Latest News

NewsShikema Dey -

TotalEnergies ready to spend ‘tens of millions’ for seismic, geophysical surveys in Guyana’s S4 Block – Exploration VP 

With the Petroleum License signed, TotalEnergies is gearing up to expend “tens of millions” in seismic and geophysical surveys in Guyana’s shallow water S4...
NewsKemol King -

Guyana plans two more offshore block awards before year-end

Guyana plans to sign deals to issue two more offshore blocks to explorers before the end of the year, Natural Resources Minister Vickram Bharrat...
NewsIşıl Güneş -

Suriname President calls for fair forest compensation, links oil revenues to green growth at Brazil Climate Summit

PARAMARIBO, SURINAME – President Jennifer Geerlings-Simons of Suriname delivered a firm appeal at the Belém Climate Summit in Brazil for equitable climate financing, highlighting...
NewsOilNOW -

GCCI’s Business Development Forum to equip MSMEs for 2026 growth opportunities in Guyana and around the world

As Guyana continues on a trajectory of rapid economic expansion, the Georgetown Chamber of Commerce and Industry (GCCI) is positioning micro, small, and medium-sized...
NewsShikema Dey -

Guyana inks new deal with some of the world’s largest oil companies, secures US$15M signing bonus

A consortium of Petronas, QatarEnergy and TotalEnergies signed its Petroleum Exploration License for the S4 shallow block in Guyana’s offshore waters, a historic feat...
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Latest News

NewsShikema Dey -

TotalEnergies ready to spend ‘tens of millions’ for seismic, geophysical surveys in Guyana’s S4 Block – Exploration VP 

With the Petroleum License signed, TotalEnergies is gearing up to expend “tens of millions” in seismic and geophysical surveys in Guyana’s shallow water S4...
NewsKemol King -

Guyana plans two more offshore block awards before year-end

Guyana plans to sign deals to issue two more offshore blocks to explorers before the end of the year, Natural Resources Minister Vickram Bharrat...
NewsIşıl Güneş -

Suriname President calls for fair forest compensation, links oil revenues to green growth at Brazil Climate Summit

PARAMARIBO, SURINAME – President Jennifer Geerlings-Simons of Suriname delivered a firm appeal at the Belém Climate Summit in Brazil for equitable climate financing, highlighting...
NewsOilNOW -

GCCI’s Business Development Forum to equip MSMEs for 2026 growth opportunities in Guyana and around the world

As Guyana continues on a trajectory of rapid economic expansion, the Georgetown Chamber of Commerce and Industry (GCCI) is positioning micro, small, and medium-sized...
NewsShikema Dey -

Guyana inks new deal with some of the world’s largest oil companies, secures US$15M signing bonus

A consortium of Petronas, QatarEnergy and TotalEnergies signed its Petroleum Exploration License for the S4 shallow block in Guyana’s offshore waters, a historic feat...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

From chemistry to cargo: How Natina Singh became ExxonMobil Guyana’s first Operations and Logistics Superintendent

When Natina Singh began her academic journey in chemistry, she never imagined she would one day be managing logistics and operations at ExxonMobil Guyana’s...

Fuel For Thought

Fuel for ThoughtJoanna Simmons -

The PAA Series: Environmental Management – Decommissioning (Part 3)

In PAA Series: Environmental Management - Decommissioning Part 2, we highlighted that, “The most significant steps in reducing adverse environmental influence are for the...

Rules of the Game

Rules of the GameIşıl Güneş -

From Ministry of Natural Resources to Ministry of Oil & Gas and Environment: What does this change really mean

Suriname published a new State Decree S.B. 2025 No. 124 on October 22, with the name of ‘Decree on Task Description of Ministries 2025’...

Local Content

NewsShikema Dey -

Guyana inks new deal with some of the world’s largest oil companies, secures US$15M signing bonus

A consortium of Petronas, QatarEnergy and TotalEnergies signed its Petroleum Exploration License for the S4 shallow block in Guyana’s offshore waters, a historic feat...

Regional

Latest News

NewsShikema Dey -

TotalEnergies ready to spend ‘tens of millions’ for seismic, geophysical surveys in Guyana’s S4 Block – Exploration VP 

With the Petroleum License signed, TotalEnergies is gearing up to expend “tens of millions” in seismic and geophysical surveys in Guyana’s shallow water S4...
News

Guyana plans two more offshore block awards before year-end

Kemol King -
Guyana plans to sign deals to issue two more offshore blocks to explorers before the end of the year,...
News

Suriname President calls for fair forest compensation, links oil revenues to green growth at Brazil Climate Summit

Işıl Güneş -
PARAMARIBO, SURINAME – President Jennifer Geerlings-Simons of Suriname delivered a firm appeal at the Belém Climate Summit in Brazil...
News

GCCI’s Business Development Forum to equip MSMEs for 2026 growth opportunities in Guyana and around the world

OilNOW -
As Guyana continues on a trajectory of rapid economic expansion, the Georgetown Chamber of Commerce and Industry (GCCI) is...
News

Guyana inks new deal with some of the world’s largest oil companies, secures US$15M signing bonus

Shikema Dey -
A consortium of Petronas, QatarEnergy and TotalEnergies signed its Petroleum Exploration License for the S4 shallow block in Guyana’s...
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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 produced 134,000 b/d in September

Oil production at ExxonMobil's Yellowtail development offshore Guyana averaged 134,000 barrels per day (b/d), increasing from 75,000 b/d in the previous month, government data...

Energy Insights

Energy InsightsChevy Devonish -

New High Court Decision: Oil and Gas Litigation – EIAs are required for oil and gas exploration and production waste-management facilities 

The High Court of Guyana has ruled that an operation permit granted to Global Oil Environmental Services (Guyana) Inc. (GOES) to operate a waste-management...

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...

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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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