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Trinidad moves ultra-deepwater push forward with ExxonMobil, Oxy PSC signing

News OilNOW -
Trinidad and Tobago has signed a Production Sharing Contract for the TTUD-1 Block with ExxonMobil Trinidad and Tobago Limited...

ExxonMobil wants Guyanese firms to play leading role across fabrication value chain

News OilNOW -
ExxonMobil Guyana wants local companies to play a larger role across the full fabrication value chain as offshore activity...

Collateral-free Development Bank to offer local entrepreneurs a pathway into Guyana’s oil and gas industry

News Trichell Sobers -
Guyanese entrepreneurs seeking to enter the oil and gas sector could soon access collateral-free, interest-free financing through the proposed...

Exxon reports US$8.1 billion in Guyana revenue from 102 oil lifts in 2025

News OilNOW -
ExxonMobil Guyana generated US$8.1 billion (approx. GYD $1.7 trillion) in revenue in 2025, supported by 102 crude oil lifts...

Saipem opens procurement opportunity for Guyanese businesses to provide vulcanizing services

News OilNOW -
Guyanese businesses are being invited to submit bids for vulcanizing services under a new request for information issued by...

Guyanese team delivers high-level fabrication work for FPSO with zero harm, defects

News Shikema Dey -
A Guyanese team has completed high-pressure process piping fabrication for the Liza Unity FPSO with zero harm, zero weld...

ExxonMobil, Hess see reduced Guyana profit in 2025 due to lower prices

News Kemol King -
Both ExxonMobil and Hess saw reduced profits in Guyana, according to financial statements seen by OilNOW.  ExxonMobil’s profit was US$4.67...

Guyana races toward million-barrel status in one of offshore oil’s fastest ramp-ups

News OilNOW -
Guyana’s oil production has climbed from a standing start in December 2019 to over 900,000 barrels per day in...

Exxon to complete Stabroek Block dredging works by November 2026

News OilNOW -
ExxonMobil Guyana will carry out dredging operations in the Stabroek Block offshore Guyana, with operations expected to conclude on...

SEOGS 2026 expands with Local Content Forum as Suriname mulls key oil policy

News OilNOW -
The Suriname Energy, Oil & Gas Summit & Exhibition will add a dedicated Local Content Forum in 2026 as...

2024 EITI report submitted as Guyana prepares for second validation

News OilNOW -
Guyana has submitted its 2024 Extractive Industries Transparency Initiative (EITI) report as the country prepares for its second validation...

Petronas gas find strengthens Suriname’s push for offshore natural gas exploration

News OilNOW -
Petronas’ gas discovery at the Sloanea field has strengthened Suriname’s push for more offshore natural gas exploration, Minister of...
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