Guyana’s Environmental Protection Agency (EPA) is preparing to introduce live surveillance of offshore drilling, a step the agency believes will transform how it monitors high-risk petroleum activities.
The update came during the latest edition of Starting Point, The Oil and...
Westwood Global Energy Group is warning that the collapse in companies drilling high-impact (HI) exploration wells is constraining the industry’s ability to boost future supply.
The latest insight by Christine Shearman, Farmouts Research Manager – Global E&A, outlined how the...
Thirty-year-old Vandon Worrell, a resident of Tuschen on the West Coast of Guyana’s Demerara County, shares an inspiring story of determination and growth – one that started in the humblest of places: cleaning rooms and public toilets offshore.
Worrell started...
PARAMARIBO, SURINAME – Suriname’s long-discussed gas-to-shore ambitions are gaining new momentum following PETRONAS’ recent declaration of commerciality for the Sloanea field in Block 52.
The Sloanea-1 discovery, drilled in 2020, is now confirmed as a commercially viable gas field following...
Ghana-based Cybele Energy Limited is set to sign a petroleum agreement on Tuesday, December 9, to explore for oil and gas offshore Guyana. This will be the second block awarded from the country’s first competitive offshore auction.
The ceremony will...
Guyana’s crude exports in November showed a broad spread of destinations, with rare buyers in Asia taking barrels displaced by an increasingly saturated European market, according to data from the Maritime Administration Department (MARAD) and vessel-tracking platforms.
A total of...
Petronas is stepping into Guyana’s offshore sector, with a long history of oil and gas development. The Malaysian state-owned company was created in 1974 and grew into one of the world’s foremost integrated energy producers. It explores, drills, refines,...
Eco (Atlantic) Oil & Gas said on Thursday that Israel’s Navitas Petroleum has agreed to pay up to US$8.5 million for options to farm-in to offshore licenses in Guyana and South Africa, in a deal that could see Navitas...
Dear Editor,
As a public analyst, I have been closely monitoring the performance of the global oil industry in recent years. Notably, ExxonMobil’s progress in Guyana stands out, and 2025 has already marked another phase of significant development that contributes...
International oil companies (IOC) are expanding in South America, and Guyana is the best example of how their money, technology and project skills are changing the region’s oil supply outlook.
This was outlined by Rystad Energy Vice President, Radhika...
