Latest News

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U.S. EXIM Bank President says US$526M loan to Guyana is ‘first of many deals to come’

A US$526 million loan to Guyana for its Gas-to-Energy project is the first of many deals to come, an official from the United States...
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Maduro takes oath for third term amid Opposition-led protests 

With his wife standing faithfully at his side, Nicolás Maduro took the oath of office for his third term as Venezuela’s president.  Behind barricades, angry...
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TotalEnergies’ Gran Morgu project will drive local participation in 45 sectors – Suriname GM 

Suriname companies and workers in 45 sectors will have opportunities to participate in the development phase of the Gran Morgu project of Block 58,...
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Hammerhead crude “heavier but still attractive” – Hess

Despite its smaller scale and heavier crude, the Hammerhead field is still economically viable, according to John Hess, Chief  Executive Officer of Hess Corporation....
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Guyana’s draft oil spill bill completed – Attorney General 

Guyana’s Attorney General and Minister of Legal Affairs, Mohabir Anil Nandlall has revealed that a draft for the long-awaited Oil Pollution Prevention, Preparedness, Response,...
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Latest News

NewsKemol King -

U.S. EXIM Bank President says US$526M loan to Guyana is ‘first of many deals to come’

A US$526 million loan to Guyana for its Gas-to-Energy project is the first of many deals to come, an official from the United States...
NewsOilNOW -

Maduro takes oath for third term amid Opposition-led protests 

With his wife standing faithfully at his side, Nicolás Maduro took the oath of office for his third term as Venezuela’s president.  Behind barricades, angry...
NewsOilNOW -

TotalEnergies’ Gran Morgu project will drive local participation in 45 sectors – Suriname GM 

Suriname companies and workers in 45 sectors will have opportunities to participate in the development phase of the Gran Morgu project of Block 58,...
NewsOilNOW -

Hammerhead crude “heavier but still attractive” – Hess

Despite its smaller scale and heavier crude, the Hammerhead field is still economically viable, according to John Hess, Chief  Executive Officer of Hess Corporation....
NewsOilNOW -

Guyana’s draft oil spill bill completed – Attorney General 

Guyana’s Attorney General and Minister of Legal Affairs, Mohabir Anil Nandlall has revealed that a draft for the long-awaited Oil Pollution Prevention, Preparedness, Response,...
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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 -

TotalEnergies’ Gran Morgu project will drive local participation in 45 sectors – Suriname GM 

Suriname companies and workers in 45 sectors will have opportunities to participate in the development phase of the Gran Morgu project of Block 58,...

Regional

Latest News

NewsKemol King -

U.S. EXIM Bank President says US$526M loan to Guyana is ‘first of many deals to come’

A US$526 million loan to Guyana for its Gas-to-Energy project is the first of many deals to come, an official from the United States...
News

Maduro takes oath for third term amid Opposition-led protests 

OilNOW -
With his wife standing faithfully at his side, Nicolás Maduro took the oath of office for his third term...
News

TotalEnergies’ Gran Morgu project will drive local participation in 45 sectors – Suriname GM 

OilNOW -
Suriname companies and workers in 45 sectors will have opportunities to participate in the development phase of the Gran...
News

Hammerhead crude “heavier but still attractive” – Hess

OilNOW -
Despite its smaller scale and heavier crude, the Hammerhead field is still economically viable, according to John Hess, Chief ...
News

Guyana’s draft oil spill bill completed – Attorney General 

OilNOW -
Guyana’s Attorney General and Minister of Legal Affairs, Mohabir Anil Nandlall has revealed that a draft for the long-awaited...
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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

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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

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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 

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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

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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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