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Blue Water secures key logistics contract for Noble’s Block 52 campaign in Suriname

OilNOW -
Blue Water Suriname has secured the Rig Agency and Logistics & Shore Base Support contract for Noble Corporation’s operations in Block 52. Block 52 spans 4,749 square kilometres and lies off the coast of Paramaribo. Noble Developer, a semisubmersible Mobile Offshore...
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Trinidad aims to deliver wind energy data to investors by 2026

OilNOW -
Trinidad and Tobago plans to make reliable onshore and offshore wind resource data available to investors by 2026, a move intended to attract renewable energy investment and support the country’s green hydrogen ambitions. Speaking at a workshop for the European...
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MODEC launches new offshore training intake for Guyanese technical graduates

OilNOW -
MODEC has launched a new intake for its Offshore Technical Trainee Program in Guyana. This initiative follows the launch of the company’s onshore training program, which includes eight Guyanese in its first cohort. MODEC is seeking trainees to take part...
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Suriname’s Caiman-1 well could unlock shallow end of ‘Golden Lane’ – GEOExPro 

OilNOW -
Petronas is preparing to drill Caiman-1 in Suriname’s offshore Block 52, a move that could expand exploration into the shallower section of the 'Golden Lane', according to global energy magazine GEOExPro. The "Golden Lane" in the Guyana-Suriname Basin refers...
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Chevron appoints John Hess to board following US$53 billion merger

OilNOW -
Chevron Corporation has appointed John Hess, former chief executive of Hess Corp, to its board of directors, the U.S. oil major said on Tuesday, following the completion of its US$53 billion acquisition of Hess earlier this month. The announcement comes...
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Guyana records US$3 billion trade surplus in Q1 2025, driven by oil exports

OilNOW -
Guyana posted a trade surplus of US$3.01 billion in the first quarter of 2025, driven by crude oil exports, which continued to dominate the country’s external trade, according to Bank of Guyana data. Exports totaled US$4.66 billion, of which US$4.24...
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ExxonMobil Guyana targets procurement improvements to boost supplier engagement 

OilNOW -
ExxonMobil Guyana is working to improve procurement processes to ensure broader access and deeper engagement with local suppliers, Socioeconomic Manager Lorna Carlson said Friday at the 2025 Guyana Supplier Forum.  “As the operator, ExxonMobil Guyana Limited is committed to deepening...
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Exxon-led group recovers over US$35.9 billion in costs from Guyana oil projects

Kemol King -
ExxonMobil and its partners Chevron (formerly Hess) and CNOOC have recovered approximately US$35.9 billion in exploration, development and other costs from oil production in Guyana's offshore Stabroek Block, according to the Bank of Guyana’s latest quarterly report. The figure, which...
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Guyana has struck the perfect balance between oil development and environmental protection – Bharrat

OilNOW -
Guyana’s rapid rise as an oil-producing nation has not come at the expense of its environmental credentials, Minister of Natural Resources Vickram Bharrat said on the sidelines of the Global Biodiversity Alliance Summit in Georgetown last week.  Speaking on the...
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TechnipFMC seeks local companies for offshore services in Guyana

OilNOW -
TechnipFMC has issued a Request for Expression of Interest (EOI) for companies to support upcoming offshore projects in Guyana.  Interested suppliers must be registered with the Local Content Secretariat and the Centre for Local Business Development in Guyana, Technip said.  Exxon’s...
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Stories Beyond the BarrelShikema Dey -

David Phillips: Building skills and people at TechnipFMC

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