News

Petrobras will invest US$2.14 billion (about R$37 billion) in the Brazilian state of São Paulo through 2030 across refining, exploration, logistics, and low-carbon energy projects, the company announced on May 18 during a visit by Brazilian President Luiz Inácio...

SBM Offshore has extended the application deadline for its Trainee Technician Program in Guyana to May 31, giving prospective candidates additional time to apply for offshore technical training opportunities tied to the country’s growing oil and gas sector. SBM Offshore...

The Women in Maritime Association Caribbean (WiMAC) Guyana Chapter recognized women across Guyana’s maritime sector during its 2026 Gala & Awards Ceremony in Georgetown on May 18.  Held under the theme “From Policy to Participation: Women Driving Maritime Excellence,” the...

Guyana’s Liza crude will gain a formal pricing role in Europe from July 1 as Platts reshapes its European Sour Crude Index (ESCI) to better capture evolving Atlantic Basin trade flows and rising imports from Latin America, according to...

The closure of the Strait of Hormuz has already removed an estimated 1.2 billion barrels of oil from global markets, according to Daniel Yergin, Vice Chairman of S&P Global. Yergin made the comments during an interview on CNBC’s Squawk Box...

Trinidad and Tobago will negotiate the commercial terms for cross-border natural gas projects with Venezuela in what officials say must serve the country’s national interest, as policymakers seek to ease tightening domestic gas supply, according to a May 18...

Guyana’s consideration of a national oil and gas data repository could improve how seismic and drilling information is managed as offshore exploration expands beyond the Stabroek Block. The Guyana government first signaled plans for a petroleum data repository in 2023,...

Dear Editor, Guyana’s safety culture is gradually shifting for the better, and I don’t say that lightly. It is no secret that when it comes to safety, especially in the workplace, it was almost nonexistent in Guyana. From my point...

Petrobras has contracted DOF Subsea to construct and operate four offshore support vessels for US$2.14 billion (R$11 billion), a move expected to generate roughly 7,000 direct and indirect jobs and strengthen Brazil’s shipbuilding industry, according to a company statement...

Eco (Atlantic) Oil & Gas said on Monday that it and JHI Associates remain engaged with Guyana’s government over a possible extension or reissuance of the Canje Block license offshore the South American country, months after the acreage expired...