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Staatsolie to begin shallow offshore seismic survey in October

OilNOW -
Staatsolie Maatschappij Suriname N.V. (Staatsolie) says it will launch a seismic survey in the Shallow Offshore area as part of efforts to assess the country’s resource potential.  The survey, according to Staatsolie in a Sept. 11 announcement, will cover about...
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Letter-to-the-Editor: Women CPL needs more visibility

OilNOW -
Dear Editor, The Caribbean Premier League (CPL) is underway, and as anticipated as the men’s matches are, the fourth edition of the Women’s CPL is proving to be just as exciting. The Barbados Royals, Guyana Amazon Warriors, and Trinbago Knight...
News

SBM Offshore’s Blue Ammonia FPSO design wins ABS approval

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SBM Offshore has received approval in principle from the American Bureau of Shipping (ABS) for a new floating production, storage and offloading (FPSO) design focused on blue ammonia production. The company stated in a media release on September 11 that...
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ExxonMobil’s Yellowtail startup strengthens upstream edge – Zacks Investment Research

OilNOW -
Chicago-based firm, Zacks Investment Research, known for its independent investment analysis and the Zacks Rank system, has highlighted Exxon Mobil Corporation’s (XOM) success offshore Guyana as the foundation of what it calls a durable upstream moat (economic power).  In an...
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Chevron eyes Guyana expertise in Hess takeover, says CEO Mike Wirth

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Chevron’s US$53 billion acquisition of Hess Corporation is not just about reserves; it’s about people. According to Chevron Chief Executive Mike Wirth, the deal, announced in October 2023, was driven by the long-term growth Hess brings and the expertise...
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Bourbon Guyana adds Mistral vessel to support Exxon’s Whiptail project

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Bourbon Guyana has expanded its fleet with the arrival of the Bourbon Mistral, a large platform supply vessel dedicated to the Whiptail Development Project offshore Guyana. “Exciting news from Bourbon Guyana as we introduce the newest addition to our Guyana...
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Spain-bound tanker departs Guyana with second Yellowtail cargo – OilX

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The Nordic Zenith tanker has departed ExxonMobil Guyana’s ONE GUYANA floating production vessel with the second cargo of crude from the Yellowtail project, energy analytics firm OilX and other vessel tracking data showed. The Suezmax tanker was scheduled by the...
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Construction moves apace on Guyana’s Gas-to-Energy project 

OilNOW -
The Gas-to-Energy project at Wales is moving ahead with visible progress. From foundations now in place to new companies showing interest and plans for an industrial zone taking shape, several key steps are unfolding at the same time. Here are...
News

ExxonMobil expands survey work in Guyana’s Stabroek Block

OilNOW -
ExxonMobil Guyana Limited (EMGL) is pressing ahead with environmental and geophysical survey activities in the Stabroek Block as part of its long-term development plans. According to the Maritime Administration Department, EMGL’s Environmental Sampling Survey will continue until December 31, 2025....
News

U.S. security advisory puts Suriname’s ports under scrutiny

OilNOW -
The United States Coast Guard has added Suriname to its list of countries whose ports are deemed to lack effective antiterrorism measures. Under the U.S. Port Security Advisory 4-25, issued on September 3 and taking effect September 17, vessels...
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Global subsea tree awards set to surpass 200 units in 2025, Westwood says

Subsea tree orders are on track to cross 200 units this year, according to Westwood’s Global Subsea Tree Tracker....

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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