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Suriname’s carbon credit conundrum: Unlocking value in a forested future

OilNOW -
PARAMARIBO, SURINAME - Despite being one of the most forested nations on Earth - 93% of its land is covered with rainforests - Suriname has not yet earned a cent from carbon credits. That striking reality framed the discussion...
News

Technip Energies highlights collaborative role in GranMorgu FPSO project

OilNOW -
PARAMARIBO, SURINAME  - In an exclusive interview with OilNOW during the Suriname Energy, Oil & Gas Summit (SEOGS) 2025, Lorenzo Disaro, FLNG-LNG Offshore Business Director at Technip Energies, outlined the company’s role in the development of the GranMorgu floating...
News

Nearly half of Guyana’s crude exports going directly to just two countries

Kemol King -
In just the first five months of 2025, nearly half of Guyana’s offshore crude exports were shipped directly to only two countries: the Netherlands and Panama. Of the 93 cargoes recorded during the period, each typically carrying about one...
Guyana's Oil Ledger

Guyana’s May oil output hits new high as Liza 2 and Payara ramp up

Kemol King -
Guyana’s offshore oil production reached a new milestone in May 2025, averaging an all-time high of 667,000 barrels per day (b/d). The surge represents a 9.17% increase over April’s output of 611,000 b/d, and brought total crude production for...
News

Brazil’s Foz do Amazonas now seen as ‘akin to Guyana’s Stabroek Field’ – Horizon Engage

OilNOW -
Brazil’s Foz do Amazonas Basin is being viewed by top industry players as that country’s top offshore frontier opportunity, with Horizon Engage reporting that aggressive bidding there signals strong private-sector belief in the Equatorial Margin as “akin to Guyana’s...
Opinions

Letter-to-the-Editor: If the youth are the future, then we must invest in them

OilNOW -
The skills and competence required to land a job or even to provide services in Guyana have drastically changed. While many adults are adjusting to Guyana's new employment market, young people have a unique opportunity to become not only...
News

Technip Energies: FLNG is the smart choice for Guyana-Suriname gas monetisation

OilNOW -
Floating Liquefied Natural Gas (FLNG) offers the most efficient and cost-effective path for monetising gas in the Guyana-Suriname Basin, says Lorenzo Disaro, Offshore Business Director for FLNG-LNG at Technip Energies. “Instead of injecting the gas, it makes sense to send...
News

Suriname’s 2025 elections set stage for coalition government amid oil sector decisions

OilNOW -
PARAMARIBO, SURINAME - Suriname’s general elections on May 25 have resulted in a divided parliament, setting the stage for a coalition-led government that will take office as the country prepares for a major transition in its oil and gas...
Opinions

Letter-to-the-Editor: Guyana earning over $2 trillion from oil in the next five years should benefit all Guyanese

OilNOW -
Dear Editor, When Guyana discovered oil a decade ago, I don’t think it was fully understood by Guyanese what it meant for the country. Ten years later, I am still of the belief that Guyanese do not understand nor appreciate...
News

Guyana recognized as one of only nine new superbasins – S&P Global

OilNOW -
Guyana has been identified as one of only nine new superbasins worldwide to deliver over five billion barrels of oil equivalent since 2000. The classification was presented by S&P Global Commodity Insights at the recent Suriname Energy Oil and...
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Patrick Brunings nominated to lead new Oil and Gas Ministry

PARAMARIBO, SURINAME - Suriname’s incoming coalition government has nearly finalized its Cabinet ahead of the July 16 inauguration, with...

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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