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DOF secures over US$15 million in vessel contracts for CARICOM region

Norwegian offshore services company DOF Group has secured contracts worth between US$15 million and US$25 million for two anchor handling tug supply (AHTS) vessels...

Nigeria targets up to US$50 billion in offshore investment as it competes with Guyana for oil capital

Nigeria expects to attract between US$30 billion and US$50 billion in offshore oil and gas investment by 2030 as 22 major deepwater projects move...

Communities to be consulted in Guyana on new local content opportunities

The Guyana government will conduct a six-month consultation to identify additional goods and services that Guyanese businesses can supply to the oil and gas...

Explained: ExxonMobil Guyana’s oil spill training and response system

Guyana’s offshore oil industry now produces more than 900,000 barrels of oil per day from the Stabroek Block, requiring systems that ensure personnel are...

SBM Offshore opens contracting opportunities for 3D survey and mechanical works

SBM Offshore has opened a request for information (RFI) for companies capable of providing 3D survey, piping fabrication, installation and mechanical services for its...
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Latest News

DOF secures over US$15 million in vessel contracts for CARICOM region

Norwegian offshore services company DOF Group has secured contracts worth between US$15 million and US$25 million for two anchor handling tug supply (AHTS) vessels...

Nigeria targets up to US$50 billion in offshore investment as it competes with Guyana for oil capital

Nigeria expects to attract between US$30 billion and US$50 billion in offshore oil and gas investment by 2030 as 22 major deepwater projects move...

Communities to be consulted in Guyana on new local content opportunities

The Guyana government will conduct a six-month consultation to identify additional goods and services that Guyanese businesses can supply to the oil and gas...

Explained: ExxonMobil Guyana’s oil spill training and response system

Guyana’s offshore oil industry now produces more than 900,000 barrels of oil per day from the Stabroek Block, requiring systems that ensure personnel are...

SBM Offshore opens contracting opportunities for 3D survey and mechanical works

SBM Offshore has opened a request for information (RFI) for companies capable of providing 3D survey, piping fabrication, installation and mechanical services for its...
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A young Guyanese engineer’s journey into subsea operations: Meet Darren Budhram

Darren Budhram entered Guyana’s offshore oil industry with more questions than answers. The petroleum engineering graduate joined ExxonMobil Guyana’s Subsea team directly after university....

Communities to be consulted in Guyana on new local content opportunities

The Guyana government will conduct a six-month consultation to identify additional goods and services that Guyanese businesses can supply to the oil and gas...

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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DOF secures over US$15 million in vessel contracts for CARICOM region

Norwegian offshore services company DOF Group has secured contracts worth between US$15 million and US$25 million for two anchor handling tug supply (AHTS) vessels...

Nigeria targets up to US$50 billion in offshore investment as it competes with Guyana for oil capital

Nigeria expects to attract between US$30 billion and US$50 billion in offshore oil and gas investment by 2030 as...

Communities to be consulted in Guyana on new local content opportunities

The Guyana government will conduct a six-month consultation to identify additional goods and services that Guyanese businesses can supply...
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Exxon exploring Rockhead-1 prospect in Stabroek Block, targeting more oil

The Stena Carron is carrying out exploration drilling at the Rockhead-1 prospect in Guyana’s Stabroek Block.  According to a recent notice from the Maritime Administration...

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...

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...
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SBM Offshore revenue doubles as Guyana projects advance

SBM Offshore’s Guyana portfolio featured prominently in a strong first-half performance that saw Directional revenue more than double to US$4.9 billion and Directional EBITDA...

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...

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...
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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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