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President Santokhi launches oil royalty program for all citizens 

Işıl Güneş Gaté -
Paramaribo – May 18, 2025: President Chandrikapersad Santokhi officially launched the ‘Royalty’s Voor Iedereen’ (RVI) program last week, marking a “historic step” in sharing Suriname’s future oil wealth directly with its people.  The program ensures that every Surinamese citizen born...
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SBM Offshore’s animated videos win praise from Guyana’s health minister for tackling youth mental health stigma

OilNOW -
Animated videos developed by SBM Offshore Guyana to tackle stigma around mental illness among children and adolescents could be a vital tool in improving public understanding of mental health, Health Minister Dr. Frank Anthony said on Tuesday. Speaking at the...
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Guyana Parliament passes Oil Spill Bill to boost environmental protection as production ramps up

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In a move that government officials say is vital as oil production surges, Guyana’s National Assembly passed sweeping new legislation on Friday to enhance the country’s ability to prevent and respond to oil spills.  The Oil Pollution Prevention, Preparedness, Response...
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Halliburton delivers first Namibia wells using local infrastructure in partnership with Rhino Resources

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Halliburton and Rhino Resources have announced the successful delivery of two exploration wells on Block 2914 within Petroleum Exploration License (PEL) 85 offshore Namibia. Halliburton’s integrated services and collaborative approach were key to Rhino’s success as the block’s operator. These...
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Exxon and the Liza legacy: A decade of oil development in Guyana

Shikema Dey -
Liza was the biggest, best prospect in a basin with zero discoveries. It kicked into gear the development of what is now known as one of the world’s prolific deepwater assets, the Stabroek Block. It is now 10 years...
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“Ten years is only the beginning” – ExxonMobil’s Hunter Farris reflects on Guyana’s rise as an energy superpower

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“Ten years is only the beginning.” That’s how Hunter Farris, Senior Vice President for Deepwater at ExxonMobil Upstream Company, summed up the extraordinary transformation of Guyana’s oil and gas industry, as the company marks the 10th anniversary of its...
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Staatsolie locks in 20% participation in GranMorgu with US$1.6B loan

OilNOW -
Staatsolie Maatschappij Suriname N.V. has secured a US$1.6 billion bank loan to finance its 20% participation in the GranMorgu development in Block 58. The loan agreement was finalized on Wednesday, May 14, with a consortium of 18 international, regional, and...
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SBM Offshore to deliver three FPSOs in 2025 amid strong market demand 

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SBM Offshore said it is on track to bring three major FPSOs online in 2025, with FPSO Almirante Tamandaré, FPSO Alexandre de Gusmão, and FPSO ONE GUYANA progressing steadily toward key milestones. Chief Executive Officer, Øivind Tangen, confirmed this in...
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Guyana Army Chief declines to link border skirmishes to Venezuela military

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Guyana’s army chief on Thursday declined to directly attribute a series of recent border skirmishes to the Venezuelan military, in the wake of reports that troops from the Guyana Defence Force (GDF) came under automatic fire three times this...
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Bulk carrier spills oil at Guyana’s Demerara River, regulator says

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A bulk carrier moored at a wharf along Guyana’s Demerara River spilled oil on Thursday, prompting an emergency response from authorities, the country’s maritime regulator said. The Palau-flagged AROYAT (IMO 9151395) was docked at the Demerara Sugar Terminal (DST) in Ruimveldt to...
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NewsIşıl Güneş Gaté -

President Santokhi launches oil royalty program for all citizens 

Paramaribo – May 18, 2025: President Chandrikapersad Santokhi officially launched the ‘Royalty’s Voor Iedereen’ (RVI) program last week, marking...

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