Showing results for:

Why Guyana’s Corentyne River protest has broader implications

For generations, goods, people, and livelihoods have flowed along the Corentyne River, linking Guyana and Suriname in a steady rhythm of trade that long predates oil, politics, and modern borders. But what happens when that flow is disrupted? Guyana’s recent...

CEW 2026: Grenada targets Q4 2026 launch for oil exploration license bids

Grenada is preparing to invite bids for offshore exploration licenses by the fourth quarter of 2026, as it positions itself for entry into the upstream hydrocarbons sector. “Grenada is open for business and working toward awarding licenses in fourth quarter...

US company locks in lease for $50M/yr LNG import terminal in Brazil

U.S.-based energy company New Fortress Energy has secured a long-term lease and capacity agreement for its Terminal de Gás Sul’s (TGS) Liquefied Natural Gas (LNG) import facility in Santa Catarina, Brazil, a move aimed at bringing the terminal into...

Freight cost warnings mount for Guyana as Strait of Hormuz risks persist

Rising geopolitical tensions in the Middle East are rippling through shipping routes, with signals pointing to higher import costs and renewed inflationary pressure for countries like Guyana. Speaking recently on the Starting Point podcast, Nicholas Deygoo-Boyer, Director of Vreed-en-Hoop Shorebase...

Suriname Business Forum: “An attractive investment climate does not emerge automatically”

PARAMARIBO, Suriname — Steven Debipersad, Chair of the Suriname Business Forum (SBF), said an investment climate must be deliberately built, with the government maintaining macroeconomic stability amid global pressures. Speaking on the second day of Caribbean Energy Week in Paramaribo,...

Stena Carron continues Goatfish-1 drill campaign in Stabroek Block

The Stena Carron drill rig will continue exploration operations at ExxonMobil’s Goatfish-1 well in the Stabroek Block offshore Guyana. A notice from the Maritime Administration Department (MARAD) outlined that drilling activities are scheduled to conclude on May 31, 2026. The Goatfish-1...

Petrobras defers bulk of jet fuel price hike, limits April increase to 18%

Brazil’s state oil company Petrobras said it will apply an 18% increase to aviation kerosene (QAV) prices in April while deferring the remainder of the contracted adjustment through installments, as global energy prices rise amid Middle East tensions. Brazil’s state...

Caribbean Energy Week opens in Suriname with regional leaders, investors in focus

PARAMARIBO, SURINAME - Caribbean Energy Week opened on Tuesday in Paramaribo, Suriname, drawing regional leaders, investors and industry executives to discuss oil, gas and the energy transition. The event, held at the Royal Torarica ballroom, brings together stakeholders to examine...

Meet the contractors that develop Stabroek Block projects beneath the surface

When oil and gas flows from ExxonMobil Guyana’s Stabroek Block, it travels through systems built and installed by a small group of specialized contractors. These companies are the backbone of subsea operations. TechnipFMC is one of the leading players. It...

GranMorgu in full subsea build-out mode with multiple trees completed

The GranMorgu offshore project has entered full subsea build-out mode, with multiple subsea Christmas Trees (XTs) completed, according to a March 30 update by TotalEnergies Suriname General Manager Artur Nunes da Silva. The project recorded its first XT completion in...

Latest News

Environmental permits and production licenses serve distinct roles for oil and gas developments

Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects...