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Skandi Constructor’s first entry into Georgetown opens new opportunities for Guyanese offshore sector

DOF Subsea’s Skandi Constructor made its first entry into the Demerara Channel and Port of Georgetown on December 3, a major development for Guyana’s offshore support capabilities. The Centre for Local Business Development announced the visit on December 9. The...

Guyana gov’t. nears deal on major 3D seismic survey to guide future licensing – Gossai

Guyana is preparing to launch its first 3D multi-client seismic survey since 2008, a move officials say will shape future licensing rounds and strengthen the country’s position as a competitive exploration destination. The update was delivered by Bobby Gossai, Senior...

PETRONAS completes Caiman-1 well as Block 52 drilling campaign advances

PETRONAS Suriname has completed drilling of the Caiman-1 exploration well in Block 52 offshore Suriname, a key step in its ongoing exploration program, according to Staatsolie. In a December 9 announcement, Staatsolie said the well was spudded on July 21,...

Guyana gets US$17 million in signing bonus from Ghana’s Cybele Energy for S7 Block 

A signing bonus of US$17 million will be paid to Guyana for the S7 Block, awarded to Ghana’s Cybele Energy Ltd, exceeding the ceiling set for shallow-water assets by US$7 million. This detail was shared today as the company’s Chief...

From Accra to Georgetown: Key facts about Guyana’s newest operator Cybele Energy  

Cybele Energy Ltd, a Ghana-based, female-owned oil and gas company, is the latest independent entrant into Guyana’s burgeoning offshore energy sector.  Founded in 2012, the company has grown from a small exploration startup into a diversified energy firm, according to...

Chevron’s first post-Hess capex plan shows strong offshore push in Guyana

Chevron Corporation’s newly announced 2026 capital program puts fresh emphasis on Guyana, underscoring the company’s deepening stake in one of the world’s most prolific oil basins, following its acquisition of Hess Corporation. The company unveiled an organic capex range of...

Letter-to-the-Editor: One Barrel Each: I hope it means more benefits for all of us

Dear Editor, There has been a lot of discussion recently about Guyana’s oil production reaching the point where, on paper, every citizen now accounts for about one barrel of oil per day. This milestone is more than just an impressive...

EPA aims for real time oversight of every well drilled in the Stabroek Block

Guyana’s Environmental Protection Agency (EPA) is preparing to introduce live surveillance of offshore drilling, a step the agency believes will transform how it monitors high-risk petroleum activities.  The update came during the latest edition of Starting Point, The Oil and...

Shrinking explorer pool threatens future high-impact drilling – Westwood

Westwood Global Energy Group is warning that the collapse in companies drilling high-impact (HI) exploration wells is constraining the industry’s ability to boost future supply.  The latest insight by Christine Shearman, Farmouts Research Manager – Global E&A, outlined how the...

Vandon Worrell’s journey from offshore cleaner to ExxonMobil Logistics Coordinator

Thirty-year-old Vandon Worrell, a resident of Tuschen on the West Coast of Guyana’s Demerara County, shares an inspiring story of determination and growth – one that started in the humblest of places: cleaning rooms and public toilets offshore. Worrell started...

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Safety, quality and reliability remain critical for Guyanese suppliers, says Baker Hughes

Guyanese suppliers seeking work with tier one oil and gas companies must meet strict safety, compliance, quality, and reliability...