News

T&T Energy services firms report 56% drop in business volume and value in Q1 2026

Energy services companies in Trinidad and Tobago reported a sharp slowdown in activity in the first quarter of 2026, according to a survey released on March 19 by the Energy Chamber of Trinidad and Tobago. The Energy Services Sector Survey...

Berbice gas development pipeline could cost US$2B, ‘not a small investment’ – says ExxonMobil Guyana President

The pipeline to support Guyana’s gas development in East Berbice-Corentyne (Region Six) could cost about US$2 billion or more. This is according to President of ExxonMobil Guyana Limited (EMGL),  Alistair Routledge, speaking during a press conference on March 19.  The...

Increasing number of Guyanese joining energy sector a direct result of investment by Exxon and contractors  – Routlegde 

Approximately 9,000 people are now employed in Guyana’s oil and gas sector, with roughly 70% of them being Guyanese, Alistair Routledge disclosed during a recent media session.  The 70% represents approximately 6,300 local workers, including around 300 who are relatively...

Staatsolie to examine potential oil, gas deposits in Suriname’s EEZ next week

Staatsolie Maatschappij Suriname will begin a seismic survey offshore Suriname next week to assess potential oil and gas resources in the country’s Exclusive Economic Zone (EEZ). The company announced on March 19 via LinkedIn post that the research will involve...

Guyana share of oil revenues to increase as Exxon pays down cost faster with US$100 per barrel crude  

Guyana is set to receive a bigger share of revenue from oil production as higher prices accelerate the pace of cost recovery at the ExxonMobil-operated Stabroek Block. The cost bank for the block is just over US$5 billion, Alistair Routledge,...

ExxonMobil not planning to seek renewal of Canje licence – Alistair Routledge 

ExxonMobil Guyana Limited (EMGL) does not plan to seek a renewal of the Canje Block licence offshore the South American country, according to Alistair Routledge, the company's President. During a press conference on March 19 at Exxon’s office in Ogle,...

bp’s Ginger, Mento and Shell’s Manatee, Aphrodite fields target first gas in 2027

Several upstream gas developments planned by bp and Shell offshore Trinidad and Tobago are targeting first gas in 2027, according to the companies’ latest annual reports cited by the Daily Express.  Among the developments outlined in bp’s annual report is...

ExxonMobil to submit Longtail development plan to Guyanese ministry by end of week 

ExxonMobil Guyana said Thursday that it will submit a field development plan (FDP) for its proposed Longtail project to Guyana’s Ministry of Natural Resources by the end of this week.   President Alistair Routledge said during a press conference at the...

Exxon’s 5th Guyana project on track for start-up this year: FPSO ‘almost complete’

The Errea Wittu floating production, storage and offloading (FPSO) vessel for the Uaru project offshore Guyana is on track for completion and will set sail for Guyana later this year as scheduled, Alistair Routledge, ExxonMobil Guyana President, said today. Errea...

Guyanese women encouraged to explore oil and gas career opportunities at upcoming Women in Energy job fair

Over 200 women are expected to benefit directly from the Women in Energy job fair and supplier workshop to be held in Guyana on April 10 and 11, organizers said. The event is supported by SBM Offshore Guyana. Speaking with...

Latest News

T&T Energy services firms report 56% drop in business volume and value in Q1 2026

Energy services companies in Trinidad and Tobago reported a sharp slowdown in activity in the first quarter of 2026,...