News

Crane Worldwide Logistics collaborates with SBM Offshore to ship PPE supplies to Guyana

Crane Worldwide Logistics (CWW) has collaborated with SBM Offshore to ship several thousand gloves and masks to the South American country of Guyana to aid in the national COVID-19 response measures. The Personal Protective Equipment (PPE) was shipped via the...

Guyana makes historic presentation to ICJ over border controversy with Venezuela

A battery of international lawyers with key support from Sir Shridath Ramphal presented Guyana’s case to the International Court of Justice (ICJ) on Tuesday to show why that august body has jurisdiction to hear the case over the border...

Brazil’s Petrobras says Buzios oil field achieved a new daily production record in June

(Reuters) - Brazil’s Petrobras said that its platforms P-74, P-75, P-76 and P-77 located in the deepwater Buzios oil field, the largest in the world, achieved record production levels on June 27, totalling 664,000 bpd and 822,000 boed. The oil...

Shell’s US$22 billion write down ‘signals fundamental change’ – WoodMac

Speaking after Shell announced impairments of up to US$22 billion to its portfolio, Angus Rodger, a director with Wood Mackenzie’s upstream research team, said, “The major oil companies are going through a process of reassessing long-term oil price assumptions...

Guyanese recruitment firm gets TRACE certification

Guyanese-owned Strategic Recruitment Solutions Inc (SRSGY) has taken another step forward in meeting international compliance requirements by Completing TRACE Certified Due Diligence. TRACEcertification is a heavily benchmarked and comprehensive due diligence review, analysis and approval process establishing that an individual or...

BP’s decision to sell its global petrochemicals business will impact T&T – Former Energy Minister

The move by BP to sell its global petrochemicals business to INEOS for $5 billion as part of plans to “reinvent” itself into a more focused, integrated energy company will impact Trinidad and Tobago where it is the largest...

Brazil’s Petrobras to sell stake in Campo de Tartaruga oil field: filing

(Reuters) - Brazilian oil company Petrobras said on Monday that it had begun the process to sell the entirety of its stake in the Campo de Tartaruga field, located in shallow waters in Bacia de Sergipe-Alagoas in the state...

Transborders designates SBM Offshore exclusive operation & maintenance services contractor for FLNG facilities

Transborders Energy (Transborders) announce on Monday that it has entered into a FLNG Solution Partnership Agreement with Single Buoy Moorings Inc. (SBM Offshore) for co-pursuing the deployment of Transborders’ FLNG Solution on a range of stranded offshore gas resource...

Hearing on ICJ’s jurisdiction in Guyana-Venezuela border controversy set for today

The public hearings on the question of the jurisdiction of the International Court of Justice in the case concerning the Arbitral Award of October 3, 1899 (Guyana v. Venezuela) is set for today via video-conference at the Peace Palace...

Guyana will face economic detriment if election impasse continues to delay projects – Rystad Energy VP

Norway-based independent energy research company Rystad Energy says the prolonged political impasse in Guyana continues to be a risk to the country’s emerging oil and gas industry and the absence of a fully functional government to approve projects and...

Latest News

T&T Energy services firms report 56% drop in business volume and value in Q1 2026

Energy services companies in Trinidad and Tobago reported a sharp slowdown in activity in the first quarter of 2026,...