Featured

Featured posts

News

Baker Hughes wins major Petrobras contract for 50 subsea tree systems

OilNOW -
Baker Hughes announced Monday that it has secured a significant award from Petrobras to supply up to 50 subsea tree systems and associated services for offshore oil and gas production in Brazil. The award was won through an open...
News

Touchstone pushes ahead with Cascadura completions, divests Fyzabad asset

OilNOW -
Touchstone Exploration Inc. has entered the completion phase at its Cascadura development in Trinidad, advancing a strategic portfolio shift. In a September 29 update, the company stated that drilling at the Cascadura-4 development well, now designated Cascadura-4ST2X, was completed earlier...
Opinions

Letter-to-the-Editor: Homegrown training proves Guyana has the capacity to lead the energy future

OilNOW -
Dear Editor,  I felt immense pride reading that Guyanese engineers and technicians in the oil and gas sector are now receiving full training right here at home. This two-phase programme equips participants with the skills to operate and maintain FPSOs...
News

Caribbean Tech Innovation breaks ground on the global stage

OilNOW -
Ramps Logistics says its homegrown platform, MAWI, has been shortlisted for the 2025 Breakbulk Awards — the first time a technology created in the Caribbean has reached this level of recognition. According to the company's September 26 release, MAWI has...
News

Guyana to issue four offshore blocks from 2023 auction in October – Bharrat

OilNOW -
Guyana will issue four production sharing agreements (PSAs) in October under its first offshore licensing round, Natural Resources Minister Vickram Bharrat said on Sunday. Speaking on the Starting Point podcast, Bharrat said, “About four of those PSAs will be signed...
News

Exxon’s Hammerhead licence mandates third-party audit after three years

OilNOW -
The Hammerhead Petroleum Production Licence requires the operator to hire an independent third-party consultant three years after first oil to conduct an external audit of resources and reserves.  According to the document, the Licence Holder must procure “an unaffiliated, independent...
News

Two oil nations, one engineering crisis: Guyana short, Trinidad shrinking

OilNOW -
The challenge of producing and retaining engineers is playing out in two different ways in Trinidad and Tobago and Guyana; one is a long-standing oil producer, and the other is a newcomer racing to meet the demands of its...
Energy Insights

Unlimited Liability and Specified Assurance: Understanding Environmental Responsibility in Guyana’s Oil and Gas Sector

Chevy Devonish -
Today, we continue our series on the Oil Pollution Prevention, Preparedness, Response, and Responsibility Act of 2025 (OPPPRR) by seeking to clarify the nature of, and differences between, two critical concepts: environmental liability and financial assurance.  These concepts continue to...
News

Hammerhead Licence mandates independent study on gas use

OilNOW -
The Hammerhead Petroleum Production Licence requires that, upon the Minister’s request, an independent third-party consultant be hired to conduct a Gas Utilisation Study after five years of operations.  The Licence states: “The Licence Holder shall procure an unaffiliated, independent third-party...
Guyana's Oil Ledger

Yellowtail boost lifts Guyana’s oil output to 685,000 b/d in August

Kemol King -
Oil production offshore Guyana averaged 685,000 barrels per day (b/d) in August, up from 664,000 b/d in July, driven mainly by the start-up of the Yellowtail project. The new development, which began production on August 8, averaged 75,000 b/d...
1...456...1,015Page 5 of 1,015

Latest News

NewsShikema Dey -

Guyana hits record three-quarter million barrels of oil per day

Total offshore production from Guyana’s Stabroek Block has hit over 700,000 barrels of oil per day, President of ExxonMobil...

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.

Quick Access

Company Info

Social Networks