Latest News

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Payara still leads ExxonMobil’s record-breaking ramp-up offshore Guyana

ExxonMobil’s Payara project continues to hold the record for the fastest production ramp-up among all oil developments in Guyana’s offshore Stabroek Block. Production from the...
NewsOilNOW -

New play concept targets Aptian carbonates in Suriname’s Demerara High

A new frontier play concept is being tested in Suriname’s deepwater as TotalEnergies and Shell explore the potential of Aptian-age carbonates on the Demerara...
NewsOilNOW -

ExxonMobil expands offshore surveys to advance next phase of Guyana’s oil developments

ExxonMobil Guyana Limited (EMGL) has expanded its offshore data acquisition work, with new geotechnical, underwater, and seismic surveys underway across the Stabroek Block. According to...
NewsKemol King -

Guyana’s October crude oil exports went to 14 countries

Guyana exported a record 28 crude oil cargoes in October, its highest monthly total to date, as offshore production continued to climb with ExxonMobil’s...
NewsOilNOW -

Ramsaroop urges businesses to ‘follow the money’ and align with Guyana’s national development agenda

Guyana’s Chief Investment Officer, Dr. Peter Ramsaroop, urged local entrepreneurs to align their ventures with the nation's economic priorities, emphasizing strategy, passion, and readiness...
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Latest News

NewsOilNOW -

Payara still leads ExxonMobil’s record-breaking ramp-up offshore Guyana

ExxonMobil’s Payara project continues to hold the record for the fastest production ramp-up among all oil developments in Guyana’s offshore Stabroek Block. Production from the...
NewsOilNOW -

New play concept targets Aptian carbonates in Suriname’s Demerara High

A new frontier play concept is being tested in Suriname’s deepwater as TotalEnergies and Shell explore the potential of Aptian-age carbonates on the Demerara...
NewsOilNOW -

ExxonMobil expands offshore surveys to advance next phase of Guyana’s oil developments

ExxonMobil Guyana Limited (EMGL) has expanded its offshore data acquisition work, with new geotechnical, underwater, and seismic surveys underway across the Stabroek Block. According to...
NewsKemol King -

Guyana’s October crude oil exports went to 14 countries

Guyana exported a record 28 crude oil cargoes in October, its highest monthly total to date, as offshore production continued to climb with ExxonMobil’s...
NewsOilNOW -

Ramsaroop urges businesses to ‘follow the money’ and align with Guyana’s national development agenda

Guyana’s Chief Investment Officer, Dr. Peter Ramsaroop, urged local entrepreneurs to align their ventures with the nation's economic priorities, emphasizing strategy, passion, and readiness...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Clement Sankat: The Engineer building Guyana’s future through education

Few academics in the Caribbean have shaped as many institutions as Professor Clement Sankat. The chartered mechanical engineer and veteran educator has spent more...

Fuel For Thought

Fuel for ThoughtJoanna Simmons -

The PAA Series: Environmental Management – Decommissioning (Part 3)

In PAA Series: Environmental Management - Decommissioning Part 2, we highlighted that, “The most significant steps in reducing adverse environmental influence are for the...

Rules of the Game

Rules of the GameIşıl Güneş -

From Ministry of Natural Resources to Ministry of Oil & Gas and Environment: What does this change really mean

PARAMARIBO, SURINAME – Suriname published a new State Decree S.B. 2025 No. 124 on October 22, with the name of ‘Decree on Task Description...

Local Content

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Guyana’s Local Content Secretariat to launch digital portal and AI checks to speed up certification 

The Local Content Secretariat is moving to a digital system to cut certificate wait times and widen access in Guyana. Director Michael Munroe announced...

Regional

Latest News

NewsOilNOW -

Payara still leads ExxonMobil’s record-breaking ramp-up offshore Guyana

ExxonMobil’s Payara project continues to hold the record for the fastest production ramp-up among all oil developments in Guyana’s offshore Stabroek Block. Production from the...
News

New play concept targets Aptian carbonates in Suriname’s Demerara High

OilNOW -
A new frontier play concept is being tested in Suriname’s deepwater as TotalEnergies and Shell explore the potential of...
News

ExxonMobil expands offshore surveys to advance next phase of Guyana’s oil developments

OilNOW -
ExxonMobil Guyana Limited (EMGL) has expanded its offshore data acquisition work, with new geotechnical, underwater, and seismic surveys underway...
News

Guyana’s October crude oil exports went to 14 countries

Kemol King -
Guyana exported a record 28 crude oil cargoes in October, its highest monthly total to date, as offshore production...
News

Ramsaroop urges businesses to ‘follow the money’ and align with Guyana’s national development agenda

OilNOW -
Guyana’s Chief Investment Officer, Dr. Peter Ramsaroop, urged local entrepreneurs to align their ventures with the nation's economic priorities,...
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Exploration

ExplorationOilNOW -

ExxonMobil, Shell lead high-impact exploration over five-year period as NOCs surge in 2024

ExxonMobil and Shell were the most active high-impact oil and gas explorers between 2020 and 2024, according to energy intelligence firm Westwood Global Energy...
Exploration

ExxonMobil to appraise 2022 Barreleye discovery 

OilNOW -
ExxonMobil is engaged in appraisal drilling operations at the Barreleye-2 well of the Stabroek Block.  The operation started on April...
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...
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Production

NewsOilNOW -

Exxon hits 900,000 barrels of oil per day in Guyana as Yellowtail reaches full capacity

ExxonMobil Guyana announced on Wednesday that the country’s daily oil production has reached a new milestone of 900,000 barrels per day, following the ramp-up...
Guyana's Oil Ledger

Yellowtail boost lifts Guyana’s oil output to 685,000 b/d in August

Kemol King -
Oil production offshore Guyana averaged 685,000 barrels per day (b/d) in August, up from 664,000 b/d in July, driven...
News

ONE GUYANA FPSO equipped to ensure uninterrupted gas handling offshore – GoG

Shikema Dey -
The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the...
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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 -

Yellowtail produced 134,000 b/d in September

Oil production at ExxonMobil's Yellowtail development offshore Guyana averaged 134,000 barrels per day (b/d), increasing from 75,000 b/d in the previous month, government data...

Energy Insights

Energy InsightsChevy Devonish -

New High Court Decision: Oil and Gas Litigation – EIAs are required for oil and gas exploration and production waste-management facilities 

The High Court of Guyana has ruled that an operation permit granted to Global Oil Environmental Services (Guyana) Inc. (GOES) to operate a waste-management...

Sponsored Content

NewsOilNOW -

UAL launches new Caribbean shuttle service to enhance regional trade connectivity

UAL (Universal Africa Lines) has introduced the UAL Caribbean Shuttle, a fixed 9-day loop service linking Point Lisas (Trinidad & Tobago), Georgetown (Guyana), and...

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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