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Chevron CEO hails Hess deal as 2025’s biggest U.S. merger, bets on lasting oil demand

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Mike Wirth, Chief Executive Officer of Chevron, defended the company’s oil-first strategy in a recent interview with the New York Times, even as the International Energy Agency (IEA) projects that global demand could peak before 2030. Wirth, who has led...
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Over 1,300 Guyanese firms are now registered under the country’s Local Content Act

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More than 1,300 Guyanese companies have been approved and registered under the Local Content Act, according to Director of the Local Content Secretariat, Dr. Martin Pertab. In an interview with OilNOW, Dr. Pertab disclosed that the Secretariat has registered 1,315...
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Guyana’s local content spend hits US$350M in six months 

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Guyana’s local business community continues to secure strong gains from the country’s oil and gas industry, with spending on Guyanese firms exceeding US$350 million in the first half of 2025. Dr. Martin Pertab, Director of the Local Content Secretariat, confirmed...
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Noble, EDO and MATPAL gear up for recruitment drive in Guyana’s Essequibo region

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The Noble Recruitment Drive is set to arrive in Parika in the Essequibo Islands-West Demerara region of Guyana on Sunday, bringing opportunities for locals seeking careers in the offshore industry. The event will be hosted at the Market Tarmac near the...
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World Bank backs Suriname’s transition as oil era approaches

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PARAMARIBO, SURINAME -  Suriname’s President Jennifer Geerlings-Simons met with a World Bank delegation this week to discuss support for the country’s economic transition as it prepares for offshore oil production.  The talks, held at the Presidential Palace in Paramaribo on...
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Chinese oil giant leads interest in Trinidad deepwater blocks 

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The Energy Chamber of Trinidad and Tobago reported that the country’s 2025 Deepwater Bid Round closed on September 17, with Chinese state-owned oil company CNOOC International (China National Offshore Oil Corporation) submitting bids for three of four blocks that...
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Guyana’s first major oil & gas training college to welcome full cohort next month

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The long-awaited Guyana Technical Training College Inc. (GTTCI) is set to welcome its first cohort of students to be fully trained locally beginning in October 2025, ExxonMobil Guyana announced on Wednesday.  The move marks a milestone in the country’s local...
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Guyana to fast-track second gas power plant as energy demand rises

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Guyana’s government plans to accelerate construction of a second gas-fired power plant, President Irfaan Ali said this week, as the South American country races to meet rising electricity demand driven by new industrial and technological projects. “When you look at...
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Guyana seeks legal and project management experts to steer Gas-to-Energy project

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The Government of Guyana is looking to hire a legal counsel and project manager to strengthen oversight of its flagship Gas-to-Energy project, according to a notice published this week by the Office of the Prime Minister. The vacancies, advertised by...
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Suriname’s National Debt Chief resigns amid enhanced financial scrutiny of NDP government 

Işıl Güneş -
PARAMARIBO, SURINAME - Malty Dwarkasing has resigned as Suriname’s Administrator-General of the National Debt Office. Dwarkasing submitted her resignation to the country’s Minister of Finance Adelien Wijnerman on September 12.  The National Debt Office, a key arm of the Ministry...
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French firm gets five-year tech support contract from ExxonMobil Guyana

French geophysical technology company Sercel announced on Tuesday that it has been awarded a five-year contract for technical support...

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