News

HOUSTON, TEXAS — ExxonMobil Guyana is evaluating discoveries in offshore waters approaching 3,000 meters deep as the company moves beyond the large oil projects that drove the first phase of development in the Stabroek Block. ExxonMobil Guyana Development Manager Kyle...

Guyana warned on Monday that any refusal by Venezuela to comply with an eventual ruling by the International Court of Justice (ICJ) in the decades-old border controversy between the two countries would breach international law, after oral hearings concluded...

HOUSTON, TEXAS — CNOOC’s Vice President, International Developments, Keith Henderson said on May 5 that Guyana’s offshore oil developments now rank among the company’s top-performing assets globally because of the scale of discoveries and the speed at which projects...

HOUSTON, TEXAS — ExxonMobil Guyana President Alistair Routledge said Guyana avoided some of the local content problems experienced in other oil-producing countries because operators, government and the private sector worked together. Routledge made the remarks during a panel discussion at...

Trinidad and Tobago said on Sunday it had contained a small offshore oil spill after neighboring Venezuela accused the Caribbean nation of causing serious environmental damage in shared waters in the Gulf of Paria. “Visual observations confirmed that the dispersant...

Five bidders, including several major international infrastructure and energy companies, have submitted proposals for Guyana’s Amaila Falls Hydropower Project, with bid prices ranging from about US$416 million to US$800 million. According to tender opening documents dated May 8, 2026, the...

HOUSTON, TEXAS — TechnipFMC began recruiting and training Guyanese engineers before securing offshore contracts in the country, a move the company says helped it keep pace with the rapid buildout of Guyana’s oil industry. The company’s Onshore Operations Director,...

HOUSTON, TEXAS — The University of Guyana’s enrollment has grown from about 4,000 students in 2015 to more than 16,000 this year, a surge outgoing Vice Chancellor Professor Paloma Mohamed linked to free tertiary education and new training demand...

HOUSTON, TEXAS — Hess Corporation’s Guyana Appraisal Director Tim Chapman said advances in seismic imaging played a major role in unlocking Guyana’s offshore oil resources after decades of unsuccessful exploration activity in the basin. Chapman spoke during a panel discussion...

HOUSTON, TEXAS - TotalEnergies says discoveries offshore Guyana and Suriname continue to strengthen the Guyana-Suriname basin’s position as a major source of low-cost oil production. Speaking on Day Two of the Offshore Technology Conference during the Around the World Panel...