Featured

Guyana’s crude on the move: Who gets it and why it matters

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...

Hormuz disruption could create export upside for Trinidad and Tobago – Energy Chamber

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, SLB OneSubsea sign agreement with PETRONAS Suriname for offshore project delivery

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...

At Cartagena, Guyana crude joins global feedstock for fuel production

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,...

SPE Georgetown Chair pushes energy literacy as key ingredient in Guyana’s rapid development trajectory

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 flags 6% output hit from Middle East disruptions in Q1

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 hiring for DEEP Program Brazil 2026

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 sees up to US$2.3B upstream boost from oil prices in Q1 2026 filing

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 wins $63.5 million subsea orders for new FPSO development offshore Guyana

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 secures $447M contract extension with Petrobras for DS-4 drillship offshore Brazil

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...

Latest News

Complex energy projects require more integrated approaches to development execution – SLB

Energy projects are becoming more interconnected, requiring operators to better coordinate drilling, facilities, logistics and production activities during development,...