News

Stabroek Block reaches 51 discoveries as Liza’s breakthrough continues to shape Guyana’s oil future

Guyana’s Stabroek Block now has 51 discoveries filed with the Ministry of Natural Resources. ExxonMobil confirmed the figure in a release on Sunday, stating, “We have announced more than 30 significant discoveries in the Stabroek Block, while filing 51...

India buying Guyana oil displaced by oversupply in Europe

India is buying up some of Guyana's crude displaced by oversupply in Europe, according to analysts on an S&P Global Commodity Insights oil markets podcast published October 30. Europe, usually the largest buyer of Guyanese crude, has become saturated with...

65 offshore wells drilling in Suriname as exploration drive expands

Suriname has recorded 65 offshore wells drilled as of November 2025, according to new data published in Staatsolie’s GeoAtlas of Suriname. The report notes that these wells “included mainly exploration wells and a few appraisal wells”, demonstrating the country’s...

Suriname puts 60% of offshore basin on offer in new Staatsolie open-door programme

Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the Suriname-Guyana Basin. The initiative was formally announced by Managing Director Annand Jagesar, who stated, “This initiative opens new opportunities for...

Exxon affirms full transparency in disclosures of Guyana oil and gas finds

ExxonMobil Guyana Limited (EMGL) on Sunday rejected suggestions that it is concealing oil discoveries made in the offshore Stabroek Block, saying it has complied with all legal reporting requirements. The statement follows a story in local publication - Kaieteur News,...

Twenty-six TVET instructors earn NEBOSH certification through Greater Guyana Initiative

The Greater Guyana Initiative (GGI) marked a major step in building national safety capacity with the graduation of 26 participants from the NEBOSH International General Certificate programme. The ceremony was held at the Guyana Marriott Hotel on November 21. According...

Guyana’s four FPSOs set a new pace for deep-water oil development

The four floating production, storage and offloading vessels operating in the Stabroek Block have become the backbone of Guyana’s offshore industry, each larger and more advanced than the last.  Together, Liza Destiny, Liza Unity, Prosperity and ONE GUYANA have pushed...

Guyana secures title as world’s largest oil producer per capita

Guyana has officially become the world’s largest oil producer per capita, a status long predicted since 2021 and now confirmed following the rise in national output to 900,000 barrels per day on November 12, 2025. The milestone was confirmed, following...

‘We need everyone on board’ – Anne Rita Wijdh calls for faster implementation of Suriname’s local content framework

PARAMARIBO, SURINAME – In an exclusive interview with OilNOW, local content specialist Anne-Rita Wijdh offered her perspective on Suriname’s rapidly developing local content framework. Wijdh, who has been closely involved in discussions around Suriname’s developing local content framework and...

ExxonMobil advances AUV survey at Haimara field ahead of potential gas push

ExxonMobil Guyana Limited is pressing ahead with Autonomous Underwater Vehicle (AUV) survey operations at the Haimara Field in the south-eastern Stabroek Block.  The Maritime Administration Department said the exercise is scheduled to conclude on December 31, 2025, and will utilise...

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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,...