News

MODEC Guyana opens applications for 18-month Offshore Technical Trainee program

Persons interested in joining Guyana’s growing oil and gas sector now have a new pathway into offshore operations, as MODEC opens applications for its 18-month Offshore Technical Trainee program. The initiative targets recent technical graduates and aims to build...

Suriname energy summit opens this week with spotlight on first oil, local content and LNG

The Suriname Energy, Oil & Gas Summit and Exhibition (SEOGS) 2026 opens this week in Paramaribo, with organizers framing the event around a pivotal transition for the country: moving from major offshore discoveries toward full-scale development, project execution and...

“The future does not belong to bystanders,” says Matpal director as institute trains over 200 seafarers annually

Guyana’s growing maritime and oil and gas industries will require a new generation of skilled workers, and the Matpal Marine Institute has positioned itself to meet that demand by training more than 200 seafarers every year. Speaking at the Matpal...

New Development Bank could create a “testbed” for innovation linked to Guyana’s low-carbon and oil-driven economy

Pradeepa Bholanath, Guyana’s Lead Climate Negotiator, said the new Development Bank could become a launchpad for innovation, helping entrepreneurs test new ideas and build industries linked to the country’s Low Carbon Development Strategy (LCDS) and rapidly expanding economy. Speaking during...

In-country capping stack slashes response time for offshore well emergencies by up to five days

Guyana has reduced the time needed to respond to a potential offshore well blowout by as much as five days through the in-country placement of a capping stack, a critical piece of emergency response equipment used to contain uncontrolled...

Guyana-Venezuela Border case now in its most consequential phase

The Guyana-Venezuela Border Controversy is now in one of its most consequential phases before the International Court of Justice, with the written pleadings completed and the case expected to move through final oral hearings before the Court begins deliberations...

China debt seen as major hurdle in Venezuela’s bid to restructure US$150B+ liabilities – S&P Global

Venezuela’s efforts to restructure more than US$150 billion in sovereign and oil company debt could improve investor confidence in its energy sector, but obligations to China may complicate any final agreement, according to experts interviewed by S&P Global. The June...

Junior Stock Exchange could open new capital path for Guyanese businesses – Singh

Senior Minister in the Office of the President with responsibility for Finance Dr. Ashni Singh has said the proposed Junior Stock Exchange could give Guyanese businesses another route to raise capital, but only if they can prove investors’ money...

Halliburton Guyana seeks suppliers for Kenworth truck and trailer parts

Halliburton Guyana Inc. is seeking suppliers to provide materials and spare parts for its fleet of Kenworth trucks and trailers, creating another procurement opportunity for local businesses supporting Guyana’s growing oil and gas sector. The opportunity was published on June...

Marine careers becoming increasingly important to Guyana’s oil and gas future – SBM Offshore Country Manager

Guyana’s rapidly expanding offshore oil and gas industry is creating growing demand for maritime professionals, making careers in the sector increasingly important to the country’s economic future, according to SBM Offshore Guyana Country Manager Martin Cheong. Addressing students and job...

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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...