News

UAL launches new Caribbean shuttle service to enhance regional trade connectivity

UAL (Universal Africa Lines) has introduced the UAL Caribbean Shuttle, a fixed 9-day loop service linking Point Lisas (Trinidad & Tobago), Georgetown (Guyana), and Paramaribo (Suriname). The new service responds to increasing demand for reliable, multipurpose shipping options in...

Timothy Ramkissoon: From first hire to leadership at TechnipFMC

When Timothy Ramkissoon joined TechnipFMC in 2017, oil and gas activities in Guyana were now picking up. “My story is a bit interesting, because when I joined, I was one of the first Guyanese hires in oil and gas,” he...

Guyana’s first Yellowtail crude cargo heads to the Netherlands – OilX

The first cargo from ExxonMobil Guyana’s newly commissioned Yellowtail oil project is bound for the Netherlands, one of the leading destinations for Guyana’s crude, according to OilX, a flows intelligence firm. OilX initially flagged the Yuan Bei Hai tanker as...

Guyana among nations overhauling petroleum laws to attract investment – GEOExPro

Guyana is among a group of countries that have introduced sweeping changes to their petroleum laws in a bid to stay competitive for upstream investment, according to GEOExPro, a worldwide energy magazine and online publication. The publication reported, “Jurisdictions like...

ExxonMobil is conducting underwater survey in Guyana’s Stabroek Block 

ExxonMobil Guyana Limited (EMGL) began Autonomous Underwater Vehicle (AUV) surveying operations in the Stabroek Block on August 20, 2025.  According to a recent notice from the Maritime Administration Department (MARAD), the exercise is scheduled to run until September 30, 2025,...

Staatsolie to launch offshore open-door offering in November

Suriname’s state oil company Staatsolie announced it will open a new offshore licensing round on November 24, 2025, giving investors the chance to bid for open acreage under flexible contract terms. The Open-Door Offering will allow companies to select their...

MODEC seeks subcontractor for industrial gas supply in Guyana

MODEC Guyana Inc. has announced that it is seeking a subcontractor to provide industrial gas supply services for its operations in Guyana. The company said the subcontractor will be responsible for ensuring high standards of material quality, supply reliability,...

Promises for oil & gas unveiled as Guyana’s landmark elections now just days away  

Oil is a major discussion point ahead of Guyana’s September 1 general election. The ruling People’s Progressive Party/Civic (PPP/C) is campaigning on a platform of continuity, while opposition parties vow to impose stricter oversight and secure a greater share...

TotalEnergies says Suriname’s offshore development shaped by complex geology and logistics

Frédéric Beys, Project Director for TotalEnergies’ GranMorgu development, said the company’s first Suriname oil project has been slowed by geological and logistical challenges that shaped its design and timeline.  “The geology of Block 58 in Suriname is much more complex...

T&T’s offshore map redrawn: New projects push energy pipeline forward

The Energy Chamber of Trinidad and Tobago has released an updated map of upstream activity as of August 2025, showing how several projects have shifted through the development cycle in the past six months.  The map was first unveiled at...

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Staatsolie’s 2024 Sustainability Report outlines low-carbon growth and offshore ambitions

PARAMARIBO, SURINAME - Staatsolie’s 2024 Sustainability Report showcases a year of major progress in responsible energy development, anchored by...