News

ExxonMobil Guyana has formally begun the environmental authorization process for its proposed Haimara development offshore Guyana. Haimara would be the ninth hydrocarbon development project for Exxon in the country. Here are some key questions and answers about the project...

Occidental Petroleum has acquired a 10% stake in ExxonMobil’s deepwater exploration block offshore Trinidad and Tobago, according to two Reuters sources familiar with the matter. The block, known as UD(1), was previously wholly owned by ExxonMobil after the U.S. major...

ExxonMobil Guyana and SBM Offshore Guyana are among regional energy companies expected to participate in the Process Safety Forum 2026, scheduled for May 28 at the Cara Suites Hotel & Conference Centre in Claxton Bay, Trinidad. The event is being...

Guyana Deep Water Operations Inc. (GDO), a subsidiary of SBM Offshore, is seeking information from Guyanese suppliers for steel fabrication, timber supply and protective equipment. The company issued a request for information (RFI) on May 15, noting that the process...

Guyana is seen as a more attractive oil investment destination as Venezuela works through a sovereign debt restructuring process that analysts say could take years to complete, according to an S&P Global analysis published on May 20.  The report examined...

ExxonMobil Guyana has applied to the Environmental Protection Agency (EPA) for environmental authorization for the Haimara project, its proposed ninth development in the Stabroek Block. The project is expected to anchor a gas-focused development in the southeast section of the...

Petrobras has completed the acquisition of a 49.99% stake in Lightsource bp's subsidiaries in Brazil, advancing a strategic partnership focused on onshore renewable energy and energy storage projects in the country. Petrobras to invest US$2.14B in São Paulo by 2030...

A Guyanese rescue swimmer was part of a multinational crew that carried out a medical evacuation offshore Guyana on May 24, following a suspected cardiac emergency aboard a vessel, according to Omni Helicopters Guyana Incorporated. The company said the patient...

ExxonMobil proposed Longtail development will incorporate multiple environmental safeguards aimed at reducing impacts on marine ecosystems, water quality, and coastal resources offshore Guyana, according to the project’s Environmental Impact Assessment (EIA) published by the Environmental Protection Agency (EPA) in...

The National Gas Company of Trinidad and Tobago has completed the renewal of all downstream gas supply contracts with affiliates of Proman, securing natural gas supply for key methanol and ammonia operations on Trinidad’s Point Lisas Industrial Estate. The development...