Guyana’s Maritime Administration Department (MARAD) said on Wednesday night that a crude oil tanker was caught falsely flying the country’s flag in international waters.
“The Maritime Administration Department (MARAD) has observed the proliferation and unacceptable trend of the unauthorized use...
PARAMARIBO, SURINAME – Suriname’s Minister of Oil, Gas and Environment Patrick Brunings has reinforced the government’s commitment to deeper integration with Guyana, underscoring the Corentyne Bridge as a key priority for both countries’ economic future.
Addressing business representatives, diplomats and...
BOURBON signed a five-year contract with ExxonMobil Guyana Limited to provide maritime support services from early 2026, the French offshore operator said on Wednesday.
The deal includes extension options and will deploy the large platform supply vessel Bourbon Calm to...
DOF Subsea’s Skandi Constructor made its first entry into the Demerara Channel and Port of Georgetown on December 3, a major development for Guyana’s offshore support capabilities. The Centre for Local Business Development announced the visit on December 9.
The...
Guyana is preparing to launch its first 3D multi-client seismic survey since 2008, a move officials say will shape future licensing rounds and strengthen the country’s position as a competitive exploration destination.
The update was delivered by Bobby Gossai, Senior...
PETRONAS Suriname has completed drilling of the Caiman-1 exploration well in Block 52 offshore Suriname, a key step in its ongoing exploration program, according to Staatsolie.
In a December 9 announcement, Staatsolie said the well was spudded on July 21,...
A signing bonus of US$17 million will be paid to Guyana for the S7 Block, awarded to Ghana’s Cybele Energy Ltd, exceeding the ceiling set for shallow-water assets by US$7 million.
This detail was shared today as the company’s Chief...
Cybele Energy Ltd, a Ghana-based, female-owned oil and gas company, is the latest independent entrant into Guyana’s burgeoning offshore energy sector.
Founded in 2012, the company has grown from a small exploration startup into a diversified energy firm, according to...
Chevron Corporation’s newly announced 2026 capital program puts fresh emphasis on Guyana, underscoring the company’s deepening stake in one of the world’s most prolific oil basins, following its acquisition of Hess Corporation.
The company unveiled an organic capex range of...
Dear Editor,
There has been a lot of discussion recently about Guyana’s oil production reaching the point where, on paper, every citizen now accounts for about one barrel of oil per day. This milestone is more than just an impressive...
