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Development drilling in Trinidad and Tobago’s Central Block has resumed for the first time since 2006, the Ministry of Energy and Energy Industries (MEEI) confirmed on Monday. The Carapal Ridge-3 development well marks the restart of activity in the...

MODEC Guyana is inviting qualified subcontractors to provide start-up, maintenance and optimization services for its seawater treatment systems.  The company is seeking skilled manpower, tools and resources to perform commissioning and start-up, planned and corrective maintenance, remote monitoring and technical...

Residents of Little Red Village on Guyana’s Essequibo Coast now have access to a new community hub following the official commissioning of the 'Lil Red Community Centre' on November 27.  Constructed by Food for the Poor (Guyana) Inc. - with...

Guyana’s deepwater volumes remain central to the pool of “advantaged barrels” that analysts say can withstand prolonged low-price environments. This is according to Norway-based research and energy intelligence company, Rystad Energy. During a recent episode of the firm’s Let’s Talk Energy...

PARAMARIBO, SURINAME – Industry leaders and government officials insist that Suriname’s ability to benefit from upcoming offshore oil production will rely on sustained investments in skills, education and local content capacity. The statements were made during a panel discussion at...

Dear Editor,  Christmas in Guyana has always had its own rhythm, with early cleaning, pepperpot bubbling before sunrise and every street corner glowing with lights. But this year, as the oil economy grows, many people are quietly asking a fair...

ExxonMobil Guyana’s offshore oil production averaged 841,000 barrels per day (b/d) in October across the four producing Stabroek Block developments, according to newly released government data.  The month was defined by continued stability at the mature projects and a sharp...

Dear Editor, Every week we hear the same tired chorus about Guyana’s oil sector: the contract is bad, the companies are exploiting us, nothing is changing and we are “not seeing the benefits". But anyone who has been paying attention...

Guyana President Irfaan Ali on Friday urged the country’s private sector to form a consortium capable of joining offshore operations by providing supply and other support vessels.  With the rapid growth of the offshore oil and gas sector, the country...

Brent crude is the leading global benchmark for oil prices. It refers to a classification of water-borne crude originally from the North Sea, now a blend from several North Sea fields, that is light (low density) and sweet (low...