News

Stena DrillMAX to drill Greece’s first deepwater offshore well in 2027

Stena Drilling has secured a contract to drill what is set to be Greece’s first deepwater offshore well. The company said on April 15 that Energean Hellas Ltd awarded a contract for the mobile offshore drilling unit (MODU) Stena DrillMAX...

GranMorgu FPSO hull enters dry dock in China as construction advances toward offshore phase

TotalEnergies said on April 15 that the hull for the GranMorgu floating production, storage and offloading (FPSO) vessel has entered dry dock in China, a key step as Suriname’s first offshore oil development moves through construction. The company said the...

UG opens 2026/2027 applications as Guyana pushes new wave of oil, engineering talent

The University of Guyana (UG) has opened applications for its 2026/2027 academic year, with submissions running from March 30 to May 9, as demand grows for skilled workers to support the country’s expanding oil and gas sector. Prospective students are...

Pandora Energy, Western Logistics, SBM Offshore, MODEC, ExxonMobil among others to feature at UG Open Day & Job Fair April 17–18

The University of Guyana will host its Open Day & Job Fair 2026 on April 17 and 18 at the Sattaur and Ameena Gafoor Multipurpose Auditorium, Turkeyen Campus, from 10:00h to 16:00h daily. The event will be held under the...

SBM Offshore to build platforms for Petrobras’ SEAP development in Brazil

Brazil’s state oil company Petrobras has approved the final investment decision for the SEAP I project, with SBM Offshore set to construct the platforms for the Sergipe-Alagoas Basin development. The approval advances the Sergipe Águas Profundas (SEAP) project, described as...

GGI call invites local groups to “shape Guyana’s sustainable development future” – lead

The Greater Guyana Initiative (GGI), a US$100 million investment by Stabroek Block co-venturers ExxonMobil Guyana, Hess Guyana Exploration, and CNOOC Petroleum Guyana, is inviting proposals from civil society organizations as part of its ongoing capacity development program in Guyana. “Applying...

First subsea equipment for GranMorgu delivered to Suriname

PARAMARIBO, SURINAME – The first subsea equipment for the GranMorgu offshore oil development has arrived in Suriname, as the project moves toward offshore installation. Block 58 operator TotalEnergies EP Suriname confirmed on April 14 that components of the long baseline...

Chevron, Shell set to sign deals with PDVSA for Loran gas field, Orinoco oil projects in Venezuela

Chevron and Shell are expected to sign agreements with Venezuela’s oil ministry and state-owned Petróleos de Venezuela, S.A. (PDVSA) to advance development of the Loran gas field and expand oil operations in the Orinoco Belt. Reuters reported on April 13...

Grid-tied solar systems to slash household reliance on GPL-generated power – gov’t official

Grid-connected solar systems under Guyana’s Low Carbon Development Strategy (LCDS) are set to reduce household dependence on electricity generated by Guyana Power and Light Inc. (GPL), with a structured rollout now targeting thousands of homes. Speaking on the Starting Point...

Petrobras discovers hydrocarbons in Campos Basin exploration well, samples to undergo testing

Petrobras has identified hydrocarbons in the pre-salt section of Brazil’s Campos Basin, following exploratory drilling in block C-M-477 offshore Rio de Janeiro, it said in an April 13 release. According to Petrobras, the fluid samples have been collected and will...

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Ali says Berbice gas project aimed at creating “greatest multiplier effect” for Guyana economy

Guyana President Irfaan Ali said on Friday that the government is advancing plans for a large-scale gas development in...