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SBM Offshore reported Directional revenue of US$5.1 billion for the full year 2025, with Directional earnings before taxes, interest, depreciation and amortization (EBITDA) of US$1.7 billion. This comes as the company expanded its fleet and advanced major projects in...

The Guyana government has set April 9, 2026, as the deadline for submissions under its revised Request for Proposals (RFP) for the long-anticipated Amaila Falls hydropower project, marking a fresh push to advance what would become the country’s largest...

Saipem, on February 23, announced it has been awarded an additional offshore Contract Release Purchase Order under its existing Long-Term Agreement with Aramco in Saudi Arabia. The award covers engineering, procurement, construction and installation works in the Safaniya oil field,...

Dear Editor, Observing the development and growth of the oil and gas sector, I note that statements from ExxonMobil and other industry players have consistently emphasized that oil discoveries are intended to contribute to poverty reduction and broader economic mitigation....

Executive Chairman of Ghana-based Cybele Energy, Beatrice Mensah Tayui, said her company will not participate in ‘rent-a-citizen’ arrangements as it enters Guyana’s oil and gas sector. “We (Cybele Energy) will work closely to make sure that there's no such thing...

Touchstone Exploration Inc. announced its 2025 year-end reserves on February 25, reporting a 2% increase in the after-tax net present value of its total proved plus probable (2P) reserves to US$315 million. The Calgary, Alberta-based company said GLJ Ltd. prepared...

The Ministry of Natural Resources late Tuesday said Guyana’s oil reserves remain at about 11 billion barrels, rejecting claims that updated figures were being withheld from the public. The statement responds to a February 24, 2026 article by Kaieteur News...

ExxonMobil Guyana President Alistair Routledge said the country’s long-term prosperity will depend less on physical infrastructure and more on developing human capability, as the company outlined details of its US$100 million, 10-year STEM education investment. In a February 24 release,...

ExxonMobil Guyana Limited on February 19, 2026 continued exploration drilling at the Goatfish-1 well site in the Stabroek Block, according to a notice issued by the Guyana Maritime Administration Department. The well is being drilled by the MODU Noble Sam...

Nicolas Ali, Quality, Health and Safety, Food Safety and Environmental Manager at Newrest Guyana, says developing people and strengthening systems offshore is the most rewarding part of his job. Speaking on the February 12 episode of ExxonMobil Guyana’s Onshore Diaries,...