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President Ali wants Guyana’s private sector to form supply vessel group for offshore assignments

OilNOW -
Guyana President Irfaan Ali on Friday urged the country’s private sector to form a consortium capable of joining offshore operations by providing supply and other support vessels.  With the rapid growth of the offshore oil and gas sector, the country...
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How Brent crude ties Guyana’s oil to global markets, supporting profitability even with lower prices

OilNOW -
Brent crude is the leading global benchmark for oil prices. It refers to a classification of water-borne crude originally from the North Sea, now a blend from several North Sea fields, that is light (low density) and sweet (low...
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From Liza to ONE GUYANA: How 7 projects transformed Guyana’s oil sector in 6 years

OilNOW -
In just under six years, Guyana has transitioned from being a first-time oil producer to one that now produces 900,000 barrels of crude per day, driven by seven sanctioned offshore projects in the Stabroek Block and a flagship gas-to-energy...
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Platts to launch tanker assessments for growing Guyana crude flows to Europe 

OilNOW -
Global price-reporting agency Platts, part of S&P Global Commodity Insights, will introduce two new freight assessments on December 1 that specifically track the cost of shipping Guyana’s crude to Europe.  The move comes as Guyana cements its place as a...
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Petrobras to drill 15 wells in Brazil’s Equatorial Margin under 2026–2030 plan

OilNOW -
Petrobras will prioritise exploration along Brazil’s Equatorial Margin as part of its 2026–2030 Business Plan, committing to drill 15 wells in the region between Amapá and Rio Grande do Norte.  The company said the frontier “has an important oil potential”...
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Exxon steps up Uaru drilling as Yellowtail moves into full production

OilNOW -
ExxonMobil Guyana Limited has intensified activity at the Uaru development as its Yellowtail project enters full production. On November 17, 2025, the company began developmental drilling at the Uaru Project’s UA_3i02 Drill Center within the Stabroek Block of Guyana’s...
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TotalEnergies launches EnergyJobs.sr to connect Surinamese talent with growing oil and gas opportunities

Işıl Güneş -
PARAMARIBO, SURINAME – TotalEnergies Suriname officially launched the EnergyJobs.sr platform on Thursday at the Assuria Event Center in Paramaribo, presenting it as a centralized online hub to connect Surinamese jobseekers with opportunities in the country’s expanding oil and gas...
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Staatsolie launches seismic survey in shallow offshore blocks

OilNOW -
Staatsolie began a significant seismic survey on November 20 in the shallow offshore area near Saramacca and Coronie. The project is being carried out in partnership with China’s BGP Offshore and Tomlinson Geophysical Services Inc. (TGS), based in Norway...
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Stena Drilling turns to Guyanese produce to feed offshore crews

OilNOW -
Stena Drilling has deliberately chosen to source most of its food supplies from Guyanese farmers and suppliers, tying its catering operations directly to local content goals. The company said this approach “boosts freshness and flavour” while supporting the country’s...
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Kuwait, Qatar, other long-established producers now trail Guyana in per capita oil output

Shikema Dey -
Countries with some of the world’s most mature petroleum industries now rank behind Guyana in per capita oil production, according to figures from scientific publication Our World in Data (OWID).  Guyana secured the top position in November 2025, and the...
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President Ali wants Guyana’s private sector to form supply vessel group for offshore assignments

Guyana President Irfaan Ali on Friday urged the country’s private sector to form a consortium capable of joining offshore...

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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