News

News

More Guyanese technicians graduate from FacTor training program 

Shikema Dey -
SBM Offshore Guyana’s Trainee Technician program churned out another 24 Guyanese graduates, who are now one step closer to careers offshore.  “It is only the beginning,” remarked Alistair Routledge, President of ExxonMobil Guyana during a ceremony held at the Guyana...
News

Bechtel advances work on Guyana’s Berbice Deep-Water Port to support second gas development

OilNOW -
Bechtel Corporation is progressing on developing a deep-water port at the Berbice River's mouth. On Wednesday, Bechtel executives met President Irfaan Ali, who stressed the government's need to expedite the project for Guyana’s oil and gas sector growth. “This project...
News

Trinidad extends 2025 deep-water bid round deadline to September 17

OilNOW -
The deadline for Trinidad and Tobago’s 2025 deep-water competitive bidding round has been extended by nearly three months. Bids are now due by noon on September 17, replacing the original July 2 deadline. This is according to a notice from...
News

Letter-to-the-Editor: Guyana is set for a big boost in tourism and excitement this cricket season 

OilNOW -
Dear Editor, I am confident that with the highly anticipated ExxonMobil GSL cricket season upon us once again, Guyana is poised to experience a significant surge in sports tourism and business travel. This season presents yet another opportunity for our nation...
News

Guyana edges closer to world’s largest oil producer per capita

OilNOW -
With just a few weeks before August arrives, Guyana inches closer to becoming the world’s largest oil producer per capita.   The milestone is tied to the start-up of the ONE GUYANA floating production, storage, and offloading vessel (FPSO), the latest...
News

Lysekil, the Swedish refinery using Guyanese crude to power Nordic travel 

OilNOW -
Swedish oil giant Preem is using Guyana’s medium-sweet crude to fuel its flagship Lysekil refinery, linking South America’s newest oil producer to the Nordic region’s energy supply chain. Perched on the rocky coast of Brofjorden just north of Gothenburg,...
News

None like Payara: Exxon yet to replicate optimization, but there’s still time

OilNOW -
The ramp-up of ExxonMobil’s Payara project remains unmatched in Guyana’s offshore oil history, even as more developments come on stream. Wood Mackenzie’s Principal Analyst Luiz Hayum described the startup of the Prosperity FPSO at Payara as setting an industry...
News

Moonilal appoints new boards for Trinidad’s state energy companies

OilNOW -
Trinidad and Tobago's Energy Minister Roodal Moonilal on Monday issued letters of appointment to the new boards of directors for several state-owned energy companies, as the new government moves to revitalize the country's energy sector. According to a statement from...
News

Hess gives back Suriname oil block at Guyana border

OilNOW -
U.S. oil company Hess has relinquished Block 59 offshore Suriname, a deepwater area located near the maritime border with Guyana, returning the acreage to Suriname’s Staatsolie, the state oil firm announced on Tuesday. “Hess fulfilled its minimum work obligations and...
News

ExxonMobil anticipates lower Q2 2025 earnings due weaker oil and gas prices

OilNOW -
ExxonMobil expects lower crude and natural gas prices will weigh on its second quarter 2025 earnings, according to its latest 8-K filing with the U.S. Securities and Exchange Commission (SEC) released ahead of results due August 1. The company estimates...
123...999Page 1 of 999

Latest News

NewsShikema Dey -

More Guyanese technicians graduate from FacTor training program 

SBM Offshore Guyana’s Trainee Technician program churned out another 24 Guyanese graduates, who are now one step closer to...

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.

Quick Access

Company Info

Social Networks