Latest News

NewsOilNOW -

Exxon gives back 9% of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the government, fulfilling a contractual obligation...
NewsOilNOW -

‘Entirely misleading’ – ExxonMobil rejects media comparisons of IFRS profits and oil profit share

ExxonMobil Guyana’s Vice President and Chief Financial Officer, John A. Colling, has rejected recent claims in the local media that the Stabroek Block Contractor...
NewsOilNOW -

Noble launches pre-qualification for offshore scaffolding services in Guyana

Noble Finance Company, an affiliate of Noble Corporation, has issued a Request for Information (RFI) to pre-qualify companies capable of delivering scaffolding services offshore...
NewsOilNOW -

Technology and talent driving Blue Water Shipping’s success in Guyana

Companies that have managed to balance training, competency enhancement, and investment are among the “most successful” in Guyana’s booming energy sector. And those very...
NewsShikema Dey -

Could CGX’s loss be another company’s reward? The Wei-1 scenario

When CGX Energy Inc. announced a discovery at the Kawa-1 well in February 2022, expectations soared. For the first time in 20 years, CGX...
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Trending

Latest News

NewsOilNOW -

Exxon gives back 9% of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the government, fulfilling a contractual obligation...
NewsOilNOW -

‘Entirely misleading’ – ExxonMobil rejects media comparisons of IFRS profits and oil profit share

ExxonMobil Guyana’s Vice President and Chief Financial Officer, John A. Colling, has rejected recent claims in the local media that the Stabroek Block Contractor...
NewsOilNOW -

Noble launches pre-qualification for offshore scaffolding services in Guyana

Noble Finance Company, an affiliate of Noble Corporation, has issued a Request for Information (RFI) to pre-qualify companies capable of delivering scaffolding services offshore...
NewsOilNOW -

Technology and talent driving Blue Water Shipping’s success in Guyana

Companies that have managed to balance training, competency enhancement, and investment are among the “most successful” in Guyana’s booming energy sector. And those very...
NewsShikema Dey -

Could CGX’s loss be another company’s reward? The Wei-1 scenario

When CGX Energy Inc. announced a discovery at the Kawa-1 well in February 2022, expectations soared. For the first time in 20 years, CGX...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

From curiosity to career: Trainee Derrickman finds purpose on Stena DrillMAX

Steve Sirkissoon has always been fascinated by the offshore world. Now, as a trainee derrickman aboard the Stena DrillMAX, he's living that dream. “It's a...

Oil Law 101

Oil Law 101Joanna Simmons -

The PAA Series: Management Themes (Part 5)

In Management Themes (Part 4), we completed our discussion on exploration and discovery.  Through the provisions of the Petroleum Activities Act 17 of 2023...

Local Content

NewsOilNOW -

Halliburton hosts groundbreaking student hackathon at SEOGS 2025

Halliburton concluded its first-ever Student Hackathon at the Suriname Energy, Oil & Gas Summit (SEOGS) 2025, highlighting emerging talent and digital innovation in the...

Regional

Latest News

NewsOilNOW -

Exxon gives back 9% of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the government, fulfilling a contractual obligation...
News

‘Entirely misleading’ – ExxonMobil rejects media comparisons of IFRS profits and oil profit share

OilNOW -
ExxonMobil Guyana’s Vice President and Chief Financial Officer, John A. Colling, has rejected recent claims in the local media...
News

Noble launches pre-qualification for offshore scaffolding services in Guyana

OilNOW -
Noble Finance Company, an affiliate of Noble Corporation, has issued a Request for Information (RFI) to pre-qualify companies capable...
News

Technology and talent driving Blue Water Shipping’s success in Guyana

OilNOW -
Companies that have managed to balance training, competency enhancement, and investment are among the “most successful” in Guyana’s booming...
News

Could CGX’s loss be another company’s reward? The Wei-1 scenario

Shikema Dey -
When CGX Energy Inc. announced a discovery at the Kawa-1 well in February 2022, expectations soared. For the first...
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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...
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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

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 May oil output hits new high as Liza 2 and Payara ramp up

Guyana’s offshore oil production reached a new milestone in May 2025, averaging an all-time high of 667,000 barrels per day (b/d). The surge represents...

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 -

MODEC partners with STEMGuyana to support learning pods

MODEC has partnered with STEMGuyana to support its Learning Pods initiative, ensuring continued access to after-school education in Math, Science, English, and Technology for...

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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