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Dear Editor, I am constantly engaged with reports across a range of industries—none more prominent in recent years than the oil and gas sector in Guyana, which continues to attract attention from international organizations and potential investors. The recent oil spill...

Guyana is pursuing new carbon credit agreements to support its climate adaptation and mitigation efforts, Minister of Natural Resources Vickram Bharrat has confirmed. “We are open to engagement with any company,” Bharrat told S&P Global during an interview in April....

Upstream oil investment is expected to decline by 6% in 2025, marking the first drop since 2020 and the steepest since 2016. This is according to the International Energy Agency (IEA) in its World Energy Investment 2025 report, released...

Steve Sirkissoon has always been fascinated by the offshore world. Now, as a trainee derrickman aboard the Stena DrillMAX, he's living that dream. “It's a relatively new industry in our country, but I have always been interested in offshore working...

Trinidad and Tobago’s Prime Minister Kamla Persad-Bissessar has warned that deadly force will be used against unidentified vessels entering the country’s waters from Venezuela, prompting criticism from former Prime Minister Stuart Young. Young warned that the move could jeopardize...

Noble Corporation says it continues to prioritize the development of Guyanese talent as part of its offshore operations. According to its 2024 Sustainability Report, all offshore assets are staffed with Guyanese doctors. The company said it works with more than...

SBM Offshore has signed a share purchase agreement to sell its entire equity interest in the lease and operating entities of the FPSO Aseng to GE Petrol, Equatorial Guinea’s national oil company. “The sale is in line with SBM Offshore’s...

The Government of Guyana is inviting applications for eight Instructor positions at the new Guyana Technical Training College Incorporated (GTTCI), currently under construction in Port Mourant, Berbice. The initiative is being spearheaded through the Office of the President. Selected applicants...

ExxonMobil has reaffirmed Guyana’s growing importance within its global operations, with Business Services Manager John Colling declaring that the South American nation will remain a “very important component” of the company’s production strategy for years to come. ExxonMobil currently has...

A sharp rise in the combined asset base of Stabroek Block co-venturers ExxonMobil, Hess, and CNOOC, has strengthened the consortium’s ability to financially respond to a potential offshore oil spill.  The three companies reported total assets of US$34.3 billion at...