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TotalEnergies pushes local content drive with key findings from Suriname Industrial Baseline Study 

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TotalEnergies has completed an Industrial Baseline Study (IBS) in Suriname to assess the country’s local supply chain capabilities. The company’s Local Content Program, currently in development, is built on the insights of this study. “This study gives us the opportunity...
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Namibia needs a strong oil governance framework, IMF says in country review 

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The International Monetary Fund (IMF) has called on Namibia to adopt a clear and comprehensive framework to manage its emerging oil and gas sector, warning that without robust governance structures, the southern African nation could miss the opportunity to...
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Electricity generation from natural gas can save Guyana one million US dollars per day

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Guyana currently uses Bunker C fuel to generate electricity nationwide. While this fuel has been primarily used for that purpose, the associated natural gas, which is intended for electricity generation, will reduce costs and enable the country to save...
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OMNI Helicopters adds four to offshore search and rescue team in Guyana

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OMNI Helicopters Guyana Inc. (OHGI) has expanded its offshore search and rescue (SAR) crew with the graduation of four new locally trained professionals, the company said on LinkedIn last week. The new additions completed a three-month training program and will...
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TotalEnergies’ GranMorgu director highlights innovation, efficiency gains in Suriname project

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PARAMARIBO, SURINAME: Frédéric Beys, GranMorgu Project Director at TotalEnergies, highlighted the company’s forward-thinking strategy and sustainability-driven innovations during remarks at the 2025 Suriname Energy, Oil & Gas Summit (SEOGS). “We will spend, altogether, 30 million man hours on this project,”...
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Saipem targets local content growth in logistics, fabrication for Suriname oil project

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PARAMARIBO, SURINAME – Saipem is setting the stage for major local content contributions in Suriname through its work on the second phase of the offshore GranMorgu project, according to Gianluigi Della Rossa, the company’s Country Manager for Guyana and...
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Oil could hit US$100 a barrel if Iran targets Strait of Hormuz – WoodMac

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Oil prices could spike to as high as US$100 a barrel if Iran escalates regional tensions by targeting shipping in the Strait of Hormuz, analysts at consultancy Wood Mackenzie said. They view such a move as unlikely. However, the...
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GranMorgu FPSO: A closer look at the vessel powering Suriname’s first offshore oil project

OilNOW -
PARAMARIBO, SURINAME – SBM Offshore and Technip Energies are building Suriname’s first floating production, storage and offloading (FPSO) unit for the upcoming GrandMorgu field. The vessel, scheduled to arrive in-country by mid-2028, will be critical to the project’s success,...
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Afreximbank COO pitches partnership for Suriname’s SMEs

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PARAMARIBO, SURINAME – The African Export-Import Bank (Afreximbank) wants to be a long-term financial partner for small and medium-sized enterprises (SMEs) in Suriname, especially as the country enters a new phase of development driven by its oil and gas...
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Staatsolie Director warns against overregulating local content ahead of GranMorgu development

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PARAMARIBO, SURINAME - As Suriname prepares for the GranMorgu oil development, Vandana Gangaram Panday, Director at Staatsolie Hydrocarbon Institute, cautioned against overregulating local content. Speaking on day four at the Suriname Energy, Oil and Gas Summit, Panday acknowledged the ongoing...
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Technip Energies highlights collaborative role in GranMorgu FPSO project

PARAMARIBO, SURINAME  - In an exclusive interview with OilNOW during the Suriname Energy, Oil & Gas Summit (SEOGS) 2025,...

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