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New build FPSO proposed for Haimara to process up to 1.5 billion cubic feet of gas per day

ExxonMobil Guyana’s proposed Haimara development offshore Guyana would use a newly built floating production, storage and offloading vessel designed to process up to 1.5 billion cubic feet of produced natural gas per day (bcf/d). The details are contained in the...

PSC Chairman says Guyanese businesses have proved doubters wrong in oil and gas sector

Captain Gerald Gouveia Jr. says Guyanese businesses are better prepared to meet international oil and gas standards and prove doubters wrong. Speaking at the PSC’s Annual General Meeting 2026 on May 29, Gouveia said local companies are ready to expand...

Petrobras taps SBM Offshore for pair of offshore production units

SBM Offshore has been awarded contracts by Brazil's state-run oil company Petrobras to design, build and operate two floating production, storage and offloading (FPSO) vessels for the Sergipe-Alagoas basin offshore northeastern Brazil, the Dutch company said on Friday. The projects,...

ExxonMobil Guyana begins subsea pipeline inspections for Gas-to-Energy project 

ExxonMobil Guyana Limited (EMGL) has commenced subsea pipeline inspection activities for Guyana’s Gas-to-Energy (GtE) project, stretching from the West Coast of Demerara to offshore sections within the country’s exclusive economic zone (EEZ). According to a notice from the Maritime Administration...

What is retrograde gas? Exxon’s proposed Haimara project brings new term into Guyana’s oil vocabulary

ExxonMobil Guyana’s proposed Haimara development is introducing a new technical term to Guyana’s oil and gas industry: retrograde gas. The term appears in the company’s project summary for Haimara, which has been submitted for environmental review. The project has not...

Three of four bypass stacks installed at Wales for Gas-to-Energy project, contractor says

Lindsayca, the contractor developing the integrated gas processing facility under Guyana’s Gas-to-Energy (GtE) project, said it installed three heat-recovery steam generator (HRSG) bypass stacks at the Wales, West Bank Demerara site. The U.S.-based contractor, in a LinkedIn post on May...

SBM Offshore receives ABS approval for subsea cooling technology aimed at cutting FPSO emissions

SBM Offshore has received a Statement of Maturity from the American Bureau of Shipping (ABS) for its seawater intake riser (SWIR) technology, a subsea cooling system designed to improve energy efficiency and reduce emissions on floating production, storage, and...

Exxon’s Haimara plan also targets gas resources at Hatchetfish, Bluefin

ExxonMobil Guyana’s project summary for the intended Haimara gas development noted plans to also tap the Hatchetfish and Bluefin wells.  Published on the Environmental Protection Agency’s website, the summary outlined “The proposed Haimara Development Project…will develop the Haimara, Bluefin and...

ExxonMobil Guyana, SBM Offshore to join Process Safety Forum 2026 in Trinidad on May 28 

ExxonMobil Guyana and SBM Offshore Guyana are among regional energy companies expected to participate in the Process Safety Forum 2026, scheduled for May 28 at the Cara Suites Hotel & Conference Centre in Claxton Bay, Trinidad. The event is being...

SBM Offshore subsidiary seeks local suppliers for steel, timber and safety equipment

Guyana Deep Water Operations Inc. (GDO), a subsidiary of SBM Offshore, is seeking information from Guyanese suppliers for steel fabrication, timber supply and protective equipment. The company issued a request for information (RFI) on May 15, noting that the process...

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S&P expects US$17B in capital investments offshore Suriname in next five years, mostly for Block 58

PARAMARIBO, SURINAME – S&P Global Energy expects more than US$17 billion to be invested in Suriname's offshore oil developments...