News

Guyana to survey offshore block licensed to TotalEnergies

The Guyana government and Viridien/CGG Services will commence geotechnical and seismic survey operations within offshore Block S4, which was licensed last year to a TotalEnergies-led group. Guyana’s Maritime Administration Department (MARAD) announced the survey in notices.  The notices, dated May...

Petrobras to invest US$2.14B in São Paulo by 2030 in refining, E&P, and energy transition

Petrobras will invest US$2.14 billion (about R$37 billion) in the Brazilian state of São Paulo through 2030 across refining, exploration, logistics, and low-carbon energy projects, the company announced on May 18 during a visit by Brazilian President Luiz Inácio...

SBM Offshore extends application deadline for Guyanese trainee technicians to May 31

SBM Offshore has extended the application deadline for its Trainee Technician Program in Guyana to May 31, giving prospective candidates additional time to apply for offshore technical training opportunities tied to the country’s growing oil and gas sector. SBM Offshore...

WiMAC Guyana honors women advancing maritime sector at 2026 awards gala

The Women in Maritime Association Caribbean (WiMAC) Guyana Chapter recognized women across Guyana’s maritime sector during its 2026 Gala & Awards Ceremony in Georgetown on May 18.  Held under the theme “From Policy to Participation: Women Driving Maritime Excellence,” the...

Why Guyana’s oil and gas data repository matters for offshore exploration

Guyana’s consideration of a national oil and gas data repository could improve how seismic and drilling information is managed as offshore exploration expands beyond the Stabroek Block. The Guyana government first signaled plans for a petroleum data repository in 2023,...

Liza crude to join revised Platts European crude index from July

Guyana’s Liza crude will gain a formal pricing role in Europe from July 1 as Platts reshapes its European Sour Crude Index (ESCI) to better capture evolving Atlantic Basin trade flows and rising imports from Latin America, according to...

Hormuz closure has removed 1.2B barrels from market so far — S&P Global Vice Chairman

The closure of the Strait of Hormuz has already removed an estimated 1.2 billion barrels of oil from global markets, according to Daniel Yergin, Vice Chairman of S&P Global. Yergin made the comments during an interview on CNBC’s Squawk Box...

Trinidad to negotiate Venezuela gas terms as focus grows on easing supply constraints

Trinidad and Tobago will negotiate the commercial terms for cross-border natural gas projects with Venezuela in what officials say must serve the country’s national interest, as policymakers seek to ease tightening domestic gas supply, according to a May 18...

Guyana’s safety culture is improving, but the work must continue

Dear Editor, Guyana’s safety culture is gradually shifting for the better, and I don’t say that lightly. It is no secret that when it comes to safety, especially in the workplace, it was almost nonexistent in Guyana. From my point...

Major operators still see geological potential in Trinidad and Tobago’s deepwater acreage – Energy Chamber

The Energy Chamber of Trinidad and Tobago, in a May 18 report, said major oil operators continue to view Trinidad and Tobago’s deepwater acreage as geologically prospective, with renewed seismic activity and regional comparisons reinforcing interest in underexplored offshore...

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Ali says Guyana moving to Gas-to-Energy phase two as economy to consume all phase one power

Guyana expects all electricity generated from the first phase of its flagship Gas-to-Energy (GtE) project to be consumed domestically...