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CGX Energy’s Wei-1 well offshore Guyana was identified in 2023 as a key test of whether oil discoveries outside the Stabroek Block could support a second standalone development. The well was drilled in the Corentyne Block following the Kawa-1 discovery...

Operators and contractors at the World Oil Deepwater Development Conference in Lisbon, Portugal, identified standardization as a key driver of faster project delivery, while warning it could constrain innovation, according to insights from Welligence. According to World Oil’s April feature,...

ExxonMobil Guyana President Alistair Routledge told the third cohort of trainee technicians graduating from the Guyana Technical Training College Inc. (GTTCI) that opportunities offshore are expanding alongside the country’s oil production.  “There’s a job waiting for you offshore. Meet the...

Staatsolie is calling on Surinamese businesses to participate in the 2026 edition of its Blue Wave Supplier Development Program, aimed at preparing local firms for offshore opportunities. In a LinkedIn post on April 8, 2026, the state oil company announced...

Guyana began selling offshore crude less than a decade after its first discovery. Today, the “Land of Many Waters” produces more than 900,000 barrels of oil per day (b/d) at the ExxonMobil-operated Stabroek Block. But once that oil leaves...

The disruption in the Strait of Hormuz is affecting global energy trade flows and could create export opportunities for Trinidad and Tobago, even as domestic risks remain, according to an April 9 note from the Energy Chamber of Trinidad...

Subsea7 announced on April 7 that it has signed a strategic collaboration agreement with PETRONAS Suriname E&P B.V., alongside Subsea Integration Alliance (SIA), for offshore field development work in Suriname. The agreement establishes a long-term framework for collaboration on multiple...

Guyana’s light to medium sweet crude from offshore fields like Liza in the Stabroek Block is finding its way to global refineries, including the Repsol YPF Cartagena Refinery in southeastern Spain. There, crude is transformed into the gasoline, diesel,...

Improving energy literacy in Guyana remains central to the country's development, as oil production drives rapid economic expansion. This is according to the Chair of the Society of Petroleum Engineers (SPE) Georgetown Section. Kenny Bissoon made the point in a...

ExxonMobil expects its first-quarter 2026 results to reflect lower production following disruptions to assets in the Middle East, the company said in a supplement to its earnings considerations filing on April 8. The company reported that certain assets in Qatar...