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Suriname urged to focus on gradual workforce development in oil sector – Atlas Professional Director 

Suriname’s energy sector must align its local content ambitions with the country’s workforce capacity, advises Lourdes Landa Thierry, South America Business Director at Atlas...
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...
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MODEC wins full scope for ExxonMobil’s Hammerhead FPSO in Guyana

Japan’s MODEC said on Tuesday it has been awarded the full engineering, procurement, construction and installation (EPCI) contract to deliver a floating production, storage...
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Baker Hughes wins major Petrobras contract for 50 subsea tree systems

Baker Hughes announced Monday that it has secured a significant award from Petrobras to supply up to 50 subsea tree systems and associated services...
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Touchstone pushes ahead with Cascadura completions, divests Fyzabad asset

Touchstone Exploration Inc. has entered the completion phase at its Cascadura development in Trinidad, advancing a strategic portfolio shift. In a September 29 update, the...
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NewsOilNOW -

Suriname urged to focus on gradual workforce development in oil sector – Atlas Professional Director 

Suriname’s energy sector must align its local content ambitions with the country’s workforce capacity, advises Lourdes Landa Thierry, South America Business Director at Atlas...
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...
NewsOilNOW -

MODEC wins full scope for ExxonMobil’s Hammerhead FPSO in Guyana

Japan’s MODEC said on Tuesday it has been awarded the full engineering, procurement, construction and installation (EPCI) contract to deliver a floating production, storage...
NewsOilNOW -

Baker Hughes wins major Petrobras contract for 50 subsea tree systems

Baker Hughes announced Monday that it has secured a significant award from Petrobras to supply up to 50 subsea tree systems and associated services...
NewsOilNOW -

Touchstone pushes ahead with Cascadura completions, divests Fyzabad asset

Touchstone Exploration Inc. has entered the completion phase at its Cascadura development in Trinidad, advancing a strategic portfolio shift. In a September 29 update, the...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Kavita Khan: Driving finance in Guyana’s oil sector

For Senior Accountant Kavita Khan, TechnipFMC first caught her attention through a presentation. “One of the managers… was going around to different companies that...

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 -

How exploration and production are governed in Suriname – Part 1

PARAMARIBO, SURINAME – Suriname’s petroleum industry is governed by the Petroleum Law of 1990, enacted in 1991 (S.B. 1991 no. 7) and amended in...

Local Content

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Suriname urged to focus on gradual workforce development in oil sector – Atlas Professional Director 

Suriname’s energy sector must align its local content ambitions with the country’s workforce capacity, advises Lourdes Landa Thierry, South America Business Director at Atlas...

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Latest News

NewsOilNOW -

Suriname urged to focus on gradual workforce development in oil sector – Atlas Professional Director 

Suriname’s energy sector must align its local content ambitions with the country’s workforce capacity, advises Lourdes Landa Thierry, South America Business Director at Atlas...
Fuel for Thought

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

Joanna Simmons -
In PAA Series: Environmental Management - Decommissioning Part 2, we highlighted that, “The most significant steps in reducing adverse...
News

MODEC wins full scope for ExxonMobil’s Hammerhead FPSO in Guyana

OilNOW -
Japan’s MODEC said on Tuesday it has been awarded the full engineering, procurement, construction and installation (EPCI) contract to...
News

Baker Hughes wins major Petrobras contract for 50 subsea tree systems

OilNOW -
Baker Hughes announced Monday that it has secured a significant award from Petrobras to supply up to 50 subsea...
News

Touchstone pushes ahead with Cascadura completions, divests Fyzabad asset

OilNOW -
Touchstone Exploration Inc. has entered the completion phase at its Cascadura development in Trinidad, advancing a strategic portfolio shift. In...
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Exploration

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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 

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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

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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

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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 

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(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

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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 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...

Energy Insights

Energy InsightsChevy Devonish -

Unlimited Liability and Specified Assurance: Understanding Environmental Responsibility in Guyana’s Oil and Gas Sector

Today, we continue our series on the Oil Pollution Prevention, Preparedness, Response, and Responsibility Act of 2025 (OPPPRR) by seeking to clarify the nature...

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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...

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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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