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Petrobras commits US$2.14B to construct eight offshore support vessels, create 7,000 jobs

Petrobras has contracted DOF Subsea to construct and operate four offshore support vessels for US$2.14 billion (R$11 billion), a move expected to generate roughly 7,000 direct and indirect jobs and strengthen Brazil’s shipbuilding industry, according to a company statement...

Trinidad LNG output rises in 2025 despite feedgas availability challenges

Trinidad and Tobago’s liquefied natural gas (LNG) production increased in 2025 for the first time since 2022, even as the country continues to face feedgas supply constraints from mature offshore reservoirs, according to an Energy Chamber of Trinidad and...

Surinamese graduates in GranMorgu training program meet SBM Offshore CEO in Malaysia

Surinamese graduates participating in the training program linked to the GranMorgu offshore oil development met with SBM Offshore’s CEO Øivind Tangen on May 12, 2026 in Kuala Lumpur, Malaysia. The graduates are part of the STS Graduate Program, launched earlier...

Guyana settles Gas-to-Energy disputes, keeps end-2026 start-up timeline

The Guyana government said on Thursday it had settled contractual disputes tied to the country’s flagship Gas-to-Energy project, while reaffirming that first power from the development remains targeted for the end of 2026. The disputes involved work being carried out...

Trinidad offshore geology similar to Angola, Guyana deepwater reservoirs, pointing to oil potential – Ardill

Trinidad and Tobago’s offshore geology shows similarities with deepwater reservoirs in Angola and Guyana, pointing to continued exploration potential in the region, ExxonMobil’s Vice President of Exploration John Ardill said on May 5.  According to Reuters, Ardill told the Offshore...

Steam turbine, key processing units installed at Wales Gas-to-Energy site, contractor says

Lindsayca, which is building an integrated gas processing facility for Guyana’s Gas-to-Energy (GtE) project, said it installed major processing equipment at the project’s Wales, West Bank Demerara site. In a May 13 LinkedIn post, the company stated that “lifting operations...

Gas-to-Energy project: Understanding Guyana’s ‘free gas’ arrangement with ExxonMobil

Guyana’s Gas-to-Energy project includes a gas sales agreement with the Stabroek Block co-venturers. At the same time, government officials have repeatedly said that the natural gas to be brought to shore is “free.” The distinction here lies in what the...

SPE exploring deeper partnership in Guyana’s oil and gas workforce development

HOUSTON, TEXAS – The Society of Petroleum Engineers (SPE) International is looking to deepen its support for Guyana’s workforce development efforts as the country expands technical training for the oil and gas sector. Susan Howes, incoming President of SPE, raised...

Brazil gas supply rises 12% in 2025 on higher output, weaker hydropower – IEA

Brazil’s primary gas supply rose by 12% in 2025, driven by higher domestic production and reduced hydropower generation, the International Energy Agency (IEA) said in its Global Energy Review 2026. The IEA said the gains in Brazil contrasted with mixed...

Hess says large-scale seismic surveys helped unlock Guyana’s offshore oil basin

HOUSTON, TEXAS — Hess Corporation’s Guyana Appraisal Director Tim Chapman said advances in seismic imaging played a major role in unlocking Guyana’s offshore oil resources after decades of unsuccessful exploration activity in the basin. Chapman spoke during a panel discussion...

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Guyanese rescue swimmer supports successful offshore medical evacuation by OHI Guyana

A Guyanese rescue swimmer was part of a multinational crew that carried out a medical evacuation offshore Guyana on...