Trinidad and Tobago is optimistic about new exploration efforts that could unlock nearly 60 trillion cubic feet (tcf) of natural gas.
“Exploration resources stand at 58.84 tcf and offer much promise for the exploration to be undertaken by successful companies...
Aiming to cut costs and streamline operations amid expansion efforts and a legal dispute, Chevron plans to reduce its global workforce by 15% to 20% by the end of 2026.
The legal dispute involves ExxonMobil over the acquisition of the...
ExxonMobil Guyana is preparing to move into its Kanuku building, a US$160 million state-of-the-art headquarters in Ogle, East Coast Demerara. The building is nearing completion and is anticipated to improve offshore operations.
President of ExxonMobil Guyana, Alistair Routledge said that...
Eight Guyanese have been selected for the inaugural cohort of MODEC's newly launched trainee program in Guyana, designed to offer global training, hands-on experience, and career development.
A commencement ceremony was held on February 13 at the Centre for Local...
Suriname wants to position itself as a leader in carbon trading as part of its broader transition to renewable energy. The country is preparing to venture into the offshore oil production industry with its first development, Gran Morgu. Even...
Guyana’s shipping industry has taken a major leap forward with the introduction of mobile harbor cranes, allowing gearless vessels to dock and be serviced efficiently for the first time. The initiative is led by Cranes Guyana Inc., a new...
The Georgetown Chamber of Commerce & Industry (GCCI) is set to lead a broad delegation to the Offshore Technology Conference (OTC) 2025, taking place from May 5–8 at NRG Stadium in Houston, Texas. The delegation includes corporate partners, Brava and...
ExxonMobil is set to drill the Hamlet-1 exploration well this year as it pushes deeper into the southeastern part of the prolific Stabroek Block in search of a new oil play.
That portion - near the Suriname border - has...
ExxonMobil Guyana’s Payara development surpassed 100 million barrels this week, the company announced via LinkedIn.
“The Payara project started up just 15 months ago – it’s our third Guyana production project. Later this year, we look forward to starting up...
SBM Offshore is working to lay the foundation for capacity building and local content development in Suriname as it looks towards delivering the first FPSO for TotalEnergies' Gran Morgu project, set to begin production in 2028. Pierre Gaté, Country...