Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects of a project and serve distinct legal purposes. Environmental permits cover the expected environmental and social impacts of operations. Production licenses...

ExxonMobil Guyana is seeking suppliers that can provide environmental, regulatory and socioeconomic consultancy services to support a broad range of offshore and onshore activities in Guyana. The request for information appeared in local newspapers on April 22, 2026. It is...

ExxonMobil Guyana will continue development drilling at the Uaru Project’s UA_3P08 drill center in the Stabroek Block as work advances on one of Guyana’s largest sanctioned offshore developments. The development drilling campaign, according to a recent notice from the Maritime...

Guyana has opened up an estimated US$340 million in gas-based investment opportunities linked to the Wales Gas-to-Energy project, with the government noting that local investors will be prioritized. According to the Department of Public Information (DPI), the Office of the...

TotalEnergies said on April 15 that the hull for the GranMorgu floating production, storage and offloading (FPSO) vessel has entered dry dock in China, a key step as Suriname’s first offshore oil development moves through construction. The company said the...

The University of Guyana will host its Open Day & Job Fair 2026 on April 17 and 18 at the Sattaur and Ameena Gafoor Multipurpose Auditorium, Turkeyen Campus, from 10:00h to 16:00h daily. The event will be held under the...

Brazil’s state oil company Petrobras has approved the final investment decision for the SEAP I project, with SBM Offshore set to construct the platforms for the Sergipe-Alagoas Basin development. The approval advances the Sergipe Águas Profundas (SEAP) project, described as...

Chevron and Shell are expected to sign agreements with Venezuela’s oil ministry and state-owned Petróleos de Venezuela, S.A. (PDVSA) to advance development of the Loran gas field and expand oil operations in the Orinoco Belt. Reuters reported on April 13...

British multinational bp has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco (Atlantic) Oil & Gas, as it looks to grow its upstream portfolio. The agreement covers Petroleum Exploration Licenses 97, 99 and...

Guyana’s Gas-to-Energy project, one of the country’s largest infrastructure undertakings, is being financed through a mix of private investment, government spending, and external borrowing, with costs spread across offshore and onshore components. The project, estimated at about US$2 billion, is...