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The fourth annual Local Content Summit will open today with a focus on helping businesses better understand Guyana’s local content framework, sector entry requirements, workforce needs, and opportunities tied to the country’s petroleum sector. The two-day summit will be held...

Crude oil production offshore Guyana averaged 903,000 barrels per day (b/d) in April 2026, a modest decline from 910,000 b/d in March, according to government data. Output from the four ExxonMobil-operated projects in the Stabroek Block totaled approximately 27...

ExxonMobil Guyana’s proposed Haimara development offshore Guyana would use a newly built floating production, storage and offloading vessel designed to process up to 1.5 billion cubic feet of produced natural gas per day (bcf/d). The details are contained in the...

Captain Gerald Gouveia Jr. says Guyanese businesses are better prepared to meet international oil and gas standards and prove doubters wrong. Speaking at the PSC’s Annual General Meeting 2026 on May 29, Gouveia said local companies are ready to expand...

ExxonMobil says more technical work is needed to determine whether the Ranger discovery in Guyana’s Stabroek Block can be developed. Neil Chapman, Senior Vice President of ExxonMobil, discussed the discovery during the Bernstein 42nd Annual Strategic Decisions Conference on May...

SBM Offshore Guyana is seeking suppliers for recruitment, crewing, and technical assistance services to support its offshore operations in Guyana, according to a Request for Information (RFI) published through the Centre for Local Business Development (CLBD) on May 29. The...

Guyana’s fourth annual Local Content Summit will place practical business concerns at the center of this year’s agenda, with proposed changes to local content legislation, financing, workforce development, and supplier readiness among the main areas for discussion. The summit is...

ExxonMobil sees its growing floating production, storage and offloading vessel (FPSO) network in the Stabroek Block creating opportunities for low-cost tiebacks from smaller oil accumulations offshore Guyana. Neil Chapman, Senior Vice President of ExxonMobil, said the company’s planned eight-FPSO buildout...

SBM Offshore has been awarded contracts by Brazil's state-run oil company Petrobras to design, build and operate two floating production, storage and offloading (FPSO) vessels for the Sergipe-Alagoas basin offshore northeastern Brazil, the Dutch company said on Friday. The projects,...

The Centre for Local Business Development (CLBD) is offering businesses and individuals entry into Guyana’s oil and gas sector through strategic courses designed to build industry knowledge and strengthen procurement capabilities. CLBD is a Guyana-based organization that provides training, mentoring,...