News

Noble’s four drillships set records in Guyana, completing over 200 wells in Stabroek Block

Noble Corporation says its Guyana operations continue to set new records, with over 200 wells now constructed in the Stabroek Block. President and Chief Executive Officer Robert Eifler made the announcement during the company’s third quarter earnings call on October...

SBM Offshore strengthens ties with Suriname community in Rotterdam

SBM Offshore hosted an interactive session with over 90 members of the Surinamese community in Rotterdam on October 16, underscoring its commitment to local engagement as Suriname advances toward its first offshore oil development at Block 58. In a press...

ABS launches EagleTwin™ to enhance offshore asset safety with real-time 3D management

The American Bureau of Shipping (ABS), a global leader in marine and offshore classification and technical advisory services, has launched EagleTwin™, a new web-based structural digital twin solution software designed to enhance safety and operational efficiency for Floating Production,...

Economist says Venezuela’s suspension of gas deals could be a ‘blessing in disguise’ for Trinidad

Trinidad and Tobago economist Dr. Justin Ram believes Venezuela’s decision to suspend its gas deals with the Caribbean country could turn out to be “a blessing in disguise”. “There are, in the short term, some concerns,” Dr. Ram said during...

Aker Solutions seeks Guyanese suppliers for valve, logistics and warehousing services

Aker Solutions, a global provider of integrated products and services to the energy industry, is inviting Guyanese suppliers to pre-qualify to provide a range of goods and services in support of its offshore operations.  According to a public Request For...

Guyanese celebrate new bridge and opportunities from oil wealth

Have you crossed the new Bharrat Jagdeo Demerara River Bridge yet? For thousands of Guyanese, it’s more than just a crossing — it makes daily life easier, connects communities, and shows what we can achieve when we invest in...

Energy Chamber urges gas independence amid Venezuela’s suspension of energy deals

The Energy Chamber of Trinidad and Tobago is urging the government to accelerate efforts to boost domestic gas production following Venezuela’s decision to suspend energy sector agreements with Port of Spain. The Chamber, in a statement on October 28, said...

Oil and gas portfolio officially gains independence under Suriname’s new ministry

Suriname has officially established the Ministry of Oil, Gas & Environment, following the publication of State Decree S.B. 2025 No. 124 on October 22. The decree, signed by President Jennifer Geerlings-Simons, establishes and defines the tasks of all ministries. Under...

Noble expands backlog to US$7 billion amid lower quarterly earnings

Noble Corporation reported a net loss of US$21 million for the third quarter of 2025, as rig utilization and revenue declined, but the company strengthened its backlog and maintained strong cash generation. This week, President and Chief Executive Officer Robert...

‘We will hunt and kill them’: Hegseth announces strikes that killed 14, eight more than last week’s attack

U.S. War Secretary Pete Hegseth announced today via his X (formerly Twitter) page, that “at the direction of President Trump”, the Department of War carried out three lethal kinetic strikes on four vessels operated by "Designated Terrorist Organizations (DTO)...

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Kuwait, Qatar, other long-established producers now trail Guyana in per capita oil output

Countries with some of the world’s most mature petroleum industries now rank behind Guyana in per capita oil production,...