News

Jumbo Offshore completes Errea Wittu mooring pre-installation at Uaru Field

Jumbo Offshore has completed mooring pre-installation activities for the floating production, storage and offloading (FPSO) vessel Errea Wittu at the Uaru Field in the Stabroek Block, offshore Guyana. The company announced on February 12 that the work was executed for...

Guyana eyes Suriname partnership for second Gas-to-Energy project – Pres. Ali 

The Government of Guyana is preparing to make critical decisions on the country's second Gas-to-Energy project before the end of the first quarter of 2026, with hopes of partnering with Suriname on the integrated development. This was announced by Guyana’s...

Guyana ‘perhaps the most exceptional energy development anywhere in the world’ – ExxonMobil Upstream President

President of ExxonMobil’s Upstream company, Dan Ammann, said Guyana stands apart globally, calling it “perhaps the most exceptional energy development anywhere in the world”. He made the statement at today’s opening of the Guyana Energy Conference and Supply Chain Expo,...

Expression of Interest out for revitalisation of Guyana’s Amaila Falls Project – President Ali announces

An expression of interest has been issued for the Amaila Falls Hydropower Project (AFHP) as the government advances its clean energy agenda. The announcement was made on February 17 at the Marriott Hotel during the Fifth Edition of the Guyana...

President Ali details energy and diversification strategy as Guyana’s 5th Energy Conference opens 

President Dr. Mohamed Irfaan Ali today said Guyana must leverage its rapidly expanding oil and gas sector to secure long-term sustainability. He was at the time delivering the feature address at the opening of the country’s 5th Energy Conference...

IMF sees Manatee project driving Trinidad’s medium-term recovery as O&G production weighs on 2026 outlook

An International Monetary Fund staff team led by Ana Guscina visited Port of Spain and Scarborough from January 27 to February 9, 2026, for the 2026 Article IV consultation with Trinidad and Tobago’s authorities. The mission issued its concluding...

The next wave of Stabroek Block projects offshore Guyana

ExxonMobil is moving ahead with its next set of developments in the Stabroek Block offshore Guyana, with Uaru, Whiptail and Hammerhead approved and progressing toward startup between 2026 and 2029, while Longtail remains in the planning stage as the...

ExxonMobil Guyana rig extensions support Noble Corporation’s 2025 earnings performance

Noble Corporation said on February 11 that additional contracted rig years in Guyana supported full-year 2025 earnings performance, with adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) landing in the upper half of its original guidance range. President and...

Guyana regulator strengthening oil & gas production measuring capabilities

Alwin Etwah, Head of the Oil and Gas Unit at the Guyana National Bureau of Standards (GNBS), said Guyana is advancing legal reforms, expanding gas measurement capability and introducing digital oversight to strengthen fiscal metering in the petroleum sector. He...

Stena Carron at work: A closer look at the Drillship offshore Guyana

In the Stabroek Block, offshore Guyana, the Stena Carron is currently the only drillship from Stena Drilling Ltd. operating in the acreage. The company previously had the Stena DrillMax working in the block, but its work program concluded in...

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US$100 per barrel scenario would ‘remove any remaining hesitation’ and speed up Guyana project sequencing – Rystad Energy says

Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies...