Charles Ramson Jr., Guyana’s Minister of Culture, Youth and Sport, has praised ExxonMobil’s recently announced US$100 million investment in science and technology education, calling it a catalyst for the future of Guyanese youth.
He was at the time delivering remarks...
PARAMARIBO, SURINAME – With 2028 first oil in focus, Suriname’s Local Content Board (LCB) has set its sights on strengthening coordination and tackling regulatory bottlenecks affecting project execution.
Earlier this week, the board met with industry and government stakeholders, including...
Dutch floater specialist, SBM Offshore, expects sustained demand for large and complex floating production vessels, identifying at least 16 floating production, storage and offloading (FPSO) vessel prospects over the next three years.
The outlook was shared during the company’s 2025...
Sixteen Secondary Schools, including four from Guyana’s hinterland regions, gathered with a buzz of excitement today, February 26, at the Cliff Anderson Sports Hall for the fourth annual Guyana-Monaco Mousetrap Car Grand Prix hosted by SBM Offshore Guyana.
The competition,...
SBM Offshore reported Directional revenue of US$5.1 billion for the full year 2025, with Directional earnings before taxes, interest, depreciation and amortization (EBITDA) of US$1.7 billion. This comes as the company expanded its fleet and advanced major projects in...
The Guyana government has set April 9, 2026, as the deadline for submissions under its revised Request for Proposals (RFP) for the long-anticipated Amaila Falls hydropower project, marking a fresh push to advance what would become the country’s largest...
Saipem, on February 23, announced it has been awarded an additional offshore Contract Release Purchase Order under its existing Long-Term Agreement with Aramco in Saudi Arabia.
The award covers engineering, procurement, construction and installation works in the Safaniya oil field,...
Dear Editor,
Observing the development and growth of the oil and gas sector, I note that statements from ExxonMobil and other industry players have consistently emphasized that oil discoveries are intended to contribute to poverty reduction and broader economic mitigation....
Executive Chairman of Ghana-based Cybele Energy, Beatrice Mensah Tayui, said her company will not participate in ‘rent-a-citizen’ arrangements as it enters Guyana’s oil and gas sector.
“We (Cybele Energy) will work closely to make sure that there's no such thing...
Touchstone Exploration Inc. announced its 2025 year-end reserves on February 25, reporting a 2% increase in the after-tax net present value of its total proved plus probable (2P) reserves to US$315 million.
The Calgary, Alberta-based company said GLJ Ltd. prepared...
