Latest News

NewsOilNOW -

Trinidad moves ultra-deepwater push forward with ExxonMobil, Oxy PSC signing

Trinidad and Tobago has signed a Production Sharing Contract for the TTUD-1 Block with ExxonMobil Trinidad and Tobago Limited and Occidental Petroleum (Oxy), moving...
NewsOilNOW -

ExxonMobil wants Guyanese firms to play leading role across fabrication value chain

ExxonMobil Guyana wants local companies to play a larger role across the full fabrication value chain as offshore activity expands. The company’s Production Manager, Huzefa...
NewsTrichell Sobers -

Collateral-free Development Bank to offer local entrepreneurs a pathway into Guyana’s oil and gas industry

Guyanese entrepreneurs seeking to enter the oil and gas sector could soon access collateral-free, interest-free financing through the proposed Guyana Development Bank, which the...
NewsOilNOW -

Exxon reports US$8.1 billion in Guyana revenue from 102 oil lifts in 2025

ExxonMobil Guyana generated US$8.1 billion (approx. GYD $1.7 trillion) in revenue in 2025, supported by 102 crude oil lifts from the Stabroek Block, representing...
NewsOilNOW -

Saipem opens procurement opportunity for Guyanese businesses to provide vulcanizing services

Guyanese businesses are being invited to submit bids for vulcanizing services under a new request for information issued by Saipem Guyana, aimed at supporting...
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Trending

Latest News

NewsOilNOW -

Trinidad moves ultra-deepwater push forward with ExxonMobil, Oxy PSC signing

Trinidad and Tobago has signed a Production Sharing Contract for the TTUD-1 Block with ExxonMobil Trinidad and Tobago Limited and Occidental Petroleum (Oxy), moving...
NewsOilNOW -

ExxonMobil wants Guyanese firms to play leading role across fabrication value chain

ExxonMobil Guyana wants local companies to play a larger role across the full fabrication value chain as offshore activity expands. The company’s Production Manager, Huzefa...
NewsTrichell Sobers -

Collateral-free Development Bank to offer local entrepreneurs a pathway into Guyana’s oil and gas industry

Guyanese entrepreneurs seeking to enter the oil and gas sector could soon access collateral-free, interest-free financing through the proposed Guyana Development Bank, which the...
NewsOilNOW -

Exxon reports US$8.1 billion in Guyana revenue from 102 oil lifts in 2025

ExxonMobil Guyana generated US$8.1 billion (approx. GYD $1.7 trillion) in revenue in 2025, supported by 102 crude oil lifts from the Stabroek Block, representing...
NewsOilNOW -

Saipem opens procurement opportunity for Guyanese businesses to provide vulcanizing services

Guyanese businesses are being invited to submit bids for vulcanizing services under a new request for information issued by Saipem Guyana, aimed at supporting...
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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 -

ExxonMobil wants Guyanese firms to play leading role across fabrication value chain

ExxonMobil Guyana wants local companies to play a larger role across the full fabrication value chain as offshore activity expands. The company’s Production Manager, Huzefa...

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 -

Trinidad moves ultra-deepwater push forward with ExxonMobil, Oxy PSC signing

Trinidad and Tobago has signed a Production Sharing Contract for the TTUD-1 Block with ExxonMobil Trinidad and Tobago Limited and Occidental Petroleum (Oxy), moving...
News

ExxonMobil wants Guyanese firms to play leading role across fabrication value chain

OilNOW -
ExxonMobil Guyana wants local companies to play a larger role across the full fabrication value chain as offshore activity...
News

Collateral-free Development Bank to offer local entrepreneurs a pathway into Guyana’s oil and gas industry

Trichell Sobers -
Guyanese entrepreneurs seeking to enter the oil and gas sector could soon access collateral-free, interest-free financing through the proposed...
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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...

Opinions