News

UK donates drone to GMCS, empowering indigenous youth to protect mangroves in Barima Mora Passage

To bolster conservation efforts in the Barima Mora Passage, the United Kingdom has donated a state-of-the-art drone to the Guyana Marine Conservation Society (GMCS). The drone, presented by British High Commissioner Jane Miller, aims to enhance mangrove monitoring and...

Can’t meet energy needs of today if “we just turn the lights off” – Exxon Guyana President

‘Oil production needs to stop if the world has any chance of fighting climate change.’ This is the position of environmentalists as the world pushes the pathway to net zero. But industry analysts say that oil will continue to...

MODEC, SBM Offshore competing for Suriname FPSO award

MODEC and SBM Offshore are competing for an engineering, procurement and construction (EPC) award from TotalEnergies for Suriname’s first floating production, storage and offloading (FPSO) vessel, Upstream said in a March 25 report.  The publication said the companies have stepped...

Stena Drilling announces 20K upgrade for Evolution drillship

Stena Drilling has revealed a significant equipment upgrade for their cutting-edge 7th-generation drillship, the Stena Evolution. This enhancement enables the vessel to handle pressure control up to 20,000 psi (20K), unlocking access to previously inaccessible reservoirs for clients worldwide. The...

Ali in fiery exchange with BBC journalist about Guyana’s oil

Guyana’s President, Dr. Mohamed Irfaan Ali, sat down for an interview with BBC journalist, Stephen Sakur, on the sidelines of the Guyana Energy Conference and Supply Chain Expo in February. The discussion about Guyana’s oil got heated quickly as...

SLB, Aker Carbon Capture to join forces to pursue decarbonization

SLB announced its intention to merge its carbon capture division with Aker Carbon Capture (ACC) to bolster industrial decarbonization efforts on a large scale. This strategic move is expected to leverage ACC's existing commercial carbon capture solutions and SLB's advancements...

Dominican Republic can help Guyana bridge gaps, place progress on par with developed world- Pres. Ali

Guyana's President, Dr. Irfaan Ali deemed the Dominican Republic a pivotal ally that can help his country bridge many of its learning gaps and achieve progress that is on par with the developed world.  During a panel discussion at the...

VIDEO: Stena Carron returning to operations in Guyana

The Stena Carron rig is returning to operations in Guyana after undergoing its Special Periodic Survey (SPS) in Las Palmas, Spain, Stena said in a LinkedIn post.  The SPS is a detailed inspection and maintenance procedure essential for ensuring the...

Lindsayca working with Guyana, DR consortium to advance MoUs on refinery, petrochemical plant, oil block exploration 

Chairman of Lindsayca, Hector Fuentes, confirmed on Tuesday that his company will be working alongside a consortium of private sector stakeholders to advance key oil sector opportunities between Guyana and the Dominican Republic. The United Caribbean Energy consortium involves...

Clinton Foundation stands ready to help Guyana, Dominican Republic push united Caribbean agenda

The Clinton Foundation stands ready to help Guyana and the Dominican Republic push their joint agenda for a united Caribbean as well as any other matter of importance. Former U.S. President William Jefferson Clinton made this pledge during his...

Latest News

What happens to the parts of Guyana’s offshore blocks that contractors give back?

When ExxonMobil drilled the Liza-1 well in 2015, it confirmed the first major offshore oil discovery in Guyana —...