Latest News

NewsKemol King -

Exxon-led group recovers over US$35.9 billion in costs from Guyana oil projects

ExxonMobil and its partners Chevron (formerly Hess) and CNOOC have recovered approximately US$35.9 billion in exploration, development and other costs from oil production in...
NewsOilNOW -

Guyana has struck the perfect balance between oil development and environmental protection – Bharrat

Guyana’s rapid rise as an oil-producing nation has not come at the expense of its environmental credentials, Minister of Natural Resources Vickram Bharrat said...
NewsOilNOW -

TechnipFMC seeks local companies for offshore services in Guyana

TechnipFMC has issued a Request for Expression of Interest (EOI) for companies to support upcoming offshore projects in Guyana.  Interested suppliers must be registered with...
OpinionsOilNOW -

Letter-to-the-Editor: Empowering Guyanese youth in the offshore energy sector

Dear Editor, As a recent graduate of the University of Guyana, I've been reflecting on the future that lies ahead for my generation in Guyana....
NewsOilNOW -

‘Guyana is not sitting still’ — President outlines aggressive maritime reforms to support oil-led growth

With Guyana’s economy rapidly expanding on the back of its oil and gas sector, President Irfaan Ali has issued a clear signal to investors...
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Latest News

NewsKemol King -

Exxon-led group recovers over US$35.9 billion in costs from Guyana oil projects

ExxonMobil and its partners Chevron (formerly Hess) and CNOOC have recovered approximately US$35.9 billion in exploration, development and other costs from oil production in...
NewsOilNOW -

Guyana has struck the perfect balance between oil development and environmental protection – Bharrat

Guyana’s rapid rise as an oil-producing nation has not come at the expense of its environmental credentials, Minister of Natural Resources Vickram Bharrat said...
NewsOilNOW -

TechnipFMC seeks local companies for offshore services in Guyana

TechnipFMC has issued a Request for Expression of Interest (EOI) for companies to support upcoming offshore projects in Guyana.  Interested suppliers must be registered with...
OpinionsOilNOW -

Letter-to-the-Editor: Empowering Guyanese youth in the offshore energy sector

Dear Editor, As a recent graduate of the University of Guyana, I've been reflecting on the future that lies ahead for my generation in Guyana....
NewsOilNOW -

‘Guyana is not sitting still’ — President outlines aggressive maritime reforms to support oil-led growth

With Guyana’s economy rapidly expanding on the back of its oil and gas sector, President Irfaan Ali has issued a clear signal to investors...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Voices from the DrillMAX: Guyanese talent is driving offshore operations

Aboard the Stena DrillMAX, Guyanese professionals are playing key roles in keeping offshore operations in tip-top shape. In the latest edition of Energy Magazine...

Oil Law 101

Oil Law 101Joanna Simmons -

The PAA Series: Management Themes (Part 6)

Management Themes (Part 5) introduced our discussions of matters pertaining to the development and production of a petroleum discovery. We began our review with...

Local Content

NewsOilNOW -

ExxonMobil to meet Guyana vendors about its contracting processes

ExxonMobil Guyana Limited (EMGL) will host a virtual meeting with local vendors on August 19 to discuss its contracting activity and procurement procedures, according...

Regional

Latest News

NewsKemol King -

Exxon-led group recovers over US$35.9 billion in costs from Guyana oil projects

ExxonMobil and its partners Chevron (formerly Hess) and CNOOC have recovered approximately US$35.9 billion in exploration, development and other costs from oil production in...
News

Guyana has struck the perfect balance between oil development and environmental protection – Bharrat

OilNOW -
Guyana’s rapid rise as an oil-producing nation has not come at the expense of its environmental credentials, Minister of...
News

TechnipFMC seeks local companies for offshore services in Guyana

OilNOW -
TechnipFMC has issued a Request for Expression of Interest (EOI) for companies to support upcoming offshore projects in Guyana.  Interested...
Opinions

Letter-to-the-Editor: Empowering Guyanese youth in the offshore energy sector

OilNOW -
Dear Editor, As a recent graduate of the University of Guyana, I've been reflecting on the future that lies ahead...
News

‘Guyana is not sitting still’ — President outlines aggressive maritime reforms to support oil-led growth

OilNOW -
With Guyana’s economy rapidly expanding on the back of its oil and gas sector, President Irfaan Ali has issued...
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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...
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...

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 gets another US$191 million from oil sales in June

Guyana earned just over US$191 million (GY$40 billion) from the sale of three oil cargoes (each about a million barrels) in June, bringing total...

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 -

Guyana Electric boosts grid reliability with specialized high-voltage training

Guyana Electric has launched specialized training courses in medium and high-voltage cable terminations and joints, aimed at improving installation practices and network reliability. Chief...

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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