News

Haimara AUV survey pushes ahead amid Guyana’s ambitious gas plans

ExxonMobil Guyana Limited (EMGL) will continue autonomous underwater vehicle (AUV) survey operations at the Haimara Field in the Stabroek Block offshore, according to a Notice to Mariners issued by the Maritime Administration Department (MARAD). The notice said the activity began...

Shearwater secures 3D seismic contract for ExxonMobil’s TTUD-1 block offshore Trinidad and Tobago

Shearwater Geoservices has been awarded a contract to carry out a large 3D seismic acquisition program for ExxonMobil Trinidad and Tobago Deepwater Limited, as the U.S. major advances exploration plans offshore Trinidad and Tobago. The deepwater survey will cover about...

Operational Drilling at Yellowtail Project’s YT_1i10 Drill Center to conclude in February — ExxonMobil

ExxonMobil Guyana Limited (EMGL) is scheduled to conclude drilling operations at a Yellowtail development well offshore Guyana on February 28, 2026, according to a Notice to Mariners issued by the Maritime Administration Department (MARAD). The notice stated that developmental drilling...

Letter-to-the-Editor: Liza fields, production rates and responsible reporting

Dear Editor, Commentary surrounding Guyana’s oil and gas sector has continued into the new year. I refer to the article published in Kaieteur News on January 13 titled “Liza One & Two on track to dry up in three years”. A...

JHI taps Navitas to advance Falklands license, progressing work beyond Guyana

JHI Associates is advancing work on its Falkland Islands asset by partnering with Navitas Petroleum, marking a strategic expansion beyond Guyana, where JHI has a stake in the Canje block.  In a shareholder update dated January 12, JHI said it...

Eco Atlantic, Navitas in talks with Guyana gov’t to extend Orinduik appraisal rights

Eco (Atlantic) Oil & Gas Ltd. is in ongoing discussions with the Government of Guyana to continue appraisal and exploration activity on the Orinduik Block, after the block’s licence reached the end of its second renewal term on January...

Panama, Italy lead list of direct destinations for Guyanese crude lifted in December

Panama and Italy were the leading direct destinations for Guyana’s crude oil exports in December 2025, according to shipping data reviewed by OilNOW,  as stable offshore production coincided with declining crude prices. An assessment of tanker movements shows that 27...

Who’s operating where: A snapshot of Guyana’s offshore oil blocks

Guyana’s offshore basin continues to draw global attention as multiple oil and gas companies advance exploration and appraisal across deepwater and shallow-water acreage. The activity spans proven producing blocks and frontier areas, positioning the country as one of the...

Dragon gas project proceeds with no changes as OFAC license remains in force – TT Energy Minister 

Trinidad and Tobago’s Energy Minister Roodal Moonilal said the Dragon gas project continues under existing arrangements, with no official changes communicated to the Government. Moonilal addressed the matter on January 8 during a post-Cabinet press briefing, as questions centered on...

Rystad: Venezuela could return to three million b/d only by 2040 with massive investment

Venezuela could technically return to oil production of three million barrels per day (mbpd), but only around 2040 and only with sustained and large-scale investment, according to new analysis by Rystad Energy. Recent geopolitical developments and growing speculation about potential...

Latest News

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...