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The contractors building Suriname’s GranMorgu floating production, storage and offloading vessel plan to test a wind-assisted kite system during its journey from China. SBM Offshore announced on July 15 that the SBM Offshore and Technip Energies joint venture, known as...

ExxonMobil’s planned Longtail development offshore Guyana is among the major projects expected to support stronger global subsea tree contract activity during the second half of 2026. Westwood Global Energy Group on July 15 identified Longtail as a key future source...

TotalEnergies Exploration & Production Suriname B.V. has opened applications for 30 fully funded scholarships for Surinamese students completing secondary school in 2026. The Student Scholarship Program will support selected students pursuing bachelors degrees at Nationaal Orgaan voor Accreditatie (NOVA) accredited...

For Guyanese entrepreneurs, participation in the country’s oil and gas industry may not come directly from offshore operations, but from the network of businesses that support them. As production expands, local companies are finding opportunities to provide services needed...

Halliburton Guyana Incorporated is inviting local construction companies to bid for a project that will convert an existing wash bay into a climate-controlled workshop facility, creating another opportunity for Guyanese contractors to support oil and gas operations. The project, published...

SBM Offshore Guyana has launched a financial literacy initiative aimed at helping young women develop the practical skills needed to make informed personal, professional and financial decisions. The company hosted the first installment of the two-day workshop, titled “From the...

Oil prices climbed on Tuesday as renewed United States-Iran tensions raised concerns about crude shipments through the Strait of Hormuz. Brent crude rose 3.47% to US$86.19 per barrel on July 14, its highest level since mid-June. United States West Texas...

Halliburton has secured major integrated well construction contracts for the GranMorgu deepwater development offshore Suriname, marking another step forward for the country's first offshore oil project. The award, announced on July 13, covers drilling and completions services under a...

Once largely associated with the construction of floating production, storage and offloading (FPSO) vessels, fabrication has emerged as an area where Guyanese businesses are capitalizing on opportunities within the oil and gas supply chain. Rather than competing only for one-time...

Guyana should draw on the global oil and gas industry’s accumulated knowledge as it builds local capacity for its rapidly expanding offshore sector, according to Society of Petroleum Engineers Latin America and Caribbean Regional Director Carlos Alberto Pedroso. During a...