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Staatsolie to launch offshore open-door offering in November

OilNOW -
Suriname’s state oil company Staatsolie announced it will open a new offshore licensing round on November 24, 2025, giving investors the chance to bid for open acreage under flexible contract terms. The Open-Door Offering will allow companies to select their...
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MODEC seeks subcontractor for industrial gas supply in Guyana

OilNOW -
MODEC Guyana Inc. has announced that it is seeking a subcontractor to provide industrial gas supply services for its operations in Guyana. The company said the subcontractor will be responsible for ensuring high standards of material quality, supply reliability,...
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Promises for oil & gas unveiled as Guyana’s landmark elections now just days away  

OilNOW -
Oil is a major discussion point ahead of Guyana’s September 1 general election. The ruling People’s Progressive Party/Civic (PPP/C) is campaigning on a platform of continuity, while opposition parties vow to impose stricter oversight and secure a greater share...
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T&T’s offshore map redrawn: New projects push energy pipeline forward

OilNOW -
The Energy Chamber of Trinidad and Tobago has released an updated map of upstream activity as of August 2025, showing how several projects have shifted through the development cycle in the past six months.  The map was first unveiled at...
News

A snapshot of Suriname’s oil & gas progress in 2025

Işıl Güneş -
PARAMARIBO, SURINAME - Suriname entered 2025 with growing momentum in its energy sector. Following a series of discoveries offshore, the focus is now shifting toward preparing for commercial production and the long-term development of the industry. The most significant milestone...
News

First-ever Guyanese pilots join OMNI’s offshore operations

Shikema Dey -
OMNI Helicopters has welcomed its first two Guyanese pilots, Yadram Ramcharran and Somant Heerelall, who have completed training to support offshore oil and gas operations in Guyana. Speaking at the graduation ceremony held on Thursday, Gerry Gouveia Jr., Director of...
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Americas oil outlook revised down, but Guyana’s offshore boom remains a bright spot 

OilNOW -
Production across the Americas is forecast to reach 63 million barrels of oil equivalent per day (mmboe/d) by 2031, a 7% increase from 2024, according to Westwood Global Energy Group’s June Wells & Production Outlook – Americas.  However, the consultancy...
News

Saipem completes Yellowtail offshore scope for ExxonMobil Guyana

OilNOW -
Saipem has announced the completion of its contracted scope of work for ExxonMobil Guyana’s Yellowtail field in the Stabroek Block, located in water depths of about 1,800 metres. The contract, awarded in 2022, covered the Engineering, Procurement, Construction, and Installation...
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Suriname emerges as third largest offshore oil investment destination in the Americas – Energy Industries Council 

OilNOW -
Suriname is fast becoming one of the top offshore oil and gas hotspots in the Americas, ranking third in projected offshore exploration and production (E&P) investments by 2030, behind only Brazil and Guyana, according to the Energy Industries Council...
News

Eight Graduate Engineers complete SBM Offshore Guyana programme, nine join new cohort

OilNOW -
Eight young Guyanese engineers have completed SBM Offshore Guyana’s Graduate Engineers’ Programme, marking the end of an intensive 18-month journey that took them across the company’s global operations. The graduates were honoured during a ceremony on August 8, where they...
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Guyana must transform its oil boom into sustainable, broad-based prosperity – Minister Ally 

Guyana’s Minister of Public Service, Government Efficiency and Implementation, Zulfikar Ally, has called on business leaders to convert the...

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