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How Guyana applies its environmental stewardship to offshore oil risk management

Guyana is defined by its water and forests, with nearly 14% of its land covered by rivers and wetlands and over 80% by dense rainforest. As it emerges as a major oil producer, ensuring that progress does not come...

Staatsolie, Suriname tax office launch three-year program to strengthen oil and gas oversight

Staatsolie Maatschappij Suriname N.V. and Suriname’s Tax Department have launched a three-year capacity-building program to strengthen tax and customs expertise in the oil and gas sector. The cooperation document was signed in Paramaribo on April 10, 2026. The initiative will...

“There’s a job waiting for you offshore. Meet the industry’s needs,” Routledge tells 3rd batch of FacTor-trained Guyanese technicians

ExxonMobil Guyana President Alistair Routledge told the third cohort of trainee technicians graduating from the Guyana Technical Training College Inc. (GTTCI) that opportunities offshore are expanding alongside the country’s oil production.  “There’s a job waiting for you offshore. Meet the...

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...

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Guyanese rescue swimmer supports successful offshore medical evacuation by OHI Guyana

A Guyanese rescue swimmer was part of a multinational crew that carried out a medical evacuation offshore Guyana on...