drillships operating exclusively in the ExxonMobil-operated Stabroek Block.  According...
NewsOilNOW -

Noble Valiant secured as second drillship for TotalEnergies’ 2026 Suriname campaign 

The Noble Valiant has been added as the second drillship for TotalEnergies' offshore Suriname campaign, the company announced in its latest fleet status report....
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Voices from the DrillMAX: Guyanese talent is driving offshore operations

Aboard the Stena DrillMAX, Guyanese professionals are playing key roles in keeping offshore operations in tip-top shape. In the latest edition of Energy Magazine...

Fuel For Thought

Fuel for ThoughtJoanna Simmons -

The PAA Series: Management Themes (Part 6)

Management Themes (Part 5) introduced our discussions of matters pertaining to the development and production of a petroleum discovery. We began our review with...

Local Content

NewsOilNOW -

Noble targets more Guyanese for offshore careers with 2026 Cadet Scholarship launch

Noble Corporation has officially launched the 2026 cycle of its Cadet Scholarship Program, expanding its efforts to train more young Guyanese for maritime careers. “This...

Regional

Latest News

NewsOilNOW -

SBM Offshore fleet grows to 17 FPSOs, reaching 2.7 million barrels per day capacity

SBM Offshore has expanded its fleet to 17 floating production, storage and offloading (FPSO) units, achieving a total production capacity of 2.7 million barrels...
News

24 days until Guyana’s elections: These are the runners gunning for the Presidency

Shikema Dey -
With just 24 days to go before Guyana heads to the polls, the race for president is heating up....
News

SBM Offshore turnkey revenue doubles on progress of Jaguar and GranMorgu FPSOs 

Shikema Dey -
SBM Offshore's Turnkey revenue doubled in the first half of 2025 to US$1.32 billion, up from US$662 million in...
News

Guyana hosts Noble’s largest floater presence – Fleet Status Report 

OilNOW -
Guyana has emerged as the most active location for Noble Corporation’s floater rigs, with four high-specification drillships operating exclusively...
News

Noble Valiant secured as second drillship for TotalEnergies’ 2026 Suriname campaign 

OilNOW -
The Noble Valiant has been added as the second drillship for TotalEnergies' offshore Suriname campaign, the company announced in...
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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...
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Production

NewsShikema Dey -

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

ExxonMobil’s Chief Executive Officer, Darren Woods announced today that first oil from the ONE GUYANA floating production storage and offloading (FPSO) vessel is expected...
Guyana's Oil Ledger

Production surges at Exxon’s Liza 2 and Payara projects

Kemol King -
In the final week and a half of April 2025, Guyana’s offshore oil production witnessed an uptick, with both...
Guyana's Oil Ledger

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Kemol King -
Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s...
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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...
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Guyana's Oil Ledger

Guyana's Oil LedgerKemol King -

Guyana’s June oil output slipped slightly as new FPSO set to lift capacity

ExxonMobil Guyana’s oil production dipped slightly in June, averaging 664,000 barrels per day (b/d) down from 667,000 barrels in May, even as two of...

Energy Insights

Energy InsightsChevy Devonish -

New lawsuit claims that the Government of Guyana’s management of the Natural Resource Fund is unlawful and unconstitutional

A local businessman has filed a lawsuit challenging the Government of Guyana’s (GoG) management of the Natural Resource Fund (the Fund) established under the...

Sponsored Content

NewsOilNOW -

Guyana Electric boosts grid reliability with specialized high-voltage training

Guyana Electric has launched specialized training courses in medium and high-voltage cable terminations and joints, aimed at improving installation practices and network reliability. Chief...

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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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