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Saipem completes Yellowtail offshore scope for ExxonMobil Guyana

OilNOW -
Saipem has announced the completion of its contracted scope of work for ExxonMobil Guyana’s Yellowtail field in the Stabroek Block, located in water depths of about 1,800 metres. The contract, awarded in 2022, covered the Engineering, Procurement, Construction, and Installation...
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TT will lead ‘next chapter’ in energy age — PM Persad-Bissessar

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Prime Minister Kamla Persad-Bissessar has pledged that Trinidad and Tobago will take a proactive role in shaping the future of its energy sector, stating, “Trinidad and Tobago will not wait for the end of any energy age. We will...
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A Keystone Review: Beyond the Ballot Box, Guyana’s next era

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By Keystone Consulting Group As Guyana approaches its crucial 2025 General and Regional Elections, the natural and critical question of ‘who will govern next’ rises to the forefront of our thoughts. It is the subject of much analysis and debate,...
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Guyanese Engineers reflect on their role in ONE GUYANA vessel startup

Shikema Dey -
The ONE GUYANA floating production, storage and offloading (FPSO) vessel now stands as a symbol of both engineering excellence and national progress; at its heart are Guyanese engineers who helped bring the massive vessel to life. Reedel James, Subsea Systems...
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Touchstone reports Q2 loss despite Central Block acquisition boost

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Touchstone Exploration reported that it completed the acquisition of Shell Trinidad Central Block Limited in the second quarter of 2025, adding “approximately 1,910 barrels of oil equivalent per day (boe/d) of liquids-rich natural gas production” and providing access to...
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Ali projects GY$870 billion housing investment for Guyana, 30,000 new homes over next five years

Shikema Dey -
Guyana's President, Dr. Mohamed Irfaan Ali, has outlined plans for a GYD870 billion expansion in the country's housing sector over the next five years, committing to the construction of at least 30,000 homes and the development of 20,000 acres...
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Rubio calls Maduro’s circle a ‘criminal enterprise’ threatening U.S. oil firms in Guyana

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U.S. Secretary of State Marco Rubio said Venezuela’s Nicolás Maduro and his allies constitute a criminal enterprise masquerading as a legitimate government. Speaking in a State Department video released Thursday on Facebook, Rubio announced that Washington will confront narco-terrorist networks...
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Global Subsea Tree awards hit five-year low; Guyana’s Hammerhead project to lift totals in 2025

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Subsea tree awards for the first seven months of 2025 are at their lowest level since 2020, according to Westwood’s Global Subsea Tree Tracker. Westwood reported that just 97 units have been recorded year-to-date, with Turkey and Norway accounting for...
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CGX down US$56.4 million; Executive Director Suresh Narine resigns

OilNOW -
CGX Energy Inc. has reported a US$56.4 million impairment loss on its Corentyne Block assets for the second quarter of 2025, citing ongoing disputes with the Government of Guyana (GoG). In its unaudited financial statements and Management Discussion and Analysis,...
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Exxon aiming to leverage Guyana development pace in T&T, expects to even ‘move quicker’ – Ardill

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ExxonMobil is aiming to replicate the remarkable success it has had in Guyana, in neighboring Trinidad and Tobago, and even expects the oil and gas development to progress faster there due to T&T's established industry, deepwater ports and robust...
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Foreign observers call for calm, transparency as Guyana elections approach

Foreign observer groups have urged Guyanese to ensure peaceful and transparent elections on September 1, stressing the importance of...

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