News

Operational efficiency and emissions control in deepwater production: What you should know

Guyana’s offshore oil production depends on floating production, storage and offloading (FPSO) vessels. These vessels are designed to handle large volumes of oil and associated gas while operating efficiently and keeping emissions as low as possible. Production in the Stabroek...

Guyana to remain global benchmark for safe, sustainable, responsible energy development – EPA 

Guyana is firmly positioned to maintain its standing as a global model for responsible, safe, and sustainable energy development. This is according to Head of the Environmental Protection Agency’s (EPA) Oil and Gas Department, Sheirdath Ramsammy. Speaking on the agency’s...

ONE GUYANA FPSO spurs trade: agricultural machinery up US$124.2M and building materials US$59.2M

The start-up of the ONE GUYANA floating production, storage and offloading (FPSO) vessel in 2025, played a decisive role in driving trade growth, with sharp increases in imports of agricultural machinery and construction materials, according to Finance Minister Dr....

Halliburton seeks suppliers for new Baroid laboratory in Guyana

Halliburton Guyana Inc. has issued an Expression of Interest (EOI) for the procurement, construction, and commissioning of a new Baroid laboratory, as the company continues to expand its onshore footprint in the country. The EOI, published recently, invites vendors to...

Guyana’s clean energy push gets $10.7B allocation in 2026 budget

Guyana has allocated GY$10.7 billion in its 2026 budget to advance its flagship Gas-to-Energy project. This, along with efforts to further the country's gas-based power development and to resuscitate the Amaila Falls Hydropower Project, is part of the country's...

Guyanese businesses cash in millions from offshore catering, construction and engineering through Local Content – Finance Minister 

Guyana’s Local Content Act (LCA) continues to create opportunities for domestic businesses, with millions earned by Guyanese firms in offshore catering, construction, and engineering in 2025. This is according to Finance Minister, Dr. Ashni Singh.  To date, over 1,200 Guyanese...

Gov’t reaffirms commitment to turning oil wealth into long-term gains for Guyanese

The Government of Guyana says it remains firmly committed to managing the country’s oil and gas wealth in a way that secures robust economic benefits for future generations. Presenting Budget 2026 to the National Assembly on January 26, Senior Minister...

ExxonMobil flags ICJ ruling as key trigger for work in Guyana’s force majeure acreage

ExxonMobil said a ruling from the International Court of Justice (ICJ) will be a critical trigger for advancing exploration in portions of Guyana’s Stabroek Block that remain under force majeure due to the Guyana–Venezuela border controversy. The comments were made...

Chevron says it can boost Venezuela production up to 50% in 24 months

Chevron Corp. sees the potential to increase its Venezuelan oil production by as much as 50% over the next 18-24 months, its Chief Executive Officer Mike Wirth said during the company’s earnings conference call today.  The U.S. government has been...

TotalEnergies launches TWICE women’s network in Suriname

TotalEnergies EP Suriname B.V. has launched the Suriname edition of its TotalEnergies Women’s Initiative for Communication & Exchange (TWICE). The initiative is aimed at advancing women’s careers, promoting gender awareness, and creating opportunities for learning, connection, and leadership.  Artur Nunes...

Latest News

Smith pushing for more Guyanese firms to benefit from O&G as second term as Chamber President begins  

In her second term as President of the Georgetown Chamber of Commerce (GCCI), Kathy Smith plans to increase the...