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ExxonMobil Guyana rig extensions support Noble Corporation’s 2025 earnings performance

Noble Corporation said on February 11 that additional contracted rig years in Guyana supported full-year 2025 earnings performance, with adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) landing in the upper half of its original guidance range. President and...

Guyana regulator strengthening oil & gas production measuring capabilities

Alwin Etwah, Head of the Oil and Gas Unit at the Guyana National Bureau of Standards (GNBS), said Guyana is advancing legal reforms, expanding gas measurement capability and introducing digital oversight to strengthen fiscal metering in the petroleum sector. He...

Stena Carron at work: A closer look at the Drillship offshore Guyana

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...

Guyana’s private sector looks abroad for technology to drive non-oil growth

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...

Letter-to-the-Editor: Time to step up

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,...

Guyana launches advanced tech training hub to put citizens at the helm of oil & gas boom

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 eyes integrated well contracts for Suriname’s GranMorgu project

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...

Guyana’s Single Window system, digital reforms improving local business climate – PSC Chairman

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 moves to wipe out local content certification backlog with digital portal

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,...

Guyana license expands TotalEnergies exploration pipeline

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...

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TotalEnergies starts up Lapa South-West project, adds 25,000 b/d in Brazil

French supermajor TotalEnergies has started production at its Lapa South-West development in the Santos Basin, 300 kilometers offshore Brazil. The...