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Providing engineering, machining services for O&G vessels could drive major skills gains for Guyanese — Local Content Secretariat

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Engineering and machining services linked to petroleum service vessels could deliver significant skills transfer and investment opportunities for Guyanese if formally aligned with the Local Content Act. This is according to Director of the Local Content Secretariat, Michael Munroe. Earlier...
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T&T can learn from Guyana’s local content development – Ramps Logistics CEO 

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Trinidad and Tobago can strengthen its local talent base by studying how Guyana has implemented its local content framework, according to Ramps Logistics Chief Executive Officer, Shaun Rampersad. Rampersad made the comments during a recent interview with the Business Guardian,...
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How Guyana’s offshore oil projects move from start-up to decline

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ExxonMobil Guyana currently has four oil projects producing offshore. They are not the end of the story. More developments are being advanced, while exploration and appraisal is pursued in contemplation of others.  Every offshore oil project follows a broad production...
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Longtail: Guyana’s entry into gas development 

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The proposed Longtail project is set to become the first development in the Stabroek Block dedicated to gas and condensate production offshore Guyana, a shift from earlier projects that have focused primarily on oil. Unlike existing developments, Longtail is designed...
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FPSO fundamentals: Insights from SBM Offshore

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SBM Offshore, on January 21, pulled back the curtain on one of the most critical assets in offshore energy production: the floating production, storage and offloading vessel, better known as the FPSO. So, what exactly is an FPSO, and why...
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Early engineering decisions enabled local firms to join Uaru FPSO build – MODEC

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MODEC’s approach to engineering and project planning for the Uaru floating production, storage and offloading (FPSO) vessel has created space for local fabrication work to be integrated into the project without affecting delivery timelines.  This is according to MODEC’s Uaru...
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33% of Guyanese in oil and gas sector hold professional roles; 18% in technical jobs – Local Content Secretariat 

Trichell Sobers -
Approximately 33% of Guyanese employed in the country’s oil and gas sector hold professional-level positions, while about 18% work in technical or associate professional roles, according to data from the Local Content Secretariat. The figures were disclosed to OilNOW by...
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TotalEnergies-led group completed US$15M payment to Guyana in December for Block S4

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A consortium led by TotalEnergies completed payment of a US$15 million signing bonus to Guyana in December for offshore exploration rights to Block S4, according to a report published in the December 30 Official Gazette. The group, which includes QatarEnergy...
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Stena Carron posts record drilling performance offshore Guyana

OilNOW -
Stena Drilling’s drillship, Stena Carron, has achieved record-breaking operational results offshore Guyana in 2025, according to the company in a January 22 LinkedIn post.  Stena reported that, in Guyana, the vessel completed a 17-well top-hole campaign, with seven wells drilled...
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Guyanese nationals now make up more than 65% of crew on long-serving drillships

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More than 65% of the crew aboard drillships Stena Carron and Stena DrillMAX are now Guyanese nationals, reflecting years of workforce development, according to Stena Drilling, as reported in the latest edition of the Energy Magazine. The company said approximately...
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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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