Rystad Energy said TotalEnergies’ GranMorgu development offshore Suriname will feature a 50,000 ton topside and gas-processing capacity of 500 million cubic feet per day (MMcf/d), underscoring the country’s emergence in the floating production, storage and offloading (FPSO) segment.
In a...
Have you ever wondered what the much-discussed Berbice-focused gas development in Guyana is really about? Here’s what we know so far.
The Berbice Gas Development
The Berbice gas development is a potentially large-scale project aimed at producing and piping mainly non-associated...
Dr. Peter Ramsaroop, Chief Executive Officer of the Guyana Office for Investment (Go-Invest), said oil and gas revenues being generated through activities at the Stabroek Block are creating the fiscal space for Guyana to build artificial intelligence (AI) infrastructure...
The Kaieteur and Canje Blocks are among Guyana’s offshore assets outside the prolific Stabroek Block.
At the Kaieteur Block, ExxonMobil was the operator and holding 35% interest, with Ratio Petroleum Energy Limited 25%, Cataleya Energy Limited 20% and Hess Corporation...
Dutch floater specialist, SBM Offshore, expects sustained demand for large and complex floating production vessels, identifying at least 16 floating production, storage and offloading (FPSO) vessel prospects over the next three years.
The outlook was shared during the company’s 2025...
SBM Offshore reported Directional revenue of US$5.1 billion for the full year 2025, with Directional earnings before taxes, interest, depreciation and amortization (EBITDA) of US$1.7 billion. This comes as the company expanded its fleet and advanced major projects in...
ExxonMobil Guyana President Alistair Routledge said the country’s long-term prosperity will depend less on physical infrastructure and more on developing human capability, as the company outlined details of its US$100 million, 10-year STEM education investment.
In a February 24 release,...
Nicolas Ali, Quality, Health and Safety, Food Safety and Environmental Manager at Newrest Guyana, says developing people and strengthening systems offshore is the most rewarding part of his job.
Speaking on the February 12 episode of ExxonMobil Guyana’s Onshore Diaries,...
Guyana is planning another 300-megawatt (MW) gas-fired power plant, this time in the Berbice region, Dr. Mahendra Sharma, Chief Executive Officer of the Guyana Energy Agency (GEA), said.
During a panel discussion at the Guyana Energy Conference last week, Dr....
Suriname’s Minister of Oil, Gas and Environment, Patrick Brunings, has confirmed that discussions were held with Guyana’s President Irfaan Ali during the Guyana Energy Conference this week regarding potential collaboration between the two countries on gas-to-energy development.
Speaking to OilNOW...