Latest News

NewsOilNOW -

USA and Guyana deepen ties with security pact and economic cooperation

The United States and Guyana have reinforced their partnership through enhanced cooperation in security, trade, and regional stability following high-level talks between President Irfaan...
NewsOilNOW -

Gas pipeline to be built for industrial park in Berbice – Guyana Finance Minister 

A second natural gas pipeline will be built to land in Berbice, Guyana’s Senior Minister in the Office of the President with responsibility for...
OpinionsOilNOW -

Letter-to-the-Editor: Accelerated oil production benefits Guyana today and tomorrow

Dear Editor, Guyana now produces approximately 660,000 barrels of oil per day, and this is expected to increase to over one million barrels per day...
NewsShikema Dey -

It would be ‘a very bad day’ if Venezuela attacks Guyana or Exxon’s Stabroek Block operations – U.S. Secretary of State says

Marco Rubio, United States Secretary of State, has taken an assertive stance against Venezuelan President Nicolás Maduro's attempted bullyism of the South American nation....
NewsOilNOW -

Qualco expands Guyana presence with new base on East Bank Corridor

Qualco Guyana, a subsidiary of the U.S Quality Companies, expanded its footing in Guyana and officially launched its operations with a new location at...
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Latest News

NewsOilNOW -

USA and Guyana deepen ties with security pact and economic cooperation

The United States and Guyana have reinforced their partnership through enhanced cooperation in security, trade, and regional stability following high-level talks between President Irfaan...
NewsOilNOW -

Gas pipeline to be built for industrial park in Berbice – Guyana Finance Minister 

A second natural gas pipeline will be built to land in Berbice, Guyana’s Senior Minister in the Office of the President with responsibility for...
OpinionsOilNOW -

Letter-to-the-Editor: Accelerated oil production benefits Guyana today and tomorrow

Dear Editor, Guyana now produces approximately 660,000 barrels of oil per day, and this is expected to increase to over one million barrels per day...
NewsShikema Dey -

It would be ‘a very bad day’ if Venezuela attacks Guyana or Exxon’s Stabroek Block operations – U.S. Secretary of State says

Marco Rubio, United States Secretary of State, has taken an assertive stance against Venezuelan President Nicolás Maduro's attempted bullyism of the South American nation....
NewsOilNOW -

Qualco expands Guyana presence with new base on East Bank Corridor

Qualco Guyana, a subsidiary of the U.S Quality Companies, expanded its footing in Guyana and officially launched its operations with a new location at...
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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 PAA Series: Management Themes (Part 1)

To briefly recap our first publication the Petroleum Activities Act Series – Introduction, the term upstream refers to all activities carried out in the...

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 -

USA and Guyana deepen ties with security pact and economic cooperation

The United States and Guyana have reinforced their partnership through enhanced cooperation in security, trade, and regional stability following high-level talks between President Irfaan...
News

Gas pipeline to be built for industrial park in Berbice – Guyana Finance Minister 

OilNOW -
A second natural gas pipeline will be built to land in Berbice, Guyana’s Senior Minister in the Office of...
Opinions

Letter-to-the-Editor: Accelerated oil production benefits Guyana today and tomorrow

OilNOW -
Dear Editor, Guyana now produces approximately 660,000 barrels of oil per day, and this is expected to increase to over...
News

It would be ‘a very bad day’ if Venezuela attacks Guyana or Exxon’s Stabroek Block operations – U.S. Secretary of State says

Shikema Dey -
Marco Rubio, United States Secretary of State, has taken an assertive stance against Venezuelan President Nicolás Maduro's attempted bullyism...
News

Qualco expands Guyana presence with new base on East Bank Corridor

OilNOW -
Qualco Guyana, a subsidiary of the U.S Quality Companies, expanded its footing in Guyana and officially launched its operations...
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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...
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 rate of oil output increased by 5% in February

Guyana’s offshore oil production rate climbed by 5% in February 2025 compared to the previous month, reaching an average of 648,000 barrels per day...

Energy Insights

Energy InsightsChevy Devonish -

New lawsuit claims that the Government of Guyana’s management of the Natural Resource Fund is unlawful and unconstitutional

A local businessman has filed a lawsuit challenging the Government of Guyana’s (GoG) management of the Natural Resource Fund (the Fund) established under the...

Sponsored Content

NewsOilNOW -

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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