Latest News

NewsKemol King -

ExxonMobil, Hess see reduced Guyana profit in 2025 due to lower prices

Both ExxonMobil and Hess saw reduced profits in Guyana, according to financial statements seen by OilNOW.  ExxonMobil’s profit was US$4.67 billion in 2025, compared with...
NewsOilNOW -

Guyana races toward million-barrel status in one of offshore oil’s fastest ramp-ups

Guyana’s oil production has climbed from a standing start in December 2019 to over 900,000 barrels per day in just over six years, marking...
NewsOilNOW -

Exxon to complete Stabroek Block dredging works by November 2026

ExxonMobil Guyana will carry out dredging operations in the Stabroek Block offshore Guyana, with operations expected to conclude on November 24, 2026. According to a...
NewsOilNOW -

SEOGS 2026 expands with Local Content Forum as Suriname mulls key oil policy

The Suriname Energy, Oil & Gas Summit & Exhibition will add a dedicated Local Content Forum in 2026 as the South American country prepares...
NewsOilNOW -

2024 EITI report submitted as Guyana prepares for second validation

Guyana has submitted its 2024 Extractive Industries Transparency Initiative (EITI) report as the country prepares for its second validation under the global transparency framework. The...
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Trending

Latest News

NewsKemol King -

ExxonMobil, Hess see reduced Guyana profit in 2025 due to lower prices

Both ExxonMobil and Hess saw reduced profits in Guyana, according to financial statements seen by OilNOW.  ExxonMobil’s profit was US$4.67 billion in 2025, compared with...
NewsOilNOW -

Guyana races toward million-barrel status in one of offshore oil’s fastest ramp-ups

Guyana’s oil production has climbed from a standing start in December 2019 to over 900,000 barrels per day in just over six years, marking...
NewsOilNOW -

Exxon to complete Stabroek Block dredging works by November 2026

ExxonMobil Guyana will carry out dredging operations in the Stabroek Block offshore Guyana, with operations expected to conclude on November 24, 2026. According to a...
NewsOilNOW -

SEOGS 2026 expands with Local Content Forum as Suriname mulls key oil policy

The Suriname Energy, Oil & Gas Summit & Exhibition will add a dedicated Local Content Forum in 2026 as the South American country prepares...
NewsOilNOW -

2024 EITI report submitted as Guyana prepares for second validation

Guyana has submitted its 2024 Extractive Industries Transparency Initiative (EITI) report as the country prepares for its second validation under the global transparency framework. The...
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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 -

SEOGS 2026 expands with Local Content Forum as Suriname mulls key oil policy

The Suriname Energy, Oil & Gas Summit & Exhibition will add a dedicated Local Content Forum in 2026 as the South American country prepares...

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

NewsKemol King -

ExxonMobil, Hess see reduced Guyana profit in 2025 due to lower prices

Both ExxonMobil and Hess saw reduced profits in Guyana, according to financial statements seen by OilNOW.  ExxonMobil’s profit was US$4.67 billion in 2025, compared with...
News

Guyana races toward million-barrel status in one of offshore oil’s fastest ramp-ups

OilNOW -
Guyana’s oil production has climbed from a standing start in December 2019 to over 900,000 barrels per day in...
News

Exxon to complete Stabroek Block dredging works by November 2026

OilNOW -
ExxonMobil Guyana will carry out dredging operations in the Stabroek Block offshore Guyana, with operations expected to conclude on...
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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

NewsOilNOW -

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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