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GranMorgu subsea scope more than double Yellowtail – Subsea7 Country Manager says

Shikema Dey -
The subsea scope for TotalEnergies’ GranMorgu development offshore Suriname is more than twice the size of ExxonMobil’s Yellowtail project in Guyana, according to the Guyana and Suriname Country Manager of Subsea7, Michael Gow. The comparison was made during a recent...
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Brazil and Guyana drive nearly half of global FPSO contract awards over the past 5 years – Rystad Energy 

OilNOW -
Brazil and Guyana will continue to anchor global growth in floating production, storage and offloading (FPSO) vessel deployments, according to a January whitepaper by Norway-based Rystad Energy. “Petrobras and ExxonMobil will remain the region’s key players, leading the way in...
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3D Seismic Survey data to support creation of Guyana’s first Petroleum Data Repository

OilNOW -
Data collected from new 3D marine seismic surveys across deepwater offshore blocks left unawarded or unresolved in Guyana’s first oil and gas auction will soon play a key role in establishing the country’s first Petroleum Data Repository. The Guyana government...
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Operational efficiency and emissions control in deepwater production: What you should know

Trichell Sobers -
Guyana’s offshore oil production depends on floating production, storage and offloading (FPSO) vessels. These vessels are designed to handle large volumes of oil and associated gas while operating efficiently and keeping emissions as low as possible. Production in the Stabroek...
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Guyana to remain global benchmark for safe, sustainable, responsible energy development – EPA 

OilNOW -
Guyana is firmly positioned to maintain its standing as a global model for responsible, safe, and sustainable energy development. This is according to Head of the Environmental Protection Agency’s (EPA) Oil and Gas Department, Sheirdath Ramsammy. Speaking on the agency’s...
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ONE GUYANA FPSO spurs trade: agricultural machinery up US$124.2M and building materials US$59.2M

OilNOW -
The start-up of the ONE GUYANA floating production, storage and offloading (FPSO) vessel in 2025, played a decisive role in driving trade growth, with sharp increases in imports of agricultural machinery and construction materials, according to Finance Minister Dr....
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Halliburton seeks suppliers for new Baroid laboratory in Guyana

OilNOW -
Halliburton Guyana Inc. has issued an Expression of Interest (EOI) for the procurement, construction, and commissioning of a new Baroid laboratory, as the company continues to expand its onshore footprint in the country. The EOI, published recently, invites vendors to...
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Guyana’s clean energy push gets $10.7B allocation in 2026 budget

OilNOW -
Guyana has allocated GY$10.7 billion in its 2026 budget to advance its flagship Gas-to-Energy project. This, along with efforts to further the country's gas-based power development and to resuscitate the Amaila Falls Hydropower Project, is part of the country's...
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Guyanese businesses cash in millions from offshore catering, construction and engineering through Local Content – Finance Minister 

OilNOW -
Guyana’s Local Content Act (LCA) continues to create opportunities for domestic businesses, with millions earned by Guyanese firms in offshore catering, construction, and engineering in 2025. This is according to Finance Minister, Dr. Ashni Singh.  To date, over 1,200 Guyanese...
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Gov’t reaffirms commitment to turning oil wealth into long-term gains for Guyanese

Trichell Sobers -
The Government of Guyana says it remains firmly committed to managing the country’s oil and gas wealth in a way that secures robust economic benefits for future generations. Presenting Budget 2026 to the National Assembly on January 26, Senior Minister...
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Middle East tensions could lift Guyana’s oil revenues, but capacity risks remain – Orinoco Research

Rising geopolitical instability in the Middle East could increase oil revenues for Guyana while also exposing capacity constraints across...

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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