Featured

SBM Offshore, on January 21, pulled back the curtain on one of the most critical assets in offshore energy production: the floating production, storage and offloading vessel, better known as the FPSO. So, what exactly is an FPSO, and why...

MODEC’s approach to engineering and project planning for the Uaru floating production, storage and offloading (FPSO) vessel has created space for local fabrication work to be integrated into the project without affecting delivery timelines.  This is according to MODEC’s Uaru...

Dear Editor, I believe that oil-producing CARICOM States must remain alert to evolving geopolitical developments in the wider region, particularly those involving Venezuela and increased engagement by major global powers.  Such developments, whether political or diplomatic, can have broader implications for...

Approximately 33% of Guyanese employed in the country’s oil and gas sector hold professional-level positions, while about 18% work in technical or associate professional roles, according to data from the Local Content Secretariat. The figures were disclosed to OilNOW by...

A consortium led by TotalEnergies completed payment of a US$15 million signing bonus to Guyana in December for offshore exploration rights to Block S4, according to a report published in the December 30 Official Gazette. The group, which includes QatarEnergy...

Stena Drilling’s drillship, Stena Carron, has achieved record-breaking operational results offshore Guyana in 2025, according to the company in a January 22 LinkedIn post.  Stena reported that, in Guyana, the vessel completed a 17-well top-hole campaign, with seven wells drilled...

Dear Editor,  Guyana’s oil and gas sector has often been described as resilient and profitable, even amid industry challenges. This resilience is evident in ongoing oil and gas operations, which demonstrate Guyana can weather competitiveness and maintain oil profitability.  A resilient...

More than 65% of the crew aboard drillships Stena Carron and Stena DrillMAX are now Guyanese nationals, reflecting years of workforce development, according to Stena Drilling, as reported in the latest edition of the Energy Magazine. The company said approximately...

On January 26, the Government of Guyana will present its 2026 Budget at a time when the country’s oil production has reached record levels across several offshore projects, and citizens watch to see how these oil revenues will improve...

ExxonMobil Guyana Limited (EMGL) will continue developmental drilling operations at the Liz_3P13 Drill Center, part of the Liza Phase 2 Project in the Stabroek Block, according to a Notice to Mariners issued by the Maritime Administration Department (MARAD) this...