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Chevron has until April 3 to pack up oil operations in Venezuela 

OilNOW -
April 3 marks the deadline for Chevron to cease its operations in Venezuela, a significant setback imposed by the new Trump administration on the Nicolás Maduro-led government. Usually, a company gets six months to pack up. Trump wants Chevron to...
News

Regulator designates anchor-free zone around Exxon’s undersea gas pipeline 

OilNOW -
Guyana’s Maritime Administration Department (MARAD) has designated a 500-meter buffer zone around an offshore pipeline installed by ExxonMobil Guyana, warning mariners that the area is an anchor-free zone and urging extreme caution when navigating nearby. The regulator said the pipeline...
Featured

Venezuela’s continued aggression not to be taken lightly

OilNOW -
Dear Editor, The continued deliberate act by Venezuela to threaten and disrupt the peace and prosperity of Guyana must come to an end. Time and time again they have shown us that they have no respect for the rule of...
News

Efficiency gains propelling ExxonMobil’s rapid growth in Guyana 

OilNOW -
ExxonMobil Guyana’s offshore oil developments are progressing with record efficiency, enabling faster project execution and greater economic benefits for the country. This is according to its President, Alistair Routledge, in an exclusive OilNOW interview. He said the company has refined...
News

EnerMech secures pre-commissioning contract for ONE GUYANA FPSO

OilNOW -
EnerMech has been selected by SBM Offshore to perform pre-commissioning work on the ONE GUYANA floating production, storage and offloading (FPSO) vessel. The FPSO will arrive in Guyana this year. EnerMech said it executed pre-commissioning work for all three FPSOs...
Stories Beyond the Barrel

From sugar estate to offshore drilling; here’s Stephen Moonasar’s journey

OilNOW -
Stephen Moonasar’s career path took an unexpected turn—from the sugar estates of Guyana to a drill ship nearly 200 kilometers offshore. His story is a testament to how skills training and opportunity can transform lives. “I was born in the...
News

Suriname’s upstream sector poised for US$9.5 billion investment – Rystad Energy  

OilNOW -
Capital investment in Suriname’s upstream oil and gas sector is set to grow significantly, with spending projected to reach US$9.5 billion between 2024 and 2027, according to Rystad Energy. This surge is driven by the TotalEnergies-operated GranMorgu project and new...
News

Super tanker headed for Netherlands lifts two cargoes from Guyana oilfield 

Kemol King -
The Red Nova, a large crude carrier (VLCC) capable of transporting more than 2 million barrels of oil, recently completed a double crude lift offshore Guyana, ExxonMobil Guyana told OilNOW.  The tanker loaded crude from two floating production, storage and...
News

MODEC Guyana to publish RFIs for key offshore services

OilNOW -
MODEC Guyana has announced its intent to publish Requests for Information (RFIs) for various offshore services over the next six months.  The list includes industrial gas services, fire pump performance tests, oil and gas laboratory analysis, and transformers, all set...
News

Suriname among top oil frontiers, 2.2 billion boe secured since 2020 – Norway firm

OilNOW -
Suriname is set for a wave of oil and gas exploration, with industry giants Shell, TotalEnergies, and Chevron leading efforts to tap into the country’s promising offshore reserves. Operators plan to drill around 10 wells between 2025 and 2027...
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Battery system arrives in Guyana for delayed Gas-to-Energy project

LNDCH4, the U.S. joint venture building an integrated natural gas processing facility at Wales, announced on Friday the arrival...

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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