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Exxon’s success in Guyana ‘set a standard’ for new oil markets – TechnipFMC Chief

OilNOW -
Douglas Pferdehirt, Chief Executive Officer of TechnipFMC believes that emerging markets like Guyana, Namibia, Mozambique and Suriname, are bright spots for the offshore industry moving forward. Speaking at the Piper Sandler Energy Conference this week, the CEO said these...
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Petrobras discovers hydrocarbons in Santos Basin’s Aram Block offshore Brazil 

OilNOW -
Petrobras has identified hydrocarbons in the pre-salt Santos Basin at an exploratory well in the Aram block. The discovery was made at well 4-BRSA-1395-SPS, located 245 km off the coast of Santos, São Paulo, at a water depth of...
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SBM Offshore seeks vendor for genetec access control maintenance in Guyana

OilNOW -
Guyana Deep Water Operations Inc. (GDO), a subsidiary of SBM Offshore, has issued a request for information (RFI) seeking vendors to support and maintain its Genetec Access Control Systems at its Georgetown offices. The selected vendor will be responsible for...
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Meet Kathy Smith: The first woman to lead GCCI and her trailblazing journey

Shikema Dey -
Kathy Smith, the first woman elected President of the Georgetown Chamber of Commerce and Industry (GCCI), embodies resilience, determination, and a commitment to uplifting others. Her election reflects not only her inspiring journey but also the Chamber's dedication to...
News

Cobalt Nova tanker takes double-lift from Guyana’s Liza field to Panama 

Kemol King -
A very large crude carrier (VLCC), the Cobalt Nova, executed a double lift offshore Guyana, transporting two million barrels of oil to Panama, marking another instance of back-to-back cargo loading from the ExxonMobil-operated Stabroek Block this year. The Cobalt Nova...
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Halliburton Guyana seeks vendors for equipment certification

OilNOW -
Halliburton Guyana Inc. has issued an Expression of Interest (EOI) for vendors to provide certification and recertification services for Discharge Manifold Equipment (DME), a critical component in oil and gas operations.  The company requires service providers to meet the Safe...
Guyana's Oil Ledger

Guyana got US$225 million in oil sales revenue in February 

Kemol King -
Guyana’s Natural Resource Fund (NRF) received deposits totaling US$225.75 million (G$47.07 billion) in February 2025. This amount represents payments for sale of Guyana’s entitlement of crude oil from production offshore by ExxonMobil. In February, when assessed against Brent, daily price...
News

Caribbean energy players march to polls in a year of decisive elections

OilNOW -
Several Caribbean nations with significant energy interests are heading to the polls in 2025, setting the stage for elections that could reshape the region’s energy policies.  From Guyana and Trinidad and Tobago to Suriname, voters will decide on leaders who...
News

ExxonMobil advances seismic imaging for greater oil recovery 

OilNOW -
ExxonMobil is introducing cutting-edge technology to enhance oil production. The company has announced the deployment of its latest high-performance computing (HPC) system, Discovery 6. This will accelerate seismic imaging and improve resource recovery at all its operations, including the...
Fuel for Thought

The PAA Series: Management Themes (Part 1)

Joanna Simmons -
To briefly recap our first publication the Petroleum Activities Act Series – Introduction, the term upstream refers to all activities carried out in the exploration for, and production of petroleum. The terms exploration, development, and production found in the...
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Spain-bound tanker departs Guyana with second Yellowtail cargo – OilX

The Nordic Zenith tanker has departed ExxonMobil Guyana’s ONE GUYANA floating production vessel with the second cargo of crude...

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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