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HOUSTON, TEXAS — Guyana’s offshore oil sector is expanding at a pace that is beginning to rival subsea activity levels in the U.S. Gulf of Mexico, according to TechnipFMC’s Onshore Operations Director Omon Dibua. Speaking Tuesday at the Offshore Technology...

HOUSTON, TEXAS - TotalEnergies says discoveries offshore Guyana and Suriname continue to strengthen the Guyana-Suriname basin’s position as a major source of low-cost oil production. Speaking on Day Two of the Offshore Technology Conference during the Around the World Panel...

HOUSTON, TEXAS - ExxonMobil Guyana President Alistair Routledge said the planned Longtail development is tied to Guyana reaching oil production capacity of 1.7 million barrels per day (b/d) by 2030, as projects continue to advance in the Stabroek Block. He...

HOUSTON, TEXAS - ExxonMobil’s Senior Director of International Government Relations, Craig Kelly, said Guyana’s rapid oil development is positioning the country as a gateway for investment across northern Brazil and the southern Caribbean. Speaking on Day Two of the Offshore...

HOUSTON, TEXAS - Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith is pushing for greater investment in Guyana’s micro, small and medium-sized enterprises, arguing that many are already generating substantial revenues from opportunities linked to the country’s...

HOUSTON, TEXAS - Private Sector Commission (PSC) Chairman Gerald Gouveia Jr. is urging investors to partner with Guyana as the country works to sustain rapid economic growth driven by its oil sector. He made the call on Monday, May 4,...

Guyana’s Court of Appeal on Thursday overturned a 2023 High Court ruling that had required ExxonMobil Guyana to provide an unlimited financial guarantee to cover potential environmental damages from its offshore oil operations. The appellate court ruled in favour of...

SBM Offshore reported a 216% increase in directional revenue to US$3.489 billion (approx. GYD $727 billion) in the first quarter of 2026, driven largely by activity tied to Guyana’s offshore oil developments and the sale of the ONE GUYANA...

Sustainable Environmental Solutions (SES) has reached 100% local content in the management and operations of its waste treatment facility, with Guyanese staff now holding both technical and leadership positions. The milestone was disclosed on April 30 during the commissioning of the iNOVaTHERM™ system.  SES...

Chevron is focusing investment on low-cost, long-life oil assets as global energy producers adjust strategies amid continued disruption from the Middle East crisis, Chief Executive Mike Wirth said on May 1, according to S&P Global. "One thing you can expect...