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ExxonMobil expands offshore surveys to advance next phase of Guyana’s oil developments

OilNOW -
ExxonMobil Guyana Limited (EMGL) has expanded its offshore data acquisition work, with new geotechnical, underwater, and seismic surveys underway across the Stabroek Block. According to a notice from the Maritime Administration Department, geotechnical surveying operations commenced on November 15 and...
News

Guyana’s October crude oil exports went to 14 countries

Kemol King -
Guyana exported a record 28 crude oil cargoes in October, its highest monthly total to date, as offshore production continued to climb with ExxonMobil’s new Yellowtail project. Data compiled from the Maritime Administration Department (MARAD) and ship-tracking platforms MarineTraffic,...
News

Ramsaroop urges businesses to ‘follow the money’ and align with Guyana’s national development agenda

OilNOW -
Guyana’s Chief Investment Officer, Dr. Peter Ramsaroop, urged local entrepreneurs to align their ventures with the nation's economic priorities, emphasizing strategy, passion, and readiness for growth.  He was speaking at the Georgetown Chamber of Commerce and Industry’s (GCCI) Business Development...
News

Longtail project to mark beginning of Guyana’s new gas chapter – ExxonMobil’s Routledge

OilNOW -
ExxonMobil Guyana President Alistair Routledge says the upcoming Longtail development will open a new chapter in Guyana’s energy journey, marking the country’s entry into large-scale gas development. He was speaking at the Berbice Development Summit, where he outlined how...
Stories Beyond the Barrel

Clement Sankat: The Engineer building Guyana’s future through education

Shikema Dey -
Few academics in the Caribbean have shaped as many institutions as Professor Clement Sankat. The chartered mechanical engineer and veteran educator has spent more than four decades using education to fuel national development, from expanding universities in Trinidad and...
News

Guyana’s Local Content Secretariat to launch digital portal and AI checks to speed up certification 

OilNOW -
The Local Content Secretariat is moving to a digital system to cut certificate wait times and widen access in Guyana. Director Michael Munroe announced the plan on day two of a Business Development Forum hosted by the Georgetown Chamber...
News

Tourism minister calls for cultural shift, stronger service standards to power Guyana’s next economic phase

OilNOW -
Tourism, Industry, and Commerce Minister Susan Rodrigues has called for a national cultural transformation to align with Guyana’s rapid economic growth, emphasizing that discipline, professionalism and improved service delivery are essential for sustaining progress.  Speaking on the second day of...
News

Secretariat eyes 20 new areas for Guyana’s Local Content Act – Director 

Shikema Dey -
The Local Content Secretariat has flagged more than 20 additional areas that could be added to the first schedule of Guyana’s Local Content Act. Director Michael Munroe made the disclosure on day two of the Georgetown Chamber of Commerce...
News

Suriname’s new government shifts Santokhi’s ‘Royalties for Everyone’ to more sustainable investment  

Işıl Güneş -
PARAMARIBO, SURINAME -  In May 2025, then-President Chandrikapersad Santokhi unveiled ‘Royalties for Everyone’,  an initiative that promised to share Suriname’s future oil revenues directly with its citizens. Under the plan, every Surinamese citizen would receive a share of royalties...
News

Chinese oil and gas giant CNOOC eyes greater role in Trinidad and Tobago’s energy sector

OilNOW -
Executives from China National Offshore Oil Corporation (CNOOC) this week met with Trinidad and Tobago’s Ministry of Energy and Energy Industries to discuss expanding the company’s presence in the country’s energy sector. The meeting, held on Wednesday (November 13) at...
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Latest News

ExplorationShikema Dey -

Suriname puts 60% of offshore basin on offer in new Staatsolie open-door programme

Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the...

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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