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Guyana’s Hammerhead development drives 18% increase in MODEC’s 2026 EPCI revenue

Guyana’s Hammerhead development contributed to an 18% increase in MODEC’s engineering, procurement, construction and installation (EPCI) revenue during the first half of 2026, as...

Can Guyana’s schools build digital classrooms without reliable electricity?

Classrooms today look very different from the ones many Guyanese students knew a generation ago.  Instead of relying only on chalkboards and textbooks, schools are...

Explained: The international agreements strengthening Guyana’s oil spill protections

Oil production takes place offshore, but the consequences of a major spill can extend far beyond an operating area. Currents, weather conditions and marine...

New Development Bank could serve as a tool to prepare Guyanese businesses to replace foreign contractors, says New Hayven Merchant Bank Chairman

Guyana’s upcoming Development Bank could become an important tool in preparing local businesses to compete for larger opportunities and eventually take on roles currently...

SBM Offshore advances low-carbon technology across FPSO portfolio

SBM Offshore is advancing a portfolio of technologies and operational initiatives aimed at reducing emissions, improving energy efficiency and embedding sustainability across the lifecycle...
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Latest News

Guyana’s Hammerhead development drives 18% increase in MODEC’s 2026 EPCI revenue

Guyana’s Hammerhead development contributed to an 18% increase in MODEC’s engineering, procurement, construction and installation (EPCI) revenue during the first half of 2026, as...

Can Guyana’s schools build digital classrooms without reliable electricity?

Classrooms today look very different from the ones many Guyanese students knew a generation ago.  Instead of relying only on chalkboards and textbooks, schools are...

Explained: The international agreements strengthening Guyana’s oil spill protections

Oil production takes place offshore, but the consequences of a major spill can extend far beyond an operating area. Currents, weather conditions and marine...

New Development Bank could serve as a tool to prepare Guyanese businesses to replace foreign contractors, says New Hayven Merchant Bank Chairman

Guyana’s upcoming Development Bank could become an important tool in preparing local businesses to compete for larger opportunities and eventually take on roles currently...

SBM Offshore advances low-carbon technology across FPSO portfolio

SBM Offshore is advancing a portfolio of technologies and operational initiatives aimed at reducing emissions, improving energy efficiency and embedding sustainability across the lifecycle...
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Life on the rig: Uriel Freedrik reflects on 28 days offshore

As Suriname builds out its offshore oil industry, more local workers are considering careers at sea. The opportunity can bring valuable experience, but life...

New Development Bank could serve as a tool to prepare Guyanese businesses to replace foreign contractors, says New Hayven Merchant Bank Chairman

Guyana’s upcoming Development Bank could become an important tool in preparing local businesses to compete for larger opportunities and eventually take on roles currently...

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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Guyana’s Hammerhead development drives 18% increase in MODEC’s 2026 EPCI revenue

Guyana’s Hammerhead development contributed to an 18% increase in MODEC’s engineering, procurement, construction and installation (EPCI) revenue during the first half of 2026, as...

Can Guyana’s schools build digital classrooms without reliable electricity?

Classrooms today look very different from the ones many Guyanese students knew a generation ago.  Instead of relying only on...

Explained: The international agreements strengthening Guyana’s oil spill protections

Oil production takes place offshore, but the consequences of a major spill can extend far beyond an operating area....
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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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