Latest News

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Hess reports Q3 gains with Guyana leading production growth

Hess Corporation revealed a strong third quarter driven by expanded production in Guyana’s offshore Stabroek Block. The company reported net income of US$498 million,...
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CNOOC’s record production in Guyana boosts strong Q3 results

CNOOC Limited announced its highest-ever net production and net profit for the third quarter of 2024, crediting increased output from projects like the Payara...
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Staatsolie head urges system be put in place to ensure Suriname benefits from oil boom  

Suriname's anticipated oil boom could transform the country’s future, but good governance will be key, Staatsolie Managing Director Annand Jagesar cautioned in a recent...
Guyana's Oil LedgerKemol King -

ExxonMobil Guyana reached new monthly production high in September

ExxonMobil is gradually increasing production offshore Guyana reaching an average of 660,000 barrels per day (b/d). Liza 1 and 2 averaged approximately 160,000 b/d...
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Guyana’s oil boom sparks maritime ambitions as new MatPal graduates drive nation’s deepwater vision

Guyana’s maritime sector is poised for exponential growth alongside its burgeoning oil and gas industry, with a new generation of marine professionals stepping up...
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Latest News

NewsOilNOW -

Hess reports Q3 gains with Guyana leading production growth

Hess Corporation revealed a strong third quarter driven by expanded production in Guyana’s offshore Stabroek Block. The company reported net income of US$498 million,...
NewsOilNOW -

CNOOC’s record production in Guyana boosts strong Q3 results

CNOOC Limited announced its highest-ever net production and net profit for the third quarter of 2024, crediting increased output from projects like the Payara...
NewsOilNOW -

Staatsolie head urges system be put in place to ensure Suriname benefits from oil boom  

Suriname's anticipated oil boom could transform the country’s future, but good governance will be key, Staatsolie Managing Director Annand Jagesar cautioned in a recent...
Guyana's Oil LedgerKemol King -

ExxonMobil Guyana reached new monthly production high in September

ExxonMobil is gradually increasing production offshore Guyana reaching an average of 660,000 barrels per day (b/d). Liza 1 and 2 averaged approximately 160,000 b/d...
NewsOilNOW -

Guyana’s oil boom sparks maritime ambitions as new MatPal graduates drive nation’s deepwater vision

Guyana’s maritime sector is poised for exponential growth alongside its burgeoning oil and gas industry, with a new generation of marine professionals stepping up...
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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

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Local Content Law not meant to protect poor services – Min. Bharrat to Guyanese businesses

Minister of Natural Resources, Vickram Bharrat, emphasized that Guyana's local content legislation is not a shield for substandard services. Speaking at the Local Content...

Regional

Latest News

NewsOilNOW -

Hess reports Q3 gains with Guyana leading production growth

Hess Corporation revealed a strong third quarter driven by expanded production in Guyana’s offshore Stabroek Block. The company reported net income of US$498 million,...
News

CNOOC’s record production in Guyana boosts strong Q3 results

OilNOW -
CNOOC Limited announced its highest-ever net production and net profit for the third quarter of 2024, crediting increased output...
News

Staatsolie head urges system be put in place to ensure Suriname benefits from oil boom  

OilNOW -
Suriname's anticipated oil boom could transform the country’s future, but good governance will be key, Staatsolie Managing Director Annand...
Guyana's Oil Ledger

ExxonMobil Guyana reached new monthly production high in September

Kemol King -
ExxonMobil is gradually increasing production offshore Guyana reaching an average of 660,000 barrels per day (b/d). Liza 1 and...
News

Guyana’s oil boom sparks maritime ambitions as new MatPal graduates drive nation’s deepwater vision

OilNOW -
Guyana’s maritime sector is poised for exponential growth alongside its burgeoning oil and gas industry, with a new generation...
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Exploration

ExplorationOilNOW -

Oil story of South America’s newest producer built on 45 discoveries in just nine years 

ExxonMobil’s Liza find back in 2015 unlocked a treasure trove of oil and gas discoveries in Guyana’s Stabroek Block. Now, in 2024, the number...
Exploration

Exxon conducting drilling operations at Redmouth

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

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

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

Guyana's Oil LedgerKemol King -

ExxonMobil Guyana reached new monthly production high in September

ExxonMobil is gradually increasing production offshore Guyana reaching an average of 660,000 barrels per day (b/d). Liza 1 and 2 averaged approximately 160,000 b/d...
News

Optimization efforts ‘perfectly within operating envelope of FPSOs’, says SBM Offshore

OilNOW -
Oil production offshore Guyana has soared from an initial 120,000 barrels per day (b/d) with the Liza 1 development...
News

Fast-growing oil production off Guyana coast reshaping energy markets – U.S. State Dept. official 

OilNOW -
San Diego, California: Guyana’s growing crude oil output is quickly reshaping energy markets, and the United States is taking...
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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 

OilNOW -
(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

OilNOW -
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 -

ExxonMobil Guyana reached new monthly production high in September

ExxonMobil is gradually increasing production offshore Guyana reaching an average of 660,000 barrels per day (b/d). Liza 1 and 2 averaged approximately 160,000 b/d...

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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Excel Guyana targets workforce development to meet oil & gas demands, sets sights on new manpower division

Excel Guyana Inc. is expanding its workforce solutions to bridge critical skills gaps in Guyana’s oil and gas industry, preparing to launch a new...

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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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