News

Upgraded safety diploma opens to prepare Guyanese for leadership roles

An upgraded occupational safety and health diploma will be offered at the New Amsterdam Technical Institute from September, expanding advanced training for Guyanese seeking workplace safety leadership roles. Enrollment is now open for the redeveloped Caribbean Vocational Qualification Level 3...

More FPSOs mean long-term demand for industrial waste management

Every floating production, storage and offloading (FPSO) vessel deployed offshore does more than increase oil output. It also creates decades of work for companies that collect, transport, treat, recycle, and safely dispose of industrial waste generated throughout the life...

GranMorgu partners to test kite-powered system for FPSO tow to Suriname

The contractors building Suriname’s GranMorgu floating production, storage and offloading vessel plan to test a wind-assisted kite system during its journey from China. SBM Offshore announced on July 15 that the SBM Offshore and Technip Energies joint venture, known as...

Longtail expected to support stronger subsea tree awards in second half of 2026

ExxonMobil’s planned Longtail development offshore Guyana is among the major projects expected to support stronger global subsea tree contract activity during the second half of 2026. Westwood Global Energy Group on July 15 identified Longtail as a key future source...

TotalEnergies Suriname opens applications for 30 fully funded scholarships

TotalEnergies Exploration & Production Suriname B.V. has opened applications for 30 fully funded scholarships for Surinamese students completing secondary school in 2026. The Student Scholarship Program will support selected students pursuing bachelors degrees at Nationaal Orgaan voor Accreditatie (NOVA) accredited...

Guyana Development Bank could open doors for new energy service businesses

For Guyanese entrepreneurs, participation in the country’s oil and gas industry may not come directly from offshore operations, but from the network of businesses that support them. As production expands, local companies are finding opportunities to provide services needed...

Local construction firms invited to compete for Halliburton facility upgrade

Halliburton Guyana Incorporated is inviting local construction companies to bid for a project that will convert an existing wash bay into a climate-controlled workshop facility, creating another opportunity for Guyanese contractors to support oil and gas operations. The project, published...

SBM Offshore workshop builds financial and life skills among young women

SBM Offshore Guyana has launched a financial literacy initiative aimed at helping young women develop the practical skills needed to make informed personal, professional and financial decisions. The company hosted the first installment of the two-day workshop, titled “From the...

Brent climbs to US$86.19 as Hormuz blockade heightens supply concerns

Oil prices climbed on Tuesday as renewed United States-Iran tensions raised concerns about crude shipments through the Strait of Hormuz. Brent crude rose 3.47% to US$86.19 per barrel on July 14, its highest level since mid-June. United States West Texas...

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 for the country's first offshore oil project. The award, announced on July 13, covers drilling and completions services under a...

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The 13-kilometer link giving Hammerhead gas three potential destinations

Guyana’s Hammerhead development, the country’s seventh sanctioned offshore oil project, is expected to begin production in 2029 with capacity...