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SBM Offshore turnkey revenue doubles on progress of Jaguar and GranMorgu FPSOs 

Shikema Dey -
SBM Offshore's Turnkey revenue doubled in the first half of 2025 to US$1.32 billion, up from US$662 million in the same period last year. According to its half-year report, this was driven by construction progress on the Jaguar and...
News

Guyana hosts Noble’s largest floater presence – Fleet Status Report 

OilNOW -
Guyana has emerged as the most active location for Noble Corporation’s floater rigs, with four high-specification drillships operating exclusively in the ExxonMobil-operated Stabroek Block.  According to Noble’s latest fleet status report, the Sam Croft, Bob Douglas, Tom Madden, and Don...
News

Noble Valiant secured as second drillship for TotalEnergies’ 2026 Suriname campaign 

OilNOW -
The Noble Valiant has been added as the second drillship for TotalEnergies' offshore Suriname campaign, the company announced in its latest fleet status report. The vessel will support development drilling in Block 58, where the French major and APA...
Opinions

Letter-to-the-Editor: Turning oil wealth into lasting progress for all Guyanese

OilNOW -
Dear Editor, September 1 is fast approaching, and as expected, political parties are sharing their visions for Guyana’s future. With oil production now a reality, these visions have grown even bigger, and the possibilities for transforming our nation have never...
News

Noble targets more Guyanese for offshore careers with 2026 Cadet Scholarship launch

OilNOW -
Noble Corporation has officially launched the 2026 cycle of its Cadet Scholarship Program, expanding its efforts to train more young Guyanese for maritime careers. “This is actually the third cohort that we’re launching,” Renatha Khan, Noble’s Local Content Manager, said....
News

Interest earned by Guyana oil fund in just three months could build an entire state-of-the-art hospital

OilNOW -
Guyana earned US$34.8 million (GY$7.3 billion) in interest from its oil fund in the second quarter of 2025, more than enough to pay for the construction of a new hospital, based on the Bank of Guyana’s latest report on...
News

Guyana-Suriname Basin offers ‘advantaged barrels’ for the future, says S&P Global Executive

OilNOW -
The Guyana-Suriname Basin stands out as a rare asset in today’s competitive energy landscape, offering what the industry refers to as “advantaged barrels”, according to Ricardo Bedregal, Executive Director for Upstream LATAM at S&P Global Commodity Insights. Speaking on the...
News

Stena Drilling hits milestone with 50 managed pressure wells and 10 rig years of operation

OilNOW -
Stena Drilling announced it has drilled 50 Managed Pressure Drilling (MPD) wells and logged just under 4,000 MPD well days. In a recent post on LinkedIn, Stena said the figure represents over 10 rig years of MPD operations using Surface...
News

bp makes largest oil & gas discovery in 25 years

OilNOW -
bp announced a major oil and gas discovery at the Bumerangue prospect in deepwater offshore Brazil, its tenth discovery of 2025 and the company’s largest in 25 years. The company stated that the 1-BP-13-SPS exploration well was drilled in the...
News

Guyana gasoline prices now lowest in the region

OilNOW -
Guyana recorded the lowest gasoline price in the Caribbean region in July, well below the global average, according to data shared by the Energy Chamber of Trinidad and Tobago last Thursday. The Chamber’s analysis, which drew on figures from globalpetrolprices.com,...
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Stories Beyond the BarrelShikema Dey -

David Phillips: Building skills and people at TechnipFMC

David Phillips’ path to TechnipFMC started far from the oilfields — in mining. “My background is largely in mining,”...

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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