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Dear Editor, I listened to the budget presentation where the Finance Minister projected that Guyana’s economy will grow by 16.2% this year, driven largely by oil and gas. It was another reminder of just how dramatically our country has changed...

Guyana’s Natural Resource Fund (NRF), which receives billions of dollars a year from offshore oil production, is governed by a statutory withdrawal rule designed to smooth government spending. The rule determines how much the government can legally transfer from the...

Subsea7 is positioning the Subsea Integration Alliance (SIA) as a core delivery model for offshore developments in Guyana, Suriname, and other deepwater regions, citing more than a decade of large-scale subsea execution under the alliance. SIA is a global strategic...

The latest episode of ExxonMobil’s Onshore Diaries, published on January 29, features Ishwar Parbhu, a Hoist Operator and Rescue Swimmer with Omni Helicopters. In that episode, he shared what propelled him to enter offshore search and rescue and how...

Dear Editor, Guyana’s 2026 Budget confirms that oil and gas revenues are now a central driver of national development. With GY$495 billion (about 32% of the GY$1.558 trillion budget) transferred from the Natural Resource Fund, petroleum earnings are financing public...

The Government of Guyana intends to push key petroleum legislation in 2026 to strengthen governance, protect national interests, and ensure the oil and gas sector operates in accordance with international best practices. This is according to  Bobby Gossai, Senior Petroleum...

Guyana’s Minister of Natural Resources, Vickram Bharrat, has stated that no crude oil is offloaded from the country’s fleet of floating production, storage and offloading (FPSO) vessels without multi-agency supervision. Speaking on the floor of the National Assembly during the...

ExxonMobil Guyana Limited has issued a request for information to identify suppliers capable of providing network services for its offshore drilling operations in Guyana. The company plans to enter into a service agreement covering the provision of comprehensive network solutions...

Budget projections released by the Finance Ministry show that the Guyana government plans to sharply increase the amount of money it withdraws each year from its oil fund, with annual outflows projected to rise to about US$4.3 billion by...

A vote in France’s Senate could ultimately reshape the competitive and geological landscape of the Guyana-Suriname Basin, with potential implications for both Guyana’s Stabroek-led production story and Suriname’s emerging offshore push.  On January 29, the Senate adopted a member’s bill...