Chairman of Guyana’s Private Sector Commission (PSC), Captain Gerald Gouveia Jr. says local businesses are taking on bigger roles in the oil and gas sector, including offshore vessel operations, catering, aviation services, and oil block operations.
Speaking with OilNOW this...
Guyana has allocated GY$118.9 million (approximately US$570,000) in its 2026 budget to review ExxonMobil’s proposed Longtail development, Natural Resources Minister Vickram Bharrat said on February 10.
Speaking during consideration of budget estimates, Bharrat said the allocation caters for the “eventuality”...
The Energy Industries Council (EIC) said a growing pipeline of offshore contracts is emerging in Guyana and Suriname as multiple projects advance toward final investment decisions, creating near-term opportunities for the global energy supply chain.
The update was provided by...
The latest episode of ExxonMobil’s Onshore Diaries, published on January 29, features Ishwar Parbhu, a Hoist Operator and Rescue Swimmer with Omni Helicopters. In that episode, he shared what propelled him to enter offshore search and rescue and how...
The Government of Guyana intends to push key petroleum legislation in 2026 to strengthen governance, protect national interests, and ensure the oil and gas sector operates in accordance with international best practices.
This is according to Bobby Gossai, Senior Petroleum...
Dear Editor,
I must commend oil and gas companies for maintaining the locals first approach in operations within the sector, in full compliance with the local content legislation. Recent announcements from several operators signal that this commitment is more than...
Guyana’s Local Content Act (LCA) continues to create opportunities for domestic businesses, with millions earned by Guyanese firms in offshore catering, construction, and engineering in 2025. This is according to Finance Minister, Dr. Ashni Singh.
To date, over 1,200 Guyanese...
ExxonMobil Guyana Limited continued exploration drilling at the Barreleye-3 well site on January 27, 2026, as it advances appraisal work in Guyana’s Stabroek Block.
The operation is being carried out by the mobile offshore drilling unit Noble Don Taylor. Drilling...
TotalEnergies EP Suriname B.V. will host a one-day Oil & Gas Awareness session aimed at strengthening the capacity of local businesses connected to the energy sector.
The session will be held on February 10, from 8:30 a.m. to 4:00 p.m....
The proposed Longtail project is set to become the first development in the Stabroek Block dedicated to gas and condensate production offshore Guyana, a shift from earlier projects that have focused primarily on oil.
Unlike existing developments, Longtail is designed...