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Why Guyana’s oil and gas data repository matters for offshore exploration

Guyana’s consideration of a national oil and gas data repository could improve how seismic and drilling information is managed as offshore exploration expands beyond the Stabroek Block. The Guyana government first signaled plans for a petroleum data repository in 2023,...

Guyana’s safety culture is improving, but the work must continue

Dear Editor, Guyana’s safety culture is gradually shifting for the better, and I don’t say that lightly. It is no secret that when it comes to safety, especially in the workplace, it was almost nonexistent in Guyana. From my point...

Major operators still see geological potential in Trinidad and Tobago’s deepwater acreage – Energy Chamber

The Energy Chamber of Trinidad and Tobago, in a May 18 report, said major oil operators continue to view Trinidad and Tobago’s deepwater acreage as geologically prospective, with renewed seismic activity and regional comparisons reinforcing interest in underexplored offshore...

‘It’s interesting to see how Guyana picked up on local content’ – Anne Wijdh urges similar gains for Suriname

Guyana’s investment in education and workforce development in its oil and gas sector offers a model that Suriname should closely examine as it prepares for offshore production and local content development. This is according to local content specialist Anne...

Petrobras commits US$2.14B to construct eight offshore support vessels, create 7,000 jobs

Petrobras has contracted DOF Subsea to construct and operate four offshore support vessels for US$2.14 billion (R$11 billion), a move expected to generate roughly 7,000 direct and indirect jobs and strengthen Brazil’s shipbuilding industry, according to a company statement...

Eco, JHI seek renewal of expired Canje Block license in Guyana

Eco (Atlantic) Oil & Gas said on Monday that it and JHI Associates remain engaged with Guyana’s government over a possible extension or reissuance of the Canje Block license offshore the South American country, months after the acreage expired...

Petrobras investment to raise Bahia production to 30,000 boe/d, create 6,500 jobs

Brazil’s state-run oil company Petrobras said it will more than double oil and gas production in Bahia to 30,000 barrels of oil equivalent per day (boed/d), supported by new investments and projects expected to generate jobs, according to a...

GCCI says businesses pursuing energy opportunities need to become “bankable”

GCCI Senior Vice President Gavin Ramsoondar said Guyanese companies seeking opportunities in the oil and gas sector must improve their internal systems and operational readiness. Ramsoondar made the comments following the Offshore Technology Conference (OTC) 2026 in Houston, Texas. “One of...

Financial Times spotlights Suriname’s oil ambitions and the risks behind the “new dawn”

PARAMARIBO, SURINAME – The Financial Times has released a documentary examining Suriname’s emerging offshore oil sector, describing the country as “one of Big Oil’s newest frontiers” while exploring the opportunities and risks tied to the anticipated industry boom.  The 30-minute+...

Staatsolie says investor confidence supported GranMorgu funding deal

Staatsolie secured more than US$2 billion in financing in 2025 to fund its 20% participation in Suriname’s GranMorgu offshore oil development, according to Managing Director Annand Jagesar. In a message published in the company’s 2025 Annual Report released on May...

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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...