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Petrobras completes acquisition of 49.99% stake in Lightsource bp Brazil subsidiaries

Petrobras has completed the acquisition of a 49.99% stake in Lightsource bp's subsidiaries in Brazil, advancing a strategic partnership focused on onshore renewable energy...

ExxonMobil invites public input as proposed Haimara project enters EPA process

ExxonMobil Guyana has applied to the Environmental Protection Agency (EPA) for environmental authorization for the Haimara project, its proposed ninth development in the Stabroek...

Guyana seen as more attractive oil investment destination as Venezuela debt talks continue – S&P Global

Guyana is seen as a more attractive oil investment destination as Venezuela works through a sovereign debt restructuring process that analysts say could take...

Guyanese rescue swimmer supports successful offshore medical evacuation by OHI Guyana

A Guyanese rescue swimmer was part of a multinational crew that carried out a medical evacuation offshore Guyana on May 24, following a suspected...

Guyana army in military exercises with U.S., Brazil

Guyana’s military carried out separate exercises with the United States and Brazil over the weekend, as the oil producer deepens regional defense cooperation with...
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Latest News

Petrobras completes acquisition of 49.99% stake in Lightsource bp Brazil subsidiaries

Petrobras has completed the acquisition of a 49.99% stake in Lightsource bp's subsidiaries in Brazil, advancing a strategic partnership focused on onshore renewable energy...

ExxonMobil invites public input as proposed Haimara project enters EPA process

ExxonMobil Guyana has applied to the Environmental Protection Agency (EPA) for environmental authorization for the Haimara project, its proposed ninth development in the Stabroek...

Guyana seen as more attractive oil investment destination as Venezuela debt talks continue – S&P Global

Guyana is seen as a more attractive oil investment destination as Venezuela works through a sovereign debt restructuring process that analysts say could take...

Guyanese rescue swimmer supports successful offshore medical evacuation by OHI Guyana

A Guyanese rescue swimmer was part of a multinational crew that carried out a medical evacuation offshore Guyana on May 24, following a suspected...

Guyana army in military exercises with U.S., Brazil

Guyana’s military carried out separate exercises with the United States and Brazil over the weekend, as the oil producer deepens regional defense cooperation with...
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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,...

ExxonMobil’s Longtail project to create over 1,600 jobs

ExxonMobil expects the planned Longtail development to create up to 1,680 jobs across its phases, according to the project’s Environmental Impact Assessment (EIA) published...

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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Petrobras completes acquisition of 49.99% stake in Lightsource bp Brazil subsidiaries

Petrobras has completed the acquisition of a 49.99% stake in Lightsource bp's subsidiaries in Brazil, advancing a strategic partnership focused on onshore renewable energy...

ExxonMobil invites public input as proposed Haimara project enters EPA process

ExxonMobil Guyana has applied to the Environmental Protection Agency (EPA) for environmental authorization for the Haimara project, its proposed...

Guyana seen as more attractive oil investment destination as Venezuela debt talks continue – S&P Global

Guyana is seen as a more attractive oil investment destination as Venezuela works through a sovereign debt restructuring process...
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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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Guyana oil fund surpasses US$4 billion for first time

Guyana’s Natural Resource Fund (NRF) surpassed the US$4 billion mark for the first time at the end of April 2026, supported by high crude...

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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