Rising geopolitical instability in the Middle East could increase oil revenues for Guyana while also exposing capacity constraints across the Caribbean, according to Philippe Jackson, Partner and Political Risk Advisor at Orinoco Research. In a March 2 LinkedIn post, Jackson...

Guyana, Brazil, and Suriname are set to anchor South America’s dominance in the global floating production, storage and offloading (FPSO) vessel market, with projects valued at approximately US$181 billion between 2021 and 2030, according to Rystad Energy. “South America is...

Artem Abramov, Head of Oil and Gas Research at Rystad Energy, said a US$100-per-barrel oil environment would make companies more willing to accelerate offshore investment decisions, pointing to Guyana as a market already moving quickly. Abramov spoke during a Rystad...

Oil and gas revenues from exploration activities at the Stabroek Block are being used as a catalyst to expand Guyana’s non-oil economy and strengthen long-term competitiveness. This is according to Dr. Peter Ramsaroop, Chief Investment Officer and CEO of...

Touchstone Exploration Inc. said it expects to tie in its Carapal Ridge-3 well for production in late March 2026 and begin drilling on its legacy oil blocks during the same month. The company outlined the plans as part of its...

President of the Caribbean Development Bank (CDB) Daniel Best said Guyana’s energy market is “credible, investable, and strategically important” as the regional lender positions itself to help finance the country’s low-carbon transition. Best delivered remarks on February 17 during the...

Charles Ramson Jr., Guyana’s Minister of Culture, Youth and Sport, has praised ExxonMobil’s recently announced US$100 million investment in science and technology education, calling it a catalyst for the future of Guyanese youth. He was at the time delivering remarks...

Sixteen Secondary Schools, including four from Guyana’s hinterland regions, gathered with a buzz of excitement today, February 26, at the Cliff Anderson Sports Hall for the fourth annual Guyana-Monaco Mousetrap Car Grand Prix hosted by SBM Offshore Guyana. The competition,...

Dear Editor, Observing the development and growth of the oil and gas sector, I note that statements from ExxonMobil and other industry players have consistently emphasized that oil discoveries are intended to contribute to poverty reduction and broader economic mitigation....

Executive Chairman of Ghana-based Cybele Energy, Beatrice Mensah Tayui, said her company will not participate in ‘rent-a-citizen’ arrangements as it enters Guyana’s oil and gas sector. “We (Cybele Energy) will work closely to make sure that there's no such thing...