News

News

From Liza to Yellowtail: Discoveries that anchor Stabroek’s oil production

OilNOW -
Long before Guyana became a 900,000 barrel per day producer, there was only a single well drilled in deep water offshore. In May 2015, ExxonMobil announced the Liza discovery in the Stabroek Block. The Liza-1 well, often referred to as...
News

Abram Zuil, St. Rose’s High, Marian Academy top Guyana-Monaco Mousetrap Car Grand Prix competition

OilNOW -
Capturing top honors at this year’s Guyana-Monaco Mousetrap Car Grand Prix Competition were returning champions Abram Zuil Secondary and St. Rose’s High, along with Marian Academy, capturing the third spot this year. In its fourth year, the competition saw...
News

Kaieteur and Canje Blocks offer snapshot of offshore exploration beyond Stabroek Block 

Shikema Dey -
The Kaieteur and Canje Blocks are among Guyana’s offshore assets outside the prolific Stabroek Block. At the Kaieteur Block, ExxonMobil was the operator and holding 35% interest, with Ratio Petroleum Energy Limited 25%, Cataleya Energy Limited 20% and Hess Corporation...
News

Minister says youth must see ‘future in a different light’ after ExxonMobil’s US$100M commitment to STEM in Guyana 

OilNOW -
Charles Ramson Jr., Guyana’s Minister of Culture, Youth and Sport, has praised ExxonMobil’s recently announced US$100 million investment in science and technology education, calling it a catalyst for the future of Guyanese youth. He was at the time delivering remarks...
News

Suriname’s Local Content board moves to accelerate stakeholder coordination toward 2028 first oil

OilNOW -
PARAMARIBO, SURINAME – With 2028 first oil in focus, Suriname’s Local Content Board (LCB) has set its sights on strengthening coordination and tackling regulatory bottlenecks affecting project execution. Earlier this week, the board met with industry and government stakeholders, including...
News

SBM Offshore sees at least 16 FPSO prospects over next three years

OilNOW -
Dutch floater specialist, SBM Offshore, expects sustained demand for large and complex floating production vessels, identifying at least 16 floating production, storage and offloading (FPSO) vessel prospects over the next three years. The outlook was shared during the company’s 2025...
News

Four hinterland schools compete in SBM’s 4th Guyana-Monaco Mousetrap Car Grand Prix competition

OilNOW -
Sixteen Secondary Schools, including four from Guyana’s hinterland regions, gathered with a buzz of excitement today, February 26, at the Cliff Anderson Sports Hall for the fourth annual Guyana-Monaco Mousetrap Car Grand Prix hosted by SBM Offshore Guyana. The competition,...
News

SBM Offshore directional revenue hits US$5.1B in 2025 as fleet expands to 16 FPSOs

OilNOW -
SBM Offshore reported Directional revenue of US$5.1 billion for the full year 2025, with Directional earnings before taxes, interest, depreciation and amortization (EBITDA) of US$1.7 billion. This comes as the company expanded its fleet and advanced major projects in...
News

Guyana government sets April deadline for Amaila hydro project proposals 

OilNOW -
The Guyana government has set April 9, 2026, as the deadline for submissions under its revised Request for Proposals (RFP) for the long-anticipated Amaila Falls hydropower project, marking a fresh push to advance what would become the country’s largest...
News

Saipem awarded additional offshore contract by Aramco for Safaniya Trunkline

OilNOW -
Saipem, on February 23, announced it has been awarded an additional offshore Contract Release Purchase Order under its existing Long-Term Agreement with Aramco in Saudi Arabia. The award covers engineering, procurement, construction and installation works in the Safaniya oil field,...
123...1,063Page 2 of 1,063

Latest News

NewsShikema Dey -

US$100 per barrel scenario would ‘remove any remaining hesitation’ and speed up Guyana project sequencing – Rystad Energy says

Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies...

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.

Quick Access

Company Info

Social Networks