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NOV wins ExxonMobil Guyana contract for heated subsea system at Hammerhead

U.S. oilfield equipment maker NOV Inc. announced that it won a third-quarter contract from ExxonMobil Guyana to supply an actively heated flexible pipe system for the Hammerhead field development offshore Guyana. NOV said the scope of work includes the design,...

U.S. has assured Guyana of support for territorial integrity, amid tensions with Venezuela – VP Jagdeo 

Guyana’s Vice President Bharrat Jagdeo said on Thursday that the United States has assured Georgetown it will support and protect the country’s territorial integrity, including American assets operating in Guyanese waters, amid heightened tensions between Washington and Caracas. During a...

President Ali says every Guyanese over 18 to get $100k payout

Guyanese President Irfaan Ali said on Wednesday that every Guyanese citizen aged 18 and older will receive a GY$100,000 (nearly US$500) cash grant, announcing the measure as part of the government’s 2026 budget proposals expected to be formally presented...

Labour Ministry, Lindsayca to host Gas-to-Energy job fair at Leonora

The Ministry of Labour will host a two-day job fair in Region Three this week, linked to the construction of the country’s flagship Gas-to-Energy project. The job fair will be held at the Leonora Track and Field Centre on the...

Local Content in Suriname: What the law already says and what to expect next

PARAMARIBO, SURINAME – When offshore oil is discovered, the first question for Surinamese citizens is often simple: what will they get out of it? Local content has become the shorthand answer for every country. It refers to jobs for...

Cybele’s chief encourages Ghanaians to partner with Guyanese companies

Cybele Energy chief executive officer Beatrice Mensah-Tayui has called on Ghanaian companies to partner with Guyanese businesses, urging cross-border collaboration as Guyana emerges as the world’s fastest-growing economy. Mensah-Tayui made the call at a press conference in Ghana on December...

Exxon eyes February start for Trinidad seismic survey, ministry says

ExxonMobil anticipates starting its seismic survey offshore Trinidad and Tobago as early as February, the country’s Energy Ministry said on Tuesday.  The U.S. oil major anticipates firing the first seismic shot for its ultra-deepwater TTUD-1 block within two months, after...

More than 180 million barrels left to produce at Liza 1, says energy sector consultant

Independent energy consultant and reservoir engineer Les Anthony said more than 180 million barrels of oil remain recoverable from ExxonMobil’s Liza 1 project offshore Guyana, even as production from the country’s first oil development shows signs of decline after...

Venezuela terminates gas contracts with Trinidad – Vice President Rodriquez

Venezuela has decided to immediately terminate all contracts, agreements and negotiations for the supply of natural gas to Trinidad and Tobago. This is according to Vice President Delcy Rodriguez, who on Monday cited “hostile acts” involving the United States. In...

SLB strengthens local partnerships with first-ever women-owned business supplier forum in Guyana

As women-led enterprises continue to expand their influence across Guyana’s energy sector, the need for targeted support and guidance has become increasingly clear.  In response, SLB successfully hosted its first Women-Owned Business Supplier Forum - an initiative designed to amplify...

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Deepwater to remain a core growth engine as Brazil and Guyana underpin production growth 

Deepwater oil and gas development will remain a major driver of global supply, with Brazil and Guyana expected to...