News

Longtail: Guyana’s entry into gas development 

The proposed Longtail project is set to become the first development in the Stabroek Block dedicated to gas and condensate production offshore Guyana, a shift from earlier projects that have focused primarily on oil. Unlike existing developments, Longtail is designed...

FPSO fundamentals: Insights from SBM Offshore

SBM Offshore, on January 21, pulled back the curtain on one of the most critical assets in offshore energy production: the floating production, storage and offloading vessel, better known as the FPSO. So, what exactly is an FPSO, and why...

Early engineering decisions enabled local firms to join Uaru FPSO build – MODEC

MODEC’s approach to engineering and project planning for the Uaru floating production, storage and offloading (FPSO) vessel has created space for local fabrication work to be integrated into the project without affecting delivery timelines.  This is according to MODEC’s Uaru...

33% of Guyanese in oil and gas sector hold professional roles; 18% in technical jobs – Local Content Secretariat 

Approximately 33% of Guyanese employed in the country’s oil and gas sector hold professional-level positions, while about 18% work in technical or associate professional roles, according to data from the Local Content Secretariat. The figures were disclosed to OilNOW by...

TotalEnergies-led group completed US$15M payment to Guyana in December for Block S4

A consortium led by TotalEnergies completed payment of a US$15 million signing bonus to Guyana in December for offshore exploration rights to Block S4, according to a report published in the December 30 Official Gazette. The group, which includes QatarEnergy...

Stena Carron posts record drilling performance offshore Guyana

Stena Drilling’s drillship, Stena Carron, has achieved record-breaking operational results offshore Guyana in 2025, according to the company in a January 22 LinkedIn post.  Stena reported that, in Guyana, the vessel completed a 17-well top-hole campaign, with seven wells drilled...

Guyanese nationals now make up more than 65% of crew on long-serving drillships

More than 65% of the crew aboard drillships Stena Carron and Stena DrillMAX are now Guyanese nationals, reflecting years of workforce development, according to Stena Drilling, as reported in the latest edition of the Energy Magazine. The company said approximately...

Budget 2026: What Guyana’s oil and gas sector will reveal, and why it matters

On January 26, the Government of Guyana will present its 2026 Budget at a time when the country’s oil production has reached record levels across several offshore projects, and citizens watch to see how these oil revenues will improve...

Exxon to continue developmental drilling operations at Liza well site

ExxonMobil Guyana Limited (EMGL) will continue developmental drilling operations at the Liz_3P13 Drill Center, part of the Liza Phase 2 Project in the Stabroek Block, according to a Notice to Mariners issued by the Maritime Administration Department (MARAD) this...

New Local Capacity Development Register to transform training opportunities, employment for Guyanese in oil and gas sector 

Guyana’s oil and gas sector is set to benefit from a new Local Capacity Development Register, a planned database designed to align training, skills development, and employment opportunities for Guyanese as industry activity continues to expand. The initiative was outlined...

Latest News

Smith pushing for more Guyanese firms to benefit from O&G as second term as Chamber President begins  

In her second term as President of the Georgetown Chamber of Commerce (GCCI), Kathy Smith plans to increase the...