The Institute of Private Enterprise Development (IPED) has launched a new invoice financing loan product aimed at providing short-term working capital to businesses operating in Guyana’s oil and gas sector and other productive industries. The facility is designed to support...

Global offshore rig activity remained steady at the start of 2026, with several new drilling contracts awarded, including a major fixture offshore Trinidad and Tobago. In a March 11 LinkedIn update, Westwood Global Energy Group said the offshore rig market...

PARAMARIBO, SURINAME – As offshore oil development moves closer to production, Suriname’s government is outlining a longer-term economic vision aimed at ensuring oil revenues translate into broader national development. In an interview with the Communications Service Suriname on February 26,...

Energy Guyana Magazine will mark International Women’s Day on March 8, 2026, with the release of a special edition titled Women in Oil and Gas—Balancing the Scales, according to a press release seen by OilNOW. The publication said the edition...

As part of Guyana’s expanding Gas-to-Energy project, ten groups have submitted proposals to the government for the design, construction, and operation of a cooking gas bottling and logistics facility planned for Wales, West Bank Demerara. In October 2025, the Office...

Rystad Energy said TotalEnergies’ GranMorgu development offshore Suriname will feature a 50,000 ton topside and gas-processing capacity of 500 million cubic feet per day (MMcf/d), underscoring the country’s emergence in the floating production, storage and offloading (FPSO) segment. In a...

Have you ever wondered what the much-discussed Berbice-focused gas development in Guyana is really about? Here’s what we know so far. The Berbice Gas Development The Berbice gas development is a potentially large-scale project aimed at producing and piping mainly non-associated...

Dr. Peter Ramsaroop, Chief Executive Officer of the Guyana Office for Investment (Go-Invest), said oil and gas revenues being generated through activities at the Stabroek Block are creating the fiscal space for Guyana to build artificial intelligence (AI) infrastructure...

The Kaieteur and Canje Blocks are among Guyana’s offshore assets outside the prolific Stabroek Block. At the Kaieteur Block, ExxonMobil was the operator and holding 35% interest, with Ratio Petroleum Energy Limited 25%, Cataleya Energy Limited 20% and Hess Corporation...

Dutch floater specialist, SBM Offshore, expects sustained demand for large and complex floating production vessels, identifying at least 16 floating production, storage and offloading (FPSO) vessel prospects over the next three years. The outlook was shared during the company’s 2025...