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IEA forecasts 2026 oil demand to average 1 million b/d below 2025

Global oil demand is recovering from its May low as refined product supplies rebound, but the International Energy Agency (IEA) still expects average consumption...

ExxonMobil nears completion of TTUD-1 seismic survey offshore Trinidad

ExxonMobil is nearing completion of its seismic acquisition program on the TTUD-1 Block offshore Trinidad and Tobago, clearing the way for data processing and...

Exxon, FPSO contractors support bringing qualified Guyanese pay in line with expatriates, says Natural Resources Minister

Guyana's call for qualified nationals to earn the same salaries as expatriates performing comparable offshore jobs has received backing from the country's largest oil...

Growing offshore activity drives demand for maritime workers in Guyana

Guyana's offshore oil industry depends on more than drilling rigs and floating production, storage and offloading (FPSO) vessels. It also relies on a growing...

Study identifies major oil-generating sweet spot near Suriname’s Block 52

A new basin modelling study has identified an area near Suriname’s Block 52 as the strongest oil-generating sweet spot along the Guyana-Suriname margin. GeoExpro published...
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IEA forecasts 2026 oil demand to average 1 million b/d below 2025

Global oil demand is recovering from its May low as refined product supplies rebound, but the International Energy Agency (IEA) still expects average consumption...

ExxonMobil nears completion of TTUD-1 seismic survey offshore Trinidad

ExxonMobil is nearing completion of its seismic acquisition program on the TTUD-1 Block offshore Trinidad and Tobago, clearing the way for data processing and...

Exxon, FPSO contractors support bringing qualified Guyanese pay in line with expatriates, says Natural Resources Minister

Guyana's call for qualified nationals to earn the same salaries as expatriates performing comparable offshore jobs has received backing from the country's largest oil...

Growing offshore activity drives demand for maritime workers in Guyana

Guyana's offshore oil industry depends on more than drilling rigs and floating production, storage and offloading (FPSO) vessels. It also relies on a growing...

Study identifies major oil-generating sweet spot near Suriname’s Block 52

A new basin modelling study has identified an area near Suriname’s Block 52 as the strongest oil-generating sweet spot along the Guyana-Suriname margin. GeoExpro published...
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Carla Crawford says Friedlander Guyana’s goal is to keep more fabrication work local

Dr. Carla Crawford was not trained for oil and gas. “I still practice as a physician,” she said. But the skills she learned from...

Exxon, FPSO contractors support bringing qualified Guyanese pay in line with expatriates, says Natural Resources Minister

Guyana's call for qualified nationals to earn the same salaries as expatriates performing comparable offshore jobs has received backing from the country's largest oil...

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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IEA forecasts 2026 oil demand to average 1 million b/d below 2025

Global oil demand is recovering from its May low as refined product supplies rebound, but the International Energy Agency (IEA) still expects average consumption...

ExxonMobil nears completion of TTUD-1 seismic survey offshore Trinidad

ExxonMobil is nearing completion of its seismic acquisition program on the TTUD-1 Block offshore Trinidad and Tobago, clearing the...

Exxon, FPSO contractors support bringing qualified Guyanese pay in line with expatriates, says Natural Resources Minister

Guyana's call for qualified nationals to earn the same salaries as expatriates performing comparable offshore jobs has received backing...
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Guyana-Suriname Basin success demonstrates value of long-term exploration investment

APA Corporation Executive Vice President of Exploration Tracey Henderson argued that the success of the Guyana-Suriname Basin is evidence that long-term investment in oil...

Guyana’s oil growth stands out as global high-impact exploration hits record low – Westwood

Guyana’s rapid offshore production growth is unfolding against a more cautious global exploration backdrop, with Westwood Global Energy Group...

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...
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Brazil’s Búzios tops 1.2 million b/d as P-78 and P-79 platforms ramp up production

Brazil's Búzios field has set another oil production record, surpassing 1.2 million barrels per day (b/d) just three days after reaching 1.1 million b/d,...

ExxonMobil Guyana production slightly dipped to 903,000 barrels per day

Crude oil production offshore Guyana averaged 903,000 barrels per day (b/d) in April 2026, a modest decline from 910,000...

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...
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Guyana’s oil growth stands out as global high-impact exploration hits record low – Westwood

Guyana’s rapid offshore production growth is unfolding against a more cautious global exploration backdrop, with Westwood Global Energy Group reporting that high-impact exploration drilling...

Petronas makes another discovery in gas-rich Block 52

President of Suriname, Jennifer Geerlings Simons moments ago said Petronas informed her just this morning that it made another...

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...
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Guyana earns almost US$2B from oil in first half of 2026

Guyana received just under US$2 billion in petroleum revenues during the first six months of 2026, according to official notifications published in the Official...

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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Tristar builds modern hub to support more port capacity in Guyana  

Tristar Port Inc. is positioning its West Bank Demerara facility as a modern logistics hub built to support Guyana’s growing offshore oil and gas...

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