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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...

Saudi Arabia-based Advanced Energy Systems (ADES) has become the world’s largest offshore drilling rig manager, with 77 units under management by mid-2026, according to an analysis by Westwood Global Energy Group published on July 23. ADES moved into the top...

The floating production, storage and offloading (FPSO) vessels operating offshore Guyana may be the most visible part of the nation’s oil industry, but production begins thousands of feet below the ocean surface through a complex network of wells, subsea...

Guyana’s offshore oil industry moved 260 crude cargoes in 2025, carrying production from four floating production, storage and offloading (FPSO) vessels operating in the Stabroek Block to international markets. Every tanker carrying Guyana’s crude must operate within a global framework...

Halliburton highlighted its integrated well construction contracts for Suriname’s GranMorgu development as the company reported higher revenue in the second quarter of 2026. The United States energy services company generated US$5.7 billion in revenue during the quarter, up 6% from...

Eco (Atlantic) Oil & Gas and Navitas Petroleum expect to complete negotiations with the Guyana government for a new production sharing Agreement covering the Orinduik Block area in the third quarter of 2026. The agreement would allow the companies to...

Saipem has secured a contract valued at approximately US$260 million to support a long-term offshore drilling campaign for Eni Côte d’Ivoire Limited, with operations expected to begin in early 2027. The contract was awarded by Eni Côte d’Ivoire Limited, a...

Dear Editor, As Guyana mourns those lost in the MV Barima tragedy, the families, survivors and affected communities must remain at the center of our thoughts. One aspect of the national response that deserves recognition is the way people and organizations...

President Irfaan Ali said families of those still missing following the MV Barima tragedy would be consulted if authorities are forced to fully salvage the capsized vessel. Ali said Thursday evening that full salvage is the remaining option if attempts...

The number of bodies recovered following the MV Barima tragedy has increased to 72, the Guyana government confirmed on Thursday. Two bodies were recovered on July 23, adding to the 70 recovered by the end of Wednesday. Of the total,...