Latest News

NewsShikema Dey -

Second local catering consortium to launch this year – Local Content Head

By mid-2025, a second local catering consortium is anticipated to launch, targeting Guyana’s oil and gas industry. Dr. Martin Pertab, Director of the Local...
NewsShikema Dey -

Ali: Guyanese must invest in the country’s energy future 

President Dr. Irfaan Ali made a strong call for Guyanese investors to directly participate in the country’s booming energy sector. Speaking at the 2025...
NewsOilNOW -

Oil exports largely responsible for Guyana’s trade surplus with U.S.

Guyana’s export of oil is largely responsible for the country's trade surplus with the United States. This surplus was a deciding factor in the...
OpinionsOilNOW -

Letter-to-the-Editor: All efforts must be made to ensure workers are not left behind in the nation’s economic transformation

Dear Editor, As I continue to work in public communications,  after speaking with the average citizen on a regular basis, I find that more people...
NewsOilNOW -

Petronas to launch 257-day drilling campaign offshore Suriname in June

Petronas will begin a 257-day, three-well drilling campaign in Suriname’s offshore Block 52 in June. The program details were disclosed in documents submitted to...
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Latest News

NewsShikema Dey -

Second local catering consortium to launch this year – Local Content Head

By mid-2025, a second local catering consortium is anticipated to launch, targeting Guyana’s oil and gas industry. Dr. Martin Pertab, Director of the Local...
NewsShikema Dey -

Ali: Guyanese must invest in the country’s energy future 

President Dr. Irfaan Ali made a strong call for Guyanese investors to directly participate in the country’s booming energy sector. Speaking at the 2025...
NewsOilNOW -

Oil exports largely responsible for Guyana’s trade surplus with U.S.

Guyana’s export of oil is largely responsible for the country's trade surplus with the United States. This surplus was a deciding factor in the...
OpinionsOilNOW -

Letter-to-the-Editor: All efforts must be made to ensure workers are not left behind in the nation’s economic transformation

Dear Editor, As I continue to work in public communications,  after speaking with the average citizen on a regular basis, I find that more people...
NewsOilNOW -

Petronas to launch 257-day drilling campaign offshore Suriname in June

Petronas will begin a 257-day, three-well drilling campaign in Suriname’s offshore Block 52 in June. The program details were disclosed in documents submitted to...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Meet Elroy Vankennie: GYSBI’s first Guyanese QHSSE Manager 

Elroy Vankennie is the first Guyanese to hold the role of Quality Health Safety Security and Environment (QHSSE) Manager at Guyana Shore Base Inc....

Oil Law 101

Oil Law 101Joanna Simmons -

The PAA Series: Management Themes (Part 2)

Management Themes (Part 1) explored the ownership, licensing and environmental management themes and highlighted corresponding legislative provisions within the Petroleum Activities Act 17 of...

Local Content

NewsShikema Dey -

Ali: Guyanese must invest in the country’s energy future 

President Dr. Irfaan Ali made a strong call for Guyanese investors to directly participate in the country’s booming energy sector. Speaking at the 2025...

Regional

Latest News

NewsShikema Dey -

Second local catering consortium to launch this year – Local Content Head

By mid-2025, a second local catering consortium is anticipated to launch, targeting Guyana’s oil and gas industry. Dr. Martin Pertab, Director of the Local...
News

Ali: Guyanese must invest in the country’s energy future 

Shikema Dey -
President Dr. Irfaan Ali made a strong call for Guyanese investors to directly participate in the country’s booming energy...
News

Oil exports largely responsible for Guyana’s trade surplus with U.S.

OilNOW -
Guyana’s export of oil is largely responsible for the country's trade surplus with the United States. This surplus was...
Opinions

Letter-to-the-Editor: All efforts must be made to ensure workers are not left behind in the nation’s economic transformation

OilNOW -
Dear Editor, As I continue to work in public communications,  after speaking with the average citizen on a regular basis,...
News

Petronas to launch 257-day drilling campaign offshore Suriname in June

OilNOW -
Petronas will begin a 257-day, three-well drilling campaign in Suriname’s offshore Block 52 in June. The program details were...
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Exploration

ExplorationOilNOW -

Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to 69 in 2024. In this...
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Exploration

Noble Developer to drill three wells offshore Suriname

OilNOW -
Noble Corporation announced on Monday that it has entered an agreement with PETRONAS Suriname E&P B.V. for the high-specification...
Exploration

Exxon continues appraisal of Haimara gas discovery

OilNOW -
ExxonMobil continues drilling at the Haimara-3 well, appraising its Haimara-1 gas discovery of 2019. Guyana’s Maritime Administration Department (MARAD) said...
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Production

Guyana's Oil LedgerKemol King -

Guyana’s oil production averaged 620,000 bpd in January

Crude oil production offshore Guyana averaged 620,000 barrels per day (b/d) in January, the lowest it’s been since August 2024. The total volume produced...
Guyana's Oil Ledger

Guyana oil production averaged 656,000 b/d in December

Kemol King -
ExxonMobil Guyana produced 20.3 million barrels of crude in December 2024 at an average rate of approximately 656,000 barrels...
News

Six FPSOs targeting over five billion barrels of oil at Stabroek Block – Hess

OilNOW -
Hess Corporation has revealed that nearly half of the Stabroek Block’s massive 11.6-billion-barrel reserve will be tapped with six...
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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’s rate of oil output increased by 5% in February

Guyana’s offshore oil production rate climbed by 5% in February 2025 compared to the previous month, reaching an average of 648,000 barrels per day...

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 -

MODEC partners with STEMGuyana to support learning pods

MODEC has partnered with STEMGuyana to support its Learning Pods initiative, ensuring continued access to after-school education in Math, Science, English, and Technology for...

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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