Featured

Ratio seeks more time after Guyana sets seven-day deadline on Kaieteur work program

Guyana's government has given Ratio Petroleum Guyana seven days to outline its plans for the Kaieteur Block offshore Guyana, prompting the company to seek additional time as it continues discussions on future drilling activities. Ratio Petroleum Energy said in a...

Siemens Energy tapped to operate 300-MW Gas-to-Energy power plant

Siemens Energy has been selected to operate and maintain Guyana’s 300-megawatt combined-cycle power plant under the Gas-to-Energy project, the Office of the Prime Minister announced on June 16.  Siemens Energy will operate and maintain the 300-megawatt power plant, the balance...

ExxonMobil invests US$204M in communities worldwide, with focus on STEM and workforce development

ExxonMobil says it invested US$204 million in 2025 across communities where it operates globally, with a strong focus on strengthening science, technology, engineering and mathematics (STEM) education and workforce development. The company shared the update on June 10 through its...

Western Hemisphere now accounts for 32% of global oil output, with Guyana among growth drivers 

The Western Hemisphere, home to roughly two dozen oil-producing countries and territories, now accounts for about 32% of global crude oil output, with Guyana emerging as one of the region’s fastest-growing contributors.  According to an S&P Global analysis published June...

More than 40 oil sector companies receive 2026 local content plan approvals

More than 40 companies operating in Guyana’s oil and gas sector received approval for their 2026 local content plans on Wednesday at Roraima Duke Lodge, Kingston, Georgetown. The Ministry of Natural Resources handed over the approvals during a ceremony for...

Stabroek operator seeks clearer picture of Guyana’s skills capacity with Industrial Baseline Study

ExxonMobil Guyana has commissioned an industrial baseline study to assess Guyana’s workforce capacity and future labor demand as the oil and gas sector expands. Its President, Alistair Routledge said the study will be completed later this year. He made the...

Guyana showcases oil spill readiness during drill at Vreed-en-Hoop Shorebase  

Minister of Natural Resources Vickram Bharrat and a team from the Ministry visited Vreed-en-Hoop Shorebase Inc. on June 16, where ExxonMobil Guyana conducted a practical offshore oil spill response exercise near the Sea Buoy Anchorage. The Ministry said representatives of...

Gas-to-Energy contingency plan advances as new emergency response facilities come online

Guyana is developing a dedicated emergency response plan for its Gas-to-Energy (GtE) project while expanding disaster response infrastructure to support the country’s growing energy sector and critical assets. Prime Minister Mark Phillips announced the measures on June 16 during the...

ExxonMobil Guyana property, equipment investments reached US$3.45B in 2025

ExxonMobil Guyana Limited recorded GY$720 billion (US$3.45 billion) in investments in property, plant, and equipment in 2025, according to Vice President and Business Services Manager John Colling. Colling disclosed the figure during a June 9 press briefing on the company’s...

G-Boats launches new bidding round for essential operating supplies

G-Boats Incorporated has opened a new bidding process for suppliers seeking to provide commonly used operational materials and equipment to support Guyana’s oil and gas services sector. According to a tender notice published by the Local Content Register on June...

Latest News

Suriname president urges youth to pursue skills for opportunities in emerging oil and gas sector

PARAMARIBO, SURINAME – Suriname's President Jennifer Geerlings-Simons has urged young people who have left school to return to education...