News

Twenty Guyanese, including six women, have been selected from a pool of 1,700 applicants to be the 2026 beneficiaries of Noble Corporation’s Marine Cadet Scholarship Programme. The awards were presented on March 28, 2026, in Georgetown, during the Noble Marine...

Guyana’s offshore oil isn’t just abundant; it also carries chemical traits that make it desirable to refiners around the world. From its early discoveries in 2019 to today’s steadily rising exports, the quality of Guyana’s crude has helped the...

China’s offshore oil major CNOOC is targeting higher reserves and production in 2026, with Guyana expected to support that expansion as the company continues investing across its global upstream portfolio. The company said it aims to produce “780 million to...

CNOOC said the Lukanani and Ranger oil fields offshore Guyana have been successfully appraised, according to its 2025 annual report. CNOOC has a stake in the ExxonMobil-operated Stabroek Block, where those fields are located. Ranger was first discovered in 2018,...

Nicholas Deygoo-Boyer, Director of Vreed-en-Hoop Shorebase Inc. (VEHSI), says amendments to Guyana’s Local Content Act cannot be overlooked and are critical as more local businesses expand into offshore oil and gas services.  He made the comments on the Starting Point...

Brazilian state-controlled energy company Petrobras has confirmed a new pre-salt oil discovery in the Campos Basin offshore Brazil, located in the Marlim Sul field.  The discovery was made in exploratory well 3-BRSA-1397-RJS, situated 113 km off the coast of Campos...

ExxonMobil Guyana says the next phase of its US$100 million science, technology, engineering and mathematics (STEM) initiative in Guyana will place stronger emphasis on preparing teachers and helping students better understand career opportunities in science and technology fields.  In collaboration...

Chevron Corporation is seeking clearer and more competitive fiscal terms in Venezuela as it looks to expand oil production.  This push comes as Guyana, its eastern neighbor, continues to see rapid offshore development at the Stabroek Block under stable...

The floating production, storage and offloading (FPSO) vessel for ExxonMobil Guyana’s Hammerhead development has been named Essequibo 1899, anchoring one of the country’s newest offshore projects to a pivotal moment in its history. The name, selected by President Irfaan Ali,...

In her second term as President of the Georgetown Chamber of Commerce (GCCI), Kathy Smith plans to increase the number of Guyanese companies participating in the country’s thriving oil and gas industry through a focused approach.  Responding to questions posed...