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Americas oil outlook revised down, but Guyana’s offshore boom remains a bright spot 

OilNOW -
Production across the Americas is forecast to reach 63 million barrels of oil equivalent per day (mmboe/d) by 2031, a 7% increase from 2024, according to Westwood Global Energy Group’s June Wells & Production Outlook – Americas.  However, the consultancy...
News

Noble seeks suppliers for offshore catering and food supply in Guyana

OilNOW -
Noble Corporation has issued two requests for information (RFIs) inviting qualified vendors to provide offshore catering and food supply services for its drilling operations in Guyana. According to Noble, the RFIs aim to identify suppliers with the capacity, experience, and...
Stories Beyond the Barrel

From Moruca to the oilfields: Keith Da Silva’s journey into Guyana’s energy future 

Shikema Dey -
Keith Da Silva is proud of where he is from. “I am from Moruca, Region One,” he said from his station at the Halliburton Guyana base, where he is completing his second year of training as a Technical Professional.  His...
News

ExxonMobil Guyana seeks suppliers for multi-purpose support vessels

OilNOW -
ExxonMobil Guyana Limited (EMGL) has issued a Request for Information (RFI) to identify suppliers capable of providing and operating Multi-Purpose Support Vessels (MPSVs) for offshore operations.  The company said the enabling agreement would be non-committal and is expected to run...
News

Saipem completes Yellowtail offshore scope for ExxonMobil Guyana

OilNOW -
Saipem has announced the completion of its contracted scope of work for ExxonMobil Guyana’s Yellowtail field in the Stabroek Block, located in water depths of about 1,800 metres. The contract, awarded in 2022, covered the Engineering, Procurement, Construction, and Installation...
Stories Beyond the Barrel

‘We have more opportunities now than we ever had’ – Guyanese Engineer on commissioning ONE GUYANA FPSO

Shikema Dey -
Kenny Bissoon’s career has taken him from petrochemical plants in Trinidad to shipyards in Singapore and China, but bringing the ONE GUYANA floating production, storage and offloading (FPSO) vessel online in his home country stands out as a defining...
Guyana's Oil Ledger

Exxon-led group pays Guyana over US$77 million in royalties for Q2 crude

Kemol King -
Guyana collected US$77.9 million (GY$16.2 billion) in royalties from ExxonMobil, Hess (acquired by Chevron) and CNOOC, for crude produced and sold offshore during the second quarter of 2025, according to the latest Natural Resource Fund (NRF) report.  This brought royalty...
News

TT will lead ‘next chapter’ in energy age — PM Persad-Bissessar

OilNOW -
Prime Minister Kamla Persad-Bissessar has pledged that Trinidad and Tobago will take a proactive role in shaping the future of its energy sector, stating, “Trinidad and Tobago will not wait for the end of any energy age. We will...
Fuel for Thought

The PAA Series: Management Themes (Part 7)

Joanna Simmons -
Management Themes (Part 6) focused on the grant of a Petroleum Production Licence (PPL) under the Petroleum Activities Act 2023 (PAA). We saw that section 33 provides that the Minister may grant the PPL on such conditions as the...
Industry Insight

A Keystone Review: Beyond the Ballot Box, Guyana’s next era

OilNOW -
By Keystone Consulting Group As Guyana approaches its crucial 2025 General and Regional Elections, the natural and critical question of ‘who will govern next’ rises to the forefront of our thoughts. It is the subject of much analysis and debate,...
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Latest News

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Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali,...

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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