News

Standardization debate sharpens as deepwater players weigh speed against innovation

Operators and contractors at the World Oil Deepwater Development Conference in Lisbon, Portugal, identified standardization as a key driver of faster project delivery, while warning it could constrain innovation, according to insights from Welligence. According to World Oil’s April feature,...

“There’s a job waiting for you offshore. Meet the industry’s needs,” Routledge tells 3rd batch of FacTor-trained Guyanese technicians

ExxonMobil Guyana President Alistair Routledge told the third cohort of trainee technicians graduating from the Guyana Technical Training College Inc. (GTTCI) that opportunities offshore are expanding alongside the country’s oil production.  “There’s a job waiting for you offshore. Meet the...

Staatsolie invites companies to join 2026 Blue Wave supplier program

Staatsolie is calling on Surinamese businesses to participate in the 2026 edition of its Blue Wave Supplier Development Program, aimed at preparing local firms for offshore opportunities. In a LinkedIn post on April 8, 2026, the state oil company announced...

Guyana’s crude on the move: Who gets it and why it matters

Guyana began selling offshore crude less than a decade after its first discovery. Today, the “Land of Many Waters” produces more than 900,000 barrels of oil per day (b/d) at the ExxonMobil-operated Stabroek Block. But once that oil leaves...

Hormuz disruption could create export upside for Trinidad and Tobago – Energy Chamber

The disruption in the Strait of Hormuz is affecting global energy trade flows and could create export opportunities for Trinidad and Tobago, even as domestic risks remain, according to an April 9 note from the Energy Chamber of Trinidad...

Subsea7, SLB OneSubsea sign agreement with PETRONAS Suriname for offshore project delivery

Subsea7 announced on April 7 that it has signed a strategic collaboration agreement with PETRONAS Suriname E&P B.V., alongside Subsea Integration Alliance (SIA), for offshore field development work in Suriname. The agreement establishes a long-term framework for collaboration on multiple...

At Cartagena, Guyana crude joins global feedstock for fuel production

Guyana’s light to medium sweet crude from offshore fields like Liza in the Stabroek Block is finding its way to global refineries, including the Repsol YPF Cartagena Refinery in southeastern Spain. There, crude is transformed into the gasoline, diesel,...

SPE Georgetown Chair pushes energy literacy as key ingredient in Guyana’s rapid development trajectory

Improving energy literacy in Guyana remains central to the country's development, as oil production drives rapid economic expansion. This is according to the Chair of the Society of Petroleum Engineers (SPE) Georgetown Section. Kenny Bissoon made the point in a...

ExxonMobil flags 6% output hit from Middle East disruptions in Q1

ExxonMobil expects its first-quarter 2026 results to reflect lower production following disruptions to assets in the Middle East, the company said in a supplement to its earnings considerations filing on April 8. The company reported that certain assets in Qatar...

Halliburton hiring for DEEP Program Brazil 2026

Halliburton is recruiting candidates for its Development Excellence Engineer Program (DEEP) Brazil 2026, with positions based in Macaé, Brazil. The global energy services company is targeting recent graduates in STEM disciplines. In its recruitment notice, Halliburton stated, “We’re hiring,” adding...

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Pandora Energy, Western Logistics, SBM Offshore, MODEC, ExxonMobil among others to feature at UG Open Day & Job Fair April 17–18

The University of Guyana will host its Open Day & Job Fair 2026 on April 17 and 18 at...