News

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...

ExxonMobil sees up to US$2.3B upstream boost from oil prices in Q1 2026 filing

ExxonMobil in an 8-K filing with the U.S. Securities and Exchange Commission (SEC), said higher crude prices could lift upstream earnings by up to US$2.3 billion in the first quarter of 2026, compared with the fourth quarter of 2025. The...

Hunting wins $63.5 million subsea orders for new FPSO development offshore Guyana

Hunting PLC on April 7 said it has been awarded US$63.5 million in orders for its titanium stress joint (“TSJ”) product line for a new offshore development in Guyana.  Hunting noted that “the award will be completed by the Group’s...

OTC Around the World Series to spotlight Guyana’s policy and execution agenda on May 5

Guyana will be a key feature of the Offshore Technology Conference’s Around the World Series on May 5, 2026, with two sessions in Houston set to examine the country’s policy direction, investment climate, local content framework, and wider development...

Valaris secures $447M contract extension with Petrobras for DS-4 drillship offshore Brazil

Valaris Limited announced on April 6 that it has secured a 10,64-day contract extension with Petrobras for its drillship VALARIS DS-4 offshore Brazil. The extension is “expected to commence in November 2027 in direct continuation of the existing program” and...

Shell starts community upskilling mission in Trinidad, exposing residents to energy sector jobs

Shell’s Community Upskilling Programme is equipping residents of Trinidad and Tobago with practical skills to meet the evolving demands of the energy sector. The company described the initiative as “anchored in this principle: a resilient energy sector depends on...

Why Guyana’s Corentyne River protest has broader implications

For generations, goods, people, and livelihoods have flowed along the Corentyne River, linking Guyana and Suriname in a steady rhythm of trade that long predates oil, politics, and modern borders. But what happens when that flow is disrupted? Guyana’s recent...

Oil hits US$110 as Trump’s ominous deadline to Iran nears

Global oil prices moved higher this week as tensions between the United States and Iran intensified ahead of a deadline tied to the Strait of Hormuz, a key global shipping route. Brent crude traded above US$111 per barrel in early...

Halliburton, PETRONAS Suriname, Valaris align early for offshore development execution

Halliburton has signed a Strategic Collaboration Agreement with PETRONAS Suriname Exploration & Production B.V. and Valaris to support development of offshore assets in Suriname, the company said on April 6, 2026. The agreement brings the three companies together at an...

Latest News

Letter to the Editor: Seeing change in simple ways

Dear Editor, Some time ago, I wrote about how surprised I was to see real benefits from Guyana’s growing oil...