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OpinionsOilNOW -

Letter-to-the-Editor: I am saving GY$14,000 a month with low fuel prices

Dear Editor, “Guyana gasoline prices now lowest in the region” is a headline I read and couldn’t help but smile. I smiled because I was...
NewsOilNOW -

Guyana’s oil output surges as FPSO upgrades boost capacity by 125,000 b/d

Upgrades to the first three floating production, storage and offloading (FPSO) vessels offshore Guyana have unlocked a major boost in oil capacity -125,000 barrels...
NewsOilNOW -

MODEC’s H1 profit climbs on project wins, backlog swells to record US$25.5 billion

Japan’s MODEC Inc. said on Friday its net profit for the first half (H1) of 2025 rose 17% from a year earlier, buoyed by...
NewsOilNOW -

Upcoming Business Talk to address invoicing in Guyana’s oil & gas sector

The Centre for Local Business Development, in partnership with the Greater Guyana Initiative, will host an in-person session titled ‘Understanding Invoicing in the Oil...
NewsShikema Dey -

23 days until Guyana’s elections: These are the runners gunning for the Presidency

With just 23 days to go before Guyana heads to the polls, the race for the presidency is heating up. Key contenders are vying...
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Trending

Latest News

OpinionsOilNOW -

Letter-to-the-Editor: I am saving GY$14,000 a month with low fuel prices

Dear Editor, “Guyana gasoline prices now lowest in the region” is a headline I read and couldn’t help but smile. I smiled because I was...
NewsOilNOW -

Guyana’s oil output surges as FPSO upgrades boost capacity by 125,000 b/d

Upgrades to the first three floating production, storage and offloading (FPSO) vessels offshore Guyana have unlocked a major boost in oil capacity -125,000 barrels...
NewsOilNOW -

MODEC’s H1 profit climbs on project wins, backlog swells to record US$25.5 billion

Japan’s MODEC Inc. said on Friday its net profit for the first half (H1) of 2025 rose 17% from a year earlier, buoyed by...
NewsOilNOW -

Upcoming Business Talk to address invoicing in Guyana’s oil & gas sector

The Centre for Local Business Development, in partnership with the Greater Guyana Initiative, will host an in-person session titled ‘Understanding Invoicing in the Oil...
NewsShikema Dey -

23 days until Guyana’s elections: These are the runners gunning for the Presidency

With just 23 days to go before Guyana heads to the polls, the race for the presidency is heating up. Key contenders are vying...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Voices from the DrillMAX: Guyanese talent is driving offshore operations

Aboard the Stena DrillMAX, Guyanese professionals are playing key roles in keeping offshore operations in tip-top shape. In the latest edition of Energy Magazine...

Fuel For Thought

Fuel for ThoughtJoanna Simmons -

The PAA Series: Management Themes (Part 6)

Management Themes (Part 5) introduced our discussions of matters pertaining to the development and production of a petroleum discovery. We began our review with...

Local Content

NewsOilNOW -

Noble targets more Guyanese for offshore careers with 2026 Cadet Scholarship launch

Noble Corporation has officially launched the 2026 cycle of its Cadet Scholarship Program, expanding its efforts to train more young Guyanese for maritime careers. “This...

Regional

Latest News

OpinionsOilNOW -

Letter-to-the-Editor: I am saving GY$14,000 a month with low fuel prices

Dear Editor, “Guyana gasoline prices now lowest in the region” is a headline I read and couldn’t help but smile. I smiled because I was...
News

Guyana’s oil output surges as FPSO upgrades boost capacity by 125,000 b/d

OilNOW -
Upgrades to the first three floating production, storage and offloading (FPSO) vessels offshore Guyana have unlocked a major boost...
News

MODEC’s H1 profit climbs on project wins, backlog swells to record US$25.5 billion

OilNOW -
Japan’s MODEC Inc. said on Friday its net profit for the first half (H1) of 2025 rose 17% from...
News

Upcoming Business Talk to address invoicing in Guyana’s oil & gas sector

OilNOW -
The Centre for Local Business Development, in partnership with the Greater Guyana Initiative, will host an in-person session titled...
News

23 days until Guyana’s elections: These are the runners gunning for the Presidency

Shikema Dey -
With just 23 days to go before Guyana heads to the polls, the race for the presidency is heating...
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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

NewsShikema Dey -

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

The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the first offshore unit in 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...
News

First oil from ONE GUYANA set for next week – Exxon CEO

Shikema Dey -
ExxonMobil’s Chief Executive Officer, Darren Woods announced today that first oil from the ONE GUYANA floating production storage and...
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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 -

Guyana’s June oil output slipped slightly as new FPSO set to lift capacity

ExxonMobil Guyana’s oil production dipped slightly in June, averaging 664,000 barrels per day (b/d) down from 667,000 barrels in May, even as two of...

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...

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NewsOilNOW -

Guyana Electric boosts grid reliability with specialized high-voltage training

Guyana Electric has launched specialized training courses in medium and high-voltage cable terminations and joints, aimed at improving installation practices and network reliability. Chief...

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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