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ExxonMobil expands offshore surveys to advance next phase of Guyana’s oil developments

OilNOW -
ExxonMobil Guyana Limited (EMGL) has expanded its offshore data acquisition work, with new geotechnical, underwater, and seismic surveys underway across the Stabroek Block. According to a notice from the Maritime Administration Department, geotechnical surveying operations commenced on November 15 and...
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Guyana’s October crude oil exports went to 14 countries

Kemol King -
Guyana exported a record 28 crude oil cargoes in October, its highest monthly total to date, as offshore production continued to climb with ExxonMobil’s new Yellowtail project. Data compiled from the Maritime Administration Department (MARAD) and ship-tracking platforms MarineTraffic,...
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Ramsaroop urges businesses to ‘follow the money’ and align with Guyana’s national development agenda

OilNOW -
Guyana’s Chief Investment Officer, Dr. Peter Ramsaroop, urged local entrepreneurs to align their ventures with the nation's economic priorities, emphasizing strategy, passion, and readiness for growth.  He was speaking at the Georgetown Chamber of Commerce and Industry’s (GCCI) Business Development...
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Longtail project to mark beginning of Guyana’s new gas chapter – ExxonMobil’s Routledge

OilNOW -
ExxonMobil Guyana President Alistair Routledge says the upcoming Longtail development will open a new chapter in Guyana’s energy journey, marking the country’s entry into large-scale gas development. He was speaking at the Berbice Development Summit, where he outlined how...
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Guyana’s Local Content Secretariat to launch digital portal and AI checks to speed up certification 

OilNOW -
The Local Content Secretariat is moving to a digital system to cut certificate wait times and widen access in Guyana. Director Michael Munroe announced the plan on day two of a Business Development Forum hosted by the Georgetown Chamber...
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Tourism minister calls for cultural shift, stronger service standards to power Guyana’s next economic phase

OilNOW -
Tourism, Industry, and Commerce Minister Susan Rodrigues has called for a national cultural transformation to align with Guyana’s rapid economic growth, emphasizing that discipline, professionalism and improved service delivery are essential for sustaining progress.  Speaking on the second day of...
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Secretariat eyes 20 new areas for Guyana’s Local Content Act – Director 

Shikema Dey -
The Local Content Secretariat has flagged more than 20 additional areas that could be added to the first schedule of Guyana’s Local Content Act. Director Michael Munroe made the disclosure on day two of the Georgetown Chamber of Commerce...
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Suriname’s new government shifts Santokhi’s ‘Royalties for Everyone’ to more sustainable investment  

Işıl Güneş -
PARAMARIBO, SURINAME -  In May 2025, then-President Chandrikapersad Santokhi unveiled ‘Royalties for Everyone’,  an initiative that promised to share Suriname’s future oil revenues directly with its citizens. Under the plan, every Surinamese citizen would receive a share of royalties...
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Chinese oil and gas giant CNOOC eyes greater role in Trinidad and Tobago’s energy sector

OilNOW -
Executives from China National Offshore Oil Corporation (CNOOC) this week met with Trinidad and Tobago’s Ministry of Energy and Energy Industries to discuss expanding the company’s presence in the country’s energy sector. The meeting, held on Wednesday (November 13) at...
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SBM Offshore’s ONE GUYANA FPSO boosts performance as Exxon eyes early purchase

OilNOW -
SBM Offshore has reported another strong quarter, underscoring the success of its Guyana operations as its ONE GUYANA floating production, storage and offloading (FPSO) vessel begins full production, and ExxonMobil considers exercising its purchase option for the vessel in...
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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...

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