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Guyana FPSO builders honored at energy chamber awards

SBM Offshore Guyana and MODEC Guyana were recognized for their contributions to national development and workforce expansion at the Guyana Oil and Gas Energy Chamber’s (GOGEC) 2025 Annual Awards and Induction Dinner on November 28. SBM Offshore Guyana received the...

Suriname’s Blue Wave development program trains another 56 local suppliers 

Fifty-six local suppliers have completed Suriname’s Blue Wave Supplier Development Program, expanding the number of businesses equipped to support the country’s offshore industry. Blue Wave announced the milestone on LinkedIn on December 3. 75% of SMEs in Suriname’s Blue Wave...

Global offshore EPC awards hit US$38 billion in 2025; US$12 billion more expected – Westwood 

Global offshore oil and gas engineering, procurement and construction (EPC) activity has reached an estimated US$38 billion year-to-date, according to new data published on December 2 by Westwood Global Energy Group.  Another US$12 billion is expected before the end of...

Touchstone restarts Central Block drilling after 19 year pause

Development drilling in Trinidad and Tobago’s Central Block has resumed for the first time since 2006, the Ministry of Energy and Energy Industries (MEEI) confirmed on Monday. The Carapal Ridge-3 development well marks the restart of activity in the...

MODEC seeks contractor for seawater treatment start-up and maintenance services

MODEC Guyana is inviting qualified subcontractors to provide start-up, maintenance and optimization services for its seawater treatment systems.  The company is seeking skilled manpower, tools and resources to perform commissioning and start-up, planned and corrective maintenance, remote monitoring and technical...

‘Lil Red Community Centre’ commissioned through partnership with Food for the Poor Inc. and SBM Offshore Guyana

Residents of Little Red Village on Guyana’s Essequibo Coast now have access to a new community hub following the official commissioning of the 'Lil Red Community Centre' on November 27.  Constructed by Food for the Poor (Guyana) Inc. - with...

Guyana barrels remain ‘extremely competitive’ even in low-price scenarios – Norway research firm

Guyana’s deepwater volumes remain central to the pool of “advantaged barrels” that analysts say can withstand prolonged low-price environments. This is according to Norway-based research and energy intelligence company, Rystad Energy. During a recent episode of the firm’s Let’s Talk Energy...

A ‘Competent, Competitive and Confident’ workforce; Industry leaders urge Suriname to invest now in its people

PARAMARIBO, SURINAME – Industry leaders and government officials insist that Suriname’s ability to benefit from upcoming offshore oil production will rely on sustained investments in skills, education and local content capacity. The statements were made during a panel discussion at...

Letter-to-the-Editor: As the country rises, why isn’t Christmas feeling brighter?

Dear Editor,  Christmas in Guyana has always had its own rhythm, with early cleaning, pepperpot bubbling before sunrise and every street corner glowing with lights. But this year, as the oil economy grows, many people are quietly asking a fair...

ExxonMobil Guyana produced 841,000 barrels of crude per day in October

ExxonMobil Guyana’s offshore oil production averaged 841,000 barrels per day (b/d) in October across the four producing Stabroek Block developments, according to newly released government data.  The month was defined by continued stability at the mature projects and a sharp...

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Guyana oil fund got US$253 million in February

Guyana’s Natural Resource Fund (NRF) received US$253 million (GY$53 billion) in February from the sale of the country’s share...