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Potential challenges in any Guyana-India oil partnership – S&P Global 

OilNOW -
The recent talks between Guyana and India signal potential growth in their energy relationship, but significant challenges remain if a long-term oil deal is struck. Analysts told S&P Global that while India seeks reliable crude supplies to bolster energy...
News

Exxon seeks market data for vessel providers in Guyana

OilNOW -
ExxonMobil Guyana Limited (EMGL) has launched a Request for Information (RFI) to identify qualified providers of Platform Support Vessels (PSVs), Fast Support Vessels (FSVs), and Tugs for operations in Guyana. This initiative aims to establish enabling agreements for short-term...
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Ministry of Labour conducts OSH inspection on Liza Unity FPSO

OilNOW -
Guyana’s Ministry of Labour's Occupational Safety and Health (OSH) Department conducted a detailed inspection aboard the Liza Unity floating, production storage and offloading vessel last week.  The exercise assessed compliance with Guyana's OSH Act 99:06, International Safety Standards, and National...
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Successful Suriname seabed survey by TDI-Brooks yields “potential” hydrocarbon discoveries

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TDI-Brooks has concluded a comprehensive multi-client multibeam and seabed piston coring program in Suriname for GeoPartners, acting on behalf of Staatsolie Maatschappij Suriname. The project involved seep data acquisition, processing, interpretation, and data management over a survey area of...
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Guyana Energy Conference launches essay competition for high schoolers

OilNOW -
The Guyana Energy Conference and Supply Chain Expo (GECSCE) has launched its first-ever essay competition, open to Guyanese students across the country. Through this competition, secondary school students get to share ideas on sustainability, development, and the challenges and...
News

Guyana may enter long-term oil supply deals if there is market oversupply – VP

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Guyana's Vice President, Bharrat Jagdeo, said the government may enter a long-term oil supply deal if there is oversupply in the market.  The South American government recently reiterated its no interest in an offer from India to buy its crude...
Stories Beyond the Barrel

From first oil to expert aspirations: The journey of Yashawantie Pancham

OilNOW -
The Prosperity FPSO has completed one year of oil production operations at Guyana's Stabroek Block. To mark the milestone, OilNOW highlights the contribution of Guyanese, Yashawantie Jennifer Pancham, who had the opportunity to test the first oil from the...
News

SBM Offshore completes US$1.5 billion financing for its latest Guyana-bound FPSO

OilNOW -
Dutch shipbuilder SBM Offshore said it completed the US$1.5 billion project financing of the Jaguar floating production, storage and offloading (FPSO) vessel. ExxonMobil hired SBM Offshore to deliver the Jaguar for its Whiptail project for the Stabroek Block, offshore...
News

Guyana, India to explore cooperation in hydrocarbons sector

OilNOW -
Guyana and India signed memoranda of understanding (MoU) for cooperation in multiple sectors, including hydrocarbons. The signings were executed during a State Visit by India's Prime Minister Narendra Modi to Guyana, on November 20.  Guyanese Minister in the Office of...
News

Exxon pulls out of Suriname’s Block 52

OilNOW -
ExxonMobil has pulled out of Suriname’s Block 52, where three hydrocarbon discoveries have already been made. State oil company Staatsolie said the oil major’s local affiliate, ExxonMobil Exploration & Production Suriname B.V., formally indicated its withdrawal on November 14.  “The withdrawal...
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SEOGS 2025 moves to accommodate growing participation

Now in its fifth year, the Suriname Energy, Oil & Gas Summit (SEOGS) has grown into one of the...

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