Latest News

NewsShikema Dey -

Eco Atlantic considering heavy-oil development at Jethro; says Exxon Hammerhead FID triggers ‘fresh look’

Eco Atlantic Oil and Gas is taking a fresh look at its 2019 Jethro-Lobe discovery offshore Guyana, after ExxonMobil’s Hammerhead project proved that heavy...
NewsOilNOW -

TechnipFMC has an unbroken run of ExxonMobil Subsea awards in Guyana – CEO 

TechnipFMC Chief Executive Officer Doug Pferdehirt has highlighted the company’s exceptional record of securing every subsea production system contract awarded by ExxonMobil in Guyana...
NewsOilNOW -

Suriname promises green growth: Offshore oil to fund forest protection

As Suriname prepares for its first major offshore oil production, President Jennifer Geerlings-Simons said the government is committed to using those resources to protect...
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TechnipFMC reports strong Q3 2025 results driven by subsea growth

TechnipFMC has delivered another solid quarter, reporting total revenue of US$2.65 billion for the third quarter of 2025. Net income attributable to the company...
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Guyana among few countries in the world where investments in O&G exploration remain robust

While global oil and gas exploration has slowed dramatically over the past decade, Guyana stands as one of the few nations bucking the trend....
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Latest News

NewsShikema Dey -

Eco Atlantic considering heavy-oil development at Jethro; says Exxon Hammerhead FID triggers ‘fresh look’

Eco Atlantic Oil and Gas is taking a fresh look at its 2019 Jethro-Lobe discovery offshore Guyana, after ExxonMobil’s Hammerhead project proved that heavy...
NewsOilNOW -

TechnipFMC has an unbroken run of ExxonMobil Subsea awards in Guyana – CEO 

TechnipFMC Chief Executive Officer Doug Pferdehirt has highlighted the company’s exceptional record of securing every subsea production system contract awarded by ExxonMobil in Guyana...
NewsOilNOW -

Suriname promises green growth: Offshore oil to fund forest protection

As Suriname prepares for its first major offshore oil production, President Jennifer Geerlings-Simons said the government is committed to using those resources to protect...
NewsOilNOW -

TechnipFMC reports strong Q3 2025 results driven by subsea growth

TechnipFMC has delivered another solid quarter, reporting total revenue of US$2.65 billion for the third quarter of 2025. Net income attributable to the company...
NewsOilNOW -

Guyana among few countries in the world where investments in O&G exploration remain robust

While global oil and gas exploration has slowed dramatically over the past decade, Guyana stands as one of the few nations bucking the trend....
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Kavita Khan: Driving finance in Guyana’s oil sector

For Senior Accountant Kavita Khan, TechnipFMC first caught her attention through a presentation. “One of the managers… was going around to different companies that...

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...

Rules of the Game

Rules of the GameIşıl Güneş -

How exploration and production are governed in Suriname – Part 1

PARAMARIBO, SURINAME – Suriname’s petroleum industry is governed by the Petroleum Law of 1990, enacted in 1991 (S.B. 1991 no. 7) and amended in...

Local Content

NewsOilNOW -

‘My people must benefit’ – Suriname President in push for local-content laws as production looms

With the start of offshore oil production just a few years away, Suriname’s President Jennifer Geerlings-Simons is focusing on ensuring citizens and local companies...

Regional

Latest News

NewsShikema Dey -

Eco Atlantic considering heavy-oil development at Jethro; says Exxon Hammerhead FID triggers ‘fresh look’

Eco Atlantic Oil and Gas is taking a fresh look at its 2019 Jethro-Lobe discovery offshore Guyana, after ExxonMobil’s Hammerhead project proved that heavy...
News

TechnipFMC has an unbroken run of ExxonMobil Subsea awards in Guyana – CEO 

OilNOW -
TechnipFMC Chief Executive Officer Doug Pferdehirt has highlighted the company’s exceptional record of securing every subsea production system contract...
News

Suriname promises green growth: Offshore oil to fund forest protection

OilNOW -
As Suriname prepares for its first major offshore oil production, President Jennifer Geerlings-Simons said the government is committed to...
News

TechnipFMC reports strong Q3 2025 results driven by subsea growth

OilNOW -
TechnipFMC has delivered another solid quarter, reporting total revenue of US$2.65 billion for the third quarter of 2025. Net...
News

Guyana among few countries in the world where investments in O&G exploration remain robust

OilNOW -
While global oil and gas exploration has slowed dramatically over the past decade, Guyana stands as one of the...
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Exploration

ExplorationOilNOW -

ExxonMobil, Shell lead high-impact exploration over five-year period as NOCs surge in 2024

ExxonMobil and Shell were the most active high-impact oil and gas explorers between 2020 and 2024, according to energy intelligence firm Westwood Global Energy...
Exploration

ExxonMobil to appraise 2022 Barreleye discovery 

OilNOW -
ExxonMobil is engaged in appraisal drilling operations at the Barreleye-2 well of the Stabroek Block.  The operation started on April...
Exploration

Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

OilNOW -
High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to...
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Production

Guyana's Oil LedgerKemol King -

Yellowtail boost lifts Guyana’s oil output to 685,000 b/d in August

Oil production offshore Guyana averaged 685,000 barrels per day (b/d) in August, up from 664,000 b/d in July, driven mainly by the start-up of...
News

ONE GUYANA FPSO equipped to ensure uninterrupted gas handling offshore – GoG

Shikema Dey -
The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the...
News

Oil production begins at ExxonMobil’s fourth mega-project offshore Guyana

Shikema Dey -
Oil production has started at ExxonMobil's Yellowtail Development offshore Guyana, making it the fourth mega-project to startup in just...
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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 oil fund gets another US$133 million from oil sales in September

Guyana received payments for two cargoes of crude oil in September 2025, totaling US$133 million (approximately GY$28 billion). The shipments, lifted from the Payara...

Energy Insights

Energy InsightsChevy Devonish -

Second court action seeks to quash the EIA and the environmental permit for the Hammerhead project

Environmental activists filed a lawsuit in July seeking to cancel the Environmental Impact Assessment (EIA) and Environmental Permit (EP) granted for the Hammerhead Project,...

Sponsored Content

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UAL launches new Caribbean shuttle service to enhance regional trade connectivity

UAL (Universal Africa Lines) has introduced the UAL Caribbean Shuttle, a fixed 9-day loop service linking Point Lisas (Trinidad & Tobago), Georgetown (Guyana), and...

Opinions

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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