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Payara still leads ExxonMobil’s record-breaking ramp-up offshore Guyana

ExxonMobil’s Payara project continues to hold the record for the fastest production ramp-up among all oil developments in Guyana’s offshore Stabroek Block. Production from the Prosperity floating production, storage and offloading (FPSO) vessel began in November 2022 and hit 220,000...

New play concept targets Aptian carbonates in Suriname’s Demerara High

A new frontier play concept is being tested in Suriname’s deepwater as TotalEnergies and Shell explore the potential of Aptian-age carbonates on the Demerara Plateau. According to a November 11 report from global energy magazine GeoExPRO, the Macaw-1 well in...

ExxonMobil expands offshore surveys to advance next phase of Guyana’s oil developments

ExxonMobil Guyana Limited (EMGL) has expanded its offshore data acquisition work, with new geotechnical, underwater, and seismic surveys underway across the Stabroek Block. According to a notice from the Maritime Administration Department, geotechnical surveying operations commenced on November 15 and...

Guyana’s October crude oil exports went to 14 countries

Guyana exported a record 28 crude oil cargoes in October, its highest monthly total to date, as offshore production continued to climb with ExxonMobil’s new Yellowtail project. Data compiled from the Maritime Administration Department (MARAD) and ship-tracking platforms MarineTraffic,...

Ramsaroop urges businesses to ‘follow the money’ and align with Guyana’s national development agenda

Guyana’s Chief Investment Officer, Dr. Peter Ramsaroop, urged local entrepreneurs to align their ventures with the nation's economic priorities, emphasizing strategy, passion, and readiness for growth.  He was speaking at the Georgetown Chamber of Commerce and Industry’s (GCCI) Business Development...

Longtail project to mark beginning of Guyana’s new gas chapter – ExxonMobil’s Routledge

ExxonMobil Guyana President Alistair Routledge says the upcoming Longtail development will open a new chapter in Guyana’s energy journey, marking the country’s entry into large-scale gas development. He was speaking at the Berbice Development Summit, where he outlined how...

Clement Sankat: The Engineer building Guyana’s future through education

Few academics in the Caribbean have shaped as many institutions as Professor Clement Sankat. The chartered mechanical engineer and veteran educator has spent more than four decades using education to fuel national development, from expanding universities in Trinidad and...

Guyana’s Local Content Secretariat to launch digital portal and AI checks to speed up certification 

The Local Content Secretariat is moving to a digital system to cut certificate wait times and widen access in Guyana. Director Michael Munroe announced the plan on day two of a Business Development Forum hosted by the Georgetown Chamber...

Tourism minister calls for cultural shift, stronger service standards to power Guyana’s next economic phase

Tourism, Industry, and Commerce Minister Susan Rodrigues has called for a national cultural transformation to align with Guyana’s rapid economic growth, emphasizing that discipline, professionalism and improved service delivery are essential for sustaining progress.  Speaking on the second day of...

Secretariat eyes 20 new areas for Guyana’s Local Content Act – Director 

The Local Content Secretariat has flagged more than 20 additional areas that could be added to the first schedule of Guyana’s Local Content Act. Director Michael Munroe made the disclosure on day two of the Georgetown Chamber of Commerce...

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Payara still leads ExxonMobil’s record-breaking ramp-up offshore Guyana

ExxonMobil’s Payara project continues to hold the record for the fastest production ramp-up among all oil developments in Guyana’s...