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ExxonMobil Guyana seeks suppliers for newbuild chemical carrier PSVs

ExxonMobil Guyana Limited (EMGL) has issued a request for information (RFI) seeking technical input from suppliers for the potential construction of up to two DP2 chemical carrier platform supply vessels (PSVs).  The RFI, published on May 19, outlines plans for...

TechnipFMC and TotalEnergies complete testing for advanced subsea system ahead of Suriname deployment

TechnipFMC and TotalEnergies have completed stack-up and system integration testing for a shallow-water production christmas tree (XT) tied to the GranMorgu offshore development. The testing campaign was carried out over several weeks in Malaysia, where the subsea equipment was assembled...

Petrobras to invest US$2.14B in São Paulo by 2030 in refining, E&P, and energy transition

Petrobras will invest US$2.14 billion (about R$37 billion) in the Brazilian state of São Paulo through 2030 across refining, exploration, logistics, and low-carbon energy projects, the company announced on May 18 during a visit by Brazilian President Luiz Inácio...

SBM Offshore extends application deadline for Guyanese trainee technicians to May 31

SBM Offshore has extended the application deadline for its Trainee Technician Program in Guyana to May 31, giving prospective candidates additional time to apply for offshore technical training opportunities tied to the country’s growing oil and gas sector. SBM Offshore...

Guyana oil fund surpasses US$4 billion for first time

Guyana’s Natural Resource Fund (NRF) surpassed the US$4 billion mark for the first time at the end of April 2026, supported by high crude prices and stable offshore crude production. According to the April report for the NRF, the fund...

Guyana to survey offshore block licensed to TotalEnergies

The Guyana government and Viridien/CGG Services will commence geotechnical and seismic survey operations within offshore Block S4, which was licensed last year to a TotalEnergies-led group. Guyana’s Maritime Administration Department (MARAD) announced the survey in notices.  The notices, dated May...

WiMAC Guyana honors women advancing maritime sector at 2026 awards gala

The Women in Maritime Association Caribbean (WiMAC) Guyana Chapter recognized women across Guyana’s maritime sector during its 2026 Gala & Awards Ceremony in Georgetown on May 18.  Held under the theme “From Policy to Participation: Women Driving Maritime Excellence,” the...

Liza crude to join revised Platts European crude index from July

Guyana’s Liza crude will gain a formal pricing role in Europe from July 1 as Platts reshapes its European Sour Crude Index (ESCI) to better capture evolving Atlantic Basin trade flows and rising imports from Latin America, according to...

Hormuz closure has removed 1.2B barrels from market so far — S&P Global Vice Chairman

The closure of the Strait of Hormuz has already removed an estimated 1.2 billion barrels of oil from global markets, according to Daniel Yergin, Vice Chairman of S&P Global. Yergin made the comments during an interview on CNBC’s Squawk Box...

Trinidad to negotiate Venezuela gas terms as focus grows on easing supply constraints

Trinidad and Tobago will negotiate the commercial terms for cross-border natural gas projects with Venezuela in what officials say must serve the country’s national interest, as policymakers seek to ease tightening domestic gas supply, according to a May 18...

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Barbados seeks climate-conscious partners for offshore exploration

Barbados has begun direct negotiations with companies interested in offshore oil and gas exploration, with the government saying environmental...