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Sweden leads Guyana oil takers in April – OilX data

Kemol King -
Sweden received the highest number of crude oil cargoes from Guyana in April 2025, according to vessel tracking intelligence provided by OilX, a firm specializing in global oil flow analytics. Four shipments were delivered to Sweden during the month —...
Featured

Suriname’s 2025 exploration wells targeting 900 million boe of resources – Wood Mac 

OilNOW -
Wood Mackenzie projects that the three exploration prospects currently being developed in Suriname’s offshore basin this year hold a combined total of approximately 900 million barrels of oil equivalent (mmboe). The wells are Macaw-1, Korikori-1 and Akaru Deep-1; each hold...
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SPE International President: Guyana oil boom offers two-way learning opportunity

OilNOW -
Terry Palisch, President of the Society of Petroleum Engineers (SPE) International, concluded his first visit to Guyana this week, signaling the country’s expanding relevance in global energy discussions and the transfer of technical expertise. Palisch, who also serves as Chief...
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Guyana passes House motion condemning Venezuela’s Essequibo vote plans

OilNOW -
Guyana’s Parliament passed a motion on Friday, condemning Venezuela’s decision to hold elections in the Essequibo region. The move affirms the country’s sovereignty over the territory and calls on the international community to uphold international law.  The vote was marked...
Stories Beyond the Barrel

Founder of UG’s Petroleum Engineers Chapter builds industry bridges for students

Shikema Dey -
Kezia Chinian is in her final year of Petroleum Engineering at the University of Guyana. She did not initially set out to work in oil and gas but chose her path after seeing the sector’s rapid growth.  “Petroleum was not...
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The Future of Oil in Suriname: Insights from political parties ahead of Sunday’s polls 

OilNOW -
Paramaribo, Suriname - As Suriname approaches general elections on May 25, the nation’s burgeoning oil and gas sector stands at the forefront of political discourse. The development of offshore reserves, particularly the US$10.5 billion GranMorgu project in offshore Block 58...
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Arbitration hearing for Monday over Chevron’s claim to Hess’ Guyana oil asset

OilNOW -
A high-stakes arbitration hearing over Chevron’s proposed $53 billion acquisition of Hess Corporation is set to begin Monday in London. The hearing will focus on a prized 30% stake in Guyana’s Stabroek Block, according to a Reuters report. The confidential...
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Guyana nominates candidates for sole expert to resolve US$214 million audit dispute with Exxon-led group

OilNOW -
Guyana has nominated multiple candidates for the role of sole expert to resolve a dispute with ExxonMobil and its partners over US$214 million in expenses claimed for oil operations in the offshore Stabroek Block, the Natural Resources Ministry said...
News

PSC’s top focus will be watchdog role for 2025 elections, new chair says

OilNOW -
The Private Sector Commission (PSC) of Guyana will prioritize its role as an elections watchdog ahead of the country’s 2025 vote, newly elected Chairman Gerald Gouveia Jr. said, announcing plans to revive the body's elections monitoring system. “That’s going to...
News

DOF secures US$480M in long-term AHTS contracts with Petrobras

OilNOW -
DOF Group ASA has been awarded four long-term charter and service contracts by Petrobras in Brazil, following a competitive tender process, the company announced this week.  The Skandi Iguaçu, one of the largest anchor handling tug supply (AHTS) vessels ever...
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Exxon executive affirms stability in Guyana outlook regardless of arbitration outcome

ExxonMobil’s Senior Vice President Neil Chapman said Thursday that operations and investment plans in Guyana remain “100% aligned” among...

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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