News

PARAMARIBO, SURINAME - A recurring theme at the Suriname Energy, Oil & Gas Summit (SEOGS) 2025 technical conference was the drive for lower emissions in offshore oil and gas operations. Panelists from SBM Offshore, TotalEnergies, and S&P Global provided...

Guyana’s Chief of Defence Staff, Brigadier Omar Khan, said the Guyana Defence Force (GDF) is implementing a focused military strategy to strengthen its capabilities as tensions with Venezuela persist. “Yes, Venezuela has increased their aggression against Guyana,” Brigadier Khan stated...

Baker Hughes reached a major local content win in 2024, with 55% of its workforce in Guyana made up of Guyanese. The company credits sustained investment in local talent and a people-centered development strategy. “People first energy board is really...

TotalEnergies has completed an Industrial Baseline Study (IBS) in Suriname to assess the country’s local supply chain capabilities. The company’s Local Content Program, currently in development, is built on the insights of this study. “This study gives us the opportunity...

The International Monetary Fund (IMF) has called on Namibia to adopt a clear and comprehensive framework to manage its emerging oil and gas sector, warning that without robust governance structures, the southern African nation could miss the opportunity to...

Guyana currently uses Bunker C fuel to generate electricity nationwide. While this fuel has been primarily used for that purpose, the associated natural gas, which is intended for electricity generation, will reduce costs and enable the country to save...

OMNI Helicopters Guyana Inc. (OHGI) has expanded its offshore search and rescue (SAR) crew with the graduation of four new locally trained professionals, the company said on LinkedIn last week. The new additions completed a three-month training program and will...

PARAMARIBO, SURINAME - Frédéric Beys, GranMorgu Project Director at TotalEnergies, highlighted the company’s forward-thinking strategy and sustainability-driven innovations during remarks at the 2025 Suriname Energy, Oil & Gas Summit (SEOGS). “We will spend, altogether, 30 million man hours on this...

PARAMARIBO, SURINAME – Saipem is setting the stage for major local content contributions in Suriname through its work on the second phase of the offshore GranMorgu project, according to Gianluigi Della Rossa, the company’s Country Manager for Guyana and...

Oil prices could spike to as high as US$100 a barrel if Iran escalates regional tensions by targeting shipping in the Strait of Hormuz, analysts at consultancy Wood Mackenzie said. They view such a move as unlikely. However, the...