News

About 500 million boe in Suirname’s Block 52 – Rystad Energy 

Rystad Energy estimates that Suriname’s Block 52 holds an estimated 500 million equivalent barrels of oil equivalent resources, according to a new report.  Petronas holds 100% of the working interest in Block 52 after its partner, ExxonMobil pulled out last...

“Let us get the evaluation and then we will discuss our posture”, says Guyana President after attack on soldiers by suspected members of Venezuelan...

A group of Guyanese soldiers came under attack on Monday near the country’s western border, allegedly by members of the Venezuelan Sindicato gang.  Speaking on the sidelines of the Guyana Energy Conference and Supply Chain Expo on Tuesday, Guyana’s President,...

With more associated gas found in Stabroek Block, Exxon can now supply Guyana with 120 million cubic feet of gas – new Deepwater VP

ExxonMobil said it has identified more associated gas resources in Guyana’s Stabroek Block to more than double its intended supply for the Gas-to-Energy project. J Hunter Farris, Exxon’s Senior Vice President, Deep Water made the announcement during a presentation at...

Come ‘win with us’ – President Ali as potential investors gather for 4th Energy Conference

The 4th edition of the Guyana Energy Conference, which now includes a Supply Chain component, got underway at the Marriott Hotel in Georgetown this morning, offering a blend of excitement beyond oil and gas. In his keynote address, President of...

Dominican Republic sets eyes on Guyana’s Berbice Block 

The Dominican Republic has its eyes on the Berbice Block, an offshore asset spanning 0.6 acres in the shallow waters of the Guyana Basin.  Its President Luis Abinader Corona shared this during the opening of the Guyana Energy Conference.  He said...

Exxon targeting pipeline for gas resources at proposed Hammerhead project

ExxonMobil plans to pipe gas from the proposed Hammerhead development project to shore. This will provide an additional gas supply to support Guyana’s plans to expand its Gas-to-Energy (GtE) project.  The Environmental Protection Agency (EPA) on Monday published the Hammerhead...

SBM Offshore to study carbon capture solutions for Petrobras FPSOs

SBM Offshore has secured a contract to study carbon capture solutions for Petrobras' future floating production, storage, and offloading (FPSO) units. The study will evaluate the design and commercial feasibility of various carbon capture system configurations for FPSOs operating...

Shell to kick off Suriname exploration campaign with Araku Deep-1 well – Rystad Energy

Shell is set to begin drilling up to four exploration wells in Suriname’s offshore Block 65, with the first well, Araku Deep-1, scheduled to spud in the second quarter of 2025, Rystad Energy said. The company is seeking clearance...

Exxon starts 60-day comment period for Hammerhead impact study

ExxonMobil said that it started a 60-day comment period related to its proposed Hammerhead project in Guyana. In a notice, Exxon said that it has submitted the Environmental Impact Assessment (EIA) and Environmental Impact Statement (EIS) for the Hammerhead Development Project...

2025 is busiest year for Exxon’s SURF installation offshore Guyana 

ExxonMobil Guyana is embarking on its most intensive year yet for subsea umbilicals, risers, and flowlines (SURF) installation, according to company President Alistair Routledge. The work will connect subsea wellheads to the new floating production storage and offloading (FPSO)...

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Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali,...