Featured

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...

OTC Around the World Series to spotlight Guyana’s policy and execution agenda on May 5

Guyana will be a key feature of the Offshore Technology Conference’s Around the World Series on May 5, 2026, with two sessions in Houston set to examine the country’s policy direction, investment climate, local content framework, and wider development...

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...

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...

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,...