Latin America averaged 27 active offshore drilling rigs during the first five months of 2026, according to a July 2 report by the Energy Chamber of Trinidad and Tobago, which noted that the region continues to experience a slowdown. The...

Staatsolie Maatschappij Suriname N.V. has opened a 90-day window for competing proposals after receiving an application for an offshore exploration area under its Open-Door Offering. The proposal covers the DW WEST area in Sector 4. The proposal was announced on...

PARAMARIBO, SURINAME - SEOGS 2026 closed in Paramaribo with a clear message: Suriname’s offshore opportunity is moving from promise to execution. Across four days of speeches, technical sessions, project updates, private sector engagements, and exhibition activity, the Suriname Energy, Oil...

The Centre for Local Business Development (CLBD) has trained more than 10,000 Guyanese over the past five years as part of efforts to strengthen the country’s supplier base and improve competitiveness in the oil and gas sector. The Centre told...

Trinidad and Tobago has introduced new fiscal measures to support the development of marginal marine gas fields, as the country moves to unlock stranded resources and strengthen long-term gas supply. Energy and Energy Industries Minister Dr. Roodal Moonilal outlined the...

Cooking gas from Guyana’s proposed gas bottling plant at Wales, West Bank Demerara, could help lower operating costs for major hotels and restaurants. The Guyana government is currently working on procuring a developer for the facility. The potential benefit would...

Guyana’s offshore oil industry has rapidly evolved into one of the world’s most significant deepwater developments, with production from the ExxonMobil-operated Stabroek Block averaging 903,000 barrels per day (b/d) in April. While ExxonMobil and its co-venturers Hess and CNOOC invest...

PARAMARIBO, SURINAME – Suriname's President Jennifer Geerlings-Simons has urged young people who have left school to return to education and prepare for opportunities expected to emerge from the country’s oil and gas industry. Speaking during a local content session at...

PARAMARIBO, SURINAME – S&P Global Energy expects more than US$17 billion to be invested in Suriname's offshore oil developments over the next five years, with the majority of that capital directed toward projects in Block 58, where the country's...

PARAMARIBO, SURINAME – Suriname’s workforce is poised to be better prepared for the emerging offshore oil and gas industry in the coming years. The Surinamese government, Staatsolie, and TotalEnergies took the first step toward this goal on Wednesday. The...