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The American Petroleum Institute (API) has condemned reports that the Biden administration plans to ban new oil and natural gas activity across millions of acres of federal waters. API President and Chief Executive Officer Mike Sommers called the move...

ExxonMobil Guyana’s President, Alistair Routledge, has hailed 2024 as a year of exemplary safety performance for the company. “I'm happy to say we had a strong safety year in 2024, a platform that we expect to build on…So, first and...

ExxonMobil is preparing to undertake more drilling activities at its Ranger-1 discovery in the Stabroek Block in 2025, according to Alistair Routledge, President of ExxonMobil Guyana, who shared insights during a recent episode of Energy Perspectives. The Ranger find,...

ExxonMobil’s Hammerhead project, its seventh development in Guyana’s Stabroek Block, boasts reservoirs “as good as, or even better than”, the flagship Liza field, according to Alistair Routledge, President of ExxonMobil Guyana. He shared this detail during a recent episode...

Supply chain challenges continue to disrupt global energy markets in 2025, with geopolitical tensions and protectionism driving significant shifts in the sector.  “High investment levels in oil and gas and new energy sectors are adding strain to an already stretched...

The new four-lane high-span Demerara bridge will be completed on August 31, 2025.  The bridge is now 61.72% completed, and is one of several major projects expected to be completed in Guyana this year. The new bridge will be instrumental...

Michael Harding, Assistant Safety Officer aboard the Prosperity floating, production, storage, and offloading vessel (FPSO), offers a unique perspective on the oil and gas industry. “The great part about safety is that you're working with every department,” he explained...

Staatsolie said Suriname’s first oil development in the shared basin could cost US$13.2 billion. This would represent the highest development expense for such a project, costing more than any of the six projects already sanctioned for nearby Guyana in the same...

Global upstream investments are forecast to drop by 2% in 2025, marking a slowdown after years of growth, according to Rystad Energy.  Despite the overall decline, deepwater investments are set to rise by 3%, supported by projects in Suriname, Mexico,...

MODEC Guyana is soliciting proposals for the supply, servicing, and calibration of portable gas detectors to support operations on the UARU Floating Production Storage and Offloading (FPSO) unit.  MODEC said it aims to enhance safety and operational risk management for...