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TotalEnergies files plans for offshore surveys in Suriname

TotalEnergies Suriname has submitted draft environmental impact statements to Suriname’s National Institute for Environment and Development (NIMOS) for offshore oil exploration. The company plans to conduct geophysical surveys in shallow water Blocks 6 and 8, located 90 km offshore in...

Atlas Professionals gears up Surinamese talent for GranMorgu offshore project

As Suriname prepares for the large-scale GranMorgu offshore project, Atlas Professionals has launched a focused initiative to train and certify local talent for offshore roles, the company announced this week.  The “Greenhands Offshore” program is designed to identify and equip...

From Criminal Law to the Law of the Sea: Meet Thandi McAllister

In celebration of the International Day for Women in Maritime, we highlight Thandi McAllister, Guyana’s IMO Representative and MARAD Legal Director, whose work shapes maritime law and leadership. Thandi McAllister once planned a career in criminal law. But a second-year...

ExxonMobil eyes US$30B in low-emission projects as Guyana sets example in cleaner oil production

ExxonMobil plans to invest up to US$30 billion in low-emission initiatives from 2025 to 2030. Nearly 65% of that spending targets emissions reductions for third-party customers. The investments depend on supportive policies, regulations, and continued advances in technology and markets,...

Exxon executive affirms stability in Guyana outlook regardless of arbitration outcome

ExxonMobil’s Senior Vice President Neil Chapman said Thursday that operations and investment plans in Guyana remain “100% aligned” among the Stabroek Block partners, despite an ongoing arbitration that could impact the ownership structure of the prolific offshore asset. “Zero change,”...

A plea for responsible politics ahead of September elections

Dear Editor, President Irfaan Ali, over the weekend, announced that Regional and General Elections are slated for September 1. While this is welcomed news, I cannot help but reflect on the uncertainties that surrounded the last elections in 2020. If you...

How Suriname compares to Guyana: Lessons from a neighbor’s oil journey

PARAMARIBO, SURINAME - Just across the Corentyne River, Suriname is watching. It has seen Guyana go from oil discovery to oil power in less than a decade, GDP booming, rigs multiplying and an international attention growing. But where Guyana...

Guyana will become one of top five LatAm oil producers this year with startup of Yellowtail FPSO – Wood Mackenzie

Guyana is on track to become one of the top five liquid-producing countries in Latin America (LatAm) in 2025, according to Amanda Bandeira, a Research Analyst at Wood Mackenzie. “Production keeps growing, and exploration drilling is intensifying again in the...

What should Guyana make of Maduro’s renewed partnership with Russia?

  Venezuela’s Nicolas Maduro and Russian President Vladimir Putin have publicly reaffirmed support for their nations with a strategic partnership agreement.  As reported by Reuters, Russia and Venezuela agreed to deepen cooperation in energy, including joint initiatives within OPEC+, the Gas...

Exxon targets tripling Guyana output capacity in five years

ExxonMobil Corp plans to triple its oil production capacity in Guyana over the next five years, as part of a global strategy to concentrate capital on low-cost, high-return assets, a senior company executive said on Thursday. Speaking at the 41st...

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The movers and shakers in Suriname’s offshore basin

Suriname’s offshore basin is being shaped by a mix of international operators and partners, with exploration wells drilled across...