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Women participation in oil and gas to increase exponentially as GCCI tackles contract barriers — President

OilNOW -
Women are entering Guyana’s oil and gas sector in growing numbers, but targeted support is now needed to ensure they can access contracts, financing, and technical opportunities. This is according to Kathy Smith, President of the Georgetown Chamber of...
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Guyana logged 260 oil lifts in 2025

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Guyana recorded 260 crude oil lifts in 2025 from its four producing floating production, storage and offloading (FPSO) vessels, Minister of Finance, Dr Ashni Singh, said during the reading of Budget 2026 on January 26. He told the National Assembly...
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TotalEnergies EP Suriname to host oil and gas awareness session for local businesses

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TotalEnergies EP Suriname B.V. will host a one-day Oil & Gas Awareness session aimed at strengthening the capacity of local businesses connected to the energy sector. The session will be held on February 10, from 8:30 a.m. to 4:00 p.m....
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Guyana’s oil revenues to fund 32% of 2026 budget as spending expands

Kemol King -
Revenue from Guyana’s rapidly expanding oil sector is expected to fund 32% of the country’s 2026 national budget, as offshore crude production continues to serve as a pillar of support for the government’s budget.  The contribution of GY$495 billion (US$2.37...
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Oil to remain dominant driver of Guyana’s 16.2% growth in 2026 – Finance Minister

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Guyana’s economy is projected to grow by 16.2% in 2026, with the oil and gas sector continuing to be the dominant driver of expansion, Finance Minister Ashni Singh said on Monday. During a reading of the government’s 2026 budget in...
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ExxonMobil says Guyana-style acceleration possible in Trinidad if key conditions align

Shikema Dey -
ExxonMobil believes the rapid development model it applied in Guyana could be replicated in Trinidad and Tobago if deepwater exploration proves successful, but only if the same foundational conditions are in place, according to Dr. Gboyega Ayeni. Ayeni, Business Development...
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Budget 2026: Seminar set to explain measures and benefits

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Following the presentation of Guyana’s Budget 2026, Ascension Business Services, one of Guyana’s leading corporate advisory firms, is hosting a public seminar aimed at addressing questions and clearing up uncertainty surrounding the measures announced. The post-Budget 2026 seminar will be...
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Guyana produced 261.1 million barrels of crude in 2025 – Dr. Ashni Singh 

Shikema Dey -
An estimated 261.1 million barrels of oil were produced in 2025, according to figures presented during Guyana’s 2026 National Budget. Senior Minister within the Office of the President with responsibility for Finance, Dr. Ashni Singh, disclosed the production data as...
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Energy Chamber of Trinidad and Tobago will revise Safe to Work program after PM’s concerns

Shikema Dey -
Chairperson of the Energy Chamber of Trinidad and Tobago, Mala Baliraj, said the Chamber will change how its Safe to Work program is structured following concerns raised by Prime Minister Kamla Persad-Bissessar. The decision follows the government’s withdrawal from the...
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Guyana’s Hammerhead stands out as subsea EPC spending cools in 2025 – Westwood

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Global subsea engineering, procurement and construction (EPC) awards totaled approximately US$17 billion for 2025, a 20% year-on-year decline, but Guyana remained one of the few bright spots as major projects advanced, according to Westwood Energy Global Group. In an analysis...
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Middle East tensions could lift Guyana’s oil revenues, but capacity risks remain – Orinoco Research

Rising geopolitical instability in the Middle East could increase oil revenues for Guyana while also exposing capacity constraints across...

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