ExxonMobil is drilling the Hammerhead-4 appraisal well offshore Guyana, ahead of its Hammerhead development project, which aims to produce oil from the 2018 discovery.  According to ExxonMobil Guyana President Alistair Routledge, the appraisal drilling of Hammerhead-4 is a crucial step in further...

The Stena Carron has commenced appraisal drilling at the Hammerhead-4 well at the Stabroek Block offshore Guyana. This is according to the country's Maritime Administration Department.  Drilling activities are expected to conclude at the end of October. Exxon announced a...

The field development plan for ExxonMobil’s Hammerhead project is expected in the first quarter of 2025, according to Guyana's Minister of Natural Resources Vickram Bharrat.  “...then we will do our necessary due diligence with the view of issuing the license...

By Tash Doimen & Dr. Terrence Blackman - OilNOW The world’s newest major oil producer, Guyana, is a hot topic in D.C. today. U.S. Secretary of State Anthony Blinken visited the country in early July, marking only the second time...

By Dr. Lorraine Sobers - OilNOW The Energy Chamber of Trinidad and Tobago hosted the Caribbean Sustainable Energy Conference (CSEC) 2023 on June 5-7 at the Hyatt Regency, Port of Spain, Trinidad. The energy transition facing the sector, net-zero...

Demerara Integrated Logistics Inc. has delivered a second vessel to support ExxonMobil’s operations offshore Guyana - this time, for the Gas-to-Energy (GtE) project.  The latest vessel to be delivered - Knockout P - a DP2 platform supply vessel (PSV) will...

By Dr. Lorraine Sobers - OilNOW Reliable power generation and distribution is critical to Guyana’s ability to provide essential services such as healthcare, communication, and commerce. In less than a decade, its power generation sector must create systems and networks...

By Dr. Lorraine Sobers - OilNOW Guyana is facing an exciting future as it makes its mark in the energy sector with oil production soon to exceed one million barrels per day and plans underway to bring natural gas to...

As oil producers in the Latin America region mull a balancing act between petroleum extraction and sustainability, Americas Market Intelligence has predicted that the all-time high oil price brought on by the Russian invasion of Ukraine will delay the...

With the oil price at an all-time high and set to go even higher, Richard Rambarran, a lecturer of economics at the University of Guyana, Tuesday urged Guyana to consider establishing a modular refinery to meet at least its...