Guyana currently uses Bunker C fuel to generate electricity nationwide. While this fuel has been primarily used for that purpose, the associated natural gas, which is intended for electricity generation, will reduce costs and enable the country to save...
OMNI Helicopters Guyana Inc. (OHGI) has expanded its offshore search and rescue (SAR) crew with the graduation of four new locally trained professionals, the company said on LinkedIn last week.
The new additions completed a three-month training program and will...
PARAMARIBO, SURINAME - Frédéric Beys, GranMorgu Project Director at TotalEnergies, highlighted the company’s forward-thinking strategy and sustainability-driven innovations during remarks at the 2025 Suriname Energy, Oil & Gas Summit (SEOGS).
“We will spend, altogether, 30 million man hours on this...
PARAMARIBO, SURINAME – Saipem is setting the stage for major local content contributions in Suriname through its work on the second phase of the offshore GranMorgu project, according to Gianluigi Della Rossa, the company’s Country Manager for Guyana and...
Oil prices could spike to as high as US$100 a barrel if Iran escalates regional tensions by targeting shipping in the Strait of Hormuz, analysts at consultancy Wood Mackenzie said. They view such a move as unlikely. However, the...
PARAMARIBO, SURINAME – SBM Offshore and Technip Energies are building Suriname’s first floating production, storage and offloading (FPSO) unit for the upcoming GrandMorgu field. The vessel, scheduled to arrive in-country by mid-2028, will be critical to the project’s success,...
PARAMARIBO, SURINAME – The African Export-Import Bank (Afreximbank) wants to be a long-term financial partner for small and medium-sized enterprises (SMEs) in Suriname, especially as the country enters a new phase of development driven by its oil and gas...
PARAMARIBO, SURINAME - As Suriname prepares for the GranMorgu oil development, Vandana Gangaram Panday, Director at Staatsolie Hydrocarbon Institute, cautioned against overregulating local content.
Speaking on day four at the Suriname Energy, Oil and Gas Summit, Panday acknowledged the ongoing...
Guyana’s Natural Resource Fund (NRF) has surpassed the US$1 billion mark in crude oil revenue deposits this year through May 2025, as robust production from the ExxonMobil-led Stabroek Block continues to provide money for the government’s national development priorities.
The most...
PARAMARIBO, SURINAME – TotalEnergies has identified additional wells that will be drilled to sustain plateau production at its landmark GranMorgu project offshore Suriname, according to Javier Rielo, the company's Senior Vice President, Americas.
“We have already identified wells. We are...
Halliburton and ExxonMobil Guyana Limited have completed the industry’s first fully automated closed-loop well placement offshore Guyana, the companies...
