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Telesur and Orange expand subsea capacity to meet Suriname’s rising oil and gas demand

PARAMARIBO, SURINAME – Telecommunications provider Telesur and Orange Global Networks have entered a new ten-year agreement to expand Suriname’s international connectivity and prepare the country for a major growth in data demand as offshore oil development advances.  The memorandum of...

China’s first taste of Guyana’s Golden Arrowhead crude heads to Huizhou

A very large crude carrier (VLCC) is delivering China’s first cargo of Guyana’s new Golden Arrowhead crude grade, marking a rare long-haul shipment from Guyana as output from the ExxonMobil-led Stabroek Block continues to rise. According to oil analytics firm...

Guyanese invited to learn more about Gas-to-Energy pipeline on Nov. 22

ExxonMobil will host an open house on Saturday, November 22, to update residents on Guyana’s landmark Gas-to-Energy (GtE) project. The event will be held at Westminster Secondary School, West Bank Demerara, from 10 AM to 3 PM. The company said...

Exxon weighs early purchase of ONE GUYANA FPSO

ExxonMobil Guyana is considering buying the ONE GUYANA floating production, storage and offloading vessel in early 2026, ahead of the unit’s maximum lease end in August 2027.  SBM Offshore disclosed the update in its recently released third-quarter trading report, which...

MODEC’s Guyana contract drives 1,327% surge in orders for 2025

Japan-based floating production specialist MODEC Inc. has reported strong results for the first nine months of 2025, driven by a new contract with ExxonMobil Guyana Limited for the Hammerhead development in the Stabroek Block.  The company said orders received totaled...

Kuldipsingh’s long game pays off as Surinamese port lands major TotalEnergies contract

Kuldipsingh Port Facility has secured a 10-year contract from TotalEnergies EP Suriname after spending years upgrading its operations to meet international oil and gas standards.  The deal, announced on November 14, will see the company develop and operate an Integrated...

Suriname set to host region’s first floating liquefied natural gas facility

Suriname is preparing to host what industry analysts describe as the region’s first floating liquefied natural gas (LNG) facility, after the Sloanea gas field in offshore Block 52 was declared commercial.  Malaysian state oil company Petronas and Suriname’s national oil...

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...

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Telesur and Orange expand subsea capacity to meet Suriname’s rising oil and gas demand

PARAMARIBO, SURINAME – Telecommunications provider Telesur and Orange Global Networks have entered a new ten-year agreement to expand Suriname’s...