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Global energy technology company SLB and Qualcomm Technologies have signed a memorandum of understanding t(MOU) to develop edge artificial intelligence solutions aimed at improving real-time decision-making across oil and gas operations. The agreement, announced by SLB on June 9, combines...

Phoenix Park Gas Processors Limited and GuyGas Inc. have been identified as the first-ranked firms to operate and maintain Guyana’s Gas-to-Energy Phase 1 Natural Gas Liquids Plant, the Office of the Prime Minister said in a release this morning.  It...

ExxonMobil Guyana Limited has proposed a new exploration and appraisal drilling campaign that could see up to 35 wells drilled in the Stabroek Block between 2028 and 2033. The Guyana Environmental Protection Agency (EPA) announced on June 14 that it...

Halfway into 2026, Guyana’s natural gas push is no longer centered only on getting gas to shore at Wales. The country’s near-term gas plan is still tied to the Gas-to-Energy project on the West Bank of Demerara. But the first...

ExxonMobil Guyana is moving ahead with fresh exploration drilling at the Barreleye-3 well in the Stabroek Block, continuing work to evaluate one of the discoveries that could help shape the next wave of development offshore Guyana. The drilling campaign is...

Suriname’s GranMorgu offshore oil development moved deeper into execution in the first half of 2026, with progress recorded across financing, subsea equipment, floating production storage and offloading vessel (FPSO) construction, and workforce preparation. The TotalEnergies-led project in Block 58 is...

ExxonMobil Guyana says its 2025 profit exceeded Guyana’s oil earnings because the company’s financial statements are prepared under international accounting rules, while the government’s oil take is determined under a separate cash-based cost recovery and profit-sharing system in the...

Dr. Carla Crawford was not trained for oil and gas. “I still practice as a physician,” she said. But the skills she learned from running a medical practice helped her understand business, people, and the patience needed to build...

ExxonMobil Guyana Limited’s proposed Haimara project could require 24 to 60 wells, placing the gas-focused development in the middle of the Stabroek Block lineup by drilling scope. The figure, shown in a comparison of ExxonMobil Guyana’s offshore projects revealed during...

SLB Chief Executive Olivier Le Peuch says Venezuela’s oil sector recovery hinges on digital technology, artificial intelligence and workforce development. He made the remarks as the company deepened its long-running partnership with state oil firm Petróleos de Venezuela, S.A. (PDVSA)...