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Guyana open to CARICOM oil deal if proposal comes, Jagdeo says

Kemol King -
Guyana would be open to exploring a proposal from fellow Caribbean Community (CARICOM) states for crude oil sales, even one that could link discounted barrels to cheaper refined fuel supplies, Vice President Bharrat Jagdeo said on Thursday. Late last month,...
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Letter-to-the-Editor: I am saving GY$14,000 a month with low fuel prices

OilNOW -
Dear Editor, “Guyana gasoline prices now lowest in the region” is a headline I read and couldn’t help but smile. I smiled because I was having a conversation with a close friend where I relayed that at one time it...
News

Guyana’s oil output surges as FPSO upgrades boost capacity by 125,000 b/d

OilNOW -
Upgrades to the first three floating production, storage and offloading (FPSO) vessels offshore Guyana have unlocked a major boost in oil capacity -125,000 barrels per day (b/d).   According to SBM Offshore’s half year report, this increase comes from debottlenecking work...
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MODEC’s H1 profit climbs on project wins, backlog swells to record US$25.5 billion

OilNOW -
Japan’s MODEC Inc. said on Friday its net profit for the first half (H1) of 2025 rose 17% from a year earlier, buoyed by revenues from engineering, procurement, construction and installation (EPCI) projects and a record order book, even...
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Upcoming Business Talk to address invoicing in Guyana’s oil & gas sector

OilNOW -
The Centre for Local Business Development, in partnership with the Greater Guyana Initiative, will host an in-person session titled ‘Understanding Invoicing in the Oil & Gas Industry’ on August 18.  The event, which is part of the Centre’s ‘Managing Growth:...
News

23 days until Guyana’s elections: These are the runners gunning for the Presidency

Shikema Dey -
With just 23 days to go before Guyana heads to the polls, the race for the presidency is heating up. Key contenders are vying to lead the country through its next chapter, fueled by billions in oil revenues.   Six parties...
News

From risk to reward: How Ayanna Whaul found her place at Halliburton 

Shikema Dey -
Ayanna Whaul stands out as one of Halliburton’s key human resource professionals in the Caribbean region. As a talent management specialist, she plays a central role in training and development, local content reporting, succession planning, and capacity building. Her...
News

ONE GUYANA FPSO equipped to ensure uninterrupted gas handling offshore – GoG

Shikema Dey -
The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the first offshore unit in the country equipped with “full sparing on all gas processing compressors”.  According to the government, this ensures...
News

Oil production begins at ExxonMobil’s fourth mega-project offshore Guyana

Shikema Dey -
Oil production has started at ExxonMobil's Yellowtail Development offshore Guyana, making it the fourth mega-project to startup in just five years offshore the South American country. This is according to announcements from the Government of Guyana and ExxonMobil on...
News

SBM Offshore fleet grows to 17 FPSOs, reaching 2.7 million barrels per day capacity

OilNOW -
SBM Offshore has expanded its fleet to 17 floating production, storage and offloading (FPSO) units, achieving a total production capacity of 2.7 million barrels per day. This was confirmed in the company’s 2025 half year report released this week. The...
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Stories Beyond the BarrelShikema Dey -

David Phillips: Building skills and people at TechnipFMC

David Phillips’ path to TechnipFMC started far from the oilfields — in mining. “My background is largely in mining,”...

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