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Guyana gov’t tables Oil Spill Bill in Parliament

OilNOW -
The Government of Guyana on Monday tabled the long-anticipated Oil Pollution Prevention, Preparedness, Response, and Responsibility Bill 2025 in Parliament, moving to strengthen the country’s legal framework for managing offshore oil spills amid the rapid expansion of its petroleum...
News

Three-week certification target set for Guyana’s local content applicants

OilNOW -
The Government of Guyana is stepping up efforts to strengthen the local content framework in the oil and gas sector, according to the Ministry of Natural Resources. At the recently concluded Local Content Summit, Minister of Natural Resources, Vickram Bharrat,...
News

With Dragon gone, could Guyana be a potential gas source for TT’s spare capacity? 

Shikema Dey -
An April 28 article by the Energy Chamber of Trinidad and Tobago floated the idea of Guyana being a “potential source” of natural gas to fill the Twin Island Republic's spare capacity.  With Trinidad’s Dragon gas dreams appearing dashed, the...
News

Guyana represented just 4.2% of ExxonMobil’s global asset portfolio in 2024

OilNOW -
Despite its role as one of the fastest-growing oil producers in ExxonMobil’s global portfolio, Guyana accounted for just 4.2% of the energy giant’s total long-lived assets at the end of 2024, according to data in the company’s 2024 annual...
News

Foreign labour may be needed to fill skills gap for Suriname’s oil future – Staatsolie Chief

OilNOW -
Annand Jagesar, Managing Director of Staatsolie, believes that Suriname is facing a shortage of skilled labor as it prepares for offshore oil production.  During a recent interview with Kaori Media, Jagesar noted, “Currently, only 7% of our workforce holds a...
News

Chinese Wison New Energies contracted to study floating liquefied natural gas facility at Suriname’s Block 52

OilNOW -
Wison New Energies -  a leading provider of clean energy technology and solutions headquartered in Shanghai - has been contracted to conduct a detailed feasibility study for a proposed floating liquefied natural gas (FLNG) facility at Suriname’s offshore...
Guyana's Oil Ledger

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Kemol King -
Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s 648,000 b/d. Despite the daily average easing, total production for March climbed to 19.4 million barrels, outperforming the 18.1 million...
News

Despite Dragon gas setback, Trinidad still has other viable gas projects in the pipeline

OilNOW -
Trinidad and Tobago's Dragon gas project, once considered key to restoring gas production in the Caribbean nation, was halted by the Trump administration due to its Venezuelan ties. Despite this setback, the country still has several projects in the...
News

Offshore Frontier Solutions wins contract for ExxonMobil’s Hammerhead FPSO in Guyana

OilNOW -
Offshore Frontier Solutions Pte. Ltd. (OFS), a joint venture between MODEC Inc. and Toyo Engineering Corporation, has secured a contract for ExxonMobil Guyana’s Hammerhead project.  The contract, awarded by MODEC, Inc., covers Engineering, Procurement, Construction, and Installation (EPCI) of the...
Stories Beyond the Barrel

Katina Benn champions gender equality in Guyana’s Maritime sector​

Shikema Dey -
Katina Benn, President of the Women in Maritime Association Caribbean (WiMAC) – Guyana Chapter Inc., has been instrumental in advancing gender equality within Guyana's maritime industry. The organization was officially launched on May 18, 2022, coinciding with the inaugural...
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Letter-to-the-Editor: Guyana’s oil and gas sector is experiencing responsible growth

Dear Editor, I am constantly engaged with reports across a range of industries—none more prominent in recent years than the...

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