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Barbados has begun direct negotiations with companies interested in offshore oil and gas exploration, with the government saying environmental performance and methane management will be key considerations in selecting future partners. Acting Prime Minister and Energy Minister Kerrie Symmonds said...

Minister of Labour and Manpower Planning Keoma Griffith declared on Wednesday that Guyana cannot afford to produce anything less than a “world-class workforce for a world-class economy…” Speaking on day two of the fourth annual Local Content Summit, Griffith reported...

Michael Munroe, Director of the Local Content Secretariat, said the body is developing a framework aimed at closing skills gaps and expanding workforce development opportunities for Guyanese businesses in the oil and gas sector.  In his address at the Local...

Brazilian oil company, Petrobras, announced more than R$70 billion (US$13.6 billion) in investments in Sergipe on May 29 during President Luiz Inácio Lula da Silva’s visit to the company’s fertilizer plant in Laranjeiras, Brazil.  Petrobras credits stronger Brent prices, fuel...

ExxonMobil says an artificial intelligence model built using Guyana’s offshore seismic data was able to identify already-discovered crude oil accumulations with a 90% success rate. Neil Chapman, Senior Vice President of ExxonMobil, said the model forms part of the company’s...

Guyanese businesses should not view the 40 categories listed under the Local Content Act as the only opportunities available in the country’s oil and gas sector, Finance Minister Dr. Ashni Singh said Tuesday. Speaking at the opening of the fourth...

Director of the Local Content Secretariat, Michael Munroe, said Guyana is positioned for a new wave of opportunities as more oil and gas projects move toward development, expanding the scope of local participation across the petroleum value chain. The next...

The fourth annual Local Content Summit opened Tuesday with a focus on helping Guyanese businesses move from policy awareness to practical participation in the country’s expanding oil and gas economy. The two-day event is being held at the Houston Event...

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...