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GCCI says businesses pursuing energy opportunities need to become “bankable”

GCCI Senior Vice President Gavin Ramsoondar said Guyanese companies seeking opportunities in the oil and gas sector must improve their internal systems and operational...

Petrobras investment to raise Bahia production to 30,000 boe/d, create 6,500 jobs

Brazil’s state-run oil company Petrobras said it will more than double oil and gas production in Bahia to 30,000 barrels of oil equivalent per...

Staatsolie says investor confidence supported GranMorgu funding deal

Staatsolie secured more than US$2 billion in financing in 2025 to fund its 20% participation in Suriname’s GranMorgu offshore oil development, according to Managing...

Financial Times spotlights Suriname’s oil ambitions and the risks behind the “new dawn”

PARAMARIBO, SURINAME – The Financial Times has released a documentary examining Suriname’s emerging offshore oil sector, describing the country as “one of Big Oil’s...

“We don’t have to wait on production” – Anne Wijdh calls on TotalEnergies, ADEK to advance energy PhD programs in Suriname

Local content specialist Anne Rita Wijdh is urging major offshore operators in Suriname to begin investing in advanced academic and research programs before first...
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GCCI says businesses pursuing energy opportunities need to become “bankable”

GCCI Senior Vice President Gavin Ramsoondar said Guyanese companies seeking opportunities in the oil and gas sector must improve their internal systems and operational...

Petrobras investment to raise Bahia production to 30,000 boe/d, create 6,500 jobs

Brazil’s state-run oil company Petrobras said it will more than double oil and gas production in Bahia to 30,000 barrels of oil equivalent per...

Staatsolie says investor confidence supported GranMorgu funding deal

Staatsolie secured more than US$2 billion in financing in 2025 to fund its 20% participation in Suriname’s GranMorgu offshore oil development, according to Managing...

Financial Times spotlights Suriname’s oil ambitions and the risks behind the “new dawn”

PARAMARIBO, SURINAME – The Financial Times has released a documentary examining Suriname’s emerging offshore oil sector, describing the country as “one of Big Oil’s...

“We don’t have to wait on production” – Anne Wijdh calls on TotalEnergies, ADEK to advance energy PhD programs in Suriname

Local content specialist Anne Rita Wijdh is urging major offshore operators in Suriname to begin investing in advanced academic and research programs before first...
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Nothing moves without clearance: MARAD coordinator Anastasia Jessemy-Lynch tracks every vessel in Guyana’s oil zone

Anastasia Jessemy-Lynch monitors vessel movements across Guyana’s offshore space from a small office in Kingston, Georgetown, ensuring that no ship approaches a floating production,...

“We don’t have to wait on production” – Anne Wijdh calls on TotalEnergies, ADEK to advance energy PhD programs in Suriname

Local content specialist Anne Rita Wijdh is urging major offshore operators in Suriname to begin investing in advanced academic and research programs before first...

Senate vote could open French Guiana to exploration – what it could mean for Guyana and Suriname

A vote in France’s Senate could ultimately reshape the competitive and geological landscape of the Guyana-Suriname Basin, with potential implications for both Guyana’s Stabroek-led...

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...

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GCCI says businesses pursuing energy opportunities need to become “bankable”

GCCI Senior Vice President Gavin Ramsoondar said Guyanese companies seeking opportunities in the oil and gas sector must improve their internal systems and operational...

Petrobras investment to raise Bahia production to 30,000 boe/d, create 6,500 jobs

Brazil’s state-run oil company Petrobras said it will more than double oil and gas production in Bahia to 30,000...

Staatsolie says investor confidence supported GranMorgu funding deal

Staatsolie secured more than US$2 billion in financing in 2025 to fund its 20% participation in Suriname’s GranMorgu offshore...
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ExxonMobil’s next oil target in Stabroek Block: Goby-1

Starting May 10, ExxonMobil Guyana continued exploration drilling activities at the Goby-1 prospect in the Stabroek Block.  A notice from the Maritime Administration Department (MARAD)...

Stena DrillMAX to drill Greece’s first deepwater offshore well in 2027

Stena Drilling has secured a contract to drill what is set to be Greece’s first deepwater offshore well. The company...

Stena Carron continues Goatfish-1 drill campaign in Stabroek Block

The Stena Carron drill rig will continue exploration operations at ExxonMobil’s Goatfish-1 well in the Stabroek Block offshore Guyana. A...
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ExxonMobil Guyana production holds stable at 914,000 b/d in first quarter

Crude production offshore Guyana averaged about 914,000 barrels per day (b/d) in the first quarter of 2026, as output from the ExxonMobil-operated Stabroek Block’s...

Stabroek output climbs further to 918,000 b/d in February

Crude oil production offshore Guyana averaged about 918,000 barrels per day (b/d) in February 2026, reflecting continued gains from...

Exxon hits 900,000 barrels of oil per day in Guyana as Yellowtail reaches full capacity

ExxonMobil Guyana announced on Wednesday that the country’s daily oil production has reached a new milestone of 900,000 barrels...
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Petrobras confirms new pre-salt oil discovery in Campos Basin offshore Brazil

Brazilian state-controlled energy company Petrobras has confirmed a new pre-salt oil discovery in the Campos Basin offshore Brazil, located in the Marlim Sul field.  The...

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...

Russia strikes black gold off British Antarctic coast, 511 billion barrels worth 

(Yahoo News, May 13, 2024): Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading...
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ExxonMobil Guyana production holds stable at 914,000 b/d in first quarter

Crude production offshore Guyana averaged about 914,000 barrels per day (b/d) in the first quarter of 2026, as output from the ExxonMobil-operated Stabroek Block’s...

The TotalEnergies 2025 PSA: A Modern, Modular Approach to Petroleum Sharing Agreements 

On November 11, 2025, the Government of Guyana (GoG), through the Ministry of Natural Resources (MoNR), signed a Petroleum Sharing Agreement (PSA) with the...

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UG SPE student chapter shines at SLB’s inaugural PetroChallenge in Guyana

- Simulation exercise signals strong potential for the future energy workforce Three students from the University of Guyana (UG) student chapter of the Society of...

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