News

U.S. crude oil production rose 2% in 2024, reaching an annual average of 13.2 million barrels per day (b/d), according to the U.S. Energy Information Administration (EIA), setting a new high even as export growth slowed. The increase of...

Dozens of new upstream oil and gas projects could be delayed if Trump-era tariffs are reintroduced, according to energy consultants Wood Mackenzie (WoodMac). The firm’s global project tracker shows 28 developments targeting Final Investment Decisions (FIDs) in 2025, and...

Dear Editor, It is with immense pride—and a touch of disbelief—that I write this letter as a reminder to myself and to other women that anything is possible. Just a few days ago, I came across an article that stated 75%...

Atlas Professionals has secured a Crew Management contract from Noble Corporation for an offshore drilling campaign in Suriname, the company said on April 17.  The contract supports operations for the Noble Developer and extends a 15-year working relationship between the...

A voyage of over 11,000 nautical miles (20,000 kilometers) concluded for the ONE GUYANA floating, production, storage and offloading (FPSO) vessel.  The vessel departed Singapore 60 days ago, arriving in Guyana on schedule.  First Lady of Guyana, Arya Ali was...

The world’s largest electric vehicle (EV) manufacturer, BYD, has officially entered the Guyanese market through GT Automotive, a move that could catalyze quicker EV uptake. GT Automotive is Guyana’s exclusive dealer for BYD, offering five of the Chinese automaker’s most...

DOF Subsea reported a record performance in 2024, driven by strong market activity across all regions. The Group said it achieved 88% fleet utilisation, supported by a robust backlog at the start of the year and strong operational execution. According...

The Government of Guyana has addressed a recent call from China’s Embassy in Georgetown for Guyana and Venezuela to resolve their decades-old border controversy in a friendly manner. “The Ministry of Foreign Affairs and International Cooperation rejects the statements made...

ExxonMobil Guyana Limited will continue its Ocean Bottom Node Seismic Surveying operations in Guyana’s Exclusive Economic Zone until December 31, 2025. The activities are being conducted at the Stabroek Block where the company is the operator. According to a...

The government of Trinidad and Tobago has opened applications for ten scholarships aimed at bolstering the country’s petroleum and natural gas sectors through the development of skilled human resources. The scholarships, offered under production sharing agreements with oil companies, are...