News

Orinduik’s Jethro back in focus as standalone development candidate

Could Jethro become Guyana’s next standalone oil development? The Orinduik Block discovery has been viewed that way since August 2019, when Tullow Oil said the find could hold more than 100 million barrels of recoverable oil and support a...

Staatsolie, Suriname tax office launch three-year program to strengthen oil and gas oversight

Staatsolie Maatschappij Suriname N.V. and Suriname’s Tax Department have launched a three-year capacity-building program to strengthen tax and customs expertise in the oil and gas sector. The cooperation document was signed in Paramaribo on April 10, 2026. The initiative will...

Shell moves to boost Loran-Manatee output, upgrades pipeline to deliver more gas to Trinidad by 2027

The Energy Chamber of Trinidad and Tobago said on April 10 that Shell is advancing plans to increase natural gas output from the Loran-Manatee field some 300 million cubic feet per day (mcf/d) above what was initially planned, with...

At nearly 50 MW, new solar farm to slash emissions at Zijing’s Guyana mining operation

A 49.4-megawatt (MW) solar farm at the Aurora Gold Mine (AGM) is expected to cut approximately 46,000 tonnes of carbon dioxide emissions annually, reducing reliance on diesel at the company’s mining project. AGM is owned by China’s Zijing Mining Group. Prime...

Wei-1: CGX’s missed path to a potential development outside of Stabroek

CGX Energy’s Wei-1 well offshore Guyana was identified in 2023 as a key test of whether oil discoveries outside the Stabroek Block could support a second standalone development. The well was drilled in the Corentyne Block following the Kawa-1 discovery...

Standardization debate sharpens as deepwater players weigh speed against innovation

Operators and contractors at the World Oil Deepwater Development Conference in Lisbon, Portugal, identified standardization as a key driver of faster project delivery, while warning it could constrain innovation, according to insights from Welligence. According to World Oil’s April feature,...

“There’s a job waiting for you offshore. Meet the industry’s needs,” Routledge tells 3rd batch of FacTor-trained Guyanese technicians

ExxonMobil Guyana President Alistair Routledge told the third cohort of trainee technicians graduating from the Guyana Technical Training College Inc. (GTTCI) that opportunities offshore are expanding alongside the country’s oil production.  “There’s a job waiting for you offshore. Meet the...

Staatsolie invites companies to join 2026 Blue Wave supplier program

Staatsolie is calling on Surinamese businesses to participate in the 2026 edition of its Blue Wave Supplier Development Program, aimed at preparing local firms for offshore opportunities. In a LinkedIn post on April 8, 2026, the state oil company announced...

Guyana’s crude on the move: Who gets it and why it matters

Guyana began selling offshore crude less than a decade after its first discovery. Today, the “Land of Many Waters” produces more than 900,000 barrels of oil per day (b/d) at the ExxonMobil-operated Stabroek Block. But once that oil leaves...

Hormuz disruption could create export upside for Trinidad and Tobago – Energy Chamber

The disruption in the Strait of Hormuz is affecting global energy trade flows and could create export opportunities for Trinidad and Tobago, even as domestic risks remain, according to an April 9 note from the Energy Chamber of Trinidad...

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Longtail expected to support stronger subsea tree awards in second half of 2026

ExxonMobil’s planned Longtail development offshore Guyana is among the major projects expected to support stronger global subsea tree contract...