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Exxon, partners recover US$6.6 billion in Guyana oil costs in first half of 2025 – Finance Ministry reports

ExxonMobil and its partners recovered about US$6.6 billion in costs from Guyana’s oil sector in the first half of 2025, the Ministry of Finance...
NewsOilNOW -

Stabroek Block co-venturers’ US$100M prog. pushing sustainable development in Guyana hotspot

The Greater Guyana Initiative (GGI) held its second annual Stakeholder Forum at the Guyana Marriott Hotel on October 31. The event brought together beneficiaries...
NewsOilNOW -

TOFCO delivers largest fabricated jacket for Shell’s Manatee Gas project

Trinidad Offshore Fabricators Company Limited (TOFCO) has completed the successful float-off of the Manatee Jacket – Row C, marking a key milestone in one...
NewsOilNOW -

Chinese engineering giants among 12 groups vying to build natural gas facility in Guyana

Twelve groups, including several major Chinese engineering firms, have submitted proposals to construct a natural gas liquids (NGL) storage and marine offloading facility in...
NewsOilNOW -

ExxonMobil to showcase Proxxima technology on upcoming Hammerhead FPSO

ExxonMobil will put its new Proxxima materials to the test on the upcoming Hammerhead floating production, storage and offloading (FPSO) vessel, its seventh development...
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Latest News

NewsOilNOW -

Exxon, partners recover US$6.6 billion in Guyana oil costs in first half of 2025 – Finance Ministry reports

ExxonMobil and its partners recovered about US$6.6 billion in costs from Guyana’s oil sector in the first half of 2025, the Ministry of Finance...
NewsOilNOW -

Stabroek Block co-venturers’ US$100M prog. pushing sustainable development in Guyana hotspot

The Greater Guyana Initiative (GGI) held its second annual Stakeholder Forum at the Guyana Marriott Hotel on October 31. The event brought together beneficiaries...
NewsOilNOW -

TOFCO delivers largest fabricated jacket for Shell’s Manatee Gas project

Trinidad Offshore Fabricators Company Limited (TOFCO) has completed the successful float-off of the Manatee Jacket – Row C, marking a key milestone in one...
NewsOilNOW -

Chinese engineering giants among 12 groups vying to build natural gas facility in Guyana

Twelve groups, including several major Chinese engineering firms, have submitted proposals to construct a natural gas liquids (NGL) storage and marine offloading facility in...
NewsOilNOW -

ExxonMobil to showcase Proxxima technology on upcoming Hammerhead FPSO

ExxonMobil will put its new Proxxima materials to the test on the upcoming Hammerhead floating production, storage and offloading (FPSO) vessel, its seventh development...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Natonya Scipio’s story of dedication and impact in Guyana’s oil industry

When it comes to safety in the oil and gas industry, Natonya Scipio believes the smallest actions often make the biggest difference. As a...

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 -

How exploration and production are governed in Suriname

PARAMARIBO, SURINAME – Suriname’s petroleum industry is governed by the Petroleum Law of 1990, enacted in 1991 (S.B. 1991 no. 7) and amended in...

Local Content

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TechnipFMC and DOF to host supplier forums in Guyana as subsea demand grows

Two of ExxonMobil’s key subsea contractors — TechnipFMC and DOF Subsea — are set to host Supplier Engagement Forums in November as Guyana’s offshore...

Regional

Latest News

NewsOilNOW -

Exxon, partners recover US$6.6 billion in Guyana oil costs in first half of 2025 – Finance Ministry reports

ExxonMobil and its partners recovered about US$6.6 billion in costs from Guyana’s oil sector in the first half of 2025, the Ministry of Finance...
News

Stabroek Block co-venturers’ US$100M prog. pushing sustainable development in Guyana hotspot

OilNOW -
The Greater Guyana Initiative (GGI) held its second annual Stakeholder Forum at the Guyana Marriott Hotel on October 31....
News

TOFCO delivers largest fabricated jacket for Shell’s Manatee Gas project

OilNOW -
Trinidad Offshore Fabricators Company Limited (TOFCO) has completed the successful float-off of the Manatee Jacket – Row C, marking...
News

Chinese engineering giants among 12 groups vying to build natural gas facility in Guyana

OilNOW -
Twelve groups, including several major Chinese engineering firms, have submitted proposals to construct a natural gas liquids (NGL) storage...
News

ExxonMobil to showcase Proxxima technology on upcoming Hammerhead FPSO

OilNOW -
ExxonMobil will put its new Proxxima materials to the test on the upcoming Hammerhead floating production, storage and offloading...
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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

Guyana's Oil LedgerKemol King -

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

Oil production offshore Guyana averaged 685,000 barrels per day (b/d) in August, up from 664,000 b/d in July, driven mainly by the start-up of...
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...
News

Oil production begins at ExxonMobil’s fourth mega-project offshore Guyana

Shikema Dey -
Oil production has started at ExxonMobil's Yellowtail Development offshore Guyana, making it the fourth mega-project to startup in just...
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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 oil fund gets another US$133 million from oil sales in September

Guyana received payments for two cargoes of crude oil in September 2025, totaling US$133 million (approximately GY$28 billion). The shipments, lifted from the Payara...

Energy Insights

Energy InsightsChevy Devonish -

Second court action seeks to quash the EIA and the environmental permit for the Hammerhead project

Environmental activists filed a lawsuit in July seeking to cancel the Environmental Impact Assessment (EIA) and Environmental Permit (EP) granted for the Hammerhead Project,...

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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