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University of Guyana enrollment jumps to 16,000 amid free tuition, energy sector expansion

HOUSTON, TEXAS — The University of Guyana’s enrollment has grown from about 4,000 students in 2015 to more than 16,000 this year, a surge outgoing Vice Chancellor Professor Paloma Mohamed linked to free tertiary education and new training demand...

Hess says large-scale seismic surveys helped unlock Guyana’s offshore oil basin

HOUSTON, TEXAS — Hess Corporation’s Guyana Appraisal Director Tim Chapman said advances in seismic imaging played a major role in unlocking Guyana’s offshore oil resources after decades of unsuccessful exploration activity in the basin. Chapman spoke during a panel discussion...

TotalEnergies says Guyana-Suriname basin continues to deliver low-cost oil opportunities

HOUSTON, TEXAS - TotalEnergies says discoveries offshore Guyana and Suriname continue to strengthen the Guyana-Suriname basin’s position as a major source of low-cost oil production. Speaking on Day Two of the Offshore Technology Conference during the Around the World Panel...

Routledge links Longtail project to Guyana’s 1.7 million b/d output target by 2030

HOUSTON, TEXAS - ExxonMobil Guyana President Alistair Routledge said the planned Longtail development is tied to Guyana reaching oil production capacity of 1.7 million barrels per day (b/d) by 2030, as projects continue to advance in the Stabroek Block. He...

Guyana’s subsea buildout now nearing Gulf of Mexico scale, TechnipFMC says

HOUSTON, TEXAS — Guyana’s offshore oil sector is expanding at a pace that is beginning to rival subsea activity levels in the U.S. Gulf of Mexico, according to TechnipFMC’s Onshore Operations Director Omon Dibua. Speaking Tuesday at the Offshore Technology...

“What we need now are partners” – PSC Chairman calls for investment to support Guyana’s growth

HOUSTON, TEXAS - Private Sector Commission (PSC) Chairman Gerald Gouveia Jr. is urging investors to partner with Guyana as the country works to sustain rapid economic growth driven by its oil sector. He made the call on Monday, May 4,...

ExxonMobil says Guyana can serve as investment hub for northern Brazil, Caribbean

HOUSTON, TEXAS - ExxonMobil’s Senior Director of International Government Relations, Craig Kelly, said Guyana’s rapid oil development is positioning the country as a gateway for investment across northern Brazil and the southern Caribbean. Speaking on Day Two of the Offshore...

GCCI President urges investors at OTC to back Guyana’s small businesses driving oil economy growth

HOUSTON, TEXAS - Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith is pushing for greater investment in Guyana’s micro, small and medium-sized enterprises, arguing that many are already generating substantial revenues from opportunities linked to the country’s...

ExxonMobil secures victory as Guyana court reverses unlimited guarantee order

Guyana’s Court of Appeal on Thursday overturned a 2023 High Court ruling that had required ExxonMobil Guyana to provide an unlimited financial guarantee to cover potential environmental damages from its offshore oil operations. The appellate court ruled in favour of...

SBM Offshore revenue jumps 216% to US$3.5 billion in Q1 on Guyana FPSO activity

SBM Offshore reported a 216% increase in directional revenue to US$3.489 billion (approx. GYD $727 billion) in the first quarter of 2026, driven largely by activity tied to Guyana’s offshore oil developments and the sale of the ONE GUYANA...

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Guyana becomes more critical as Middle East oil supplies face disruption, ExxonMobil says

Oil and gas production from Guyana and the United States’ Permian Basin becomes increasingly important during disruptions to Middle...