Latest News

Guyana's Oil LedgerKemol King -

Guyana’s May oil output hits new high as Liza 2 and Payara ramp up

Guyana’s offshore oil production reached a new milestone in May 2025, averaging an all-time high of 667,000 barrels per day (b/d). The surge represents...
NewsOilNOW -

Brazil’s Foz do Amazonas now seen as ‘akin to Guyana’s Stabroek Field’ – Horizon Engage

Brazil’s Foz do Amazonas Basin is being viewed by top industry players as that country’s top offshore frontier opportunity, with Horizon Engage reporting that...
OpinionsOilNOW -

Letter-to-the-Editor: If the youth are the future, then we must invest in them

The skills and competence required to land a job or even to provide services in Guyana have drastically changed. While many adults are adjusting...
NewsOilNOW -

Technip Energies: FLNG is the smart choice for Guyana-Suriname gas monetisation

Floating Liquefied Natural Gas (FLNG) offers the most efficient and cost-effective path for monetising gas in the Guyana-Suriname Basin, says Lorenzo Disaro, Offshore Business...
NewsOilNOW -

Suriname’s 2025 elections set stage for coalition government amid oil sector decisions

PARAMARIBO, SURINAME - Suriname’s general elections on May 25 have resulted in a divided parliament, setting the stage for a coalition-led government that will...
- ADVERTISEMENT -

Trending

Latest News

Guyana's Oil LedgerKemol King -

Guyana’s May oil output hits new high as Liza 2 and Payara ramp up

Guyana’s offshore oil production reached a new milestone in May 2025, averaging an all-time high of 667,000 barrels per day (b/d). The surge represents...
NewsOilNOW -

Brazil’s Foz do Amazonas now seen as ‘akin to Guyana’s Stabroek Field’ – Horizon Engage

Brazil’s Foz do Amazonas Basin is being viewed by top industry players as that country’s top offshore frontier opportunity, with Horizon Engage reporting that...
OpinionsOilNOW -

Letter-to-the-Editor: If the youth are the future, then we must invest in them

The skills and competence required to land a job or even to provide services in Guyana have drastically changed. While many adults are adjusting...
NewsOilNOW -

Technip Energies: FLNG is the smart choice for Guyana-Suriname gas monetisation

Floating Liquefied Natural Gas (FLNG) offers the most efficient and cost-effective path for monetising gas in the Guyana-Suriname Basin, says Lorenzo Disaro, Offshore Business...
NewsOilNOW -

Suriname’s 2025 elections set stage for coalition government amid oil sector decisions

PARAMARIBO, SURINAME - Suriname’s general elections on May 25 have resulted in a divided parliament, setting the stage for a coalition-led government that will...
- ADVERTISEMENT -

Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

From curiosity to career: Trainee Derrickman finds purpose on Stena DrillMAX

Steve Sirkissoon has always been fascinated by the offshore world. Now, as a trainee derrickman aboard the Stena DrillMAX, he's living that dream. “It's a...

Oil Law 101

Oil Law 101Joanna Simmons -

The PAA Series: Management Themes (Part 5)

In Management Themes (Part 4), we completed our discussion on exploration and discovery.  Through the provisions of the Petroleum Activities Act 17 of 2023...

Local Content

NewsOilNOW -

Baker Hughes achieved 55% Guyanese workforce in 2024

Baker Hughes reached a major local content win in 2024, with 55% of its workforce in Guyana made up of Guyanese. The company credits...

Regional

Latest News

Guyana's Oil LedgerKemol King -

Guyana’s May oil output hits new high as Liza 2 and Payara ramp up

Guyana’s offshore oil production reached a new milestone in May 2025, averaging an all-time high of 667,000 barrels per day (b/d). The surge represents...
News

Brazil’s Foz do Amazonas now seen as ‘akin to Guyana’s Stabroek Field’ – Horizon Engage

OilNOW -
Brazil’s Foz do Amazonas Basin is being viewed by top industry players as that country’s top offshore frontier opportunity,...
Opinions

Letter-to-the-Editor: If the youth are the future, then we must invest in them

OilNOW -
The skills and competence required to land a job or even to provide services in Guyana have drastically changed....
News

Technip Energies: FLNG is the smart choice for Guyana-Suriname gas monetisation

OilNOW -
Floating Liquefied Natural Gas (FLNG) offers the most efficient and cost-effective path for monetising gas in the Guyana-Suriname Basin,...
News

Suriname’s 2025 elections set stage for coalition government amid oil sector decisions

OilNOW -
PARAMARIBO, SURINAME - Suriname’s general elections on May 25 have resulted in a divided parliament, setting the stage for...
- ADVERTISEMENT -

Exploration

ExplorationOilNOW -

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

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...
- ADVERTISEMENT -
Exploration

ExxonMobil to appraise 2022 Barreleye discovery 

OilNOW -
ExxonMobil is engaged in appraisal drilling operations at the Barreleye-2 well of the Stabroek Block.  The operation started on April...
Exploration

Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

OilNOW -
High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to...
- ADVERTISEMENT -
- ADVERTISEMENT -

Production

Guyana's Oil LedgerKemol King -

Production surges at Exxon’s Liza 2 and Payara projects

In the final week and a half of April 2025, Guyana’s offshore oil production witnessed an uptick, with both the Liza 2 and Payara...
Guyana's Oil Ledger

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Kemol King -
Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s...
Guyana's Oil Ledger

Guyana’s rate of oil output increased by 5% in February

Kemol King -
Guyana’s offshore oil production rate climbed by 5% in February 2025 compared to the previous month, reaching an average...
- ADVERTISEMENT -

Discoveries

DiscoveriesOilNOW -

Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The prospect is located about 170...
Discoveries

Russia strikes black gold off British Antarctic coast, 511 billion barrels worth 

OilNOW -
(Yahoo News, May 13, 2024): Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading...
Discoveries

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

OilNOW -
Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
- ADVERTISEMENT -

Guyana's Oil Ledger

Guyana's Oil LedgerKemol King -

Guyana’s May oil output hits new high as Liza 2 and Payara ramp up

Guyana’s offshore oil production reached a new milestone in May 2025, averaging an all-time high of 667,000 barrels per day (b/d). The surge represents...

Energy Insights

Energy InsightsChevy Devonish -

New lawsuit claims that the Government of Guyana’s management of the Natural Resource Fund is unlawful and unconstitutional

A local businessman has filed a lawsuit challenging the Government of Guyana’s (GoG) management of the Natural Resource Fund (the Fund) established under the...

Sponsored Content

NewsOilNOW -

MODEC partners with STEMGuyana to support learning pods

MODEC has partnered with STEMGuyana to support its Learning Pods initiative, ensuring continued access to after-school education in Math, Science, English, and Technology for...

Opinions

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.

Quick Access

Company Info

Social Networks