Regional

Caribbean Energy Week opens in Suriname with regional leaders, investors in focus

PARAMARIBO, SURINAME - Caribbean Energy Week opened on Tuesday in Paramaribo, Suriname, drawing regional leaders, investors and industry executives to discuss oil, gas and the energy transition. The event, held at the Royal Torarica ballroom, brings together stakeholders to examine...

Touchstone’s CR- 3 well gas throughput rose to 21.5 MMcf/d

Touchstone Exploration Inc. reported increased natural gas output in Trinidad and Tobago after bringing the Carapal Ridge 3 (CR-3) well on stream in the Central block. The company in a statement today, said the CR-3 well was successfully tied into...

Guyana lodges protest over reported Corentyne River charges imposed by Suriname

President Irfaan Ali said the Guyana government has formally protested reported charges instituted by authorities in Suriname for the use of the Corentyne River, an issue affecting timber and quarry operators. The statement was made on March 26, 2026, via...

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 Suriname-Guyana Basin. The initiative was formally announced by Managing Director Annand Jagesar, who stated, “This initiative opens new opportunities for...

Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali, President of the Co-operative Republic of Guyana in Nieuw Nickerie, Suriname Jennifer Geerlings-Simons, President of the Republic of Suriname and Dr....

Suriname’s upstream sector poised for US$9.5 billion investment – Rystad Energy  

Capital investment in Suriname’s upstream oil and gas sector is set to grow significantly, with spending projected to reach US$9.5 billion between 2024 and 2027, according to Rystad Energy. This surge is driven by the TotalEnergies-operated GranMorgu project and new...

Suriname among top oil frontiers, 2.2 billion boe secured since 2020 – Norway firm

Suriname is set for a wave of oil and gas exploration, with industry giants Shell, TotalEnergies, and Chevron leading efforts to tap into the country’s promising offshore reserves. Operators plan to drill around 10 wells between 2025 and 2027...

Venezuela received over US$1 million in oil payments plus confidential signing bonus for Dragon gas deal – Young 

As concerns mount for the future of the Dragon gas development, Trinidad’s Energy Minister Stuart Young told local media that the country has already doled out payments to Venezuela.  Young, quoted in the TT Daily Express said Venezuela was paid...

Trump killed Chevron’s Venezuela oil deal. Is Dragon gas next? 

President Donald Trump has cut off the Biden-era financial lifeline to Venezuela by revoking Chevron’s oil export deal. Now, questions loom over the Dragon gas project between Trinidad and Tobago and Venezuela—could it be next?  Trump, via his Truth Social...

Suriname’s first offshore project advances as TotalEnergies receives FPSO hull

The Multipurpose Floater C (MPF C) Fast4Ward hull reserved by SBM Offshore for Suriname’s GranMorgu offshore development has been delivered, TotalEnergies announced. The hull was reserved in June last year. It was fabricated by China Merchants Heavy Industry (CMHI). “We...

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University of Guyana to expand port, marine, aviation education as oil and gas jobs grow

The University of Guyana is moving to expand technical education offers in port, marine, and aviation as employment opportunities...