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Exploration

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

Shikema Dey -
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...
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Exxon affirms full transparency in disclosures of Guyana oil and gas finds

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

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

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

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

Işıl Güneş -
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...
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ExxonMobil advances AUV survey at Haimara field ahead of potential gas push

OilNOW -
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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Guyana’s 2022 discovery surge remains unmatched three years later

OilNOW -
ExxonMobil and its Stabroek Block partners, Hess and CNOOC, closed 2022 with a record-breaking series of oil finds. It was described as “the best exploration year in Guyana so far,” with nine discoveries in Stabroek.  The year opened in January...
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Telesur and Orange expand subsea capacity to meet Suriname’s rising oil and gas demand

Işıl Güneş -
PARAMARIBO, SURINAME – Telecommunications provider Telesur and Orange Global Networks have entered a new ten-year agreement to expand Suriname’s international connectivity and prepare the country for a major growth in data demand as offshore oil development advances.  The memorandum of...
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China’s first taste of Guyana’s Golden Arrowhead crude heads to Huizhou

OilNOW -
A very large crude carrier (VLCC) is delivering China’s first cargo of Guyana’s new Golden Arrowhead crude grade, marking a rare long-haul shipment from Guyana as output from the ExxonMobil-led Stabroek Block continues to rise. According to oil analytics firm...
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NewsShikema Dey -

Kuwait, Qatar, other long-established producers now trail Guyana in per capita oil output

Countries with some of the world’s most mature petroleum industries now rank behind Guyana in per capita oil production,...

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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