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Guyana’s Gas-to-Energy project wins Deal of the Year at EXIM 2025 Conference

The Export-Import Bank of the United States (EXIM) has awarded its prestigious Deal of the Year Award to the Guyana Gas-to-Energy Project at the 2025 annual conference, the institution announced on April 30.  The winning collaboration includes Lindsayca, CH4 Systems,...

New oil spill bill places full liability on companies for damages and clean-up 

Oil companies operating in Guyana would be liable for all damages caused by an oil spill incident they cause, including the costs of removal and the restoration of the environment as far as practicable, under proposed legislation tabled in...

Noble secures 15 rig years in offshore contracts, cites strength of long-term market

Noble has secured new offshore contracts with a combined value between US$2.2 billion and US$2.7 billion, the company announced on April 28. The company stated that the contracts add 15 rig years to its floater backlog and significantly increase...

TechnipFMC posts US$2.2B first quarter revenue

TechnipFMC reported total revenue of US$2,233.6 million in the first quarter of 2025, with net income (attributable to the company) of US$142 million, or US$0.33 per diluted share.  TechnipFMC said its after-tax charges and credits totaled US$0.9 million in expenses....

Kamla Persad-Bissessar returns as TT PM in historic win

Voters in Trinidad and Tobago have removed the ruling People’s National Movement (PNM) from power. Electing the United National Congress (UNC) headed by Kamla Persad-Bissessar.  Persad-Bissessar, 73, previously led the country from 2010 to 2015. She remains the only woman...

Georgetown business group urges peace amid unrest over child’s death

The Georgetown Chamber of Commerce and Industry (GCCI) on Tuesday urged citizens to allow peace and stability to prevail. The call follows a night of protests, looting, and violence in Georgetown and along parts of Guyana’s coast over the...

Guyana gov’t tables Oil Spill Bill in Parliament

The Government of Guyana on Monday tabled the long-anticipated Oil Pollution Prevention, Preparedness, Response, and Responsibility Bill 2025 in Parliament, moving to strengthen the country’s legal framework for managing offshore oil spills amid the rapid expansion of its petroleum...

Three-week certification target set for Guyana’s local content applicants

The Government of Guyana is stepping up efforts to strengthen the local content framework in the oil and gas sector, according to the Ministry of Natural Resources. At the recently concluded Local Content Summit, Minister of Natural Resources, Vickram Bharrat,...

With Dragon gone, could Guyana be a potential gas source for TT’s spare capacity? 

An April 28 article by the Energy Chamber of Trinidad and Tobago floated the idea of Guyana being a “potential source” of natural gas to fill the Twin Island Republic's spare capacity.  With Trinidad’s Dragon gas dreams appearing dashed, the...

Guyana represented just 4.2% of ExxonMobil’s global asset portfolio in 2024

Despite its role as one of the fastest-growing oil producers in ExxonMobil’s global portfolio, Guyana accounted for just 4.2% of the energy giant’s total long-lived assets at the end of 2024, according to data in the company’s 2024 annual...

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Letter-to-the-Editor: Empowering Guyanese youth in the offshore energy ector

Dear Editor, As a recent graduate of the University of Guyana, I've been reflecting on the future that lies ahead...