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Guyana opposition stages protest in Parliament over MV Barima tragedy as House approves funding, passes bills

Opposition Members of Parliament (MP) staged a protest in the National Assembly on Monday afternoon, chanting for the dismissal of Public Works Minister Juan Edghill and Public Utilities and Aviation Minister Deodat Indar over the MV Barima tragedy, while...

Guyana, Suriname gas resources raise energy export prospects, Wood Mackenzie says

Guyana and Suriname’s natural gas resources could support future energy exports as offshore development continues, according to Wood Mackenzie. In a video message posted on July 27, Adrian Lara, Principal Analyst for Upstream Latin America at Wood Mackenzie, said upstream...

SLB’s Q2 2026 Latin America revenue reaches US$1.71B, supported by production systems sales in Guyana, Brazil, Mexico 

Increased offshore development activity in Guyana, Brazil and Mexico supported SLB’s Latin America performance during the second quarter of 2026, with the oilfield services company reporting US$1.71 billion in regional revenue. SLB reported its second-quarter results on July 24, showing...

Letter to the Editor: Local businesses need financing as well as training

Dear Editor, Discussion about the proposed Guyana Development Bank has raised an important issue for local businesses seeking opportunities in the energy sector: training alone is not enough if companies cannot finance the improvements needed to compete. Local firms are regularly...

Beyond light and sweet: The carbon advantage of Guyana’s oil production

Guyana’s crude has earned a reputation for being light and sweet, making it attractive to refiners because it is easier and less expensive to process into products such as gasoline, diesel and jet fuel. Increasingly, however, another quality is...

Supermajors secure more exploration acreage as drilling commitments decline, Westwood Energy says

Global oil and gas majors are expanding their exploration portfolios, but most new agreements are focused on securing future opportunities rather than committing to immediate drilling activity, according to an analysis by Westwood Global Energy Group. The analysis, published on...

Letter to the Editor: Higher production does not automatically erase the cost bank

Dear Editor, Recent commentary has suggested that because Guyana is producing more oil and earning significant revenues, the outstanding costs associated with the Stabroek Block should already have been fully recovered. From there, the argument is made that Guyana should...

The final stage of an offshore project: How ExxonMobil plans for decommissioning in Guyana 

All offshore oil projects are designed with its final day in mind. Long before a floating production, storage and offloading (FPSO) vessel begins producing oil, operators must plan how wells will be sealed, subsea infrastructure managed, and facilities safely...

Ali names international panel to investigate MV Barima tragedy

Guyana President Irfaan Ali on Sunday named a five-member international Commission of Inquiry (CoI) to investigate the MV Barima tragedy. The panel includes specialists from Belize, Poland, Jamaica, and Trinidad and Tobago. It will examine the July 18 capsizing, the...

Letter to the Editor: Local fabrication must become a permanent Guyanese industry

Dear Editor, Recent reports that local fabrication has secured a place in Guyana’s oil and gas supply chain should be viewed as more than an achievement for the petroleum sector. It is an opportunity to build industrial capabilities that can...

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Nigeria targets up to US$50 billion in offshore investment as it competes with Guyana for oil capital

Nigeria expects to attract between US$30 billion and US$50 billion in offshore oil and gas investment by 2030 as...