Latest News

NewsOilNOW -

Guyana may enter long-term oil supply deals if there is market oversupply – VP

Guyana's Vice President, Bharrat Jagdeo, said the government may enter a long-term oil supply deal if there is oversupply in the market.  The South American...
Stories Beyond the BarrelOilNOW -

From first oil to expert aspirations: The journey of Yashawantie Pancham

The Prosperity FPSO has completed one year of oil production operations at Guyana's Stabroek Block. To mark the milestone, OilNOW highlights the contribution of...
NewsOilNOW -

SBM Offshore completes US$1.5 billion financing for its latest Guyana-bound FPSO

Dutch shipbuilder SBM Offshore said it completed the US$1.5 billion project financing of the Jaguar floating production, storage and offloading (FPSO) vessel. ExxonMobil hired...
NewsOilNOW -

Guyana, India to explore cooperation in hydrocarbons sector

Guyana and India signed memoranda of understanding (MoU) for cooperation in multiple sectors, including hydrocarbons. The signings were executed during a State Visit by...
NewsOilNOW -

Exxon pulls out of Suriname’s Block 52

ExxonMobil has pulled out of Suriname’s Block 52, where three hydrocarbon discoveries have already been made. State oil company Staatsolie said the oil major’s local...
- ADVERTISEMENT -

Trending

Latest News

NewsOilNOW -

Guyana may enter long-term oil supply deals if there is market oversupply – VP

Guyana's Vice President, Bharrat Jagdeo, said the government may enter a long-term oil supply deal if there is oversupply in the market.  The South American...
Stories Beyond the BarrelOilNOW -

From first oil to expert aspirations: The journey of Yashawantie Pancham

The Prosperity FPSO has completed one year of oil production operations at Guyana's Stabroek Block. To mark the milestone, OilNOW highlights the contribution of...
NewsOilNOW -

SBM Offshore completes US$1.5 billion financing for its latest Guyana-bound FPSO

Dutch shipbuilder SBM Offshore said it completed the US$1.5 billion project financing of the Jaguar floating production, storage and offloading (FPSO) vessel. ExxonMobil hired...
NewsOilNOW -

Guyana, India to explore cooperation in hydrocarbons sector

Guyana and India signed memoranda of understanding (MoU) for cooperation in multiple sectors, including hydrocarbons. The signings were executed during a State Visit by...
NewsOilNOW -

Exxon pulls out of Suriname’s Block 52

ExxonMobil has pulled out of Suriname’s Block 52, where three hydrocarbon discoveries have already been made. State oil company Staatsolie said the oil major’s local...
- ADVERTISEMENT -

Stories beyond the barrel

Stories Beyond the BarrelOilNOW -

From first oil to expert aspirations: The journey of Yashawantie Pancham

The Prosperity FPSO has completed one year of oil production operations at Guyana's Stabroek Block. To mark the milestone, OilNOW highlights the contribution of...

Local Content

NewsOilNOW -

Suriname Awareness Symposium for Jan. 2025 as country gears for first offshore oil development

Suriname Awareness Symposium 2025 (SAS2025) aims to build Suriname's future through the development of the energy sector. This event will bring together key stakeholders...

Regional

Latest News

NewsOilNOW -

Guyana may enter long-term oil supply deals if there is market oversupply – VP

Guyana's Vice President, Bharrat Jagdeo, said the government may enter a long-term oil supply deal if there is oversupply in the market.  The South American...
Stories Beyond the Barrel

From first oil to expert aspirations: The journey of Yashawantie Pancham

OilNOW -
The Prosperity FPSO has completed one year of oil production operations at Guyana's Stabroek Block. To mark the milestone,...
News

SBM Offshore completes US$1.5 billion financing for its latest Guyana-bound FPSO

OilNOW -
Dutch shipbuilder SBM Offshore said it completed the US$1.5 billion project financing of the Jaguar floating production, storage and...
News

Guyana, India to explore cooperation in hydrocarbons sector

OilNOW -
Guyana and India signed memoranda of understanding (MoU) for cooperation in multiple sectors, including hydrocarbons. The signings were executed...
News

Exxon pulls out of Suriname’s Block 52

OilNOW -
ExxonMobil has pulled out of Suriname’s Block 52, where three hydrocarbon discoveries have already been made. State oil company Staatsolie...
- ADVERTISEMENT -

Exploration

ExplorationOilNOW -

Touchstone achieves initial production at Cascadura C well pad in Trinidad 

Touchstone Exploration Inc. has achieved initial production from its Cascadura C onshore well pad during the testing phase. In a November 4 release, Touchstone said...
- ADVERTISEMENT -
Exploration

Oil story of South America’s newest producer built on 45 discoveries in just nine years 

OilNOW -
ExxonMobil’s Liza find back in 2015 unlocked a treasure trove of oil and gas discoveries in Guyana’s Stabroek Block....
Exploration

Exxon conducting drilling operations at Redmouth

OilNOW -
ExxonMobil has commenced exploration drilling at the Redmouth-1A well in the Stabroek Block offshore Guyana. Previously, the company drilled...
- ADVERTISEMENT -

Production

NewsOilNOW -

Guyana oil production hits half-billion-barrel mark

ExxonMobil Guyana announced on November 13, a milestone of 500 million barrels of accumulated crude oil production. The output was derived from three Stabroek...
News

Guyana poised to add close to one million barrels per day as FPSO sector takes off globally

OilNOW -
A total of 56 FPSO projects, between 2022 and 2027, are expected to commence their operations worldwide. Brazil leads...
News

Touchstone boosting production with Cascadura wells 

OilNOW -
Touchstone Exploration announced well test results on November 11 from its Cascadura-2ST1 and Cascadura-3ST1 wells, as it undertakes a...
- 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 government’s 2024 receipts from oil production exceed US$2 billion

Guyana’s Natural Resource Fund (NRF) received more than US$2 billion in revenue projected this year and is set to receive several hundred million more...

Energy Insights

Energy InsightsOilNOW -

CCJ ruling confirms process by which Stabroek co-venturers apply for and are granted project approvals is lawful

By Chevy Devonish In a previous article we examined how the Caribbean Court of Justice (“CCJ”) in Attorney General of Guyana v Environmental Protection Agency...

Sponsored Content

NewsOilNOW -

Excel Guyana targets workforce development to meet oil & gas demands, sets sights on new manpower division

Excel Guyana Inc. is expanding its workforce solutions to bridge critical skills gaps in Guyana’s oil and gas industry, preparing to launch a new...

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