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Eco Atlantic to acquire JHI in US$52M deal, gaining stake in Falklands basin and Guyana’s Canje Block

Eco (Atlantic) Oil & Gas Ltd. announced on March 11, 2026 that it has signed a binding agreement to acquire the remaining shares of...

Noble rig secures $375,000 dayrate contract to drill wells offshore Trinidad and Tobago

Global offshore rig activity remained steady at the start of 2026, with several new drilling contracts awarded, including a major fixture offshore Trinidad and...

Suriname positions oil and gas as catalyst for ‘Suriname 3.0’

PARAMARIBO, SURINAME – As offshore oil development moves closer to production, Suriname’s government is outlining a longer-term economic vision aimed at ensuring oil revenues...

Chinese companies among 10 groups vying to build fertilizer plant in Guyana 

Ten groups, including several Chinese companies, have submitted proposals to build Guyana’s planned ammonia and urea fertilizer plant at Wales, according to tender opening...

Chevron CEO: Guyana’s rise in global oil industry ‘extraordinary’

Chevron Chief Executive Officer Mike Wirth says Guyana has experienced an “extraordinary” rise as a global energy producer, outlining the country’s rapid emergence as...
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Latest News

Eco Atlantic to acquire JHI in US$52M deal, gaining stake in Falklands basin and Guyana’s Canje Block

Eco (Atlantic) Oil & Gas Ltd. announced on March 11, 2026 that it has signed a binding agreement to acquire the remaining shares of...

Noble rig secures $375,000 dayrate contract to drill wells offshore Trinidad and Tobago

Global offshore rig activity remained steady at the start of 2026, with several new drilling contracts awarded, including a major fixture offshore Trinidad and...

Suriname positions oil and gas as catalyst for ‘Suriname 3.0’

PARAMARIBO, SURINAME – As offshore oil development moves closer to production, Suriname’s government is outlining a longer-term economic vision aimed at ensuring oil revenues...

Chinese companies among 10 groups vying to build fertilizer plant in Guyana 

Ten groups, including several Chinese companies, have submitted proposals to build Guyana’s planned ammonia and urea fertilizer plant at Wales, according to tender opening...

Chevron CEO: Guyana’s rise in global oil industry ‘extraordinary’

Chevron Chief Executive Officer Mike Wirth says Guyana has experienced an “extraordinary” rise as a global energy producer, outlining the country’s rapid emergence as...
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Gwen Evelyn leads Energy Guyana Magazine as sector and readership grow

Over the course of her distinguished career, veteran journalist and Editor-in-Chief Gwen Evelyn has consistently united refined professional decorum with incisive, disciplined focus.  That dedication...

Letter-to-the-Editor: The Evolution of Local Content in Guyana

Dear Editor, The story of local content in Guyana is, in many ways, the story of our economic coming of age. What began as a...

Senate vote could open French Guiana to exploration – what it could mean for Guyana and Suriname

A vote in France’s Senate could ultimately reshape the competitive and geological landscape of the Guyana-Suriname Basin, with potential implications for both Guyana’s Stabroek-led...

The PAA Series: Environmental Management – Decommissioning (Part 3)

In PAA Series: Environmental Management - Decommissioning Part 2, we highlighted that, “The most significant steps in reducing adverse environmental influence are for the...

Regional

Eco Atlantic to acquire JHI in US$52M deal, gaining stake in Falklands basin and Guyana’s Canje Block

Eco (Atlantic) Oil & Gas Ltd. announced on March 11, 2026 that it has signed a binding agreement to acquire the remaining shares of...

Noble rig secures $375,000 dayrate contract to drill wells offshore Trinidad and Tobago

Global offshore rig activity remained steady at the start of 2026, with several new drilling contracts awarded, including a...

Suriname positions oil and gas as catalyst for ‘Suriname 3.0’

PARAMARIBO, SURINAME – As offshore oil development moves closer to production, Suriname’s government is outlining a longer-term economic vision...
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ExxonMobil advances Goatfish-1 drilling in Southeast portion of Stabroek Block

ExxonMobil Guyana Limited on February 19, 2026 continued exploration drilling at the Goatfish-1 well site in the Stabroek Block, according to a notice issued...

NGL facility,  228 MW from Guyana’s Gas-to-Energy plant this year – Brassington

Winston Brassington, head of Guyana’s Gas-to-Energy Taskforce, said the Natural Gas Liquids (NGL) facility at Wales will be ready...

Suriname puts 60% of offshore basin on offer in new Staatsolie open-door program

Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the...
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Exxon hits 900,000 barrels of oil per day in Guyana as Yellowtail reaches full capacity

ExxonMobil Guyana announced on Wednesday that the country’s daily oil production has reached a new milestone of 900,000 barrels per day, following the ramp-up...

Yellowtail boost lifts Guyana’s oil output to 685,000 b/d in August

Oil production offshore Guyana averaged 685,000 barrels per day (b/d) in August, up from 664,000 b/d in July, driven...

ONE GUYANA FPSO equipped to ensure uninterrupted gas handling offshore – GoG

The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the...
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Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The prospect is located about 170...

Russia strikes black gold off British Antarctic coast, 511 billion barrels worth 

(Yahoo News, May 13, 2024): Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading...

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
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ExxonMobil Guyana oil output climbs to new high in January with Yellowtail boost

Oil production offshore Guyana averaged 915,000 barrels per day (b/d) in January 2026. Government data shows that output across the four ExxonMobil-operated projects in the...

The TotalEnergies 2025 PSA: A Modern, Modular Approach to Petroleum Sharing Agreements 

On November 11, 2025, the Government of Guyana (GoG), through the Ministry of Natural Resources (MoNR), signed a Petroleum Sharing Agreement (PSA) with the...

Sponsored Content

UAL sees regional cargo upside as Guyana and Suriname offshore activity expands

Universal Africa Lines (UAL) is aligning its shipping network around rising offshore oil and gas activity in Guyana and Suriname, with increased sailings and...

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