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Hunting wins $63.5 million subsea orders for new FPSO development offshore Guyana

Hunting PLC on April 7 said it has been awarded US$63.5 million in orders for its titanium stress joint (“TSJ”) product line for a new offshore development in Guyana.  Hunting noted that “the award will be completed by the Group’s...

Halliburton, PETRONAS Suriname, Valaris align early for offshore development execution

Halliburton has signed a Strategic Collaboration Agreement with PETRONAS Suriname Exploration & Production B.V. and Valaris to support development of offshore assets in Suriname, the company said on April 6, 2026. The agreement brings the three companies together at an...

Romona Leonard charts her offshore path aboard the Stena DrillMAX

From hospitality roots to offshore responsibility in Guyana’s oil and gas industry, Romona Leonard supports daily operations onboard the Stena DrillMAX.  Her journey offshore Guyana was recently featured in Stena Drilling’s Meet the Team series, shared on LinkedIn on March...

Why drilling updates offshore Guyana do not always mean more oil

Updates on offshore drilling activity may trigger expectations of new oil discoveries, but in practice, each well serves a different purpose, and not all lead to commercial production. In Guyana’s Stabroek Block, where ExxonMobil and its co-venturers continue an active...

Afreximbank opens direct financing pathways for Surinamese firms targeting oil and gas contracts

Afreximbank is positioning itself as a direct financing partner for Surinamese companies seeking to compete for oil and gas contracts, Acting Regional Chief Operating Officer for the Caribbean, Okechukwu Ihejirika, told OilNOW at Caribbean Energy Week in Paramaribo. He pointed...

ExxonMobil continues Hammerhead drilling with Noble Don Taylor offshore Guyana

ExxonMobil Guyana Limited will continue developmental drilling at the Hammerhead project’s HH_1101 drill center offshore Guyana, according to Guyana’s Maritime Administration Department.  The notice stated that the work is being carried out within the Stabroek Block in Guyana’s Exclusive Economic...

Suriname’s open-door policy offers customizable offshore contracts, study-first option

Staatsolie’s open-door offering allows companies to choose contract types, define acreage, and design work programs, giving operators more control over how they enter and explore offshore blocks. Speaking on the sidelines of Caribbean Energy Week, Offshore Exploration Manager Sharista Kisoensingh...

University of Guyana to expand port, marine, aviation education as oil and gas jobs grow

The University of Guyana is moving to expand technical education offers in port, marine, and aviation as employment opportunities grow alongside the country’s oil and gas sector. Outgoing Vice Chancellor Dr. Paloma Mohamed confirmed the plan during an exclusive...

Trinidad to pursue Venezuela gas development after OFAC allows non‑U.S. firms under general licenses

The Energy Chamber of Trinidad and Tobago said a recent update by the U.S. Office of Foreign Assets Control (OFAC) could clear the way for Trinidad and Tobago to engage in Venezuela gas development without seeking special U.S. licenses. In...

BIT eyes scaffolding training rollout with support from SBM Offshore Guyana, Panthera

The Board of Industrial Training (BIT) is looking to roll out scaffolding training as part of efforts to address accidents linked to working at heights in Guyana’s construction sector, with support from a recent equipment donation by SBM Offshore...

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TechnipFMC posts US$2.49B Q1 revenue, US$260.5M profit as subsea orders hit US$1.9B

TechnipFMC reported first-quarter 2026 revenue of US$2.49 billion, with net income attributable to the company at US$260.5 million, according...