Guyana began selling offshore crude less than a decade after its first discovery. Today, the “Land of Many Waters” produces more than 900,000 barrels of oil per day (b/d) at the ExxonMobil-operated Stabroek Block. But once that oil leaves...
The disruption in the Strait of Hormuz is affecting global energy trade flows and could create export opportunities for Trinidad and Tobago, even as domestic risks remain, according to an April 9 note from the Energy Chamber of Trinidad...
Subsea7 announced on April 7 that it has signed a strategic collaboration agreement with PETRONAS Suriname E&P B.V., alongside Subsea Integration Alliance (SIA), for offshore field development work in Suriname.
The agreement establishes a long-term framework for collaboration on multiple...
Guyana’s light to medium sweet crude from offshore fields like Liza in the Stabroek Block is finding its way to global refineries, including the Repsol YPF Cartagena Refinery in southeastern Spain. There, crude is transformed into the gasoline, diesel,...
Improving energy literacy in Guyana remains central to the country's development, as oil production drives rapid economic expansion. This is according to the Chair of the Society of Petroleum Engineers (SPE) Georgetown Section.
Kenny Bissoon made the point in a...
ExxonMobil expects its first-quarter 2026 results to reflect lower production following disruptions to assets in the Middle East, the company said in a supplement to its earnings considerations filing on April 8.
The company reported that certain assets in Qatar...
Halliburton is recruiting candidates for its Development Excellence Engineer Program (DEEP) Brazil 2026, with positions based in Macaé, Brazil.
The global energy services company is targeting recent graduates in STEM disciplines. In its recruitment notice, Halliburton stated, “We’re hiring,” adding...
ExxonMobil in an 8-K filing with the U.S. Securities and Exchange Commission (SEC), said higher crude prices could lift upstream earnings by up to US$2.3 billion in the first quarter of 2026, compared with the fourth quarter of 2025.
The...
Hunting PLC on April 7 said it has been awarded US$63.5 million in orders for its titanium stress joint (“TSJ”) product line for a new offshore development in Guyana.
Hunting noted that “the award will be completed by the Group’s...
Valaris Limited announced on April 6 that it has secured a 10,64-day contract extension with Petrobras for its drillship VALARIS DS-4 offshore Brazil.
The extension is “expected to commence in November 2027 in direct continuation of the existing program” and...
Energy projects are becoming more interconnected, requiring operators to better coordinate drilling, facilities, logistics and production activities during development,...