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Saipem completes Yellowtail offshore scope for ExxonMobil Guyana

Saipem has announced the completion of its contracted scope of work for ExxonMobil Guyana’s Yellowtail field in the Stabroek Block, located in water depths of about 1,800 metres. The contract, awarded in 2022, covered the Engineering, Procurement, Construction, and Installation...

‘We have more opportunities now than we ever had’ – Guyanese Engineer on commissioning ONE GUYANA FPSO

Kenny Bissoon’s career has taken him from petrochemical plants in Trinidad to shipyards in Singapore and China, but bringing the ONE GUYANA floating production, storage and offloading (FPSO) vessel online in his home country stands out as a defining...

Exxon-led group pays Guyana over US$77 million in royalties for Q2 crude

Guyana collected US$77.9 million (GY$16.2 billion) in royalties from ExxonMobil, Hess (acquired by Chevron) and CNOOC, for crude produced and sold offshore during the second quarter of 2025, according to the latest Natural Resource Fund (NRF) report.  This brought royalty...

TT will lead ‘next chapter’ in energy age — PM Persad-Bissessar

Prime Minister Kamla Persad-Bissessar has pledged that Trinidad and Tobago will take a proactive role in shaping the future of its energy sector, stating, “Trinidad and Tobago will not wait for the end of any energy age. We will...

The PAA Series: Management Themes (Part 7)

Management Themes (Part 6) focused on the grant of a Petroleum Production Licence (PPL) under the Petroleum Activities Act 2023 (PAA). We saw that section 33 provides that the Minister may grant the PPL on such conditions as the...

A Keystone Review: Beyond the Ballot Box, Guyana’s next era

By Keystone Consulting Group As Guyana approaches its crucial 2025 General and Regional Elections, the natural and critical question of ‘who will govern next’ rises to the forefront of our thoughts. It is the subject of much analysis and debate,...

Letter-to-the-Editor: Strengthening Guyana’s oil spill response is a win for both the environment and the economy 

Dear Editor, The recent completion of the Oil Spill Response & Shoreline Cleanup Assessment Techniques Course and Incident Command System (ICS) Course by twenty seven members of the Guyana Defense Force is not just about capacity building via drills and...

Guyanese Engineers reflect on their role in ONE GUYANA vessel startup

The ONE GUYANA floating production, storage and offloading (FPSO) vessel now stands as a symbol of both engineering excellence and national progress; at its heart are Guyanese engineers who helped bring the massive vessel to life. Reedel James, Subsea Systems...

Touchstone reports Q2 loss despite Central Block acquisition boost

Touchstone Exploration reported that it completed the acquisition of Shell Trinidad Central Block Limited in the second quarter of 2025, adding “approximately 1,910 barrels of oil equivalent per day (boe/d) of liquids-rich natural gas production” and providing access to...

Ali projects GY$870 billion housing investment for Guyana, 30,000 new homes over next five years

Guyana's President, Dr. Mohamed Irfaan Ali, has outlined plans for a GYD870 billion expansion in the country's housing sector over the next five years, committing to the construction of at least 30,000 homes and the development of 20,000 acres...

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Guyana opposition stages protest in Parliament over MV Barima tragedy as House approves funding, passes bills

Opposition Members of Parliament (MP) staged a protest in the National Assembly on Monday afternoon, chanting for the dismissal...