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Technip Energies: FLNG is the smart choice for Guyana-Suriname gas monetisation

Floating Liquefied Natural Gas (FLNG) offers the most efficient and cost-effective path for monetising gas in the Guyana-Suriname Basin, says Lorenzo Disaro, Offshore Business...
NewsOilNOW -

Suriname’s 2025 elections set stage for coalition government amid oil sector decisions

PARAMARIBO, SURINAME - Suriname’s general elections on May 25 have resulted in a divided parliament, setting the stage for a coalition-led government that will...
OpinionsOilNOW -

Letter-to-the-Editor: Guyana earning over $2 trillion from oil in the next five years should benefit all Guyanese

Dear Editor, When Guyana discovered oil a decade ago, I don’t think it was fully understood by Guyanese what it meant for the country. Ten...
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Guyana recognized as one of only nine new superbasins – S&P Global

Guyana has been identified as one of only nine new superbasins worldwide to deliver over five billion barrels of oil equivalent since 2000. The...
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US remains Guyana’s main energy partner, says Foreign Secretary

Guyana’s Foreign Secretary, Robert Persaud, said the involvement of major US energy companies in Guyana contributes significantly to the South American nation’s energy security...
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Latest News

NewsOilNOW -

Technip Energies: FLNG is the smart choice for Guyana-Suriname gas monetisation

Floating Liquefied Natural Gas (FLNG) offers the most efficient and cost-effective path for monetising gas in the Guyana-Suriname Basin, says Lorenzo Disaro, Offshore Business...
NewsOilNOW -

Suriname’s 2025 elections set stage for coalition government amid oil sector decisions

PARAMARIBO, SURINAME - Suriname’s general elections on May 25 have resulted in a divided parliament, setting the stage for a coalition-led government that will...
OpinionsOilNOW -

Letter-to-the-Editor: Guyana earning over $2 trillion from oil in the next five years should benefit all Guyanese

Dear Editor, When Guyana discovered oil a decade ago, I don’t think it was fully understood by Guyanese what it meant for the country. Ten...
NewsOilNOW -

Guyana recognized as one of only nine new superbasins – S&P Global

Guyana has been identified as one of only nine new superbasins worldwide to deliver over five billion barrels of oil equivalent since 2000. The...
NewsOilNOW -

US remains Guyana’s main energy partner, says Foreign Secretary

Guyana’s Foreign Secretary, Robert Persaud, said the involvement of major US energy companies in Guyana contributes significantly to the South American nation’s energy security...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

From curiosity to career: Trainee Derrickman finds purpose on Stena DrillMAX

Steve Sirkissoon has always been fascinated by the offshore world. Now, as a trainee derrickman aboard the Stena DrillMAX, he's living that dream. “It's a...

Oil Law 101

Oil Law 101Joanna Simmons -

The PAA Series: Management Themes (Part 5)

In Management Themes (Part 4), we completed our discussion on exploration and discovery.  Through the provisions of the Petroleum Activities Act 17 of 2023...

Local Content

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Baker Hughes achieved 55% Guyanese workforce in 2024

Baker Hughes reached a major local content win in 2024, with 55% of its workforce in Guyana made up of Guyanese. The company credits...

Regional

Latest News

NewsOilNOW -

Technip Energies: FLNG is the smart choice for Guyana-Suriname gas monetisation

Floating Liquefied Natural Gas (FLNG) offers the most efficient and cost-effective path for monetising gas in the Guyana-Suriname Basin, says Lorenzo Disaro, Offshore Business...
News

Suriname’s 2025 elections set stage for coalition government amid oil sector decisions

OilNOW -
PARAMARIBO, SURINAME - Suriname’s general elections on May 25 have resulted in a divided parliament, setting the stage for...
Opinions

Letter-to-the-Editor: Guyana earning over $2 trillion from oil in the next five years should benefit all Guyanese

OilNOW -
Dear Editor, When Guyana discovered oil a decade ago, I don’t think it was fully understood by Guyanese what it...
News

Guyana recognized as one of only nine new superbasins – S&P Global

OilNOW -
Guyana has been identified as one of only nine new superbasins worldwide to deliver over five billion barrels of...
News

US remains Guyana’s main energy partner, says Foreign Secretary

OilNOW -
Guyana’s Foreign Secretary, Robert Persaud, said the involvement of major US energy companies in Guyana contributes significantly to the...
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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...
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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

Guyana's Oil LedgerKemol King -

Production surges at Exxon’s Liza 2 and Payara projects

In the final week and a half of April 2025, Guyana’s offshore oil production witnessed an uptick, with both the Liza 2 and Payara...
Guyana's Oil Ledger

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Kemol King -
Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s...
Guyana's Oil Ledger

Guyana’s rate of oil output increased by 5% in February

Kemol King -
Guyana’s offshore oil production rate climbed by 5% in February 2025 compared to the previous month, reaching an average...
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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 2025 oil revenues cross US$1 billion mark

Guyana’s Natural Resource Fund (NRF) has surpassed the US$1 billion mark in crude oil revenue deposits this year through May 2025, as robust production from...

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...

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MODEC partners with STEMGuyana to support learning pods

MODEC has partnered with STEMGuyana to support its Learning Pods initiative, ensuring continued access to after-school education in Math, Science, English, and Technology for...

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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