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Ali positions Guyana’s “energy balance” model at OTC as pathway for development and climate goals

HOUSTON, TEXAS - President Irfaan Ali used his feature address at the Offshore Technology Conference in Houston, Texas to outline Guyana’s approach to managing oil production, renewable energy expansion and climate commitments under what he described as an “energy...

Venezuela’s military build-up, Essequibo claims deter investment, Foreign Affairs Minister tells ICJ

Guyana’s Foreign Affairs Minister Hugh Todd told the International Court of Justice (ICJ) that Venezuela’s military actions and territorial claims for Guyana’s Essequibo region have slowed investment and threatened development, as oral hearings opened on May 4 in The...

Guyana oil sector using AI to improve safety monitoring, GYSBI says

Artificial Intelligence (AI) being introduced into offshore oil and gas operations is helping reduce risk, improve compliance and strengthen safety monitoring in high-risk work environments, according to Kurt Busuttil, Senior Quality Health Safety Security and Environment (QHSSE) Manager at...

Blue Water Shipping delivers Guyana-made steel to China shipyard for Exxon project

Logistics firm Blue Water Shipping said it has completed the transport of 100 metric tonnes of Guyana-fabricated steel to China for integration into ExxonMobil’s Hammerhead floating production, storage and offloading (FPSO) vessel. The shipment, consisting of 56 heavy-duty pallets, moved...

Infrastructure decline, political risk flagged as key barriers to Venezuela oil output growth – Wood Mackenzie

Venezuela’s efforts to increase oil production are being constrained by deteriorating infrastructure and persistent political risk, even as reforms and renewed investment interest emerge, according to an April 27 analysis by Wood Mackenzie.  The report noted that while the government...

Chevron flags strategic role for crudes like Guyana’s in its global supply system

Chevron on Friday signaled that crude from Guyana is becoming an increasingly important part of its global supply system, as the U.S. oil major leans on a more flexible portfolio of equity barrels to boost refining margins and navigate...

U.S. Ambassador urges procurement reform, says investors must “come here and see” Guyana before entering market

U.S. Ambassador to Guyana Nicole Theriot is urging updates to the country’s procurement system while advising investors to visit in person before committing to the market. Speaking on the latest Energy Perspectives podcast episode, the Ambassador said clarity in rules...

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 multiple contract areas, according to a February 2026 map from Staatsolie. The acreage sits offshore within the Guyana-Suriname basin, where production...

Longtail emissions projected at about 0.003% of global greenhouse gas output – ExxonMobil

ExxonMobil Guyana has positioned the proposed Longtail development’s direct greenhouse gas emissions at about 0.003% of global emissions.  The information was presented at a public engagement on April 29 at the Umana Yana in Kingston, Georgetown, as part of consultations...

Letter to the Editor: Guyana’s safety culture is improving, but the work must continue

Dear Editor,  As we come to the end of the month-long observance of Occupational Health and Safety, it is encouraging to see that Guyana’s safety culture is beginning to shift in a meaningful way. For years, workplace safety was often overlooked,...

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Suriname touts low-cost, low-carbon edge as it considers incentives for offshore gas

Suriname is positioning its offshore sector as a low-cost, low-carbon investment opportunity as it considers incentives to attract more...