News

ExxonMobil: Guyana’s seventh project sets ‘new standard’ in just a decade

ExxonMobil is framing Guyana’s oil success as a benchmark for speed and scale, with Dan Ammann, President of its Upstream Company, praising the country’s advancement of its seventh offshore project just ten years after the first discovery. “We continue to...

Oil and Gas Minister Brunings: Local content key to Suriname’s oil and gas future

PARAMARIBO, SURINAME – Stakeholders from across Suriname’s oil and gas sector gathered on September 24 at the Assuria Event Center for a masterclass, 'Navigating the Local Content Regulations for Oil and Gas in Suriname'. The event, organized by Shyamnarain Associates...

ExxonMobil Guyana charts path from zero to 1.5 million barrels per day with Hammerhead project

ExxonMobil Guyana has confirmed that its operations in the Stabroek block will reach a combined production capacity of 1.5 million barrels of oil per day by 2029, marking a ten-year leap from first oil to one of the fastest...

Letter-to-the-Editor: Barrels alone don’t build a nation

Dear Editor, Guyana’s oil boom is sparking conversation worldwide, but the real measure of success isn’t how many barrels we pump; it’s how our people benefit. Every job created, every local business engaged, and every young professional trained is a...

Guyana ‘working with allies near and far’ to ensure Venezuela understands military action would not be tolerated – Greenidge

Guyana’s Agent in the Border Case with Venezuela before the International Court of Justice (ICJ), Carl Greenidge, said that while he is not a strategist, it would be unrealistic to dismiss the possibility of an invasion. However, he said the...

ExxonMobil continues drilling at Yellowtail as ONE GUYANA FPSO ramps up production

ExxonMobil Guyana Limited (EMGL) continued developmental drilling on September 20 at the Yellowtail Project’s YT_1P10 drill center within the Stabroek Block.  The Noble Don Taylor rig will carry out the operation until October 31, 2025, according to a recent notice...

Majors pivot back to frontier basins with bold deepwater plays, says Rystad Energy

Rystad Energy says some of the world’s largest oil companies are once again turning to frontier basins in search of major discoveries, with recent acquisitions in less-explored, riskier areas. In a LinkedIn post on September 22, Nishigandha, a senior Exploration...

Guyanese TVET instructors lead safety training under LearnCorp Program

LearnCorp International (LCI) has rolled out a revamped safety training program across Guyana’s Technical and Vocational Education and Training (TVET) institutions, now led by Guyanese instructors. Paul Cribby, Guyana’s Program Manager at LCI, told OilNOW in an interview on September...

Greenidge: ‘Absurd’ for Venezuela to target Guyana over U.S. anti-drug operations

Carl Greenidge, Guyana's Agent in the 1899 Arbitral Award case before the International Court of Justice, says he would be “very surprised if Venezuela could feel that it has any justification for attacking” Guyana in response to U.S. anti-drug...

Maersk, GTI to deliver world-class training for Guyana workforce

Maersk Training is partnering with Global Technology Incorporated (GTI), an academic center in Guyana, to strengthen local training and workforce development, according to a company announcement on LinkedIn. In the September 17 post, Bruno Aguiar Thomaz, Managing Director of Maersk...

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TotalEnergies launches EnergyJobs.sr to connect Surinamese talent with growing oil and gas opportunities

PARAMARIBO, SURINAME – TotalEnergies Suriname officially launched the EnergyJobs.sr platform on Thursday at the Assuria Event Center in Paramaribo,...