British multinational bp has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco (Atlantic) Oil & Gas, as it looks to grow its upstream portfolio.
The agreement covers Petroleum Exploration Licenses 97, 99 and...
Guyana’s Gas-to-Energy project, one of the country’s largest infrastructure undertakings, is being financed through a mix of private investment, government spending, and external borrowing, with costs spread across offshore and onshore components.
The project, estimated at about US$2 billion, is...
Guyana’s crude is reaching deeper into Asia, with India emerging as a growing destination for cargoes as exports expand eastward. Shipments are being integrated into the country’s large, complex refining system, showing rising demand for Guyana’s crude grades.
According to...
Staatsolie Maatschappij Suriname N.V. and Suriname’s Tax Department have launched a three-year capacity-building program to strengthen tax and customs expertise in the oil and gas sector. The cooperation document was signed in Paramaribo on April 10, 2026.
The initiative will...
Halliburton has launched its Development Excellence Engineer Program (DEEP) in Suriname, marking the first time the initiative is being offered in the country.
The company said it is “looking for the right people-people who want to innovate, achieve, grow and...
Guyana is defined by its water and forests, with nearly 14% of its land covered by rivers and wetlands and over 80% by dense rainforest. As it emerges as a major oil producer, ensuring that progress does not come...
Could Jethro become Guyana’s next standalone oil development? The Orinduik Block discovery has been viewed that way since August 2019, when Tullow Oil said the find could hold more than 100 million barrels of recoverable oil and support a...
The Energy Chamber of Trinidad and Tobago said on April 10 that Shell is advancing plans to increase natural gas output from the Loran-Manatee field some 300 million cubic feet per day (mcf/d) above what was initially planned, with...
A 49.4-megawatt (MW) solar farm at the Aurora Gold Mine (AGM) is expected to cut approximately 46,000 tonnes of carbon dioxide emissions annually, reducing reliance on diesel at the company’s mining project.
AGM is owned by China’s Zijing Mining Group.
Prime...
CGX Energy’s Wei-1 well offshore Guyana was identified in 2023 as a key test of whether oil discoveries outside the Stabroek Block could support a second standalone development.
The well was drilled in the Corentyne Block following the Kawa-1 discovery...
