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SEOGS 2025: A new dawn for Suriname’s energy future

OilNOW -
The Suriname Energy, Oil & Gas Summit and Exhibition (SEOGS) 2025 returns this week with its largest and most comprehensive edition yet, bringing together regional and international energy leaders, policymakers and technical experts for four days of strategic dialogue...
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No oil blocks, gas deal to be issued before Guyana’s September elections

Kemol King -
Guyana’s Vice President Bharrat Jagdeo said on Thursday that no new oil block contracts or agreements for a major gas project involving U.S. firm Fulcrum LNG will be signed before the country’s General and Regional Elections scheduled for September...
Exploration

ExxonMobil, Shell lead high-impact exploration over five-year period as NOCs surge in 2024

OilNOW -
ExxonMobil and Shell were the most active high-impact oil and gas explorers between 2020 and 2024, according to energy intelligence firm Westwood Global Energy Group, even as national oil companies (NOCs) surged ahead in 2024 to dominate both drilling...
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Look beyond the barrels for the success of Guyana’s oil industry – Ali 

OilNOW -
President Irfaan Ali has urged Guyanese to measure the success of the oil industry by more than just the number of barrels produced. “We cannot squander this moment by counting barrels only,” Ali said during a business launch event...
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SBM Offshore sees major gains from Jaguar, GranMorgu FPSOs in Guyana and Suriname

OilNOW -
SBM Offshore is seeing "great benefits" from its newest Fast4Ward® floating, production storage and offloading vessels (FPSOs), Jaguar for Guyana and GranMorgu for Suriname. According to the company’s 2024 Annual Report, its standardization philosophy is driving results. “The standardization philosophy...
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GGI to launch new call this July for proposals to drive capacity building in Guyana

OilNOW -
The Greater Guyana Initiative (GGI) will open a new call for proposals in July, inviting projects aimed at advancing strategic capacity development across the country. Backed by a US$100 million (GY$20 billion) investment from ExxonMobil Guyana Limited, Hess Guyana Exploration...
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SEOGS 2025 moves to accommodate growing participation

OilNOW -
Now in its fifth year, the Suriname Energy, Oil & Gas Summit (SEOGS) has grown into one of the most significant energy events in the Caribbean and South American region.  What began as a relatively contained forum for industry and...
News

Lukanani-2 drilling underway as Exxon deepens oil search

OilNOW -
ExxonMobil has commenced drilling operations at the Lukanani-2 well site in the Stabroek Block, another step in its continued exploration campaign offshore Guyana. According to a notice from the Maritime Administration Department (MARAD), drilling commenced on June 11 and will...
News

High-impact drilling delivered 5.3 billion barrels in 2024 – Westwood

OilNOW -
High-impact exploration drilling yielded 5.3 billion barrels of oil equivalent (boe) in potentially commercial resources in 2024, according to Westwood Global Energy Group’s State of Exploration 2025 report.  The firm’s lead analyst Andrew Jackson said during a webinar on Wednesday...
News

OMS Subsea debuts operations in Guyana, bringing ROV and diving support to oil industry

OilNOW -
OMS Subsea officially launched its operations in Guyana, introducing remotely operated vehicle (ROV) and diving support services to the country’s growing oil and gas industry. This is regarded as a significant enhancement of Guyana’s subsea capabilities in the local...
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Spain-bound tanker departs Guyana with second Yellowtail cargo – OilX

The Nordic Zenith tanker has departed ExxonMobil Guyana’s ONE GUYANA floating production vessel with the second cargo of crude...

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