Latest News

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Baker Hughes wins major Petrobras contract for 50 subsea tree systems

Baker Hughes announced Monday that it has secured a significant award from Petrobras to supply up to 50 subsea tree systems and associated services...
NewsOilNOW -

Touchstone pushes ahead with Cascadura completions, divests Fyzabad asset

Touchstone Exploration Inc. has entered the completion phase at its Cascadura development in Trinidad, advancing a strategic portfolio shift. In a September 29 update, the...
OpinionsOilNOW -

Letter-to-the-Editor: Homegrown training proves Guyana has the capacity to lead the energy future

Dear Editor,  I felt immense pride reading that Guyanese engineers and technicians in the oil and gas sector are now receiving full training right here...
NewsOilNOW -

Caribbean Tech Innovation breaks ground on the global stage

Ramps Logistics says its homegrown platform, MAWI, has been shortlisted for the 2025 Breakbulk Awards — the first time a technology created in the...
NewsOilNOW -

Guyana to issue four offshore blocks from 2023 auction in October – Bharrat

Guyana will issue four production sharing agreements (PSAs) in October under its first offshore licensing round, Natural Resources Minister Vickram Bharrat said on Sunday. Speaking...
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Latest News

NewsOilNOW -

Baker Hughes wins major Petrobras contract for 50 subsea tree systems

Baker Hughes announced Monday that it has secured a significant award from Petrobras to supply up to 50 subsea tree systems and associated services...
NewsOilNOW -

Touchstone pushes ahead with Cascadura completions, divests Fyzabad asset

Touchstone Exploration Inc. has entered the completion phase at its Cascadura development in Trinidad, advancing a strategic portfolio shift. In a September 29 update, the...
OpinionsOilNOW -

Letter-to-the-Editor: Homegrown training proves Guyana has the capacity to lead the energy future

Dear Editor,  I felt immense pride reading that Guyanese engineers and technicians in the oil and gas sector are now receiving full training right here...
NewsOilNOW -

Caribbean Tech Innovation breaks ground on the global stage

Ramps Logistics says its homegrown platform, MAWI, has been shortlisted for the 2025 Breakbulk Awards — the first time a technology created in the...
NewsOilNOW -

Guyana to issue four offshore blocks from 2023 auction in October – Bharrat

Guyana will issue four production sharing agreements (PSAs) in October under its first offshore licensing round, Natural Resources Minister Vickram Bharrat said on Sunday. Speaking...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Kavita Khan: Driving finance in Guyana’s oil sector

For Senior Accountant Kavita Khan, TechnipFMC first caught her attention through a presentation. “One of the managers… was going around to different companies that...

Fuel For Thought

Fuel for ThoughtJoanna Simmons -

The PAA Series: Environmental Management – Decommissioning (Part 2)

In PAA Series: Environmental Management - Decommissioning Part 1, we noted that the Petroleum Activities Act 2023 (‘PAA’) contains provisions for a critical environmental...

Rules of the Game

Rules of the GameIşıl Güneş -

How exploration and production are governed in Suriname – Part 1

PARAMARIBO, SURINAME – Suriname’s petroleum industry is governed by the Petroleum Law of 1990, enacted in 1991 (S.B. 1991 no. 7) and amended in...

Local Content

NewsOilNOW -

Oil and Gas Minister Brunings: Local content key to Suriname’s oil and gas future

PARAMARIBO, SURINAME – Stakeholders from across Suriname’s oil and gas sector gathered on September 24 at the Assuria Event Center for a masterclass, 'Navigating...

Regional

Latest News

NewsOilNOW -

Baker Hughes wins major Petrobras contract for 50 subsea tree systems

Baker Hughes announced Monday that it has secured a significant award from Petrobras to supply up to 50 subsea tree systems and associated services...
News

Touchstone pushes ahead with Cascadura completions, divests Fyzabad asset

OilNOW -
Touchstone Exploration Inc. has entered the completion phase at its Cascadura development in Trinidad, advancing a strategic portfolio shift. In...
Opinions

Letter-to-the-Editor: Homegrown training proves Guyana has the capacity to lead the energy future

OilNOW -
Dear Editor,  I felt immense pride reading that Guyanese engineers and technicians in the oil and gas sector are now...
News

Caribbean Tech Innovation breaks ground on the global stage

OilNOW -
Ramps Logistics says its homegrown platform, MAWI, has been shortlisted for the 2025 Breakbulk Awards — the first time...
News

Guyana to issue four offshore blocks from 2023 auction in October – Bharrat

OilNOW -
Guyana will issue four production sharing agreements (PSAs) in October under its first offshore licensing round, Natural Resources Minister...
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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...
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...
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Production

Guyana's Oil LedgerKemol King -

Yellowtail boost lifts Guyana’s oil output to 685,000 b/d in August

Oil production offshore Guyana averaged 685,000 barrels per day (b/d) in August, up from 664,000 b/d in July, driven mainly by the start-up of...
News

ONE GUYANA FPSO equipped to ensure uninterrupted gas handling offshore – GoG

Shikema Dey -
The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the...
News

Oil production begins at ExxonMobil’s fourth mega-project offshore Guyana

Shikema Dey -
Oil production has started at ExxonMobil's Yellowtail Development offshore Guyana, making it the fourth mega-project to startup in just...
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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...
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Guyana's Oil Ledger

Guyana's Oil LedgerKemol King -

Yellowtail boost lifts Guyana’s oil output to 685,000 b/d in August

Oil production offshore Guyana averaged 685,000 barrels per day (b/d) in August, up from 664,000 b/d in July, driven mainly by the start-up of...

Energy Insights

Energy InsightsChevy Devonish -

Unlimited Liability and Specified Assurance: Understanding Environmental Responsibility in Guyana’s Oil and Gas Sector

Today, we continue our series on the Oil Pollution Prevention, Preparedness, Response, and Responsibility Act of 2025 (OPPPRR) by seeking to clarify the nature...

Sponsored Content

NewsOilNOW -

UAL launches new Caribbean shuttle service to enhance regional trade connectivity

UAL (Universal Africa Lines) has introduced the UAL Caribbean Shuttle, a fixed 9-day loop service linking Point Lisas (Trinidad & Tobago), Georgetown (Guyana), and...

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.

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