Latest News

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ExxonMobil’s Longtail project to tap three gas fields offshore Guyana

ExxonMobil's proposed Longtail development project will tap into three gas fields—Longtail, Tripletail, and Turbot—spanning discoveries made in the period 2017-2019. Unlike Exxon’s previous developments...
NewsOilNOW -

Public consultations for ExxonMobil’s Longtail and Hammerhead projects this March

The Environmental Protection Agency (EPA) invites stakeholders to learn about ExxonMobil Guyana Limited’s (EMGL) proposed Longtail and Hammerhead offshore oil projects. Details on the...
NewsShikema Dey -

Maduro is Latin America’s very own Vladimir Putin – Analysts 

Venezuelan President Nicolás Maduro is using tactics reminiscent of Russian President Vladimir Putin, violating international agreements while casting Guyana’s response as provocative, according to...
NewsOilNOW -

FPSO Alexandre de Gusmão arrives at Mero field in Brazil

The FPSO Alexandre de Gusmão has arrived at the Mero Field in Brazil’s Santos Basin, with first oil expected later this year.  The vessel is...
NewsOilNOW -

Stena Drilling invests over US$85M in Guyana, employs 157 locals

Since 2016, Stena Drilling has contributed significantly to Guyana’s economy through local investments and job creation. Stena DrillMAX en route to Guyana to rejoin multi-billion...
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Latest News

NewsOilNOW -

ExxonMobil’s Longtail project to tap three gas fields offshore Guyana

ExxonMobil's proposed Longtail development project will tap into three gas fields—Longtail, Tripletail, and Turbot—spanning discoveries made in the period 2017-2019. Unlike Exxon’s previous developments...
NewsOilNOW -

Public consultations for ExxonMobil’s Longtail and Hammerhead projects this March

The Environmental Protection Agency (EPA) invites stakeholders to learn about ExxonMobil Guyana Limited’s (EMGL) proposed Longtail and Hammerhead offshore oil projects. Details on the...
NewsShikema Dey -

Maduro is Latin America’s very own Vladimir Putin – Analysts 

Venezuelan President Nicolás Maduro is using tactics reminiscent of Russian President Vladimir Putin, violating international agreements while casting Guyana’s response as provocative, according to...
NewsOilNOW -

FPSO Alexandre de Gusmão arrives at Mero field in Brazil

The FPSO Alexandre de Gusmão has arrived at the Mero Field in Brazil’s Santos Basin, with first oil expected later this year.  The vessel is...
NewsOilNOW -

Stena Drilling invests over US$85M in Guyana, employs 157 locals

Since 2016, Stena Drilling has contributed significantly to Guyana’s economy through local investments and job creation. Stena DrillMAX en route to Guyana to rejoin multi-billion...
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Stories beyond the barrel

Stories Beyond the BarrelOilNOW -

From sugar estate to offshore drilling; here’s Stephen Moonasar’s journey

Stephen Moonasar’s career path took an unexpected turn—from the sugar estates of Guyana to a drill ship nearly 200 kilometers offshore. His story is...

Oil Law 101

Oil Law 101Joanna Simmons -

The Petroleum Activities Act Series

Introduction The Petroleum Activities Act 17 of 2023 (the “PAA”) replaced the Petroleum (Exploration and Production) Act 1986; however, at present, the Regulations made under...

Local Content

NewsShikema Dey -

100% of scaffolding, transportation, immigration support services being provided by Guyanese to oil sector 

Local businesses in Guyana are now providing 100% of several key services to the oil and gas sector, showing advancements in local content development....

Regional

Latest News

NewsOilNOW -

ExxonMobil’s Longtail project to tap three gas fields offshore Guyana

ExxonMobil's proposed Longtail development project will tap into three gas fields—Longtail, Tripletail, and Turbot—spanning discoveries made in the period 2017-2019. Unlike Exxon’s previous developments...
News

Public consultations for ExxonMobil’s Longtail and Hammerhead projects this March

OilNOW -
The Environmental Protection Agency (EPA) invites stakeholders to learn about ExxonMobil Guyana Limited’s (EMGL) proposed Longtail and Hammerhead offshore...
News

Maduro is Latin America’s very own Vladimir Putin – Analysts 

Shikema Dey -
Venezuelan President Nicolás Maduro is using tactics reminiscent of Russian President Vladimir Putin, violating international agreements while casting Guyana’s...
News

FPSO Alexandre de Gusmão arrives at Mero field in Brazil

OilNOW -
The FPSO Alexandre de Gusmão has arrived at the Mero Field in Brazil’s Santos Basin, with first oil expected...
News

Stena Drilling invests over US$85M in Guyana, employs 157 locals

OilNOW -
Since 2016, Stena Drilling has contributed significantly to Guyana’s economy through local investments and job creation. Stena DrillMAX en route...
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Exploration

ExplorationOilNOW -

Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to 69 in 2024. In this...
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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...
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...
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Production

Guyana's Oil LedgerKemol King -

Guyana’s oil production averaged 620,000 bpd in January

Crude oil production offshore Guyana averaged 620,000 barrels per day (b/d) in January, the lowest it’s been since August 2024. The total volume produced...
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...
News

Six FPSOs targeting over five billion barrels of oil at Stabroek Block – Hess

OilNOW -
Hess Corporation has revealed that nearly half of the Stabroek Block’s massive 11.6-billion-barrel reserve will be tapped with six...
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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 -

Guyana’s oil production averaged 620,000 bpd in January

Crude oil production offshore Guyana averaged 620,000 barrels per day (b/d) in January, the lowest it’s been since August 2024. The total volume produced...

Energy Insights

Energy InsightsChevy Devonish -

The Laws underpinning Guyana’s Maritime Zones: Why Venezuela’s actions violate international and Guyana’s national laws 

On March 1, 2025, a Venezuelan navy vessel entered Guyana’s exclusive economic zone (EEZ). It approached several assets, including the Prosperity floating production, storage...

Sponsored Content

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Eight Guyanese form first cohort of MODEC’s trainee program in Guyana

Eight Guyanese have been selected for the inaugural cohort of MODEC's newly launched trainee program in Guyana, designed to offer global training, hands-on experience,...

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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