Latest News

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Surinamese graduates in GranMorgu training program meet SBM Offshore CEO in Malaysia

Surinamese graduates participating in the training program linked to the GranMorgu offshore oil development met with SBM Offshore’s CEO Øivind Tangen on May 12,...
NewsOilNOW -

Venezuela investment opportunity hinges on low-cost development, ExxonMobil says

ExxonMobil says future investment in Venezuela will depend on whether projects can deliver competitive returns and low-cost production from the country’s heavy oil resources. The...
NewsOilNOW -

ExxonMobil to leverage Proxxima tech in Hammerhead subsea development

ExxonMobil plans to use its Proxxima™ technology in the Hammerhead offshore Guyana development and future floating production vessels in the Stabroek Block, as the...
NewsOilNOW -

Solar PV leads global energy demand growth in 2025, overtakes fossil fuels – IEA 

Solar photovoltaic (PV) power was the largest driver of global energy demand growth in 2025, surpassing fossil fuels for the first time on record...
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Guyana Local Content Summit back on June 2, to examine financing, policy and business opportunities

The Guyana Local Content Summit is back in 2026 and will be held from June 2-3 at the Houston Event Centre, Four Points Sheraton....
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Trending

Latest News

NewsIşıl Güneş -

Surinamese graduates in GranMorgu training program meet SBM Offshore CEO in Malaysia

Surinamese graduates participating in the training program linked to the GranMorgu offshore oil development met with SBM Offshore’s CEO Øivind Tangen on May 12,...
NewsOilNOW -

Venezuela investment opportunity hinges on low-cost development, ExxonMobil says

ExxonMobil says future investment in Venezuela will depend on whether projects can deliver competitive returns and low-cost production from the country’s heavy oil resources. The...
NewsOilNOW -

ExxonMobil to leverage Proxxima tech in Hammerhead subsea development

ExxonMobil plans to use its Proxxima™ technology in the Hammerhead offshore Guyana development and future floating production vessels in the Stabroek Block, as the...
NewsOilNOW -

Solar PV leads global energy demand growth in 2025, overtakes fossil fuels – IEA 

Solar photovoltaic (PV) power was the largest driver of global energy demand growth in 2025, surpassing fossil fuels for the first time on record...
NewsOilNOW -

Guyana Local Content Summit back on June 2, to examine financing, policy and business opportunities

The Guyana Local Content Summit is back in 2026 and will be held from June 2-3 at the Houston Event Centre, Four Points Sheraton....
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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

NewsIşıl Güneş -

Surinamese graduates in GranMorgu training program meet SBM Offshore CEO in Malaysia

Surinamese graduates participating in the training program linked to the GranMorgu offshore oil development met with SBM Offshore’s CEO Øivind Tangen on May 12,...

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

NewsIşıl Güneş -

Surinamese graduates in GranMorgu training program meet SBM Offshore CEO in Malaysia

Surinamese graduates participating in the training program linked to the GranMorgu offshore oil development met with SBM Offshore’s CEO Øivind Tangen on May 12,...
News

Venezuela investment opportunity hinges on low-cost development, ExxonMobil says

OilNOW -
ExxonMobil says future investment in Venezuela will depend on whether projects can deliver competitive returns and low-cost production from...
News

ExxonMobil to leverage Proxxima tech in Hammerhead subsea development

OilNOW -
ExxonMobil plans to use its Proxxima™ technology in the Hammerhead offshore Guyana development and future floating production vessels in...
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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 holds stable at 914,000 b/d in first quarter

Crude production offshore Guyana averaged about 914,000 barrels per day (b/d) in the first quarter of 2026, as output from the ExxonMobil-operated Stabroek Block’s...
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...
News

Exxon hits 900,000 barrels of oil per day in Guyana as Yellowtail reaches full capacity

OilNOW -
ExxonMobil Guyana announced on Wednesday that the country’s daily oil production has reached a new milestone of 900,000 barrels...
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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 holds stable at 914,000 b/d in first quarter

Crude production offshore Guyana averaged about 914,000 barrels per day (b/d) in the first quarter of 2026, as output from the ExxonMobil-operated Stabroek Block’s...

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...

Opinions