News

The Government of Guyana has extended the proposal submission deadlines for two gas-linked projects planned for Wales, West Bank Demerara. This move comes as it advances efforts to extract greater value from natural gas at ExxonMobil-operated offshore fields. The extensions...

ExxonMobil Guyana is continuing exploration drilling at the Barreleye-3 well in the Stabroek Block, a notice from Guyana’s Maritime Administration Department said. According to the notice, drilling, carried out by the drillship Stena Carron, was scheduled to begin on December...

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...

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...

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,...

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...

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...

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 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 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...