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Staatsolie Maatschappij Suriname N.V. has opened a 90-day window for competing proposals after receiving an application for an offshore exploration area under its Open-Door Offering. The proposal covers the DW WEST area in Sector 4. The proposal was announced on...

Dear Editor, The recent report on the expansion of the Family Awareness, Consciousness, Togetherness (FACT) after-school science, technology, engineering and mathematics (STEM) program is a useful reminder that national development begins long before a young person enters the workforce. The program,...

Trinidad and Tobago’s decision to lower the royalty rate on qualifying marginal marine gas fields from 12.5% to 8% should give Guyana reason to reflect on how it debates petroleum fiscal terms. The measure, included in Trinidad and Tobago’s Finance...

The Errea Wittu unit for ExxonMobil’s Uaru development in the Stabroek Block is part of MODEC’s latest floating production, storage, and offloading (FPSO) fleet under construction and will use the company's next-generation floating production technology. In its 2025 Integrated Report,...

Weak airline demand continues to weigh on the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) market, where Guyana sells eligible forest carbon credits, according to an S&P Global report published on June 24.  The report noted that demand...

APA Corporation Executive Vice President of Exploration Tracey Henderson argued that the success of the Guyana-Suriname Basin is evidence that long-term investment in oil and gas exploration can deliver major discoveries.  In a June 25 interview on Rystad Energy's Let's...

Businesses supported by Guyana’s Centre for Local Business Development (CLBD) through its AccelerateHer and ElevateAll programs have reported annual revenue growth of up to 70%, according to a post-program impact survey shared with OilNOW on June 29. The Centre said...

Dear Editor, Over the past few years, national development conversations in Guyana have focused heavily on oil, infrastructure, agriculture, education, and other major sectors. That is understandable, given the scale of change taking place in the country. However, as Guyana...

French energy major TotalEnergies is expanding the use of generative artificial intelligence (AI) across its workforce to improve operational performance, accelerate innovation, and strengthen decision-making across its business. The company outlined its strategy in its Energy Talks publication released...

Guyana Deep Water Operations Incorporated (GDO), a subsidiary of SBM Offshore, is seeking information from qualified suppliers in Guyana to support the testing, calibration and recertification of equipment used aboard three floating production, storage and offloading (FPSO) vessels operating...