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Nigeria’s Petroleum Commission confirms ExxonMobil’s US$1.5B investment in the country’s deepwater oil sector

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that ExxonMobil will invest $1.5 billion in Nigeria’s deepwater oil sector between the second quarter...
OpinionsOilNOW -

Guyana’s AI Future: How First Oil is Fueling a Rising Digital Doctrine 

Guyana is emerging as a rare alignment zone—a geographic and technological triangle where energy intensive data centers, dispatchable low-carbon power, and carbon capture can...
NewsOilNOW -

GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil company Staatsolie revealed in its...
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Hess spent most of its Q1 2025 capital budget on Guyana

Hess Corporation directed the majority of its capital and exploratory expenditures in the first quarter of 2025 to operations in Guyana, as the country...
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GAIMMS Guyana launches first welding and fabrication workshop to train locals for energy sector

GAIMMS Guyana launched its first Welding and Fabrication Workshop aimed at equipping local apprentices with global-standard skills for the energy sector. The program combines classroom...
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Latest News

NewsOilNOW -

Nigeria’s Petroleum Commission confirms ExxonMobil’s US$1.5B investment in the country’s deepwater oil sector

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that ExxonMobil will invest $1.5 billion in Nigeria’s deepwater oil sector between the second quarter...
OpinionsOilNOW -

Guyana’s AI Future: How First Oil is Fueling a Rising Digital Doctrine 

Guyana is emerging as a rare alignment zone—a geographic and technological triangle where energy intensive data centers, dispatchable low-carbon power, and carbon capture can...
NewsOilNOW -

GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil company Staatsolie revealed in its...
NewsOilNOW -

Hess spent most of its Q1 2025 capital budget on Guyana

Hess Corporation directed the majority of its capital and exploratory expenditures in the first quarter of 2025 to operations in Guyana, as the country...
NewsOilNOW -

GAIMMS Guyana launches first welding and fabrication workshop to train locals for energy sector

GAIMMS Guyana launched its first Welding and Fabrication Workshop aimed at equipping local apprentices with global-standard skills for the energy sector. The program combines classroom...
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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 4)

In Management Themes (Part 3), we discussed matters relating to the discovery of petroleum and highlighted the significant allotments of time, activities and expenditure...

Local Content

NewsOilNOW -

GAIMMS Guyana launches first welding and fabrication workshop to train locals for energy sector

GAIMMS Guyana launched its first Welding and Fabrication Workshop aimed at equipping local apprentices with global-standard skills for the energy sector. The program combines classroom...

Regional

Latest News

NewsOilNOW -

Nigeria’s Petroleum Commission confirms ExxonMobil’s US$1.5B investment in the country’s deepwater oil sector

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that ExxonMobil will invest $1.5 billion in Nigeria’s deepwater oil sector between the second quarter...
Opinions

Guyana’s AI Future: How First Oil is Fueling a Rising Digital Doctrine 

OilNOW -
Guyana is emerging as a rare alignment zone—a geographic and technological triangle where energy intensive data centers, dispatchable low-carbon...
News

GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

OilNOW -
Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...
News

Hess spent most of its Q1 2025 capital budget on Guyana

OilNOW -
Hess Corporation directed the majority of its capital and exploratory expenditures in the first quarter of 2025 to operations...
News

GAIMMS Guyana launches first welding and fabrication workshop to train locals for energy sector

OilNOW -
GAIMMS Guyana launched its first Welding and Fabrication Workshop aimed at equipping local apprentices with global-standard skills for the...
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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

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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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