News

Petrobras acquires 13 new exploration blocks in ANP’s 5th concession round

Petrobras has secured ten blocks in the Foz do Amazonas Basin and three in the Pelotas Basin during Brazil’s 5th Cycle of the Permanent Concession Offer by the National Agency of Petroleum, Natural Gas and Biofuels (ANP). In the Foz...

Exxon gives back portion of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the government, fulfilling a contractual obligation to return a portion of the licensed area at a key juncture, the Ministry of...

‘Entirely misleading’ – ExxonMobil rejects media comparisons of IFRS profits and oil profit share

ExxonMobil Guyana’s Vice President and Chief Financial Officer, John A. Colling, has rejected recent claims in the local media that the Stabroek Block Contractor Group manipulates accounting standards to inflate its financial results. In a letter published in the Stabroek...

Noble launches pre-qualification for offshore scaffolding services in Guyana

Noble Finance Company, an affiliate of Noble Corporation, has issued a Request for Information (RFI) to pre-qualify companies capable of delivering scaffolding services offshore Guyana. The company is seeking detailed responses from vendors to support its operations in the Stabroek...

Technology and talent driving Blue Water Shipping’s success in Guyana

Companies that have managed to balance training, competency enhancement, and investment are among the “most successful” in Guyana’s booming energy sector. And those very values are key to Blue Water Shipping, according to its Senior Vice President of Sales...

Could CGX’s loss be another company’s reward? The Wei-1 scenario

When CGX Energy Inc. announced a discovery at the Kawa-1 well in February 2022, expectations soared. For the first time in 20 years, CGX had finally delivered a historic find, potentially placing Guyana on track for a second major...

TT Energy Chamber flags long-term decline despite short-term gains in oil production

The Energy Chamber of Trinidad and Tobago is urging serious reform in the country's energy sector following the release of first-quarter 2025 production data by the Ministry of Energy and Energy Industries. In a press statement on Monday, the Chamber...

Halliburton hosts groundbreaking student hackathon at SEOGS 2025

Halliburton concluded its first-ever Student Hackathon at the Suriname Energy, Oil & Gas Summit (SEOGS) 2025, highlighting emerging talent and digital innovation in the oil and gas sector. The event brought together university students from across Suriname to address...

GranMorgu development to also tap Baja discovery – TotalEnergies

TotalEnergies announced on Friday that it will leverage its GranMorgu development to also tap the Baja discovery in Suriname's Block 53. The company recently signed an agreement to acquire the 25% interest in the block, formerly held by CEPSA....

Guyana journalists explore the geopolitics of energy, climate change in pivotal three-day workshop

A three-day workshop on the Geopolitics of Energy and Climate Change in Latin America concluded on Sunday at Cara Lodge in Georgetown, drawing participation from local journalists and communications students from the University of Guyana. The event, which took place...

Latest News

Jennifer Geerlings-Simons makes history as Suriname’s first female President amid offshore oil plans 

PARAMARIBO-SURINAME: Suriname’s National Assembly convened on Sunday to elect the country’s next president in an important parliamentary session. In...