News

TGS, PGS, and SLB commence multi-client seismic project in Malaysia’s Penyu Basin

Energy data and intelligence provider TGS, in collaboration with consortium partners PGS and SLB, has initiated a significant multi-client 3D seismic project in the Penyu Basin, offshore Peninsular Malaysia. In partnership with PETRONAS and Malaysia Petroleum Management (MPM), the custodian...

Guyana puts international community on notice as Venezuela continues to push for Essequibo region

The Guyana government has vehemently condemned the recent action taken by Venezuelan President Nicolas Maduro to sign the “Organic Law for the Defense of Guayana Esequiba” on April 3, 2024.  Announcing the signing on X, Maduro said, “Sooner rather than...

MODEC hires Oslo-based company to supply compressed air system for Guyana FPSO

Oslo-based TMC Compressors (TMC) said it has been awarded a contract to supply a large capacity marine compressed air system to MODEC’s Errea Wittu floating production, storage and offloading (FPSO) vessel.  MODEC is building the floater for an ExxonMobil-operated development...

SLB to acquire ChampionX 

SLB and ChampionX Corporation have entered a definitive agreement for SLB to purchase ChampionX in an all-stock transaction, SLB said in a release. The agreement was unanimously approved by the ChampionX board of directors. Under the terms of the agreement,...

PETRONAS extends drillship contract for additional well in Suriname’s Block 52

PETRONAS Suriname E&P B.V. has opted to extend the contract for the 7th generation drillship Noble Voyager to drill an additional well in Block 52 offshore Suriname, Noble Corporation said in a LinkedIn post.  The contract, valued at a day...

Direct flights now connect America’s oil capital to Georgetown

United Airlines inaugurated its nonstop flight from Houston to Georgetown, Guyana, operated by a Boeing 737-MAX 8, the Cheddi Jagan International Airport (CJIA) said in an April 1 release.  The new service, which runs four times a week, will give...

Ali meets with power companies as frequent blackouts plague Guyana 

The commissioning of Guyana’s Gas-to-Energy project is a year away - too for consumers as skyrocketing demand is contributing to chronic power instability. Guyana's President Irfaan Ali convened an urgent meeting with the Board of Directors and management of...

Petrobras leads scientific expedition to explore Equatorial Margin

Petrobras, in collaboration with the Geological Survey of Brazil (SGB) and 10 regional universities, commenced a scientific expedition to unlock the potential of the Equatorial Margin, hailed as the new frontier in oil and gas exploration. Petrobras said the expedition,...

Media heavyweights join Guyana energy conference top brass 

The Secretariat of the Guyana Energy Conference and Supply Chain Expo announced the appointment of Fareeza Haniff as its new Media and Operations Director and Kiana Wilburg as the new Chief Executive Officer. The organization said the two women...

Six FPSOs at peak production will utilize just 7% of Guyana’s massive carbon sink capacity annually – VP Jagdeo 

Even with six floating production, storage and offloading (FPSOs) vessels operating at peak production, Guyana’s oil operations would only utilize 7% of the 150 million tonnes of emissions sequestered by its forests annually. So said Guyana’s Vice President, Bharrat...

Latest News

Guyana has ‘clout’ at OTC 2026 as private sector delegation nears 100 businesses

Guyana is entering the Offshore Technology Conference 2026 with growing international attention, as the country’s private sector points to...