Latest News

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Guyana tops rankings in total oil discovered since 2015 – Rystad Energy

Since 2015, Guyana has emerged as the global leader in oil discoveries, with unmatched volumes boosting its position in the energy sector, according to...
NewsOilNOW -

Over 100 Guyanese part of Stena Drilling crew

Stena Drilling continues to prioritize local talent in its offshore operations, with over 100 Guyanese now forming a key part of its crew complement.  Stena’s...
NewsOilNOW -

Trinidad Energy Minister Young to assume PM role as Rowley bows out

Stuart Young, Minister of Energy and Energy Industries of Trinidad and Tobago, will be the country’s next Prime Minister. He is set to replace...
NewsOilNOW -

Hammerhead field development plan anticipated this year – Exxon 

Sometime this year, ExxonMobil Guyana is expected to submit the Field Development Plan (FPD) for its Hammerhead project - the 7th proposed development for...
NewsOilNOW -

American Petroleum Institute criticizes Biden administration’s 11th-hour plan to ban new offshore oil and gas activity

The American Petroleum Institute (API) has condemned reports that the Biden administration plans to ban new oil and natural gas activity across millions of...
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Trending

Latest News

NewsOilNOW -

Guyana tops rankings in total oil discovered since 2015 – Rystad Energy

Since 2015, Guyana has emerged as the global leader in oil discoveries, with unmatched volumes boosting its position in the energy sector, according to...
NewsOilNOW -

Over 100 Guyanese part of Stena Drilling crew

Stena Drilling continues to prioritize local talent in its offshore operations, with over 100 Guyanese now forming a key part of its crew complement.  Stena’s...
NewsOilNOW -

Trinidad Energy Minister Young to assume PM role as Rowley bows out

Stuart Young, Minister of Energy and Energy Industries of Trinidad and Tobago, will be the country’s next Prime Minister. He is set to replace...
NewsOilNOW -

Hammerhead field development plan anticipated this year – Exxon 

Sometime this year, ExxonMobil Guyana is expected to submit the Field Development Plan (FPD) for its Hammerhead project - the 7th proposed development for...
NewsOilNOW -

American Petroleum Institute criticizes Biden administration’s 11th-hour plan to ban new offshore oil and gas activity

The American Petroleum Institute (API) has condemned reports that the Biden administration plans to ban new oil and natural gas activity across millions of...
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Stories beyond the barrel

Stories Beyond the BarrelOilNOW -

From hockey to health and safety: Michael Harding’s path to offshore success

Michael Harding, Assistant Safety Officer aboard the Prosperity floating, production, storage, and offloading vessel (FPSO), offers a unique perspective on the oil and gas...

Local Content

NewsOilNOW -

Brazil enacts law enabling flexible local content policies in oil and gas

The Brazilian government has enacted Law 15,075/2024, introducing significant changes to the regulation of local content and production sharing agreements in the oil and...

Regional

Latest News

NewsOilNOW -

Guyana tops rankings in total oil discovered since 2015 – Rystad Energy

Since 2015, Guyana has emerged as the global leader in oil discoveries, with unmatched volumes boosting its position in the energy sector, according to...
News

Over 100 Guyanese part of Stena Drilling crew

OilNOW -
Stena Drilling continues to prioritize local talent in its offshore operations, with over 100 Guyanese now forming a key...
News

Trinidad Energy Minister Young to assume PM role as Rowley bows out

OilNOW -
Stuart Young, Minister of Energy and Energy Industries of Trinidad and Tobago, will be the country’s next Prime Minister....
News

Hammerhead field development plan anticipated this year – Exxon 

OilNOW -
Sometime this year, ExxonMobil Guyana is expected to submit the Field Development Plan (FPD) for its Hammerhead project -...
News

American Petroleum Institute criticizes Biden administration’s 11th-hour plan to ban new offshore oil and gas activity

OilNOW -
The American Petroleum Institute (API) has condemned reports that the Biden administration plans to ban new oil and natural...
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Exploration

ExplorationOilNOW -

Noble Developer to drill three wells offshore Suriname

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

Shell plans new offshore drilling in Suriname’s Block 65

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BG International Limited (Shell) is seeking approval from Suriname’s National Environment Authority (NMA) to conduct an exploration drilling program...
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Production

Guyana's Oil LedgerKemol King -

Stabroek Block’s 2024 production exceeded 200 million barrels in November

ExxonMobil Guyana sustained stable production at its Stabroek Block projects in November 2024, accumulating 205 million barrels since the year began, at an average...
News

Approx. US$2 billion spent to procure goods, services from local suppliers as Exxon marks five years of oil production in Guyana

OilNOW -
With December 19, 2024, marking five years of oil production in Guyana, ExxonMobil said its deepwater projects are the...
News

Exxon targeting 1.7 million barrels per day in Guyana by 2030 

Shikema Dey -
ExxonMobil has announced plans to expand its operations in Guyana, projecting production capacity to reach 1.7 million barrels of...
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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 

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(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

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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 -

Stabroek Block’s 2024 production exceeded 200 million barrels in November

ExxonMobil Guyana sustained stable production at its Stabroek Block projects in November 2024, accumulating 205 million barrels since the year began, at an average...

Energy Insights

Energy InsightsOilNOW -

CCJ ruling confirms process by which Stabroek co-venturers apply for and are granted project approvals is lawful

By Chevy Devonish In a previous article we examined how the Caribbean Court of Justice (“CCJ”) in Attorney General of Guyana v Environmental Protection Agency...

Sponsored Content

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Excel Guyana targets workforce development to meet oil & gas demands, sets sights on new manpower division

Excel Guyana Inc. is expanding its workforce solutions to bridge critical skills gaps in Guyana’s oil and gas industry, preparing to launch a new...

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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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