Latest News

Energy InsightsChevy Devonish -

Decision by Guyana’s High Court recognising a foreign arbitration award against Venezuela augurs well for Guyana’s reputation as an arbitration hub

In 2024, Guyana’s High Court registered/recognised two foreign awards in court actions brought by ConocoPhillips Gulf of Paria against Venezuela. The company seeks access...
NewsOilNOW -

Bell, Omni Helicopters launch offshore evaluation programme for Bell 525 chopper

Bell Textron Inc. and Omni Helicopters Guyana Inc. (OHGI), a subsidiary of Omni Helicopters International (OHI), have announced a joint offshore operational evaluation program...
NewsOilNOW -

TT’s “coo coo cooked” if Dragon deal goes sour – PM

Trinidad and Tobago’s (TT) Prime Minister Keith Rowley has cautioned that the country’s energy future is at risk if the Dragon gas deal collapses.  “If...
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...
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Trending

Latest News

Energy InsightsChevy Devonish -

Decision by Guyana’s High Court recognising a foreign arbitration award against Venezuela augurs well for Guyana’s reputation as an arbitration hub

In 2024, Guyana’s High Court registered/recognised two foreign awards in court actions brought by ConocoPhillips Gulf of Paria against Venezuela. The company seeks access...
NewsOilNOW -

Bell, Omni Helicopters launch offshore evaluation programme for Bell 525 chopper

Bell Textron Inc. and Omni Helicopters Guyana Inc. (OHGI), a subsidiary of Omni Helicopters International (OHI), have announced a joint offshore operational evaluation program...
NewsOilNOW -

TT’s “coo coo cooked” if Dragon deal goes sour – PM

Trinidad and Tobago’s (TT) Prime Minister Keith Rowley has cautioned that the country’s energy future is at risk if the Dragon gas deal collapses.  “If...
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...
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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

Energy InsightsChevy Devonish -

Decision by Guyana’s High Court recognising a foreign arbitration award against Venezuela augurs well for Guyana’s reputation as an arbitration hub

In 2024, Guyana’s High Court registered/recognised two foreign awards in court actions brought by ConocoPhillips Gulf of Paria against Venezuela. The company seeks access...
News

Bell, Omni Helicopters launch offshore evaluation programme for Bell 525 chopper

OilNOW -
Bell Textron Inc. and Omni Helicopters Guyana Inc. (OHGI), a subsidiary of Omni Helicopters International (OHI), have announced a...
News

TT’s “coo coo cooked” if Dragon deal goes sour – PM

OilNOW -
Trinidad and Tobago’s (TT) Prime Minister Keith Rowley has cautioned that the country’s energy future is at risk if...
News

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

OilNOW -
ExxonMobil's proposed Longtail development project will tap into three gas fields—Longtail, Tripletail, and Turbot—spanning discoveries made in the period...
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...
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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 -

Decision by Guyana’s High Court recognising a foreign arbitration award against Venezuela augurs well for Guyana’s reputation as an arbitration hub

In 2024, Guyana’s High Court registered/recognised two foreign awards in court actions brought by ConocoPhillips Gulf of Paria against Venezuela. The company seeks access...

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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