Regional

Guyana trade union defends agreement with T&T body, says country can learn from pitfalls

Following criticism from the Guyana Oil and Gas Energy Chamber (GOGEC) that its recent collaboration with Oilfield Workers Trade Union (OWTU) of Trinidad and Tobago could mean trouble, the Guyana Agricultural Workers' Union (GAWU) has come out to defend itself. While the Chamber...

Large number of ships heading to South America, Caribbean with refined products

(S&P Global Platts) A large fleet of refined product cargoes was en route July 19 to the southern part of South America to fill winter and harvest needs and to the Caribbean to fill summer tourist demand. Platts cFlow ship and...

Unlocking potential of Suriname’s 30 billion boe could be transformational – Legal Advisor

The most striking news to emerge from Suriname’s recently concluded Energy, Oil and Gas Summit (SEOGS) 2022 was uttered by the Vice President of Offshore at Staatsolie, Glenn Corrie – that 30 billion barrels of oil equivalent awaits discovery in the South American nation’s...

Anna Nery FPSO in voyage to Brazil

Petrobras said last Friday that the Anna Nery floating production storage and offloading (FPSO) vessel began its voyage to Brazil, from the Cosco Qidong shipyard in China. The platform is expected to start producing oil in 2023 in the...

Rich countries have “no moral authority” to tell Guyana, Suriname, T&T to keep oil in the ground

The climate crisis has seen wealthy countries that have built and transformed their economies with oil and gas, calling on countries in Africa, South America and the Caribbean, to hold off on developing their hydrocarbon resources. Calls have mounted for...

Despite multiple discoveries, no timeline yet for first oil in Suriname

Suriname’s Block 58 has churned out five discoveries in total, but operator TotalEnergies E&P Suriname B.V. is yet to make a Final Investment Decision (FID). Government officials expressed hope during the recently held Suriname Energy, Oil and Gas Conference (SEOGS) that this...

T&T opens bid round; one nearshore, 10 onshore blocks up for grabs

Trinidad and Tobago’s prime onshore and nearshore oil blocks are up for grabs as the twin-island republic launched a fresh competitive bid round, running up to January 9, 2023. All interested bids must be submitted by that deadline. Information from T&T’s...

Petrobras wildcat strikes oil in Brazil’s pre-salt

Petrobras said it found oil at the pioneer well 1-BRSA-1383A-RJS (Alto de Cabo Frio Central Noroeste) in the pre-salt of the southern part of the Campos Basin. The well is 230 kilometers (km) from the city of Rio de Janeiro-RJ, in...

Could Block 58 become the next Stabroek?

Controlled by TotalEnergies and APA Corporation, Block 58 has churned out major discoveries – five thus far. Though few, compared to Guyana’s Stabroek Block, the discoveries have piqued investor interest leaving a lingering question – could Block 58 become...

Suriname’s upcoming bid round: 8 million acres of shallow water blocks up for grabs – Staatsolie

Investors have already lined up to grab Suriname’s deepwater blocks when the auction opens later this year. But Staatsolie’s Offshore Vice President, Glenn Corrie is urging that attention also be paid to the shallow water auction set for 2023. That...

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Guyana Business Chamber urges halt to Corentyne Bridge talks over Suriname waterway fees

The Georgetown Chamber of Commerce and Industry (GCCI) on April 3, 2026 called on the Government of Guyana to...