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Why Guyana’s Corentyne River protest has broader implications

For generations, goods, people, and livelihoods have flowed along the Corentyne River, linking Guyana and Suriname in a steady rhythm of trade that long predates oil, politics, and modern borders. But what happens when that flow is disrupted? Guyana’s recent...

Oil hits US$110 as Trump’s ominous deadline to Iran nears

Global oil prices moved higher this week as tensions between the United States and Iran intensified ahead of a deadline tied to the Strait of Hormuz, a key global shipping route. Brent crude traded above US$111 per barrel in early...

Halliburton, PETRONAS Suriname, Valaris align early for offshore development execution

Halliburton has signed a Strategic Collaboration Agreement with PETRONAS Suriname Exploration & Production B.V. and Valaris to support development of offshore assets in Suriname, the company said on April 6, 2026. The agreement brings the three companies together at an...

Romona Leonard charts her offshore path aboard the Stena DrillMAX

From hospitality roots to offshore responsibility in Guyana’s oil and gas industry, Romona Leonard supports daily operations onboard the Stena DrillMAX.  Her journey offshore Guyana was recently featured in Stena Drilling’s Meet the Team series, shared on LinkedIn on March...

Skilled workforce flagged as key gap for Suriname’s offshore push at Caribbean Energy Week

Officials at Caribbean Energy Week have stressed the need for skilled labor to sustain offshore development as a priority. Speaking on a panel in Paramaribo last Tuesday, Andrew Hepburn, Shell’s Country Chair for Suriname and São Tomé and Príncipe, said...

Why drilling updates offshore Guyana do not always mean more oil

Updates on offshore drilling activity may trigger expectations of new oil discoveries, but in practice, each well serves a different purpose, and not all lead to commercial production. In Guyana’s Stabroek Block, where ExxonMobil and its co-venturers continue an active...

Payara crude holds slight price premium over other Stabroek Block grades

Payara Gold crude from ExxonMobil’s third Guyana oil development has consistently traded at a marginal premium to its other crude grades in the country so far this year, maintaining a cents-per-barrel lead, according to data from the Ministry of...

CEW 2026: Grenada targets Q4 2026 launch for oil exploration license bids

Grenada is preparing to invite bids for offshore exploration licenses by the fourth quarter of 2026, as it positions itself for entry into the upstream hydrocarbons sector. “Grenada is open for business and working toward awarding licenses in fourth quarter...

UG boosts enrollment and infrastructure, but engineers still in short supply

Guyana continues to face a shortage of engineers even as the University of Guyana (UG) expands enrollment and infrastructure to meet growing demand from the oil and gas sector. In an exclusive interview with OilNOW on March 31, outgoing Vice...

Afreximbank opens direct financing pathways for Surinamese firms targeting oil and gas contracts

Afreximbank is positioning itself as a direct financing partner for Surinamese companies seeking to compete for oil and gas contracts, Acting Regional Chief Operating Officer for the Caribbean, Okechukwu Ihejirika, told OilNOW at Caribbean Energy Week in Paramaribo. He pointed...

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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...