Latest News

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Drilling at Hammerhead-4 to reinforce confidence in project design – Routledge

ExxonMobil is drilling the Hammerhead-4 appraisal well offshore Guyana, ahead of its Hammerhead development project, which aims to produce oil from the 2018 discovery.  According to ExxonMobil...
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Capping stack to be stationed at Vreed-en-Hoop port long term – Exxon President

ExxonMobil Guyana President Alistair Routledge said the recently arrived capping stack in Guyana, which is currently stationed at the Guyana Shore Base Inc. (GYSBI),...
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OneSubsea secures major contract for Petrobras’ Roncador project in Brazil

SLB’s OneSubsea™ joint venture has secured a significant contract from Petrobras for the Roncador project, located offshore Brazil.  This contract follows a competitive tender process...
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University of Guyana to be tuition-free by January 2025

President of Guyana, Dr. Mohamed Irfaan Ali, announced during an October 10 Parliamentary address that starting from the January 2025 semester, tuition fees will...
NewsOilNOW -

Exxon says it will work with Guyana authorities to set up independent decommissioning fund 

ExxonMobil Guyana President Alistair Routledge said the company stands ready to work with the government on the establishment of an independent decommissioning fund for...
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Latest News

NewsOilNOW -

Drilling at Hammerhead-4 to reinforce confidence in project design – Routledge

ExxonMobil is drilling the Hammerhead-4 appraisal well offshore Guyana, ahead of its Hammerhead development project, which aims to produce oil from the 2018 discovery.  According to ExxonMobil...
NewsOilNOW -

Capping stack to be stationed at Vreed-en-Hoop port long term – Exxon President

ExxonMobil Guyana President Alistair Routledge said the recently arrived capping stack in Guyana, which is currently stationed at the Guyana Shore Base Inc. (GYSBI),...
NewsOilNOW -

OneSubsea secures major contract for Petrobras’ Roncador project in Brazil

SLB’s OneSubsea™ joint venture has secured a significant contract from Petrobras for the Roncador project, located offshore Brazil.  This contract follows a competitive tender process...
NewsOilNOW -

University of Guyana to be tuition-free by January 2025

President of Guyana, Dr. Mohamed Irfaan Ali, announced during an October 10 Parliamentary address that starting from the January 2025 semester, tuition fees will...
NewsOilNOW -

Exxon says it will work with Guyana authorities to set up independent decommissioning fund 

ExxonMobil Guyana President Alistair Routledge said the company stands ready to work with the government on the establishment of an independent decommissioning fund for...
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Stories beyond the barrel

Stories Beyond the BarrelShikema Dey -

CinNex Inc: Navigating Guyana’s multimedia industry with vision and tenacity

CinNex Inc., a name synonymous with multimedia innovation in Guyana, stands as a testament to resilience, adaptability, and foresight. At the helm of this...

Local Content

NewsOilNOW -

2,000 direct jobs to be created in Suriname as TotalEnergies set to spend US$1.5 billion in-country

TotalEnergies' Gran Morgu project is set to create thousands of jobs, including 2,000 direct jobs over its lifetime. Meanwhile, the Total-led group plans to...

Regional

Latest News

NewsOilNOW -

Drilling at Hammerhead-4 to reinforce confidence in project design – Routledge

ExxonMobil is drilling the Hammerhead-4 appraisal well offshore Guyana, ahead of its Hammerhead development project, which aims to produce oil from the 2018 discovery.  According to ExxonMobil...
News

Capping stack to be stationed at Vreed-en-Hoop port long term – Exxon President

OilNOW -
ExxonMobil Guyana President Alistair Routledge said the recently arrived capping stack in Guyana, which is currently stationed at the...
News

OneSubsea secures major contract for Petrobras’ Roncador project in Brazil

OilNOW -
SLB’s OneSubsea™ joint venture has secured a significant contract from Petrobras for the Roncador project, located offshore Brazil.  This contract...
News

University of Guyana to be tuition-free by January 2025

OilNOW -
President of Guyana, Dr. Mohamed Irfaan Ali, announced during an October 10 Parliamentary address that starting from the January...
News

Exxon says it will work with Guyana authorities to set up independent decommissioning fund 

OilNOW -
ExxonMobil Guyana President Alistair Routledge said the company stands ready to work with the government on the establishment of...
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Exploration

ExplorationOilNOW -

Exxon conducting drilling operations at Redmouth

ExxonMobil has commenced exploration drilling at the Redmouth-1A well in the Stabroek Block offshore Guyana. Previously, the company drilled the Redmouth-1 well in the...
Exploration

Exxon’s gas wells take spotlight in global upstream activity for August – Rystad Energy

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ExxonMobil's gas exploration efforts in August were a key focus in oil and gas upstream activities, according to a...
Exploration

A look at ExxonMobil’s largest drilling fleet operating offshore Guyana

OilNOW -
The Stabroek Block offshore Guyana hosts four highly capable Noble drillships—Sam Croft, Bob Douglas, Tom Madden, and Don Taylor—all...
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Production

Guyana's Oil LedgerKemol King -

Guyana crude output rebounds, closing August at 663,000 b/d

After a July of shutdowns at the Liza field, crude oil production has returned to more than 600,000 barrels per day (b/d) in August.  The...
News

No Stabroek Block crude is used for offshore operations – ExxonMobil Guyana clarifies

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ExxonMobil Guyana Limited (EMGL) has put on record that no crude produced in the Stabroek Block is utilised for...
News

Leading OPEC+ members agree to postpone proposed increase in oil production

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The OPEC+ countries, which previously announced additional voluntary cuts in April and November 2023, including Saudi Arabia, Russia, Iraq,...
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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 

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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 crude output rebounds, closing August at 663,000 b/d

After a July of shutdowns at the Liza field, crude oil production has returned to more than 600,000 barrels per day (b/d) in August.  The...

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...

Sponsored Content

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UBSL launches new breakbulk shipping line for Caribbean & South America

Universal Africa Lines B.V. (UBSL) is expanding its operations by launching a new breakbulk shipping line for the Caribbean and East Coast of South...

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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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