News

Saipem has secured a contract valued at approximately US$260 million to support a long-term offshore drilling campaign for Eni Côte d’Ivoire Limited, with operations expected to begin in early 2027. The contract was awarded by Eni Côte d’Ivoire Limited, a...

President Irfaan Ali said families of those still missing following the MV Barima tragedy would be consulted if authorities are forced to fully salvage the capsized vessel. Ali said Thursday evening that full salvage is the remaining option if attempts...

The number of bodies recovered following the MV Barima tragedy has increased to 72, the Guyana government confirmed on Thursday. Two bodies were recovered on July 23, adding to the 70 recovered by the end of Wednesday. Of the total,...

As Suriname builds out its offshore oil industry, more local workers are considering careers at sea. The opportunity can bring valuable experience, but life offshore also requires long shifts, strict safety practices, mental resilience, and weeks away from family. Uriel...

TotalEnergies’ offshore development in Suriname, GranMorgu, is 40% complete and remains on schedule to begin production in the first half of 2028, according to Chairman and Chief Executive Officer Patrick Pouyanné. Pouyanné provided the update during TotalEnergies’ second-quarter and first-half...

Guyana is among a group of energy-exporting countries that have raised concerns about the European Union’s methane regulations, according to an S&P Global report published on July 22. The report cited the US Department of Energy (DOE), which said Guyana,...

Brent crude settled above US$100 per barrel on Thursday after attacks on Saudi oil tankers heightened concerns about energy shipments through two major Middle East waterways. The international benchmark closed at US$100.69 per barrel on July 23. It gained US$6.62,...

Energy projects are becoming more interconnected, requiring operators to better coordinate drilling, facilities, logistics and production activities during development, according to SLB. In a July 20 article, the company said offshore tiebacks, mature asset redevelopment and infrastructure-heavy projects are increasing...

Technical teams are preparing to refloat the MV Barima and tow it closer to shore as the number of bodies recovered from the ferry disaster increased to 65, the Guyana government said on Wednesday. The proposed operation involves repositioning the...

Representatives of four opposition groups have called for independent investigations into the MV Barima tragedy, along with immediate reforms to Guyana’s public ferry system. The Forward Guyana Movement (FGM), We Invest in Nationhood (WIN), the Alliance For Change (AFC), and...