News

HOUSTON, TEXAS — TechnipFMC began recruiting and training Guyanese engineers before securing offshore contracts in the country, a move the company says helped it keep pace with the rapid buildout of Guyana’s oil industry. The company’s Onshore Operations Director,...

HOUSTON, TEXAS — The University of Guyana’s enrollment has grown from about 4,000 students in 2015 to more than 16,000 this year, a surge outgoing Vice Chancellor Professor Paloma Mohamed linked to free tertiary education and new training demand...

HOUSTON, TEXAS — Hess Corporation’s Guyana Appraisal Director Tim Chapman said advances in seismic imaging played a major role in unlocking Guyana’s offshore oil resources after decades of unsuccessful exploration activity in the basin. Chapman spoke during a panel discussion...

HOUSTON, TEXAS - TotalEnergies says discoveries offshore Guyana and Suriname continue to strengthen the Guyana-Suriname basin’s position as a major source of low-cost oil production. Speaking on Day Two of the Offshore Technology Conference during the Around the World Panel...

HOUSTON, TEXAS - ExxonMobil Guyana President Alistair Routledge said the planned Longtail development is tied to Guyana reaching oil production capacity of 1.7 million barrels per day (b/d) by 2030, as projects continue to advance in the Stabroek Block. He...

HOUSTON, TEXAS — Guyana’s offshore oil sector is expanding at a pace that is beginning to rival subsea activity levels in the U.S. Gulf of Mexico, according to TechnipFMC’s Onshore Operations Director Omon Dibua. Speaking Tuesday at the Offshore Technology...

HOUSTON, TEXAS - ExxonMobil’s Senior Director of International Government Relations, Craig Kelly, said Guyana’s rapid oil development is positioning the country as a gateway for investment across northern Brazil and the southern Caribbean. Speaking on Day Two of the Offshore...

HOUSTON, TEXAS - Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith is pushing for greater investment in Guyana’s micro, small and medium-sized enterprises, arguing that many are already generating substantial revenues from opportunities linked to the country’s...

HOUSTON, TEXAS - Private Sector Commission (PSC) Chairman Gerald Gouveia Jr. is urging investors to partner with Guyana as the country works to sustain rapid economic growth driven by its oil sector. He made the call on Monday, May 4,...

Guyana’s Court of Appeal on Thursday overturned a 2023 High Court ruling that had required ExxonMobil Guyana to provide an unlimited financial guarantee to cover potential environmental damages from its offshore oil operations. The appellate court ruled in favour of...