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Guyana barrels remain ‘extremely competitive’ even in low-price scenarios – Norway research firm

Guyana’s deepwater volumes remain central to the pool of “advantaged barrels” that analysts say can withstand prolonged low-price environments. This is according to Norway-based...
NewsIşıl Güneş -

A ‘Competent, Competitive and Confident’ workforce; Industry leaders urge Suriname to invest now in its people

PARAMARIBO, SURINAME – Industry leaders and government officials insist that Suriname’s ability to benefit from upcoming offshore oil production will rely on sustained investments...
OpinionsOilNOW -

Letter-to-the-Editor: As the country rises, why isn’t Christmas feeling brighter?

Dear Editor,  Christmas in Guyana has always had its own rhythm, with early cleaning, pepperpot bubbling before sunrise and every street corner glowing with lights....
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...
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NewsOilNOW -

Guyana barrels remain ‘extremely competitive’ even in low-price scenarios – Norway research firm

Guyana’s deepwater volumes remain central to the pool of “advantaged barrels” that analysts say can withstand prolonged low-price environments. This is according to Norway-based...
NewsIşıl Güneş -

A ‘Competent, Competitive and Confident’ workforce; Industry leaders urge Suriname to invest now in its people

PARAMARIBO, SURINAME – Industry leaders and government officials insist that Suriname’s ability to benefit from upcoming offshore oil production will rely on sustained investments...
OpinionsOilNOW -

Letter-to-the-Editor: As the country rises, why isn’t Christmas feeling brighter?

Dear Editor,  Christmas in Guyana has always had its own rhythm, with early cleaning, pepperpot bubbling before sunrise and every street corner glowing with lights....
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...
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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

NewsIşıl Güneş -

A ‘Competent, Competitive and Confident’ workforce; Industry leaders urge Suriname to invest now in its people

PARAMARIBO, SURINAME – Industry leaders and government officials insist that Suriname’s ability to benefit from upcoming offshore oil production will rely on sustained investments...

Regional

Latest News

NewsOilNOW -

Guyana barrels remain ‘extremely competitive’ even in low-price scenarios – Norway research firm

Guyana’s deepwater volumes remain central to the pool of “advantaged barrels” that analysts say can withstand prolonged low-price environments. This is according to Norway-based...
News

A ‘Competent, Competitive and Confident’ workforce; Industry leaders urge Suriname to invest now in its people

Işıl Güneş -
PARAMARIBO, SURINAME – Industry leaders and government officials insist that Suriname’s ability to benefit from upcoming offshore oil production...
Opinions

Letter-to-the-Editor: As the country rises, why isn’t Christmas feeling brighter?

OilNOW -
Dear Editor,  Christmas in Guyana has always had its own rhythm, with early cleaning, pepperpot bubbling before sunrise and every...
Guyana's Oil Ledger

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

Kemol King -
ExxonMobil Guyana’s offshore oil production averaged 841,000 barrels per day (b/d) in October across the four producing Stabroek Block...
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...
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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...

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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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