News

PARAMARIBO, SURINAME - In her first annual address to Parliament, President Jennifer Geerlings-Simons announced that Suriname will launch a National Local Content Program in 2026 to ensure that citizens and businesses are directly engaged in the country’s emerging oil...

Guyana’s offshore sector is bracing for a major hiring surge in 2026, but the supply of certified local maritime workers is falling short of demand. This is according to Dr. Martin Pertab, who until recently headed Guyana’s Local Content...

Former Trinidad and Tobago Energy Minister Stuart Young this week criticized Prime Minister Kamla Persad-Bissessar for what he called a complete “about-turn” on the Venezuelan Dragon gas project, noting she had declared the venture “dead” only months earlier. Young, now...

Guyana’s representative at the International Court of Justice (ICJ), Carl Greenidge, has expressed confidence that the long-standing border dispute with Venezuela can be resolved without unnecessary delays, targeting a conclusion next year. “This case has been very long in getting...

Guyana’s President, Dr. Mohamed Irfaan Ali on Thursday pledged to build domestic capacity for marketing the South American nation’s rapidly growing oil output. He said the government will work with local businesses and foreign partners to develop the expertise...

Italian oilfield services company Saipem announced that it has completed the first complex subsea structure ever built in Guyana, describing it as a milestone for the country’s local content initiative. The Pipeline End Termination (PLET), manufactured at the Vreed-en-Hoop Shorebase,...

ExxonMobil’s Yellowtail oil project offshore Guyana will ramp up to its full production capacity of 250,000 barrels of oil per day (b/d) in a month.  The company’s Guyana Production Manager Huzefa Ali made the announcement on Thursday during an Energy...

The Guyana Marine Conservation Society (GMCS), in partnership with SBM Offshore Guyana, has launched a booklet featuring the culture and stories of the Warrau Indigenous people of Guyana.   The launch, held on September 29 at the National Center for...

PARAMARIBO, SURINAME – As Suriname prepares for first oil from Block 58 in 2028, Staatsolie CEO Annand Jagesar is urging discipline in how the windfall is managed, a point he emphasized in a September 24 interview with Het Financieele...

TotalEnergies Suriname has stepped up preparations for its GranMorgu project by hosting its second in-person technical training on floating production, storage and offloading (FPSO) process systems. Hércules Medeiros, Executive in Projects, Operations, and Asset Management at TotalEnergies, announced the update...