Latest News

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Guyana represented just 4.2% of ExxonMobil’s global asset portfolio in 2024

Despite its role as one of the fastest-growing oil producers in ExxonMobil’s global portfolio, Guyana accounted for just 4.2% of the energy giant’s total...
NewsOilNOW -

Foreign labour may be needed to fill skills gap for Suriname’s oil future – Staatsolie Chief

Annand Jagesar, Managing Director of Staatsolie, believes that Suriname is facing a shortage of skilled labor as it prepares for offshore oil production.  During a...
NewsOilNOW -

Chinese Wison New Energies contracted to study floating liquefied natural gas facility at Suriname’s Block 52

Wison New Energies -  a leading provider of clean energy technology and solutions headquartered in Shanghai - has been contracted to conduct a...
Guyana's Oil LedgerKemol King -

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s 648,000 b/d. Despite the daily...
NewsOilNOW -

Despite Dragon gas setback, Trinidad still has other viable gas projects in the pipeline

Trinidad and Tobago's Dragon gas project, once considered key to restoring gas production in the Caribbean nation, was halted by the Trump administration due...
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Latest News

NewsOilNOW -

Guyana represented just 4.2% of ExxonMobil’s global asset portfolio in 2024

Despite its role as one of the fastest-growing oil producers in ExxonMobil’s global portfolio, Guyana accounted for just 4.2% of the energy giant’s total...
NewsOilNOW -

Foreign labour may be needed to fill skills gap for Suriname’s oil future – Staatsolie Chief

Annand Jagesar, Managing Director of Staatsolie, believes that Suriname is facing a shortage of skilled labor as it prepares for offshore oil production.  During a...
NewsOilNOW -

Chinese Wison New Energies contracted to study floating liquefied natural gas facility at Suriname’s Block 52

Wison New Energies -  a leading provider of clean energy technology and solutions headquartered in Shanghai - has been contracted to conduct a...
Guyana's Oil LedgerKemol King -

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s 648,000 b/d. Despite the daily...
NewsOilNOW -

Despite Dragon gas setback, Trinidad still has other viable gas projects in the pipeline

Trinidad and Tobago's Dragon gas project, once considered key to restoring gas production in the Caribbean nation, was halted by the Trump administration due...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Katina Benn champions gender equality in Guyana’s Maritime sector​

Katina Benn, President of the Women in Maritime Association Caribbean (WiMAC) – Guyana Chapter Inc., has been instrumental in advancing gender equality within Guyana's...

Oil Law 101

Oil Law 101Joanna Simmons -

The PAA Series: Management Themes (Part 3)

In Management Themes (Part 2), we saw that access to Guyana’s petroleum resources is primarily done through the conduct and regulation of petroleum operations....

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 -

Guyana represented just 4.2% of ExxonMobil’s global asset portfolio in 2024

Despite its role as one of the fastest-growing oil producers in ExxonMobil’s global portfolio, Guyana accounted for just 4.2% of the energy giant’s total...
News

Foreign labour may be needed to fill skills gap for Suriname’s oil future – Staatsolie Chief

OilNOW -
Annand Jagesar, Managing Director of Staatsolie, believes that Suriname is facing a shortage of skilled labor as it prepares...
News

Chinese Wison New Energies contracted to study floating liquefied natural gas facility at Suriname’s Block 52

OilNOW -
Wison New Energies -  a leading provider of clean energy technology and solutions headquartered in Shanghai - has...
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...
News

Despite Dragon gas setback, Trinidad still has other viable gas projects in the pipeline

OilNOW -
Trinidad and Tobago's Dragon gas project, once considered key to restoring gas production in the Caribbean nation, was halted...
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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

OilNOW -
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 -

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s 648,000 b/d. Despite the daily...
Guyana's Oil Ledger

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

Kemol King -
Crude oil production offshore Guyana averaged 620,000 barrels per day (b/d) in January, the lowest it’s been since August...
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...
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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 -

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s 648,000 b/d. Despite the daily...

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...

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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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