Featured

New Development Bank could serve as a tool to prepare Guyanese businesses to replace foreign contractors, says New Hayven Merchant Bank Chairman

Guyana’s upcoming Development Bank could become an important tool in preparing local businesses to compete for larger opportunities and eventually take on roles currently held by foreign contractors, according to Floyd Haynes, Founder and Chairman of New Hayven Merchant...

Explained: The international agreements strengthening Guyana’s oil spill protections

Oil production takes place offshore, but the consequences of a major spill can extend far beyond an operating area. Currents, weather conditions and marine activity can carry impacts across borders, affecting coastal communities, fisheries and other ocean users. With Guyana’s...

Can Guyana’s schools build digital classrooms without reliable electricity?

Classrooms today look very different from the ones many Guyanese students knew a generation ago.  Instead of relying only on chalkboards and textbooks, schools are being equipped with computers, internet connections, and digital platforms designed to enhance how students learn.  But...

Region Three’s gas development could guide future projects elsewhere – Routledge

Region Three’s success in using natural gas to support industrial development could influence similar investments elsewhere in Guyana, ExxonMobil Guyana President Alistair Routledge said. Routledge said investors will be watching the region as Guyana brings offshore natural gas onshore for...

bp to acquire Woodside’s stake in Trinidad’s Calypso gas project

bp is set to take full control of the Calypso gas project offshore Trinidad and Tobago after agreeing to acquire Woodside Energy’s 70% interest in Block TTDAA 14. The deal, announced on August 6, will increase bp’s stake in the...

SBM Offshore revenue doubles as Guyana projects advance

SBM Offshore’s Guyana portfolio featured prominently in a strong first-half performance that saw Directional revenue more than double to US$4.9 billion and Directional EBITDA climb 92% to US$1.31 billion. The Dutch floater specialist also raised its full-year 2026 revenue guidance...

Valaris completes bp Trinidad campaign 17 days ahead of schedule

Valaris has wrapped up a two-well workover and completion campaign for bp Trinidad and Tobago (bpTT) nearly 17 days ahead of schedule, bringing the company’s latest offshore assignment to an early close.  According to the Energy Chamber of Trinidad and...

ExxonMobil deploys four vessels for Uaru subsea installation ahead of Errea Wittu arrival

ExxonMobil Guyana has deployed four offshore support vessels as subsea installation work continues for the Uaru development, advancing preparations for the arrival of the Errea Wittu floating production, storage and offloading (FPSO) vessel later this year. Separate notices issued on...

ExxonMobil’s 2026 exploration targets offshore Guyana

ExxonMobil has tested oil and gas prospects while appraising an existing discovery in Guyana’s Stabroek Block since the start of 2026. OilNOW reports published between January and August show work at Barreleye-3, Goatfish-1, Goby-1, and Rockhead-1. The company has also...

Golden Arrowhead: How a new crude earns its place in the global oil market

Every barrel of crude oil may look much the same, but to a refinery, no two are necessarily equal. Before a cargo is loaded onto a tanker, refiners want to know exactly what they are buying. They are less concerned...

Latest News

SBM Offshore opens contracting opportunities for 3D survey and mechanical works

SBM Offshore has opened a request for information (RFI) for companies capable of providing 3D survey, piping fabrication, installation...