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Guyana seen as more attractive oil investment destination as Venezuela debt talks continue – S&P Global

Guyana is seen as a more attractive oil investment destination as Venezuela works through a sovereign debt restructuring process that analysts say could take years to complete, according to an S&P Global analysis published on May 20.  The report examined...

ExxonMobil invites public input as proposed Haimara project enters EPA process

ExxonMobil Guyana has applied to the Environmental Protection Agency (EPA) for environmental authorization for the Haimara project, its proposed ninth development in the Stabroek Block. The project is expected to anchor a gas-focused development in the southeast section of the...

Petrobras completes acquisition of 49.99% stake in Lightsource bp Brazil subsidiaries

Petrobras has completed the acquisition of a 49.99% stake in Lightsource bp's subsidiaries in Brazil, advancing a strategic partnership focused on onshore renewable energy and energy storage projects in the country. Petrobras to invest US$2.14B in São Paulo by 2030...

Guyanese rescue swimmer supports successful offshore medical evacuation by OHI Guyana

A Guyanese rescue swimmer was part of a multinational crew that carried out a medical evacuation offshore Guyana on May 24, following a suspected cardiac emergency aboard a vessel, according to Omni Helicopters Guyana Incorporated. The company said the patient...

ExxonMobil’s Longtail development outlines layered safeguards for marine protection offshore Guyana

ExxonMobil proposed Longtail development will incorporate multiple environmental safeguards aimed at reducing impacts on marine ecosystems, water quality, and coastal resources offshore Guyana, according to the project’s Environmental Impact Assessment (EIA) published by the Environmental Protection Agency (EPA) in...

NGC renews all gas supply contracts with Proman affiliates in Trinidad

The National Gas Company of Trinidad and Tobago has completed the renewal of all downstream gas supply contracts with affiliates of Proman, securing natural gas supply for key methanol and ammonia operations on Trinidad’s Point Lisas Industrial Estate. The development...

Guyana army in military exercises with U.S., Brazil

Guyana’s military carried out separate exercises with the United States and Brazil over the weekend, as the oil producer deepens regional defense cooperation with its partners. The U.S. Embassy in Georgetown said President Irfaan Ali visited the USS Nimitz aircraft...

ExxonMobil’s Longtail project to create over 1,600 jobs

ExxonMobil expects the planned Longtail development to create up to 1,680 jobs across its phases, according to the project’s Environmental Impact Assessment (EIA) published by Guyana’s Environmental Protection Agency (EPA) in March. The project is tied to Guyana reaching oil...

Venezuelan oil helps ease impact of global supply disruptions on U.S., Chevron CEO says

Venezuelan crude production is helping offset some of the impact of global supply disruptions on the United States, according to Chevron. In a May 6 CNBC interview, Chevron Chief Executive Officer Mike Wirth said the company has been working with...

New registry aims to make Guyanese professionals easier to find

A new digital registry has been launched to help Guyanese professionals make their services more visible to companies, procurement teams, and individual clients. Workforce Guyana, a new local venture, has opened early registration for professionals ahead of the public activation...

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Suriname president urges youth to pursue skills for opportunities in emerging oil and gas sector

PARAMARIBO, SURINAME – Suriname's President Jennifer Geerlings-Simons has urged young people who have left school to return to education...