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Trinidad & Tobago will dominate natural gas production in 2025 but output will be on decline – GlobalData

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Trinidad and Tobago is expected to contribute around 25% or 820 million cubic feet per day (mmcfd) of the Americas natural gas production in 2025 from planned and announced projects (new build projects, excluding the US L48), according to...
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Growing a Guyanese brand with international standards

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When Kerensa Gravesande-Bart conceptualised Strategic Recruitment Solutions Incorporated Guyana (SRSGY), she knew that she wanted to create a company that would not only be Guyanese-owned but it should be able to drive local content and provide tangible avenues for...
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Yellowtail will develop largest resource base to date, Pinktail and Whiptail could be 6th project

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Yellowtail will develop a much larger resource base than any of the previous developments at the ExxonMobil-operated Stabroek Block offshore Guyana while the Pinktail and Whiptail discoveries which both have deeper zones with good quality oil, could form the...
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Venezuela’s PDVSA to offer alternative heavy crudes

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(S&P Global Platts) Venezuelan state-owned PDVSA will offer from October in the international market the upgraded heavy crudes Morichal 16, Zuata Sweet and Hamaca Special Blend to compensate for the fall in the production of Merey, which is its...
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Extensive well program at Stabroek Block delivering big volumes this year

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An extensive exploration and appraisal drilling programme being carried out at the Stabroek Block this year has so far delivered a series of discoveries that will push the 9 billion plus barrels of oil equivalent higher even as the...
News

Royston completes engine overhaul work on Stena Carron off Guyana’s coast

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Marine engineering and propulsion specialist Royston has assisted in the overhaul of diesel power plant on-board the Stena Carron drill ship as it sailed while on passage. Drawing on its international capabilities and resources, a five-strong team of Royston engineers...
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Suriname moving to develop “fit for purpose” shore base facility

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After decades of offshore exploration, Suriname has made significant hydrocarbon discoveries, particularly over the course of 2020 and 2021. These discoveries have intensified the exploration and appraisal efforts of various license holders and provides a positive outlook for future...
Exploration

Guyana welcomes new oil discovery, expects total volumes to increase

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Guyana’s Ministry of Natural Resources said Thursday it is pleased with the announcement of the country’s latest oil discovery by ExxonMobil affiliate Esso Exploration and Production Guyana (EEPGL) and partners at Pinktail Offshore Guyana, within the Stabroek Block. The ministry...
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Giant Liza Unity FPSO sets sail for Guyana

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Dutch floater specialist SBM Offshore announced on Thursday that the Liza Unity FPSO has started its voyage to Guyana, having departed from Keppel shipyard in Singapore. The FPSO is expected to arrive in Guyana late this year. Once the...
Exploration

Exxon delivers another major oil discovery offshore Guyana

OilNOW -
It’s the block that keeps giving. U.S. oil major ExxonMobil announced on Thursday another oil discovery on the Stabroek Block offshore Guyana at Pinktail. The Pinktail well encountered 220 feet (67 meters) of net pay in high-quality oil-bearing sandstone reservoir....
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China’s first taste of Guyana’s Golden Arrowhead crude heads to Huizhou

A very large crude carrier (VLCC) is delivering China’s first cargo of Guyana’s new Golden Arrowhead crude grade, marking...

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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