Petrobras has identified hydrocarbons in the pre-salt section of Brazil’s Campos Basin, following exploratory drilling in block C-M-477 offshore Rio de Janeiro, it said in an April 13 release.
According to Petrobras, the fluid samples have been collected and will...
Guyana is among the high-growth offshore markets expected to require more than 100 subsea trees by 2030, according to Westwood Global Energy Group in an April 13 LinkedIn post.
“High-growth markets including Australia, China, and Guyana are each expected to...
Guyana’s Prime Minister Mark Phillips urged the public not to panic buy or hoard fuel on Monday, saying supplies are stabilizing after a temporary disruption caused by a delayed shipment from a major supplier.
Guyana, like many countries globally, is...
Gas stations across Guyana are short on fuel, with several locations around Georgetown closed and others rationing supplies, as disruptions linked to the ongoing Iran war affect availability.
President Irfaan Ali met with fuel importers on April 13, 2026, to...
British multinational bp has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco (Atlantic) Oil & Gas, as it looks to grow its upstream portfolio.
The agreement covers Petroleum Exploration Licenses 97, 99 and...
Guyana’s Gas-to-Energy project, one of the country’s largest infrastructure undertakings, is being financed through a mix of private investment, government spending, and external borrowing, with costs spread across offshore and onshore components.
The project, estimated at about US$2 billion, is...
Guyana’s crude is reaching deeper into Asia, with India emerging as a growing destination for cargoes as exports expand eastward. Shipments are being integrated into the country’s large, complex refining system, showing rising demand for Guyana’s crude grades.
According to...
Environmental permits governing Guyana’s offshore oil developments have become stricter since first oil, with expanded requirements for emissions control, monitoring, and financial accountability.
The Liza 1 project, the first commercial oil development offshore Guyana, operated under an environmental permit that...
Could Jethro become Guyana’s next standalone oil development? The Orinduik Block discovery has been viewed that way since August 2019, when Tullow Oil said the find could hold more than 100 million barrels of recoverable oil and support a...
Staatsolie Maatschappij Suriname N.V. and Suriname’s Tax Department have launched a three-year capacity-building program to strengthen tax and customs expertise in the oil and gas sector. The cooperation document was signed in Paramaribo on April 10, 2026.
The initiative will...