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Noble Valiant secured as second drillship for TotalEnergies’ 2026 Suriname campaign 

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The Noble Valiant has been added as the second drillship for TotalEnergies' offshore Suriname campaign, the company announced in its latest fleet status report. The vessel will support development drilling in Block 58, where the French major and APA...
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Noble targets more Guyanese for offshore careers with 2026 Cadet Scholarship launch

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Noble Corporation has officially launched the 2026 cycle of its Cadet Scholarship Program, expanding its efforts to train more young Guyanese for maritime careers. “This is actually the third cohort that we’re launching,” Renatha Khan, Noble’s Local Content Manager, said....
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Interest earned by Guyana oil fund in just three months could build an entire state-of-the-art hospital

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Guyana earned US$34.8 million (GY$7.3 billion) in interest from its oil fund in the second quarter of 2025, more than enough to pay for the construction of a new hospital, based on the Bank of Guyana’s latest report on...
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Guyana-Suriname Basin offers ‘advantaged barrels’ for the future, says S&P Global Executive

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The Guyana-Suriname Basin stands out as a rare asset in today’s competitive energy landscape, offering what the industry refers to as “advantaged barrels”, according to Ricardo Bedregal, Executive Director for Upstream LATAM at S&P Global Commodity Insights. Speaking on the...
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Stena Drilling hits milestone with 50 managed pressure wells and 10 rig years of operation

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Stena Drilling announced it has drilled 50 Managed Pressure Drilling (MPD) wells and logged just under 4,000 MPD well days. In a recent post on LinkedIn, Stena said the figure represents over 10 rig years of MPD operations using Surface...
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bp makes largest oil & gas discovery in 25 years

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bp announced a major oil and gas discovery at the Bumerangue prospect in deepwater offshore Brazil, its tenth discovery of 2025 and the company’s largest in 25 years. The company stated that the 1-BP-13-SPS exploration well was drilled in the...
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Guyana gasoline prices now lowest in the region

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Guyana recorded the lowest gasoline price in the Caribbean region in July, well below the global average, according to data shared by the Energy Chamber of Trinidad and Tobago last Thursday. The Chamber’s analysis, which drew on figures from globalpetrolprices.com,...
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Arbitration outcome disappointing but changes nothing with respect to Guyana operations – Exxon

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ExxonMobil Chief Executive Officer Darren Woods has expressed disappointment with the recent arbitration ruling on Chevron’s acquisition of Hess Corporation but emphasized that the decision does not alter its operations in Guyana. “While disappointed, we respect the process and the...
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ExxonMobil eyes more merger and acquisition opportunities across all sectors

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ExxonMobil is actively pursuing more mergers and acquisitions (M&A) across its business segments, with a sharp focus on value creation rather than volume. “We’re continuing to keep a really close eye on the waterfront, see where the opportunities are, do...
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Platts to launch assessment of Guyana’s Golden Arrowhead crude on Aug. 4

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Platts, the pricing benchmark unit of S&P Global Commodity Insights, will start publishing a daily assessment of Guyana’s Golden Arrowhead crude today, providing an independent valuation of the country’s newest oil grade ahead of its expected production start this...
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QatarEnergy deepens presence in Suriname with stakes across six offshore blocks

QatarEnergy has expanded its exploration footprint in Suriname’s offshore basin to six blocks, following the signing of Production Sharing...

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