News

Brazilian state-controlled energy company Petrobras has confirmed a new pre-salt oil discovery in the Campos Basin offshore Brazil, located in the Marlim Sul field.  The discovery was made in exploratory well 3-BRSA-1397-RJS, situated 113 km off the coast of Campos...

ExxonMobil Guyana says the next phase of its US$100 million science, technology, engineering and mathematics (STEM) initiative in Guyana will place stronger emphasis on preparing teachers and helping students better understand career opportunities in science and technology fields.  In collaboration...

Chevron Corporation is seeking clearer and more competitive fiscal terms in Venezuela as it looks to expand oil production.  This push comes as Guyana, its eastern neighbor, continues to see rapid offshore development at the Stabroek Block under stable...

The floating production, storage and offloading (FPSO) vessel for ExxonMobil Guyana’s Hammerhead development has been named Essequibo 1899, anchoring one of the country’s newest offshore projects to a pivotal moment in its history. The name, selected by President Irfaan Ali,...

In her second term as President of the Georgetown Chamber of Commerce (GCCI), Kathy Smith plans to increase the number of Guyanese companies participating in the country’s thriving oil and gas industry through a focused approach.  Responding to questions posed...

President Irfaan Ali said the Guyana government has formally protested reported charges instituted by authorities in Suriname for the use of the Corentyne River, an issue affecting timber and quarry operators. The statement was made on March 26, 2026, via...

Guyana’s Liza crude is set to be included in the Platts European Sour Crude Index (ESCI) on a delivered Europe basis, a move that could boost the country’s price transparency and market visibility in one of its key export...

The Guyana Technical Training College Inc. (GTTCI) plays a pivotal role in preparing Guyanese for technical jobs in the country’s expanding oil and gas sector. According to Nicholas Deygoo-Boyer, Director of Vreed-en-Hoop Shorebase Inc., the institution has the potential...

Baker Hughes is inviting companies to submit information for a chemicals storage and warehouse facility in Guyana as it expands operations to support growing oil and gas activity in the country. The public request for information (RFI) published on LinkedIn...

Saipem says its FlatFish underwater inspection drone has completed a key testing phase under a contract with Petrobras, allowing the project to advance toward deployment in deepwater offshore Brazil. The company announced on March 19 that the autonomous system successfully...