News

Four tankers lifted cargoes from Yellowtail project in September 

ExxonMobil’s Yellowtail project is ramping up oil production, with four tankers lifting cargoes from the ONE GUYANA floating production, storage and offloading (FPSO) vessel in September. A typical cargo is approximately one million barrels. The FPSO, designed to produce up to...

Four bids in for engineering role as Guyana seeks builder for NGL facility

Four firms have submitted proposals to provide engineering services as the government moves to procure a developer for a natural gas liquids (NGL) storage and marine offloading facility, a component of Guyana’s landmark Gas-to-Energy project. According to a notice published...

Suriname President announces 2026 launch of National Local Content Program in first annual address

PARAMARIBO, SURINAME - In her first annual address to Parliament, President Jennifer Geerlings-Simons announced that Suriname will launch a National Local Content Program in 2026 to ensure that citizens and businesses are directly engaged in the country’s emerging oil...

Guyana urgently seeks maritime talent ahead of 2026 hiring boom – former Local Content Director 

Guyana’s offshore sector is bracing for a major hiring surge in 2026, but the supply of certified local maritime workers is falling short of demand. This is according to Dr. Martin Pertab, who until recently headed Guyana’s Local Content...

Young calls out about-turn by Trinidad PM on Dragon gas project

Former Trinidad and Tobago Energy Minister Stuart Young this week criticized Prime Minister Kamla Persad-Bissessar for what he called a complete “about-turn” on the Venezuelan Dragon gas project, noting she had declared the venture “dead” only months earlier. Young, now...

Guyana seeks timely resolution from ICJ on border dispute, aiming for a 2026 conclusion

Guyana’s representative at the International Court of Justice (ICJ), Carl Greenidge, has expressed confidence that the long-standing border dispute with Venezuela can be resolved without unnecessary delays, targeting a conclusion next year. “This case has been very long in getting...

President Ali says Guyana must develop skills to trade its own crude

Guyana’s President, Dr. Mohamed Irfaan Ali on Thursday pledged to build domestic capacity for marketing the South American nation’s rapidly growing oil output. He said the government will work with local businesses and foreign partners to develop the expertise...

Saipem manufactures first subsea structure of its kind in Guyana for Exxon’s Uaru project

Italian oilfield services company Saipem announced that it has completed the first complex subsea structure ever built in Guyana, describing it as a milestone for the country’s local content initiative. The Pipeline End Termination (PLET), manufactured at the Vreed-en-Hoop Shorebase,...

Exxon’s Yellowtail oil project in Guyana to hit full 250,000 bpd in a month

ExxonMobil’s Yellowtail oil project offshore Guyana will ramp up to its full production capacity of 250,000 barrels of oil per day (b/d) in a month.  The company’s Guyana Production Manager Huzefa Ali made the announcement on Thursday during an Energy...

Warrau Booklet launch empowers Guyanese schools and preserves Indigenous language

The Guyana Marine Conservation Society (GMCS), in partnership with SBM Offshore Guyana, has launched a booklet featuring the culture and stories of the Warrau Indigenous people of Guyana.   The launch, held on September 29 at the National Center for...

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Saipem’s Guyana workforce now 80% local, says Country Manager

Saipem Guyana’s operations are powered largely by Guyanese talent, according to Country Manager Gianluigi Della Rosa. In a LinkedIn...