News

Director of the Local Content Secretariat, Michael Munroe, said Guyana is positioned for a new wave of opportunities as more oil and gas projects move toward development, expanding the scope of local participation across the petroleum value chain. The next...

The fourth annual Local Content Summit opened Tuesday with a focus on helping Guyanese businesses move from policy awareness to practical participation in the country’s expanding oil and gas economy. The two-day event is being held at the Houston Event...

PARAMARIBO, SURINAME - Halliburton's plans to establish a storage facility for radioactive sources used in oilfield operations in Houttuin have sparked concern among residents of surrounding communities, who are questioning the potential environmental and safety implications of the project. First...

MODEC Guyana is seeking contractors for floating production, storage and offloading (FPSO) vessel mooring hook-up services for the Hammerhead project offshore Guyana, according to a Request for Information (RFI) published on June 1 through the Centre for Local Business...

The fourth annual Local Content Summit will open today with a focus on helping businesses better understand Guyana’s local content framework, sector entry requirements, workforce needs, and opportunities tied to the country’s petroleum sector. The two-day summit will be held...

Captain Gerald Gouveia Jr. says Guyanese businesses are better prepared to meet international oil and gas standards and prove doubters wrong. Speaking at the PSC’s Annual General Meeting 2026 on May 29, Gouveia said local companies are ready to expand...

ExxonMobil says more technical work is needed to determine whether the Ranger discovery in Guyana’s Stabroek Block can be developed. Neil Chapman, Senior Vice President of ExxonMobil, discussed the discovery during the Bernstein 42nd Annual Strategic Decisions Conference on May...

SBM Offshore Guyana is seeking suppliers for recruitment, crewing, and technical assistance services to support its offshore operations in Guyana, according to a Request for Information (RFI) published through the Centre for Local Business Development (CLBD) on May 29. The...

ExxonMobil Guyana’s proposed Haimara development offshore Guyana would use a newly built floating production, storage and offloading vessel designed to process up to 1.5 billion cubic feet of produced natural gas per day (bcf/d). The details are contained in the...

ExxonMobil sees its growing floating production, storage and offloading vessel (FPSO) network in the Stabroek Block creating opportunities for low-cost tiebacks from smaller oil accumulations offshore Guyana. Neil Chapman, Senior Vice President of ExxonMobil, said the company’s planned eight-FPSO buildout...