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Paramaribo, Suriname - Surinamese President Chandrikapersad Santokhi, addressing the Suriname Awareness Symposium on Monday, called for unity, economic diversification, and sustainable development as the nation prepares for significant oil and gas revenues. Santokhi stressed that collaboration is vital for Suriname’s...

According to Westwood's Global Subsea Tree Tracker, the global subsea tree market closed 2024 with 255 units awarded, an 11% drop quarter-on-quarter and a 12% year-on-year decline. In 2025, global demand is forecast to...

Guyana’s Finance Minister, Dr. Ashni Singh, revealed during the 2025 budget presentation last week that the Local Content Register now includes over 1,100 companies.  Dr. Singh reported...

The Guyana government is seeking proposals for critical components of its landmark Gas-to-Energy project, which will utilize natural gas from the ExxonMobil-operated Stabroek Block. The Office of the Prime Minister has issued a request for proposals (RFP) from firms to...

The first phase of a world-class offshore support and fabrication facility called the Port of Vreed-en-Hoop was launched Saturday at Plantation Best, West Bank Demerara.  A ceremony attended by over 300 people took place at the facility, situated on 400...

Halliburton reported a net income of US$615 million, or US$0.70 per diluted share, for the fourth quarter (Q4) of 2024, up from US$571 million, or US$0.65 per diluted share, in the third quarter.  Fourth-quarter revenue was US$5.6 billion, slightly down...

Kiana Wilburg’s path to becoming the Chief Executive Officer (CEO) of the Guyana Energy Conference and Supply Chain Expo is deeply rooted in a decade of journalistic excellence. As a journalist with Kaieteur News for nearly 12 years, Wilburg...

TGS, a global leader in energy data and intelligence, has launched advanced imaging centers in collaboration with Petrobras, Brazil’s state energy giant, to enhance Ocean Bottom Node (OBN) and 4D imaging capabilities for the Campos and Santos basins. The centers,...

Salunda and Intellilift have achieved a milestone in offshore safety, installing the first real-time digital interface between wearable sensors, drilling controls, and moving machinery on four drilling rigs in Guyana. Salunda’s Red Zone monitoring solutions were integrated with Intellilift’s digital...

The Guyana government projects an increase in the rate of crude oil production offshore from 616,000 barrels per day (b/d) in 2024 to 674,000 b/d this year. The projected increase will mainly be due to the start-up of ExxonMobil’s...