Regional

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...

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...

Following the culmination of the annual Heads of Government meeting of the Caribbean Community and Common Market (CARICOM) in Suriname, leaders issued a communique reiterating the regional body’s support for Guyana’s sovereignty and territorial integrity, as Venezuela persists with...

Increased deepwater action offshore Suriname has created a need for large port facilities to service the nation’s expanding oil and gas industry. Three companies; the Emirati-based DP World, HJ de Vries Project Development N.V. and FIRM Engineering N.V. have partnered to fill...

Norway based Rystad Energy says South America looks set to remain a global exploration hot spot for the next two years, driven primarily by activity in Brazil, Guyana, Suriname and Colombia. The region has seen a recovery in activity...

The Georgetown Chamber of Commerce and Industry (GCCI) has become a member of the CARICOM Private Sector Organization (CPSO), a service organization that mobilises and advances private sector participation within the Caribbean Community and Common Market (CARICOM).  The Chamber announced...

Head of Trinidad and Tobago’s Permanent Local Content Committee, Jemma Langley, Thursday advised Suriname to conduct a gap analysis. In the context of local content and the oil and gas sector, a gap analysis would measure the actual capacities and...

Upskilling Guyanese to adequately service Guyana’s massively expanding oil and gas sector is a priority of the Dr. Mohamed Irfaan Ali-led government. In seeking to achieve this goal, President Ali announced Thursday that over US$100 million will be invested...

Paramaribo, Suriname – On Tuesday, Suriname and Trinidad and Tobago (TT) further deepened the partnership between their energy sectors with the signing of a Memorandum of Understanding (MOU) between Staatsolie Maatschappij Suriname N.V. and TT state-owned energy companies – Paria Fuel...

Ramps Logistics says it will accede to document requests made by the Local Content Secretariat, in its bid to be placed on Guyana’s Local Content Register. It said this in a statement after receiving a letter from the Secretariat’s Director,...