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SBM Offshore directional revenue hits US$5.1B in 2025 as fleet expands to 16 FPSOs

SBM Offshore reported Directional revenue of US$5.1 billion for the full year 2025, with Directional earnings before taxes, interest, depreciation and amortization (EBITDA) of US$1.7 billion. This comes as the company expanded its fleet and advanced major projects in...

‘The pipeline that matters most for Guyana’s future won’t carry oil or natural gas. It will carry talent’ – Routledge

ExxonMobil Guyana President Alistair Routledge said the country’s long-term prosperity will depend less on physical infrastructure and more on developing human capability, as the company outlined details of its US$100 million, 10-year STEM education investment. In a February 24 release,...

From national badminton champion to offshore safety leader: Nicolas Ali on raising food standards in Guyana

Nicolas Ali, Quality, Health and Safety, Food Safety and Environmental Manager at Newrest Guyana, says developing people and strengthening systems offshore is the most rewarding part of his job. Speaking on the February 12 episode of ExxonMobil Guyana’s Onshore Diaries,...

Guyana plans an additional gas-fired power plant in Berbice

Guyana is planning another 300-megawatt (MW) gas-fired power plant, this time in the Berbice region, Dr. Mahendra Sharma, Chief Executive Officer of the Guyana Energy Agency (GEA), said. During a panel discussion at the Guyana Energy Conference last week, Dr....

Minister Brunings confirms talks with Guyana on potential Gas-to-Energy collaboration with Suriname 

Suriname’s Minister of Oil, Gas and Environment, Patrick Brunings, has confirmed that discussions were held with Guyana’s President Irfaan Ali during the Guyana Energy Conference this week regarding potential collaboration between the two countries on gas-to-energy development. Speaking to OilNOW...

SBM Offshore, Local Content Secretariat push transparency and digitization at ‘Let’s Talk Local Content’ forum

Transparency, access and supplier readiness were at the center of discussions on Thursday when industry and government officials addressed the ‘Let’s Talk Local Content’ forum.  The forum was held on day three (February 19) of the Guyana Energy Conference and...

Guyana’s downstream natural gas to be governed by new Oil and Gas Operations Bill – Legal Affairs Minister 

Downstream natural gas activities in Guyana will be regulated under a new Oil and Gas Operations Bill, Minister of Legal Affairs Anil Nandlall announced on day three of the Guyana Energy Conference and Supply Chain Expo. Nandlall was at the...

NGL facility,  228 MW from Guyana’s Gas-to-Energy plant this year – Brassington

Winston Brassington, head of Guyana’s Gas-to-Energy Taskforce, said the Natural Gas Liquids (NGL) facility at Wales will be ready before year's end, while only part of the 300 megawatt (MW) power plant will deliver electricity this year. He provided the...

UAL sees regional cargo upside as Guyana and Suriname offshore activity expands

Universal Africa Lines (UAL) is aligning its shipping network around rising offshore oil and gas activity in Guyana and Suriname, with increased sailings and regional connections supporting project cargo flows. Speaking with OilNOW at the company’s booth during day two...

Suriname advancing dual-track gas strategy in Block 52 – Staatsolie Managing Director announces 

Suriname is advancing a dual-track gas strategy in Block 52 as it moves toward offshore production, according to Annand Jagesar, Managing Director at the state oil company Staatsolie. In his address on day two (February 18) of the Guyana Energy...

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TechnipFMC posts US$2.49B Q1 revenue, US$260.5M profit as subsea orders hit US$1.9B

TechnipFMC reported first-quarter 2026 revenue of US$2.49 billion, with net income attributable to the company at US$260.5 million, according...