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Eco Atlantic considering heavy-oil development at Jethro; says Exxon Hammerhead FID triggers ‘fresh look’

Shikema Dey -
Eco Atlantic Oil and Gas is taking a fresh look at its 2019 Jethro-Lobe discovery offshore Guyana, after ExxonMobil’s Hammerhead project proved that heavy oil finds in the basin can be commercially developed. Chief Executive Officer Gil Holzman said in...
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TechnipFMC has an unbroken run of ExxonMobil Subsea awards in Guyana – CEO 

OilNOW -
TechnipFMC Chief Executive Officer Doug Pferdehirt has highlighted the company’s exceptional record of securing every subsea production system contract awarded by ExxonMobil in Guyana since 2017. Speaking on the company’s third-quarter 2025 earnings results announced on Wednesday, Pferdehirt said that...
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Suriname promises green growth: Offshore oil to fund forest protection

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As Suriname prepares for its first major offshore oil production, President Jennifer Geerlings-Simons said the government is committed to using those resources to protect the country’s vast forests and biodiversity.  She noted that Suriname remains “about 93%” forested and described...
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TechnipFMC reports strong Q3 2025 results driven by subsea growth

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TechnipFMC has delivered another solid quarter, reporting total revenue of US$2.65 billion for the third quarter of 2025. Net income attributable to the company was US$309.7 million, or US$0.75 per diluted share, while adjusted net income reached US$312.1 million....
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Guyana among few countries in the world where investments in O&G exploration remain robust

OilNOW -
While global oil and gas exploration has slowed dramatically over the past decade, Guyana stands as one of the few nations bucking the trend. According to Palzor Shenga, Vice President – Upstream Research at Rystad Energy, the South American...
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TT Energy Chamber urges continued investment confidence as Nutrien halts Point Lisas operations

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The Energy Chamber of Trinidad and Tobago has responded to Nutrien Ltd.’s announcement of a controlled shutdown of its ammonia and urea operations at the Point Lisas Industrial Estate, noting the importance of maintaining the country’s attractiveness to investors.  In...
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Minister Brunings underscores Suriname’s green leadership at Pre-COP30

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PARAMARIBO, SURINAME - In the run-up to the 30th Session of the COP30 (United Nations Climate Change Conference) scheduled for November in Belém, Brazil, Suriname is signaling its intent to link climate action with its evolving oil and gas-era...
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Suriname’s GranMorgu offshore oil project is 23% complete 

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PARAMARIBO, SURINAME – On Tuesday, October 21, representatives from TotalEnergies and Staatsolie met with President Jennifer Geerlings-Simons to report that Suriname’s large-scale offshore GranMorgu oil project in Block 58 is 23% complete, according to a report from the Office...
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ExxonMobil wins Upstream Operator of the Year for Guyana and Permian excellence

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ExxonMobil has been named Upstream Operator of the Year at the Gulf Energy Information Excellence Awards, earning recognition for its performance in Guyana and the Permian Basin. ExxonMobil Upstream President, Dann Ammann, made the announcement on LinkedIn on October 17,...
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‘My people must benefit’ – Suriname President in push for local-content laws as production looms

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With the start of offshore oil production just a few years away, Suriname’s President Jennifer Geerlings-Simons is focusing on ensuring citizens and local companies benefit.  She told Newsweek in a recent interview: “Surinamese people and Surinamese companies need to participate...
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Kuwait, Qatar, other long-established producers now trail Guyana in per capita oil output

Countries with some of the world’s most mature petroleum industries now rank behind Guyana in per capita oil production,...

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