Touchstone Exploration Inc. said it expects to tie in its Carapal Ridge-3 well for production in late March 2026 and begin drilling on its legacy oil blocks during the same month.
The company outlined the plans as part of its...
President of the Caribbean Development Bank (CDB) Daniel Best said Guyana’s energy market is “credible, investable, and strategically important” as the regional lender positions itself to help finance the country’s low-carbon transition.
Best delivered remarks on February 17 during the...
Long before Guyana became a 900,000 barrel per day producer, there was only a single well drilled in deep water offshore.
In May 2015, ExxonMobil announced the Liza discovery in the Stabroek Block. The Liza-1 well, often referred to as...
Capturing top honors at this year’s Guyana-Monaco Mousetrap Car Grand Prix Competition were returning champions Abram Zuil Secondary and St. Rose’s High, along with Marian Academy, capturing the third spot this year.
In its fourth year, the competition saw...
The Kaieteur and Canje Blocks are among Guyana’s offshore assets outside the prolific Stabroek Block.
At the Kaieteur Block, ExxonMobil was the operator and holding 35% interest, with Ratio Petroleum Energy Limited 25%, Cataleya Energy Limited 20% and Hess Corporation...
Charles Ramson Jr., Guyana’s Minister of Culture, Youth and Sport, has praised ExxonMobil’s recently announced US$100 million investment in science and technology education, calling it a catalyst for the future of Guyanese youth.
He was at the time delivering remarks...
PARAMARIBO, SURINAME – With 2028 first oil in focus, Suriname’s Local Content Board (LCB) has set its sights on strengthening coordination and tackling regulatory bottlenecks affecting project execution.
Earlier this week, the board met with industry and government stakeholders, including...
Dutch floater specialist, SBM Offshore, expects sustained demand for large and complex floating production vessels, identifying at least 16 floating production, storage and offloading (FPSO) vessel prospects over the next three years.
The outlook was shared during the company’s 2025...
Sixteen Secondary Schools, including four from Guyana’s hinterland regions, gathered with a buzz of excitement today, February 26, at the Cliff Anderson Sports Hall for the fourth annual Guyana-Monaco Mousetrap Car Grand Prix hosted by SBM Offshore Guyana.
The competition,...
SBM Offshore reported Directional revenue of US$5.1 billion for the full year 2025, with Directional earnings before taxes, interest, depreciation and amortization (EBITDA) of US$1.7 billion. This comes as the company expanded its fleet and advanced major projects in...
