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ExxonMobil continuing drilling at Barreleye-3 well

ExxonMobil Guyana is continuing exploration drilling at the Barreleye-3 well in the Stabroek Block, a notice from Guyana’s Maritime Administration Department said. According to the notice, drilling, carried out by the drillship Stena Carron, was scheduled to begin on December...

Guyana Oil & Gas: What to look forward to in 2026

A series of major developments is expected to shape Guyana’s oil and gas sector in 2026, as production rises and long-planned projects and decisions come due. Potential ICJ ruling on the Guyana/Venezuela border case Guyana could receive a long-awaited ruling from...

TT Energy Chamber backs government plan to speed up energy project approvals

The Energy Chamber of Trinidad & Tobago has welcomed the government’s move to accelerate approvals for energy projects, stating that faster decision-making is crucial to boosting gas supply and exports. In a statement dated December 30, the Chamber said it...

OilNOW’s top stories of 2025 – Guyana 

From record-setting production in Guyana to shifting energy fortunes in Trinidad and Tobago and a sharp turn in U.S.–Venezuela relations, 2025 was a year of heightened regional focus for the oil and gas sector.  OilNOW’s top stories of the year,...

Ali signals last quarter 2026 as expected completion date for Gas-to-Energy project

Guyana’s President Irfaan Ali signaled the last quarter of 2026 as the start date for the Gas-to-Energy project. “We are hoping by the last quarter of 2026, the Gas-to-Energy project will be in a position to deliver,” the President said...

OilNOW’s top stories of 2025 Suriname Edition

Here are the stories that you, the readers, were most interested in last year about Suriname:  Suriname’s GranMorgu offshore oil project is 23% complete TotalEnergies and Staatsolie reported that GranMorgu reached 23% completion, covering engineering and procurement progress, and reaffirmed that...

First Ultra-Deepwater clearance positions Trinidad and Tobago for next offshore frontier

Trinidad and Tobago’s first environmental clearance for ultra-deepwater exploration is being framed by the Ministry of Planning, Economic Affairs and Development as a strategic step toward opening a new offshore frontier. The Environmental Management Authority (EMA) has issued a Certificate...

ExxonMobil Guyana seeks DP2 chemical carrier vessels for Georgetown operations

ExxonMobil Guyana Limited plans to establish a services agreement for the provision of one or more DP2 chemical carrier vessels or platform supply vessels to support operations in the Georgetown area. The company issued a Request for Information to identify...

Exxon’s Yellowtail project averaged 258,000 b/d in November

ExxonMobil’s Yellowtail offshore oil project in Guyana averaged 258,000 barrels per day (b/d) in November, according to newly released government data. Total offshore output across the four producing developments in Guyana’s Stabroek Block averaged about 894,000 b/d in November, up...

Guyana’s oil revenues surpassed $8 billion in fourth quarter

Guyana’s total revenues from oil production have climbed to over US$8 billion since output began in December 2019, bolstered by rising production from offshore projects operated by ExxonMobil. Cumulative revenues from oil sales and royalties exceeded US$8.25 billion, according to...

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Environmental permits and production licenses serve distinct roles for oil and gas developments

Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects...