News

Guyana’s Technical Training College Inc. explained 

Guyana established the Guyana Technical Training College Inc. (GTTCI) to prepare Guyanese technicians for jobs in the country’s growing oil and gas industry. The training institution delivers specialized technical education aligned with offshore petroleum operations and supports the country’s...

Deepwater to remain a core growth engine as Brazil and Guyana underpin production growth 

Deepwater oil and gas development will remain a major driver of global supply, with Brazil and Guyana expected to underpin production growth, according to discussions at a recent Deepwater Development Conference in Lisbon, Portugal.  The conference, organized by World Oil...

CNOOC-backed China scholarship now includes Energy Economics for 2026 

The Ministry of Natural Resources and CNOOC Petroleum Guyana Limited have opened applications for fully funded scholarships in China for 2026, adding Energy Economics to the list of programs available to Guyanese students. The scholarship opportunity, according to a public...

Seismic surveys underway in Guyana’s EEZ

Several seismic surveys are underway or planned offshore Guyana, as companies and the government gather new subsurface data to guide exploration in the country’s Exclusive Economic Zone (EEZ).  These programs target both shallow-water and ultra-deepwater acreage and are designed to...

Venezuela has no authority over seismic work in Guyana’s waters – gov’t

Guyana has rejected Venezuela’s objection to a planned three-dimensional multi-client seismic exploration program within its Exclusive Economic Zone (EEZ), stating that the activity falls fully within its sovereign rights. The Ministry of Foreign Affairs and International Cooperation issued its response...

TotalEnergies starts up Lapa South-West project, adds 25,000 b/d in Brazil

French supermajor TotalEnergies has started production at its Lapa South-West development in the Santos Basin, 300 kilometers offshore Brazil. The company announced on March 11 that the project adds  25,000 barrels per day to output from the Lapa field. TotalEnergies...

IPED launches invoice financing product to support oil and gas suppliers in Guyana

The Institute of Private Enterprise Development (IPED) has launched a new invoice financing loan product aimed at providing short-term working capital to businesses operating in Guyana’s oil and gas sector and other productive industries. The facility is designed to support...

ExxonMobil to conclude operational drilling at Yellowtail Drill Center by March 31

ExxonMobil Guyana Limited (EMGL) will continue development drilling at the Yellowtail Project’s YT_2P01 drill center in the Stabroek Block offshore Guyana, according to a notice released March 7 by the Maritime Administration Department (MARAD). The operations are taking place in...

Eco Atlantic to acquire JHI in US$52M deal, gaining stake in Falklands basin and Guyana’s Canje Block

Eco (Atlantic) Oil & Gas Ltd. announced on March 11, 2026 that it has signed a binding agreement to acquire the remaining shares of JHI Associates, Inc., a move that deepens the company’s exposure to offshore Guyana while adding...

Noble rig secures $375,000 dayrate contract to drill wells offshore Trinidad and Tobago

Global offshore rig activity remained steady at the start of 2026, with several new drilling contracts awarded, including a major fixture offshore Trinidad and Tobago. In a March 11 LinkedIn update, Westwood Global Energy Group said the offshore rig market...

Latest News

Letter to the Editor: Seeing change in simple ways

Dear Editor, Some time ago, I wrote about how surprised I was to see real benefits from Guyana’s growing oil...