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OMNI Helicopters adds four to offshore search and rescue team in Guyana

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OMNI Helicopters Guyana Inc. (OHGI) has expanded its offshore search and rescue (SAR) crew with the graduation of four new locally trained professionals, the company said on LinkedIn last week. The new additions completed a three-month training program and will...
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TotalEnergies’ GranMorgu director highlights innovation, efficiency gains in Suriname project

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PARAMARIBO, SURINAME: Frédéric Beys, GranMorgu Project Director at TotalEnergies, highlighted the company’s forward-thinking strategy and sustainability-driven innovations during remarks at the 2025 Suriname Energy, Oil & Gas Summit (SEOGS). “We will spend, altogether, 30 million man hours on this project,”...
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Saipem targets local content growth in logistics, fabrication for Suriname oil project

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PARAMARIBO, SURINAME – Saipem is setting the stage for major local content contributions in Suriname through its work on the second phase of the offshore GranMorgu project, according to Gianluigi Della Rossa, the company’s Country Manager for Guyana and...
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Oil could hit US$100 a barrel if Iran targets Strait of Hormuz – WoodMac

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Oil prices could spike to as high as US$100 a barrel if Iran escalates regional tensions by targeting shipping in the Strait of Hormuz, analysts at consultancy Wood Mackenzie said. They view such a move as unlikely. However, the...
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GranMorgu FPSO: A closer look at the vessel powering Suriname’s first offshore oil project

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PARAMARIBO, SURINAME – SBM Offshore and Technip Energies are building Suriname’s first floating production, storage and offloading (FPSO) unit for the upcoming GrandMorgu field. The vessel, scheduled to arrive in-country by mid-2028, will be critical to the project’s success,...
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Afreximbank COO pitches partnership for Suriname’s SMEs

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PARAMARIBO, SURINAME – The African Export-Import Bank (Afreximbank) wants to be a long-term financial partner for small and medium-sized enterprises (SMEs) in Suriname, especially as the country enters a new phase of development driven by its oil and gas...
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Staatsolie Director warns against overregulating local content ahead of GranMorgu development

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PARAMARIBO, SURINAME - As Suriname prepares for the GranMorgu oil development, Vandana Gangaram Panday, Director at Staatsolie Hydrocarbon Institute, cautioned against overregulating local content. Speaking on day four at the Suriname Energy, Oil and Gas Summit, Panday acknowledged the ongoing...
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TotalEnergies identifies additional wells to sustain GranMorgu plateau production

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PARAMARIBO, SURINAME – TotalEnergies has identified additional wells that will be drilled to sustain plateau production at its landmark GranMorgu project offshore Suriname, according to Javier Rielo, the company's Senior Vice President, Americas. “We have already identified wells. We are...
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GranMorgu FPSO to benefit from proven SBM Offshore design approach

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PARAMARIBO, SURINAME –  The GranMorgu FPSO, being developed by SBM Offshore and Technip Energies for Block 58, will be the eighth unit built using SBM’s standardized hull, a strategy designed to accelerate delivery timelines while improving long-term operational performance. Speaking...
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MODEC spent US$3.4 million with Guyanese suppliers in 2024

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Japanese company MODEC reported in a press statement today that it spent US$3.4 million procuring goods and services from Guyanese suppliers last year. In addition to this expenditure, the company’s 2024 local content work included publishing 45 procurement opportunities, recruiting...
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Dredging in Demerara Channel to continue through 2025

The Maritime Administration Department (MARAD) announced that dredging works will continue in the Demerara Main Ship Channel and off...

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