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TechnipFMC Chief Executive Officer Doug Pferdehirt has highlighted the company’s exceptional record of securing every subsea production system contract awarded by ExxonMobil in Guyana since 2017. Speaking on the company’s third-quarter 2025 earnings results announced on Wednesday, Pferdehirt said that...

As Suriname prepares for its first major offshore oil production, President Jennifer Geerlings-Simons said the government is committed to using those resources to protect the country’s vast forests and biodiversity.  She noted that Suriname remains “about 93%” forested and described...

TechnipFMC has delivered another solid quarter, reporting total revenue of US$2.65 billion for the third quarter of 2025. Net income attributable to the company was US$309.7 million, or US$0.75 per diluted share, while adjusted net income reached US$312.1 million....

While global oil and gas exploration has slowed dramatically over the past decade, Guyana stands as one of the few nations bucking the trend. According to Palzor Shenga, Vice President – Upstream Research at Rystad Energy, the South American...

The Energy Chamber of Trinidad and Tobago has responded to Nutrien Ltd.’s announcement of a controlled shutdown of its ammonia and urea operations at the Point Lisas Industrial Estate, noting the importance of maintaining the country’s attractiveness to investors.  In...

PARAMARIBO, SURINAME – On Tuesday, October 21, representatives from TotalEnergies and Staatsolie met with President Jennifer Geerlings-Simons to report that Suriname’s large-scale offshore GranMorgu oil project in Block 58 is 23% complete, according to a report from the Office...

ExxonMobil has been named Upstream Operator of the Year at the Gulf Energy Information Excellence Awards, earning recognition for its performance in Guyana and the Permian Basin. ExxonMobil Upstream President, Dann Ammann, made the announcement on LinkedIn on October 17,...

Petrobras has begun an exploratory drilling campaign in block FZA-M-059, located in deep waters off Amapá, as part of efforts to determine the oil and gas potential of Brazil’s Equatorial Margin. Petrobras announced on Monday that the well, positioned about...

ExxonMobil Guyana will complete its latest seismic data acquisition campaign in December, marking the end of a months-long effort to improve how oil is produced and managed from the country’s offshore reservoirs. The company’s President, Alistair Routledge, said the work...

The 2022 Bareleye discovery in Guyana’s prolific Stabroek Block is up for further appraisal, ExxonMobil Guyana’s President Alistair Routledge announced during a recent press conference at the company’s new Ogle campus.  Routledge disclosed that the company has already advanced its...