Latest News

NewsShikema Dey -

Venezuela risks more sanctions if unlawful election is held in Essequibo this May – Greenidge 

Venezuela risks triggering even more international sanctions if it proceeds with its unlawful elections in Guyana’s Essequibo region. The International Court of Justice (ICJ)...
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Guyana’s oil boom being managed with deliberate and prudent policy, says Economist Richard Rambarran

Concerns about economic overheating in oil-rich Guyana were addressed head-on by economist Richard Rambarran last week at the Offshore Technology Conference. He credits strong...
NewsOilNOW -

Improvements in infrastructure, productivity pushing Guyana’s non-oil GDP – IMF

Guyana’s oil sector is projected to account for a slightly smaller share of the country’s economy in 2025 for the first time since offshore...
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Why learning on the job still works best: Insights from Blue Water Shipping Guyana 

Richard De Nobrega, Senior Vice President, Sales & Development, at Blue Water Shipping, recently shared insights into how his team approaches training, emphasizing the...
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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...
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Trending

Latest News

NewsShikema Dey -

Venezuela risks more sanctions if unlawful election is held in Essequibo this May – Greenidge 

Venezuela risks triggering even more international sanctions if it proceeds with its unlawful elections in Guyana’s Essequibo region. The International Court of Justice (ICJ)...
NewsOilNOW -

Guyana’s oil boom being managed with deliberate and prudent policy, says Economist Richard Rambarran

Concerns about economic overheating in oil-rich Guyana were addressed head-on by economist Richard Rambarran last week at the Offshore Technology Conference. He credits strong...
NewsOilNOW -

Improvements in infrastructure, productivity pushing Guyana’s non-oil GDP – IMF

Guyana’s oil sector is projected to account for a slightly smaller share of the country’s economy in 2025 for the first time since offshore...
NewsOilNOW -

Why learning on the job still works best: Insights from Blue Water Shipping Guyana 

Richard De Nobrega, Senior Vice President, Sales & Development, at Blue Water Shipping, recently shared insights into how his team approaches training, emphasizing the...
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...
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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

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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...

Regional

Latest News

NewsShikema Dey -

Venezuela risks more sanctions if unlawful election is held in Essequibo this May – Greenidge 

Venezuela risks triggering even more international sanctions if it proceeds with its unlawful elections in Guyana’s Essequibo region. The International Court of Justice (ICJ)...
News

Guyana’s oil boom being managed with deliberate and prudent policy, says Economist Richard Rambarran

OilNOW -
Concerns about economic overheating in oil-rich Guyana were addressed head-on by economist Richard Rambarran last week at the Offshore...
News

Improvements in infrastructure, productivity pushing Guyana’s non-oil GDP – IMF

OilNOW -
Guyana’s oil sector is projected to account for a slightly smaller share of the country’s economy in 2025 for...
News

Why learning on the job still works best: Insights from Blue Water Shipping Guyana 

OilNOW -
Richard De Nobrega, Senior Vice President, Sales & Development, at Blue Water Shipping, recently shared insights into how his...
News

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

OilNOW -
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that ExxonMobil will invest $1.5 billion in Nigeria’s deepwater oil...
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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...

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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