News

PARAMARIBO, SURINAME – Suriname's President Jennifer Geerlings-Simons has urged young people who have left school to return to education and prepare for opportunities expected to emerge from the country’s oil and gas industry. Speaking during a local content session at...

Guyana used the 56th Regular Session of the General Assembly of the Organization of American States (OAS) to draw renewed hemispheric attention to Venezuela's claim to the Essequibo region, with Foreign Affairs and International Cooperation Minister Hugh Todd warning...

PARAMARIBO, SURINAME – TotalEnergies believes Suriname’s Block 58 still holds more oil potential beyond the 750 million barrels already underpinning the GranMorgu development, its Suriname General Manager Artur Nunes da Silva.  Nunes da Silva made the comment during a presentation...

PARAMARIBO, SURINAME – Suriname's offshore area has moved beyond the discovery phase and the Dutch speaking nation is now being judged on its ability to deliver projects efficiently and provide investment certainty. This is according to a senior Petronas...

ExxonMobil Guyana is continuing development drilling at its Uaru project offshore Guyana, with the Noble Sam Croft drillship operating at the UA_3P03 drill center in the Stabroek Block. A June 24 notice to mariners from the Maritime Administration Department (MARAD)...

Stena Carron Drilling Limited is seeking suppliers to provide safety equipment for the Stena Carron drillship, which continues offshore work in Guyana’s Stabroek Block.  The expression of interest (EOI), posted on Guyana’s Local Content Register on June 24, requires contractors...

PARAMARIBO, SURINAME – S&P Global Energy expects more than US$17 billion to be invested in Suriname's offshore oil developments over the next five years, with the majority of that capital directed toward projects in Block 58, where the country's...

PARAMARIBO, SURINAME – Suriname’s workforce is poised to be better prepared for the emerging offshore oil and gas industry in the coming years. The Surinamese government, Staatsolie, and TotalEnergies took the first step toward this goal on Wednesday. The...

Guyana’s rapid offshore production growth is unfolding against a more cautious global exploration backdrop, with Westwood Global Energy Group reporting that high-impact exploration drilling fell to its lowest annual level on record in 2025. In its State of Exploration 2026...

PARAMARIBO, SURINAME – SBM Offshore says the GranMorgu floating production, storage and offloading (FPSO) unit will be the largest FPSO it has delivered to date, as construction advances in China for Suriname’s first offshore oil development. Pierre Gaté, Country Entry...