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Petrobras discovers hydrocarbons in Campos Basin exploration well, samples to undergo testing

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...

Westwood sees Guyana exceeding 100 subsea trees by 2030

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 Prime Minister says no need to panic as fuel cargoes arrive, more expected

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 in Guyana short on fuel; Ali says shipments expected “as early as tonight”

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...

bp to acquire 60% stake in three offshore Namibia blocks from Eco (Atlantic)

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...

How Guyana’s Gas-to-Energy project is being financed

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 crude gains ground in India as exports expand into Asia

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 for Guyana’s oil projects strengthened over time, boosting monitoring and safeguards

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...

Orinduik’s Jethro back in focus as standalone development candidate

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, Suriname tax office launch three-year program to strengthen oil and gas oversight

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...

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A look at tier 1 contractors supporting Guyana’s offshore oil operations

Guyana’s offshore oil industry has rapidly evolved into one of the world’s most significant deepwater developments, with production from...