Bechtel Corporation is progressing on developing a deep-water port at the Berbice River's mouth. On Wednesday, Bechtel executives met President Irfaan Ali, who stressed the government's need to expedite the project for Guyana’s oil and gas sector growth.
“This project...
The deadline for Trinidad and Tobago’s 2025 deep-water competitive bidding round has been extended by nearly three months. Bids are now due by noon on September 17, replacing the original July 2 deadline.
This is according to a notice from...
Dear Editor,
I am confident that with the highly anticipated ExxonMobil GSL cricket season upon us once again, Guyana is poised to experience a significant surge in sports tourism and business travel.
This season presents yet another opportunity for our nation...
With just a few weeks before August arrives, Guyana inches closer to becoming the world’s largest oil producer per capita.
The milestone is tied to the start-up of the ONE GUYANA floating production, storage, and offloading vessel (FPSO), the latest...
Swedish oil giant Preem is using Guyana’s medium-sweet crude to fuel its flagship Lysekil refinery, linking South America’s newest oil producer to the Nordic region’s energy supply chain. Perched on the rocky coast of Brofjorden just north of Gothenburg,...
The ramp-up of ExxonMobil’s Payara project remains unmatched in Guyana’s offshore oil history, even as more developments come on stream. Wood Mackenzie’s Principal Analyst Luiz Hayum described the startup of the Prosperity FPSO at Payara as setting an industry...
Trinidad and Tobago's Energy Minister Roodal Moonilal on Monday issued letters of appointment to the new boards of directors for several state-owned energy companies, as the new government moves to revitalize the country's energy sector.
According to a statement from...
U.S. oil company Hess has relinquished Block 59 offshore Suriname, a deepwater area located near the maritime border with Guyana, returning the acreage to Suriname’s Staatsolie, the state oil firm announced on Tuesday.
“Hess fulfilled its minimum work obligations and...
ExxonMobil expects lower crude and natural gas prices will weigh on its second quarter 2025 earnings, according to its latest 8-K filing with the U.S. Securities and Exchange Commission (SEC) released ahead of results due August 1.
The company estimates...
ExxonMobil has been named the most-admired upstream explorer in the world, according to Wood Mackenzie’s 2025 Exploration Survey, a recognition underpinned mainly by the company’s performance offshore Guyana.
The award, announced at Wood Mackenzie’s annual Exploration Summit in Bordeaux in...
