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Guyana’s export of oil is largely responsible for the country's trade surplus with the United States. This surplus was a deciding factor in the recently announced tariffs by President Donald Trump which has resulted in the application of a...

Dear Editor, As I continue to work in public communications,  after speaking with the average citizen on a regular basis, I find that more people are becoming interested in the oil and gas sector. However, many are deeply concerned about...

Petronas will begin a 257-day, three-well drilling campaign in Suriname’s offshore Block 52 in June. The program details were disclosed in documents submitted to the country’s National Institute for Environment & Development (NIMOS), according to a report in Upstream...

One of the key substations that will transmit power from Guyana’s 300-megawatt (MW) Gas-to-Energy (GtE) project is nearing completion, well ahead of the project’s full commissioning. Minister within the Ministry of Public Works, Deodat Indar, on April 3 inspected...

“Suriname has significant untapped potential,” U.S. Ambassador to Suriname Robert J. Faucher said in a recent interview, emphasizing investment as a key area of engagement between the U.S. and Suriname. He highlighted the need for reforms to attract businesses,...

Dear Editor,  We recently had a visit by the United States Secretary of State, Marco Rubio, who emphasised that any aggression towards Guyana or its economic interests, including ExxonMobil, would result in severe consequences. This statement sends a clear and...

Months before the country’s Gas-to-Energy (GtE) project is set to deliver first power, Guyana has signed US$422 million in contracts. The firms awarded are Power China and Kalpataru Projects International Limited (KPIL). They are expected to complete the work...

Management Themes (Part 1) explored the ownership, licensing and environmental management themes and highlighted corresponding legislative provisions within the Petroleum Activities Act 17 of 2023 (PAA). In this publication, we will look at maximising access to petroleum resources. Management Theme...

Halliburton Guyana Inc. has issued a Request for Information (RFI) for engineering design services. The selected supplier will design a liquid mud and bulk plant for Halliburton Suriname. The scope includes full engineering for civil design, mechanical piping, and electrical...

ExxonMobil expects a significant rise in first-quarter earnings, driven by higher crude oil and natural gas prices.  The company signaled in a Securities Exchange Commission (SEC) filing on April 3, published on its website, that these factors and stronger refining...