Latest News

NewsShikema Dey -

US$100 per barrel scenario would ‘remove any remaining hesitation’ and speed up Guyana project sequencing – Rystad Energy says

Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies more willing to accelerate offshore...
NewsOilNOW -

TotalEnergies’ GranMorgu project to feature 50,000 ton topside, 500 MMcf/d gas capacity

Rystad Energy said TotalEnergies’ GranMorgu development offshore Suriname will feature a 50,000 ton topside and gas-processing capacity of 500 million cubic feet per day...
NewsTrichell Sobers -

‘Use energy revenues as a catalyst, not a crutch’- Go-Invest Head

Oil and gas revenues from exploration activities at the Stabroek Block are being used as a catalyst to expand Guyana’s non-oil economy and strengthen...
NewsShikema Dey -

JPMorgan sees Brent price hitting triple digits if Strait disruption persists; currently trading at US$80 per barrel 

Brent crude could trade in the range of US$100 to US$120 per barrel if disruption at the Strait of Hormuz lasts more than three...
NewsOilNOW -

How offshore block relinquishment works in Guyana

ExxonMobil’s Canje Block is on course to expire this week, setting the stage for a full relinquishment of the offshore deepwater acreage. Relinquishments are a...
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Latest News

NewsShikema Dey -

US$100 per barrel scenario would ‘remove any remaining hesitation’ and speed up Guyana project sequencing – Rystad Energy says

Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies more willing to accelerate offshore...
NewsOilNOW -

TotalEnergies’ GranMorgu project to feature 50,000 ton topside, 500 MMcf/d gas capacity

Rystad Energy said TotalEnergies’ GranMorgu development offshore Suriname will feature a 50,000 ton topside and gas-processing capacity of 500 million cubic feet per day...
NewsTrichell Sobers -

‘Use energy revenues as a catalyst, not a crutch’- Go-Invest Head

Oil and gas revenues from exploration activities at the Stabroek Block are being used as a catalyst to expand Guyana’s non-oil economy and strengthen...
NewsShikema Dey -

JPMorgan sees Brent price hitting triple digits if Strait disruption persists; currently trading at US$80 per barrel 

Brent crude could trade in the range of US$100 to US$120 per barrel if disruption at the Strait of Hormuz lasts more than three...
NewsOilNOW -

How offshore block relinquishment works in Guyana

ExxonMobil’s Canje Block is on course to expire this week, setting the stage for a full relinquishment of the offshore deepwater acreage. Relinquishments are a...
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Stories Beyond the Barrel

NewsOilNOW -

From national badminton champion to offshore safety leader: Nicolas Ali on raising food standards in Guyana

Nicolas Ali, Quality, Health and Safety, Food Safety and Environmental Manager at Newrest Guyana, says developing people and strengthening systems offshore is the most...

Local Content

NewsOilNOW -

Suriname’s Local Content board moves to accelerate stakeholder coordination toward 2028 first oil

PARAMARIBO, SURINAME – With 2028 first oil in focus, Suriname’s Local Content Board (LCB) has set its sights on strengthening coordination and tackling regulatory...

Rules of the Game

Rules of the GameIşıl Güneş -

Senate vote could open French Guiana to exploration – what it could mean for Guyana and Suriname

A vote in France’s Senate could ultimately reshape the competitive and geological landscape of the Guyana-Suriname Basin, with potential implications for both Guyana’s Stabroek-led...

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...

Regional

Latest News

NewsShikema Dey -

US$100 per barrel scenario would ‘remove any remaining hesitation’ and speed up Guyana project sequencing – Rystad Energy says

Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies more willing to accelerate offshore...
News

TotalEnergies’ GranMorgu project to feature 50,000 ton topside, 500 MMcf/d gas capacity

OilNOW -
Rystad Energy said TotalEnergies’ GranMorgu development offshore Suriname will feature a 50,000 ton topside and gas-processing capacity of 500...
News

‘Use energy revenues as a catalyst, not a crutch’- Go-Invest Head

Trichell Sobers -
Oil and gas revenues from exploration activities at the Stabroek Block are being used as a catalyst to expand...
News

JPMorgan sees Brent price hitting triple digits if Strait disruption persists; currently trading at US$80 per barrel 

Shikema Dey -
Brent crude could trade in the range of US$100 to US$120 per barrel if disruption at the Strait of...
News

How offshore block relinquishment works in Guyana

OilNOW -
ExxonMobil’s Canje Block is on course to expire this week, setting the stage for a full relinquishment of the...
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Exploration

ExplorationShikema Dey -

ExxonMobil advances Goatfish-1 drilling in Southeast portion of Stabroek Block

ExxonMobil Guyana Limited on February 19, 2026 continued exploration drilling at the Goatfish-1 well site in the Stabroek Block, according to a notice issued...
Exploration

NGL facility,  228 MW from Guyana’s Gas-to-Energy plant this year – Brassington

Shikema Dey -
Winston Brassington, head of Guyana’s Gas-to-Energy Taskforce, said the Natural Gas Liquids (NGL) facility at Wales will be ready...
Exploration

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

Shikema Dey -
Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the...
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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 -

Guyana received almost US$10 million per day in January oil payments

Guyana’s Natural Resource Fund (NRF) received almost US$10 million per day in oil revenues in January, as payments for the last crude cargoes produced...

Energy Insights

Energy InsightsChevy Devonish -

The TotalEnergies 2025 PSA: A Modern, Modular Approach to Petroleum Sharing Agreements 

On November 11, 2025, the Government of Guyana (GoG), through the Ministry of Natural Resources (MoNR), signed a Petroleum Sharing Agreement (PSA) with the...

Sponsored Content

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UAL sees regional cargo upside as Guyana and Suriname offshore activity expands

Universal Africa Lines (UAL) is aligning its shipping network around rising offshore oil and gas activity in Guyana and Suriname, with increased sailings 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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