News

SBM Offshore revenue jumps 216% to US$3.5 billion in Q1 on Guyana FPSO activity

SBM Offshore reported a 216% increase in directional revenue to US$3.489 billion (approx. GYD $727 billion) in the first quarter of 2026, driven largely by activity tied to Guyana’s offshore oil developments and the sale of the ONE GUYANA...

SES reports ‘100% local content’ with Guyanese staff in technical and leadership roles

Sustainable Environmental Solutions (SES) has reached 100% local content in the management and operations of its waste treatment facility, with Guyanese staff now holding both technical and leadership positions. The milestone was disclosed on April 30 during the commissioning of the iNOVaTHERM™ system.  SES...

Chevron prioritizes low-cost, long-life assets as capital discipline tightens – S&P Global

Chevron is focusing investment on low-cost, long-life oil assets as global energy producers adjust strategies amid continued disruption from the Middle East crisis, Chief Executive Mike Wirth said on May 1, according to S&P Global. "One thing you can expect...

ExxonMobil says Guyana’s oil sector entering new phase focused on local fabrication, maintenance

HOUSTON, Texas — ExxonMobil Guyana President Alistair Routledge said Tuesday that Guyana’s oil industry is moving into a new phase where more fabrication, maintenance and industrial support services will need to be developed locally as offshore production expands. Speaking at...

GCCI, Energy Chamber of Trinidad and Tobago sign historic MOU to support SMEs in oil and gas sector

HOUSTON, TEXAS – The Georgetown Chamber of Commerce and Industry and the Energy Chamber of Trinidad and Tobago on Tuesday signed a Memorandum of Understanding (MOU) aimed at strengthening collaboration between businesses in Guyana and Trinidad and Tobago’s oil...

GDF patrol comes under fire in second Cuyuni River shooting, no injuries reported

A Guyana Defence Force (GDF) patrol came under fire twice along the Cuyuni River in Region Seven, marking the second such incident within days as troops continue security operations along Guyana’s western border. GDF reported in a May 6 release...

Ramsaroop outlines open procurement, regional market access as Guyana courts investors at OTC

HOUSTON, TEXAS – Peter Ramsaroop, Guyana’s Chief Investment Officer, told investors in Houston that Guyana is opening multiple sectors to investment under a transparent procurement system, supported by expanding infrastructure and access to regional markets. He spoke on day two...

Guyana crafting oil laws to create business opportunities beyond offshore sector — Gossai

HOUSTON, TEXAS – Guyana is using its growing oil and gas sector to build new industries and business opportunities across the wider economy, Senior Petroleum Coordinator Bobby Gossai said on Tuesday at the Offshore Technology Conference in Houston, Texas.   Speaking...

“Allow us with that local content legislation” — GCCI President defends Guyana’s policy at OTC

HOUSTON, TEXAS – Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith defended Guyana’s Local Content legislation during the Offshore Technology Conference’s Around the World Panel Series in Houston on Tuesday, telling investors the policy is intended to...

GDF soldier injured in shooting at Guyana’s western border

A Guyana Defence Force (GDF) soldier was injured on Monday after a military patrol came under gunfire along the country’s western border, the army said Monday, in an incident that coincided with the opening of oral hearings in a...

Latest News

Ali says Guyana moving to Gas-to-Energy phase two as economy to consume all phase one power

Guyana expects all electricity generated from the first phase of its flagship Gas-to-Energy (GtE) project to be consumed domestically...