In the Stabroek Block, offshore Guyana, the Stena Carron is currently the only drillship from Stena Drilling Ltd. operating in the acreage. The company previously had the Stena DrillMax working in the block, but its work program concluded in...
Cross-border technology transfer is essential to strengthening Guyana’s private sector beyond oil and gas, according to Captain Gerald Gouveia Jr., Chairman of the Private Sector Commission (PSC).
Gouveia told OilNOW last week that technology is already driving growth in the...
Dear Editor,
Over the past year, Guyana has not just talked about growth. We have seen it in our towns, streets, and businesses.
New shops are opening, hotels are rising, and companies are expanding. From construction to technology and digital services,...
A strategic investment to prepare Guyanese for high-level jobs in the country’s oil and gas and other advanced industries is how the newly opened Guyana Technical Training College Inc. (GTTCI) was described by President Irfaan Ali today, February 14.
The...
TotalEnergies is considering a move toward more integrated well contracts for its offshore development in Suriname, Chief Executive Officer Patrick Pouyanné said during the company’s fourth-quarter 2025 earnings call on February 12.
Pouyanné told analysts the company is refining how...
Digital reforms undertaken by the Guyanese government, including the Planning and Development Single Window system, are improving efficiency in the country’s business environment by reducing approval timelines and streamlining regulatory processes. This is according to Chairman of the Private...
Guyana’s Ministry of Natural Resources, through the Local Content Secretariat, has launched its online portal to speed up local content certification and reduce delays, as the government seeks to improve efficiency in the oil and gas supply chain.
Michael Munroe,...
TotalEnergies said in its fourth-quarter 2025 earnings report released on February 12 that a newly signed petroleum license offshore Guyana adds to its pipeline of future projects, as the company pushes to expand exploration acreage across multiple regions.
The French...
Chairman of Guyana’s Private Sector Commission (PSC), Captain Gerald Gouveia Jr. says local businesses are taking on bigger roles in the oil and gas sector, including offshore vessel operations, catering, aviation services, and oil block operations.
Speaking with OilNOW this...
Guyana has allocated GY$118.9 million (approximately US$570,000) in its 2026 budget to review ExxonMobil’s proposed Longtail development, Natural Resources Minister Vickram Bharrat said on February 10.
Speaking during consideration of budget estimates, Bharrat said the allocation caters for the “eventuality”...