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TechnipFMC has delivered another solid quarter, reporting total revenue of US$2.65 billion for the third quarter of 2025. Net income attributable to the company was US$309.7 million, or US$0.75 per diluted share, while adjusted net income reached US$312.1 million....

While global oil and gas exploration has slowed dramatically over the past decade, Guyana stands as one of the few nations bucking the trend. According to Palzor Shenga, Vice President – Upstream Research at Rystad Energy, the South American...

The Energy Chamber of Trinidad and Tobago has responded to Nutrien Ltd.’s announcement of a controlled shutdown of its ammonia and urea operations at the Point Lisas Industrial Estate, noting the importance of maintaining the country’s attractiveness to investors.  In...

PARAMARIBO, SURINAME – On Tuesday, October 21, representatives from TotalEnergies and Staatsolie met with President Jennifer Geerlings-Simons to report that Suriname’s large-scale offshore GranMorgu oil project in Block 58 is 23% complete, according to a report from the Office...

ExxonMobil has been named Upstream Operator of the Year at the Gulf Energy Information Excellence Awards, earning recognition for its performance in Guyana and the Permian Basin. ExxonMobil Upstream President, Dann Ammann, made the announcement on LinkedIn on October 17,...

Petrobras has begun an exploratory drilling campaign in block FZA-M-059, located in deep waters off Amapá, as part of efforts to determine the oil and gas potential of Brazil’s Equatorial Margin. Petrobras announced on Monday that the well, positioned about...

ExxonMobil Guyana will complete its latest seismic data acquisition campaign in December, marking the end of a months-long effort to improve how oil is produced and managed from the country’s offshore reservoirs. The company’s President, Alistair Routledge, said the work...

The 2022 Bareleye discovery in Guyana’s prolific Stabroek Block is up for further appraisal, ExxonMobil Guyana’s President Alistair Routledge announced during a recent press conference at the company’s new Ogle campus.  Routledge disclosed that the company has already advanced its...

Alistair Routledge,  President of ExxonMobil Guyana says the company’s fifth and sixth developments — Uaru and Whiptail — are advancing as planned, with both projects “on or close to their target schedules”. Speaking at a press briefing held on October...

ExxonMobil is assessing whether its massive Ranger discovery offshore Guyana can be economically developed, President Alistair Routledge confirmed during a press briefing on October 13. “The Stena Carron rig is currently on that reservoir,” Routledge said. “This is actually one...