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Exxon starts 60-day comment period for Hammerhead impact study

ExxonMobil said that it started a 60-day comment period related to its proposed Hammerhead project in Guyana. In a notice, Exxon said that it...

2025 is busiest year for Exxon’s SURF installation offshore Guyana 

ExxonMobil Guyana is embarking on its most intensive year yet for subsea umbilicals, risers, and flowlines (SURF) installation, according to company President Alistair Routledge....

Vessel Review: The cylindrical Haikui No. 1 FPSO 

China National Offshore Oil Corporation (CNOOC) last June delivered Haikui No. 1, a floating production storage and offloading (FPSO) unit built by Qingdao CNOOC...

Trinidad hopeful new exploration will uncover nearly 60 tcf of gas

Trinidad and Tobago is optimistic about new exploration efforts that could unlock nearly 60 trillion cubic feet (tcf) of natural gas.  “Exploration resources stand at...

Chevron to cut up to 20% of global workforce amid expansion, legal hurdles

Aiming to cut costs and streamline operations amid expansion efforts and a legal dispute, Chevron plans to reduce its global workforce by 15% to...
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Latest News

Exxon starts 60-day comment period for Hammerhead impact study

ExxonMobil said that it started a 60-day comment period related to its proposed Hammerhead project in Guyana. In a notice, Exxon said that it...

2025 is busiest year for Exxon’s SURF installation offshore Guyana 

ExxonMobil Guyana is embarking on its most intensive year yet for subsea umbilicals, risers, and flowlines (SURF) installation, according to company President Alistair Routledge....

Vessel Review: The cylindrical Haikui No. 1 FPSO 

China National Offshore Oil Corporation (CNOOC) last June delivered Haikui No. 1, a floating production storage and offloading (FPSO) unit built by Qingdao CNOOC...

Trinidad hopeful new exploration will uncover nearly 60 tcf of gas

Trinidad and Tobago is optimistic about new exploration efforts that could unlock nearly 60 trillion cubic feet (tcf) of natural gas.  “Exploration resources stand at...

Chevron to cut up to 20% of global workforce amid expansion, legal hurdles

Aiming to cut costs and streamline operations amid expansion efforts and a legal dispute, Chevron plans to reduce its global workforce by 15% to...
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All-female team led the inaugural Suriname Awareness Symposium

Three trailblazing women joined forces to pull off the first-ever Suriname Awareness Symposium (SAS). The symposium, according to the trio, showcases the power of...

SBM Offshore looking at early start for local capacity development in Suriname  

SBM Offshore is working to lay the foundation for capacity building and local content development in Suriname as it looks towards delivering the first...

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Exxon starts 60-day comment period for Hammerhead impact study

ExxonMobil said that it started a 60-day comment period related to its proposed Hammerhead project in Guyana. In a notice, Exxon said that it...

2025 is busiest year for Exxon’s SURF installation offshore Guyana 

ExxonMobil Guyana is embarking on its most intensive year yet for subsea umbilicals, risers, and flowlines (SURF) installation, according...

Vessel Review: The cylindrical Haikui No. 1 FPSO 

China National Offshore Oil Corporation (CNOOC) last June delivered Haikui No. 1, a floating production storage and offloading (FPSO)...

Trinidad hopeful new exploration will uncover nearly 60 tcf of gas

Trinidad and Tobago is optimistic about new exploration efforts that could unlock nearly 60 trillion cubic feet (tcf) of...

Chevron to cut up to 20% of global workforce amid expansion, legal hurdles

Aiming to cut costs and streamline operations amid expansion efforts and a legal dispute, Chevron plans to reduce its...
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Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to 69 in 2024. In this...
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Noble Developer to drill three wells offshore Suriname

Noble Corporation announced on Monday that it has entered an agreement with PETRONAS Suriname E&P B.V. for the high-specification...

Exxon continues appraisal of Haimara gas discovery

ExxonMobil continues drilling at the Haimara-3 well, appraising its Haimara-1 gas discovery of 2019. Guyana’s Maritime Administration Department (MARAD) said...
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Guyana oil production averaged 656,000 b/d in December

ExxonMobil Guyana produced 20.3 million barrels of crude in December 2024 at an average rate of approximately 656,000 barrels per day (b/d). Production was nearly...

Six FPSOs targeting over five billion barrels of oil at Stabroek Block – Hess

Hess Corporation has revealed that nearly half of the Stabroek Block’s massive 11.6-billion-barrel reserve will be tapped with six...

Stabroek Block’s 2024 production exceeded 200 million barrels in November

ExxonMobil Guyana sustained stable production at its Stabroek Block projects in November 2024, accumulating 205 million barrels since the...
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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...

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...

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

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 oil production averaged 656,000 b/d in December

ExxonMobil Guyana produced 20.3 million barrels of crude in December 2024 at an average rate of approximately 656,000 barrels per day (b/d). Production was nearly...

CCJ ruling confirms process by which Stabroek co-venturers apply for and are granted project approvals is lawful

By Chevy Devonish In a previous article we examined how the Caribbean Court of Justice (“CCJ”) in Attorney General of Guyana v Environmental Protection Agency...

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Eight Guyanese form first cohort of MODEC’s trainee program in Guyana

Eight Guyanese have been selected for the inaugural cohort of MODEC's newly launched trainee program in Guyana, designed to offer global training, hands-on experience,...

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