News

Guyana Oil & Gas: What to look forward to in 2026

A series of major developments is expected to shape Guyana’s oil and gas sector in 2026, as production rises and long-planned projects and decisions come due. Potential ICJ ruling on the Guyana/Venezuela border case Guyana could receive a long-awaited ruling from...

TT Energy Chamber backs government plan to speed up energy project approvals

The Energy Chamber of Trinidad & Tobago has welcomed the government’s move to accelerate approvals for energy projects, stating that faster decision-making is crucial to boosting gas supply and exports. In a statement dated December 30, the Chamber said it...

OilNOW’s top stories of 2025 – Guyana 

From record-setting production in Guyana to shifting energy fortunes in Trinidad and Tobago and a sharp turn in U.S.–Venezuela relations, 2025 was a year of heightened regional focus for the oil and gas sector.  OilNOW’s top stories of the year,...

Ali signals last quarter 2026 as expected completion date for Gas-to-Energy project

Guyana’s President Irfaan Ali signaled the last quarter of 2026 as the start date for the Gas-to-Energy project. “We are hoping by the last quarter of 2026, the Gas-to-Energy project will be in a position to deliver,” the President said...

OilNOW’s top stories of 2025 Suriname Edition

Here are the stories that you, the readers, were most interested in last year about Suriname:  Suriname’s GranMorgu offshore oil project is 23% complete TotalEnergies and Staatsolie reported that GranMorgu reached 23% completion, covering engineering and procurement progress, and reaffirmed that...

First Ultra-Deepwater clearance positions Trinidad and Tobago for next offshore frontier

Trinidad and Tobago’s first environmental clearance for ultra-deepwater exploration is being framed by the Ministry of Planning, Economic Affairs and Development as a strategic step toward opening a new offshore frontier. The Environmental Management Authority (EMA) has issued a Certificate...

ExxonMobil Guyana seeks DP2 chemical carrier vessels for Georgetown operations

ExxonMobil Guyana Limited plans to establish a services agreement for the provision of one or more DP2 chemical carrier vessels or platform supply vessels to support operations in the Georgetown area. The company issued a Request for Information to identify...

Guyana’s oil revenues surpassed $8 billion in fourth quarter

Guyana’s total revenues from oil production have climbed to over US$8 billion since output began in December 2019, bolstered by rising production from offshore projects operated by ExxonMobil. Cumulative revenues from oil sales and royalties exceeded US$8.25 billion, according to...

How ExxonMobil’s Stabroek Block oil contract works

What is the Stabroek Block Production Sharing Agreement? The Stabroek Block Production Sharing Agreement (PSA) is the contract that governs all current offshore oil production in Guyana. It sets out the terms under which oil is explored, produced, and shared...

Guyana pursues seismic survey of unawarded deepwater blocks from first offshore auction

Guyana is moving to contract a large-scale 3D marine seismic survey covering deepwater offshore blocks that were left unawarded or unresolved in the country’s first oil and gas auction, signaling preparations to re-offer the acreage. The Environmental Protection Agency has...

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...