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NewsOilNOW -

MODEC launches new offshore training intake for Guyanese technical graduates

MODEC has launched a new intake for its Offshore Technical Trainee Program in Guyana. This initiative follows the launch of the company’s onshore training...
NewsOilNOW -

Suriname’s Caiman-1 well could unlock shallow end of ‘Golden Lane’ – GEOExPro 

Petronas is preparing to drill Caiman-1 in Suriname’s offshore Block 52, a move that could expand exploration into the shallower section of the 'Golden...
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Chevron appoints John Hess to board following US$53 billion merger

Chevron Corporation has appointed John Hess, former chief executive of Hess Corp, to its board of directors, the U.S. oil major said on Tuesday,...
NewsOilNOW -

Guyana records US$3 billion trade surplus in Q1 2025, driven by oil exports

Guyana posted a trade surplus of US$3.01 billion in the first quarter of 2025, driven by crude oil exports, which continued to dominate the...
NewsOilNOW -

ExxonMobil Guyana targets procurement improvements to boost supplier engagement 

ExxonMobil Guyana is working to improve procurement processes to ensure broader access and deeper engagement with local suppliers, Socioeconomic Manager Lorna Carlson said Friday...
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Latest News

NewsOilNOW -

MODEC launches new offshore training intake for Guyanese technical graduates

MODEC has launched a new intake for its Offshore Technical Trainee Program in Guyana. This initiative follows the launch of the company’s onshore training...
NewsOilNOW -

Suriname’s Caiman-1 well could unlock shallow end of ‘Golden Lane’ – GEOExPro 

Petronas is preparing to drill Caiman-1 in Suriname’s offshore Block 52, a move that could expand exploration into the shallower section of the 'Golden...
NewsOilNOW -

Chevron appoints John Hess to board following US$53 billion merger

Chevron Corporation has appointed John Hess, former chief executive of Hess Corp, to its board of directors, the U.S. oil major said on Tuesday,...
NewsOilNOW -

Guyana records US$3 billion trade surplus in Q1 2025, driven by oil exports

Guyana posted a trade surplus of US$3.01 billion in the first quarter of 2025, driven by crude oil exports, which continued to dominate the...
NewsOilNOW -

ExxonMobil Guyana targets procurement improvements to boost supplier engagement 

ExxonMobil Guyana is working to improve procurement processes to ensure broader access and deeper engagement with local suppliers, Socioeconomic Manager Lorna Carlson said Friday...
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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 -

ExxonMobil to meet Guyana vendors about its contracting processes

ExxonMobil Guyana Limited (EMGL) will host a virtual meeting with local vendors on August 19 to discuss its contracting activity and procurement procedures, according...

Regional

Latest News

NewsOilNOW -

MODEC launches new offshore training intake for Guyanese technical graduates

MODEC has launched a new intake for its Offshore Technical Trainee Program in Guyana. This initiative follows the launch of the company’s onshore training...
News

Suriname’s Caiman-1 well could unlock shallow end of ‘Golden Lane’ – GEOExPro 

OilNOW -
Petronas is preparing to drill Caiman-1 in Suriname’s offshore Block 52, a move that could expand exploration into the...
News

Chevron appoints John Hess to board following US$53 billion merger

OilNOW -
Chevron Corporation has appointed John Hess, former chief executive of Hess Corp, to its board of directors, the U.S....
News

Guyana records US$3 billion trade surplus in Q1 2025, driven by oil exports

OilNOW -
Guyana posted a trade surplus of US$3.01 billion in the first quarter of 2025, driven by crude oil exports,...
News

ExxonMobil Guyana targets procurement improvements to boost supplier engagement 

OilNOW -
ExxonMobil Guyana is working to improve procurement processes to ensure broader access and deeper engagement with local suppliers, Socioeconomic...
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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 -

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...
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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

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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 gets another US$191 million from oil sales in June

Guyana earned just over US$191 million (GY$40 billion) from the sale of three oil cargoes (each about a million barrels) in June, bringing total...

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 -

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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