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Guyana's Oil LedgerKemol King -

ExxonMobil Guyana produced 841,000 barrels of crude per day in October

ExxonMobil Guyana’s offshore oil production averaged 841,000 barrels per day (b/d) in October across the four producing Stabroek Block developments, according to newly released...
OpinionsOilNOW -

Letter-to-the-Editor: Oil critics overlook the simple truth: Guyana is better off today

Dear Editor, Every week we hear the same tired chorus about Guyana’s oil sector: the contract is bad, the companies are exploiting us, nothing is...
NewsOilNOW -

President Ali wants Guyana’s private sector to form supply vessel group for offshore assignments

Guyana President Irfaan Ali on Friday urged the country’s private sector to form a consortium capable of joining offshore operations by providing supply and...
NewsOilNOW -

How Brent crude ties Guyana’s oil to global markets, supporting profitability even with lower prices

Brent crude is the leading global benchmark for oil prices. It refers to a classification of water-borne crude originally from the North Sea, now...
NewsOilNOW -

From Liza to ONE GUYANA: How 7 projects transformed Guyana’s oil sector in 6 years

In just under six years, Guyana has transitioned from being a first-time oil producer to one that now produces 900,000 barrels of crude per...
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Latest News

Guyana's Oil LedgerKemol King -

ExxonMobil Guyana produced 841,000 barrels of crude per day in October

ExxonMobil Guyana’s offshore oil production averaged 841,000 barrels per day (b/d) in October across the four producing Stabroek Block developments, according to newly released...
OpinionsOilNOW -

Letter-to-the-Editor: Oil critics overlook the simple truth: Guyana is better off today

Dear Editor, Every week we hear the same tired chorus about Guyana’s oil sector: the contract is bad, the companies are exploiting us, nothing is...
NewsOilNOW -

President Ali wants Guyana’s private sector to form supply vessel group for offshore assignments

Guyana President Irfaan Ali on Friday urged the country’s private sector to form a consortium capable of joining offshore operations by providing supply and...
NewsOilNOW -

How Brent crude ties Guyana’s oil to global markets, supporting profitability even with lower prices

Brent crude is the leading global benchmark for oil prices. It refers to a classification of water-borne crude originally from the North Sea, now...
NewsOilNOW -

From Liza to ONE GUYANA: How 7 projects transformed Guyana’s oil sector in 6 years

In just under six years, Guyana has transitioned from being a first-time oil producer to one that now produces 900,000 barrels of crude per...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Kareshma Narine, the Guyanese who helped chart the early days of offshore drilling

Kareshma Narine was one of the first Guyanese to take up a position aboard the Noble Bob Douglas drill ship. Her story was featured...

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

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

Local Content

NewsOilNOW -

President Ali wants Guyana’s private sector to form supply vessel group for offshore assignments

Guyana President Irfaan Ali on Friday urged the country’s private sector to form a consortium capable of joining offshore operations by providing supply and...

Regional

Latest News

Guyana's Oil LedgerKemol King -

ExxonMobil Guyana produced 841,000 barrels of crude per day in October

ExxonMobil Guyana’s offshore oil production averaged 841,000 barrels per day (b/d) in October across the four producing Stabroek Block developments, according to newly released...
Opinions

Letter-to-the-Editor: Oil critics overlook the simple truth: Guyana is better off today

OilNOW -
Dear Editor, Every week we hear the same tired chorus about Guyana’s oil sector: the contract is bad, the companies...
News

President Ali wants Guyana’s private sector to form supply vessel group for offshore assignments

OilNOW -
Guyana President Irfaan Ali on Friday urged the country’s private sector to form a consortium capable of joining offshore...
News

How Brent crude ties Guyana’s oil to global markets, supporting profitability even with lower prices

OilNOW -
Brent crude is the leading global benchmark for oil prices. It refers to a classification of water-borne crude originally...
News

From Liza to ONE GUYANA: How 7 projects transformed Guyana’s oil sector in 6 years

OilNOW -
In just under six years, Guyana has transitioned from being a first-time oil producer to one that now produces...
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Exploration

ExplorationShikema Dey -

Suriname puts 60% of offshore basin on offer in new Staatsolie open-door programme

Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the Suriname-Guyana Basin. The initiative was...
Exploration

ExxonMobil, Shell lead high-impact exploration over five-year period as NOCs surge in 2024

OilNOW -
ExxonMobil and Shell were the most active high-impact oil and gas explorers between 2020 and 2024, according to 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...
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Production

NewsOilNOW -

Exxon hits 900,000 barrels of oil per day in Guyana as Yellowtail reaches full capacity

ExxonMobil Guyana announced on Wednesday that the country’s daily oil production has reached a new milestone of 900,000 barrels per day, following the ramp-up...
Guyana's Oil Ledger

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

Kemol King -
Oil production offshore Guyana averaged 685,000 barrels per day (b/d) in August, up from 664,000 b/d in July, driven...
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...
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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 -

ExxonMobil Guyana produced 841,000 barrels of crude per day in October

ExxonMobil Guyana’s offshore oil production averaged 841,000 barrels per day (b/d) in October across the four producing Stabroek Block developments, according to newly released...

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

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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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