Latest News

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Guyana could get over US$10B annually from Stabroek Block by 2030 – Exxon official

Guyana could receive more than US$10 billion annually from the Stabroek Block by 2030, according to ExxonMobil Guyana Limited Vice President and Business Services...
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SBM Offshore says Liza Unity piping scope ranks among offshore industry’s most technically demanding work

The high-pressure piping fabricated in Guyana for ExxonMobil Guyana's Liza Unity floating production, storage, and offloading vessel (FPSO) forms part of one of the...
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MODEC working with Guyanese suppliers to strengthen bids for offshore opportunities

MODEC is working with Guyanese suppliers to strengthen their bids for offshore procurement opportunities as the company continues to expand its engagement with the...
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Venezuela’s long-term oil recovery plan still undefined despite 2026 production gains – S&P Global

Despite rising oil production and growing exports, U.S. officials have declined to provide a long-term timeline for the recovery of Venezuela’s oil sector, saying...
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PDVSA crude output to reach 1.37M b/d by December – S&P Global

Venezuela’s state oil company Petróleos de Venezuela, S.A. (PDVSA) is expected to raise crude production to 1.37 million barrels per day (b/d) by December,...
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Trending

Latest News

NewsOilNOW -

Guyana could get over US$10B annually from Stabroek Block by 2030 – Exxon official

Guyana could receive more than US$10 billion annually from the Stabroek Block by 2030, according to ExxonMobil Guyana Limited Vice President and Business Services...
NewsOilNOW -

SBM Offshore says Liza Unity piping scope ranks among offshore industry’s most technically demanding work

The high-pressure piping fabricated in Guyana for ExxonMobil Guyana's Liza Unity floating production, storage, and offloading vessel (FPSO) forms part of one of the...
NewsOilNOW -

MODEC working with Guyanese suppliers to strengthen bids for offshore opportunities

MODEC is working with Guyanese suppliers to strengthen their bids for offshore procurement opportunities as the company continues to expand its engagement with the...
NewsOilNOW -

Venezuela’s long-term oil recovery plan still undefined despite 2026 production gains – S&P Global

Despite rising oil production and growing exports, U.S. officials have declined to provide a long-term timeline for the recovery of Venezuela’s oil sector, saying...
NewsOilNOW -

PDVSA crude output to reach 1.37M b/d by December – S&P Global

Venezuela’s state oil company Petróleos de Venezuela, S.A. (PDVSA) is expected to raise crude production to 1.37 million barrels per day (b/d) by December,...
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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 -

MODEC working with Guyanese suppliers to strengthen bids for offshore opportunities

MODEC is working with Guyanese suppliers to strengthen their bids for offshore procurement opportunities as the company continues to expand its engagement with the...

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 could get over US$10B annually from Stabroek Block by 2030 – Exxon official

Guyana could receive more than US$10 billion annually from the Stabroek Block by 2030, according to ExxonMobil Guyana Limited Vice President and Business Services...
News

SBM Offshore says Liza Unity piping scope ranks among offshore industry’s most technically demanding work

OilNOW -
The high-pressure piping fabricated in Guyana for ExxonMobil Guyana's Liza Unity floating production, storage, and offloading vessel (FPSO) forms...
News

MODEC working with Guyanese suppliers to strengthen bids for offshore opportunities

OilNOW -
MODEC is working with Guyanese suppliers to strengthen their bids for offshore procurement opportunities as the company continues to...
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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 

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 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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