News

OPITO takes lifting frameworks to new heights in the Caribbean

OPITO sets a new benchmark for lifting standards in the region, with dedicated training centers in Guyana, Suriname, and Trinidad and Tobago. OPITO, the global, not-for-profit skills authority, has brought its international lifting standards to South America, allowing operators in...

Americas oil outlook revised down, but Guyana’s offshore boom remains a bright spot 

Production across the Americas is forecast to reach 63 million barrels of oil equivalent per day (mmboe/d) by 2031, a 7% increase from 2024, according to Westwood Global Energy Group’s June Wells & Production Outlook – Americas.  However, the consultancy...

Noble seeks suppliers for offshore catering and food supply in Guyana

Noble Corporation has issued two requests for information (RFIs) inviting qualified vendors to provide offshore catering and food supply services for its drilling operations in Guyana. According to Noble, the RFIs aim to identify suppliers with the capacity, experience, and...

ExxonMobil Guyana seeks suppliers for multi-purpose support vessels

ExxonMobil Guyana Limited (EMGL) has issued a Request for Information (RFI) to identify suppliers capable of providing and operating Multi-Purpose Support Vessels (MPSVs) for offshore operations.  The company said the enabling agreement would be non-committal and is expected to run...

Saipem completes Yellowtail offshore scope for ExxonMobil Guyana

Saipem has announced the completion of its contracted scope of work for ExxonMobil Guyana’s Yellowtail field in the Stabroek Block, located in water depths of about 1,800 metres. The contract, awarded in 2022, covered the Engineering, Procurement, Construction, and Installation...

TT will lead ‘next chapter’ in energy age — PM Persad-Bissessar

Prime Minister Kamla Persad-Bissessar has pledged that Trinidad and Tobago will take a proactive role in shaping the future of its energy sector, stating, “Trinidad and Tobago will not wait for the end of any energy age. We will...

A Keystone Review: Beyond the Ballot Box, Guyana’s next era

By Keystone Consulting Group As Guyana approaches its crucial 2025 General and Regional Elections, the natural and critical question of ‘who will govern next’ rises to the forefront of our thoughts. It is the subject of much analysis and debate,...

Guyanese Engineers reflect on their role in ONE GUYANA vessel startup

The ONE GUYANA floating production, storage and offloading (FPSO) vessel now stands as a symbol of both engineering excellence and national progress; at its heart are Guyanese engineers who helped bring the massive vessel to life. Reedel James, Subsea Systems...

Touchstone reports Q2 loss despite Central Block acquisition boost

Touchstone Exploration reported that it completed the acquisition of Shell Trinidad Central Block Limited in the second quarter of 2025, adding “approximately 1,910 barrels of oil equivalent per day (boe/d) of liquids-rich natural gas production” and providing access to...

Ali projects GY$870 billion housing investment for Guyana, 30,000 new homes over next five years

Guyana's President, Dr. Mohamed Irfaan Ali, has outlined plans for a GYD870 billion expansion in the country's housing sector over the next five years, committing to the construction of at least 30,000 homes and the development of 20,000 acres...

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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...