Latest News

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World’s largest EV brand now in Guyana, adding momentum to vehicle transition

The world’s largest electric vehicle (EV) manufacturer, BYD, has officially entered the Guyanese market through GT Automotive, a move that could catalyze quicker EV...
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DOF caps 2024 with US$2B in contracts and high fleet utilisation

DOF Subsea reported a record performance in 2024, driven by strong market activity across all regions. The Group said it achieved 88% fleet utilisation,...
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Guyana rejects China’s border controversy comments, points out silence on Venezuela’s election plans 

The Government of Guyana has addressed a recent call from China’s Embassy in Georgetown for Guyana and Venezuela to resolve their decades-old border controversy...
NewsOilNOW -

Exxon seismic survey at Stabroek Block to continue through 2025

ExxonMobil Guyana Limited will continue its Ocean Bottom Node Seismic Surveying operations in Guyana’s Exclusive Economic Zone until December 31, 2025. The activities are...
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Trinidad offers scholarships to citizens to meet petroleum industry needs

The government of Trinidad and Tobago has opened applications for ten scholarships aimed at bolstering the country’s petroleum and natural gas sectors through the...
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Latest News

NewsOilNOW -

World’s largest EV brand now in Guyana, adding momentum to vehicle transition

The world’s largest electric vehicle (EV) manufacturer, BYD, has officially entered the Guyanese market through GT Automotive, a move that could catalyze quicker EV...
NewsOilNOW -

DOF caps 2024 with US$2B in contracts and high fleet utilisation

DOF Subsea reported a record performance in 2024, driven by strong market activity across all regions. The Group said it achieved 88% fleet utilisation,...
NewsOilNOW -

Guyana rejects China’s border controversy comments, points out silence on Venezuela’s election plans 

The Government of Guyana has addressed a recent call from China’s Embassy in Georgetown for Guyana and Venezuela to resolve their decades-old border controversy...
NewsOilNOW -

Exxon seismic survey at Stabroek Block to continue through 2025

ExxonMobil Guyana Limited will continue its Ocean Bottom Node Seismic Surveying operations in Guyana’s Exclusive Economic Zone until December 31, 2025. The activities are...
NewsOilNOW -

Trinidad offers scholarships to citizens to meet petroleum industry needs

The government of Trinidad and Tobago has opened applications for ten scholarships aimed at bolstering the country’s petroleum and natural gas sectors through the...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Christina Ramroop drives bold local content action at Stena Drilling

Christina Ramroop serves as Stena Drilling’s Administration and Local Content Officer in Guyana. Her role allows her to develop professionally while making a meaningful...

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

NewsOilNOW -

Halliburton launches 2025 recruitment for development excellence engineer program in Guyana

Halliburton has announced the launch of its 2025 recruitment drive for the Development Excellence Engineer Program (DEEP) in Guyana. The global energy services provider is...

Regional

Latest News

NewsOilNOW -

World’s largest EV brand now in Guyana, adding momentum to vehicle transition

The world’s largest electric vehicle (EV) manufacturer, BYD, has officially entered the Guyanese market through GT Automotive, a move that could catalyze quicker EV...
News

DOF caps 2024 with US$2B in contracts and high fleet utilisation

OilNOW -
DOF Subsea reported a record performance in 2024, driven by strong market activity across all regions. The Group said...
News

Guyana rejects China’s border controversy comments, points out silence on Venezuela’s election plans 

OilNOW -
The Government of Guyana has addressed a recent call from China’s Embassy in Georgetown for Guyana and Venezuela to...
News

Exxon seismic survey at Stabroek Block to continue through 2025

OilNOW -
ExxonMobil Guyana Limited will continue its Ocean Bottom Node Seismic Surveying operations in Guyana’s Exclusive Economic Zone until December...
News

Trinidad offers scholarships to citizens to meet petroleum industry needs

OilNOW -
The government of Trinidad and Tobago has opened applications for ten scholarships aimed at bolstering the country’s petroleum and...
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Exploration

ExplorationOilNOW -

ExxonMobil to appraise 2022 Barreleye discovery 

ExxonMobil is engaged in appraisal drilling operations at the Barreleye-2 well of the Stabroek Block.  The operation started on April 6, using the Stena Carron...
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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...
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...
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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 first quarter oil revenues top US$600 million despite lower prices

Guyana’s Natural Resource Fund (NRF) recorded deposits totaling US$605.46 million (GY$126.24 billion) in the first quarter of 2025, representing earnings from the sale of...

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

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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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