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Budget 2026: What Guyana’s oil and gas sector will reveal, and why it matters

Trichell Sobers -
On January 26, the Government of Guyana will present its 2026 Budget at a time when the country’s oil production has reached record levels across several offshore projects, and citizens watch to see how these oil revenues will improve...
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Exxon to continue developmental drilling operations at Liza well site

OilNOW -
ExxonMobil Guyana Limited (EMGL) will continue developmental drilling operations at the Liz_3P13 Drill Center, part of the Liza Phase 2 Project in the Stabroek Block, according to a Notice to Mariners issued by the Maritime Administration Department (MARAD) this...
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New Local Capacity Development Register to transform training opportunities, employment for Guyanese in oil and gas sector 

OilNOW -
Guyana’s oil and gas sector is set to benefit from a new Local Capacity Development Register, a planned database designed to align training, skills development, and employment opportunities for Guyanese as industry activity continues to expand. The initiative was outlined...
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GranMorgu project exceeds 750 million barrels, TotalEnergies executive says

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TotalEnergies’ GranMorgu offshore development in Suriname holds more than 750 million barrels of oil, the company’s Suriname General Manager, Arthur Nunes da Silva, confirmed this week. He was at the time speaking on a podcast hosted by Brazilian AI company...
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Revived Venezuela oil sector could help restart T&T Pointe-a-Pierre refinery — Energy Chamber

OilNOW -
A possible restart of Trinidad and Tobago’s Pointe-a-Pierre refinery is being linked to renewed interest in Venezuelan crude supplies, according to the Energy Chamber of Trinidad and Tobago. In a recent statement on its website, the Chamber noted that while...
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Exxon’s return and easing Venezuela tensions, fueling interest in T&T Energy Conference 2026 — Dax Driver

Trichell Sobers -
Renewed optimism in Trinidad and Tobago’s energy sector, driven by recent upstream activity, ExxonMobil’s return to the country, and shifting regional dynamics involving Venezuela, is boosting interest in the Trinidad and Tobago Energy Conference and Tradeshow 2026. This is according...
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Stena Carron drills 86 wells, more than 241,000 meters offshore Guyana over decade

OilNOW -
The drillship Stena Carron has completed 86 well operations offshore Guyana over nearly a decade, drilling a total of 241,358 meters, according to information from Stena Drilling published in the latest edition of Energy Magazine. The vessel has operated in...
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Trinidad gas output at 2.6 Bcf/d, reinvestment needed to close 40% supply gap – Energy Chamber

OilNOW -
Trinidad and Tobago’s natural gas production is around 2.6 billion cubic feet per day (Bcf/d), leaving a supply shortfall of about 40% for downstream demand, according to the Head of the Trinidad and Tobago Energy Chamber. In an exclusive interview...
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DOF wins Hammerhead FPSO mooring pre-lay contract offshore Guyana

OilNOW -
DOF Group ASA has secured a large turn-key contract from MODEC Guyana Inc. to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading (FPSO) project offshore Guyana. The company said earlier today (January 19) that its...
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Reduced geopolitical risk may ease exploration near Guyana–Venezuela border in Stabroek Block

Shikema Dey -
Exploration activity in Guyana’s Stabroek Block, particularly in areas closer to the maritime boundary with Venezuela, now faces a different geopolitical context following the removal of Venezuelan President Nicolás Maduro. The shift comes against the backdrop of Guyana’s long-standing border...
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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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