News

Guyana’s oil growth stands out as global high-impact exploration hits record low – Westwood

Guyana’s rapid offshore production growth is unfolding against a more cautious global exploration backdrop, with Westwood Global Energy Group reporting that high-impact exploration drilling fell to its lowest annual level on record in 2025. In its State of Exploration 2026...

Surinamese firms should seek strategic partnerships early to build offshore capacity – SBM Offshore Guyana head

PARAMARIBO, SURINAME – Surinamese businesses seeking to participate in the country's growing offshore oil and gas sector can accelerate their development through strategic partnerships with experienced international companies that support knowledge transfer, capacity building, and preparation for industry demands....

GranMorgu production could extend beyond initial lifespan, TotalEnergies says

PARAMARIBO, SURINAME – The GranMorgu development could continue producing beyond its planned operating life, according to Artur Nunes da Silva, General Manager of TotalEnergies Suriname. Speaking during day 2 of the Suriname Energy, Oil and Gas Summit, Nunes da Silva...

Halliburton Guyana seeks industrial support for onshore and offshore operations

Halliburton Guyana is seeking industrial support services for its onshore and offshore operations, opening an expression of interest for companies capable of providing welding, fabrication and related maintenance work in support of its energy services business. In a notice published...

SBM Offshore says GranMorgu FPSO will be its largest unit to date

PARAMARIBO, SURINAME – SBM Offshore says the GranMorgu floating production, storage and offloading (FPSO) unit will be the largest FPSO it has delivered to date, as construction advances in China for Suriname’s first offshore oil development. Pierre Gaté, Country Entry...

Guyanese private sector says Suriname map controversies undermine countries’ energy cooperation

Guyanese private sector bodies are warning that repeated controversy over Guyana’s border with Suriname is beginning to erode confidence in cross-border energy cooperation, after a map shown at the Suriname Energy, Oil and Gas Summit (SEOGS) 2026 depicted the...

Trinidad and Suriname energy chambers join forces on local content, investment and regional cooperation

Private sector energy ties between Trinidad and Tobago and Suriname have been strengthened with the signing of a memorandum of understanding (MOU) aimed at boosting local content, investment promotion and regional cooperation. The agreement was signed by the Energy Chamber...

TotalEnergies plans second wave of Suriname exploration from 2027

TotalEnergies is preparing for a second wave of exploration offshore Suriname, with a multi-well campaign expected to start next year, Daniel Larranaga, VP, Exploration Americas, TotalEnergies, said on day two of Suriname’s flagship energy conference in Paramaribo. Larranaga said Suriname...

OPITO warns Suriname training certificates alone cannot guarantee offshore safety

PARAMARIBO, SURINAME – Suriname's growing offshore oil and gas sector must focus on proving worker competence rather than relying solely on training certificates if it is to maintain high safety standards, according to OPITO's Senior Vice President for Strategic...

ExxonMobil’s proposed 35-well campaign targets appraisals of discoveries earmarked for potential future development, minister says

PARAMARIBO, SURINAME – ExxonMobil Guyana's proposed 35-well offshore drilling campaign is aimed at evaluating existing discoveries that could become future developments, rather than searching for new resources, according to Natural Resources Minister Vickram Bharrat. The minister spoke exclusively with OilNOW,...

Latest News

Halliburton secures integrated well construction contract for Suriname’s GranMorgu project

Halliburton has secured major integrated well construction contracts for the GranMorgu deepwater development offshore Suriname, marking another step forward...