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UG boosts enrollment and infrastructure, but engineers still in short supply

Guyana continues to face a shortage of engineers even as the University of Guyana (UG) expands enrollment and infrastructure to meet growing demand from the oil and gas sector. In an exclusive interview with OilNOW on March 31, outgoing Vice...

Afreximbank opens direct financing pathways for Surinamese firms targeting oil and gas contracts

Afreximbank is positioning itself as a direct financing partner for Surinamese companies seeking to compete for oil and gas contracts, Acting Regional Chief Operating Officer for the Caribbean, Okechukwu Ihejirika, told OilNOW at Caribbean Energy Week in Paramaribo. He pointed...

What happens to the parts of Guyana’s offshore blocks that contractors give back?

When ExxonMobil drilled the Liza-1 well in 2015, it confirmed the first major offshore oil discovery in Guyana — a find that reshaped the country’s future. Since then, the Stabroek Block alone has delivered more than 30 discoveries, placing...

ExxonMobil continues Hammerhead drilling with Noble Don Taylor offshore Guyana

ExxonMobil Guyana Limited will continue developmental drilling at the Hammerhead project’s HH_1101 drill center offshore Guyana, according to Guyana’s Maritime Administration Department.  The notice stated that the work is being carried out within the Stabroek Block in Guyana’s Exclusive Economic...

Sweet crude advantage keeping Guyana refinery talks alive

Guyana’s high-quality crude is helping sustain ongoing talks for a US$300 million refinery project, even as negotiations continue without a final agreement. Speaking during a March 29 interview on the Sources program, Nicole Theriot, United States Ambassador to Guyana, said...

Suriname’s open-door policy offers customizable offshore contracts, study-first option

Staatsolie’s open-door offering allows companies to choose contract types, define acreage, and design work programs, giving operators more control over how they enter and explore offshore blocks. Speaking on the sidelines of Caribbean Energy Week, Offshore Exploration Manager Sharista Kisoensingh...

US company locks in lease for $50M/yr LNG import terminal in Brazil

U.S.-based energy company New Fortress Energy has secured a long-term lease and capacity agreement for its Terminal de Gás Sul’s (TGS) Liquefied Natural Gas (LNG) import facility in Santa Catarina, Brazil, a move aimed at bringing the terminal into...

Guyana Business Chamber urges halt to Corentyne Bridge talks over Suriname waterway fees

The Georgetown Chamber of Commerce and Industry (GCCI) on April 3, 2026 called on the Government of Guyana to halt discussions on the Corentyne River Bridge, citing concerns over Suriname’s recent actions affecting trade and development in Berbice. The chamber...

Freight cost warnings mount for Guyana as Strait of Hormuz risks persist

Rising geopolitical tensions in the Middle East are rippling through shipping routes, with signals pointing to higher import costs and renewed inflationary pressure for countries like Guyana. Speaking recently on the Starting Point podcast, Nicholas Deygoo-Boyer, Director of Vreed-en-Hoop Shorebase...

Stena Carron seeks suppliers for lifting equipment as operations continue offshore Guyana

Stena Carron Drilling Limited (Guyana Branch) has issued an Expression of Interest (EOI) for the supply of lifting equipment to support the ship’s operations offshore Guyana. The notice, issued on March 31, 2026, invites qualified contractors and suppliers to submit...

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More Guyanese need to know this

Dear Editor, I recently came across a point about local content that I believe more Guyanese need to understand. From...