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Guyana’s Yellowtail crude to enter market in competition with U.S. WTI and Argentina’s Medanito

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Guyana’s Yellowtail crude, from the country’s fourth offshore development, is set to hit international markets in the third quarter of 2025, with a lighter and sweeter profile than the country’s current grades.  The new grade is expected to compete directly...
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Berbice emerging as a key development hub amid Guyana’s rapid growth

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Former Dutch colony along Guyana’s coastline, Berbice, is steadily emerging as the country's next hub for development, with increased investments, infrastructure upgrades, and growing interest from stakeholders.  Major projects have already been set in motion in the country’s ‘Ancient County’,...
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Baker Hughes posts record Q1 results, secures key Guyana and global deals

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Baker Hughes announced strong first-quarter results, driven by “record orders and major contract wins. The company released its 2025 quarter report on April 22, revealing that it has secured a significant award from ExxonMobil Guyana. It will supply specialty chemicals...
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SBM Offshore seeks vendor for genetec access control maintenance in Guyana

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Guyana Deep Water Operations Inc. (GDO), a subsidiary of SBM Offshore, has issued a request for information (RFI) seeking vendors to support and maintain its Genetec Access Control Systems at its Georgetown offices. The selected vendor will be responsible for...
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Guyana’s oil boom could surpass Mexico’s declining sector by 2030

OilNOW -
The global oil industry is changing, with Guyana's production rising quickly while Mexico's output declines. This is according to Adrian Duhalt, a fellow at the Texas-Mexico Center at the Southern Methodist University, who pointed out their contrasting paths. “Guyana’s oil...
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Guyana ranks 5th largest crude oil exporter in Latin America – Forbes 

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Forbes has ranked Guyana as the 5th largest crude oil producer in the Latin American (LATAM) region. Guyana comes “after Brazil, Mexico, Venezuela, and Colombia,” Forbes said in a March 12 article.  “That's as ExxonMobil, and its partners Hess Corp...
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Suppliers scope out potential opportunities at SBM Offshore’s Let’s Talk Local Content Forum 

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Suppliers eager to play a role in Guyana’s oil and gas sector through SBM Offshore Guyana listened earnestly as the company outlined potential opportunities at its Let’s Talk Local Content Forum.  The event capped a week of oil and gas...
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Payara production hits 100 million barrels – Exxon

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ExxonMobil Guyana’s Payara development surpassed 100 million barrels this week, the company announced via LinkedIn.  “The Payara project started up just 15 months ago – it’s our third Guyana production project. Later this year, we look forward to starting up...
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SBM Offshore Guyana seeking next cohort of graduate engineers for its trainee program

OilNOW -
SBM Offshore Guyana is once again searching for Guyanese talent in the engineering field as it kicks off its Graduate Trainee program.  According to a notice published on its Facebook page, SBM Offshore Guyana said the opportunity is designed to...
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Europe took 75% of Guyana’s oil cargoes in January 

Kemol King -
Tankers taking off crude from ExxonMobil’s Stabroek Block went mostly to Europe in January.  According to Guyana’s Maritime Administration Department (MARAD), 20 lifts—each consisting approximately a million barrels— were taken off in January. Fifteen of them went to Europe, based...
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MODEC launches new offshore training intake for Guyanese technical graduates

MODEC has launched a new intake for its Offshore Technical Trainee Program in Guyana. This initiative follows the launch...

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