President Dr. Mohamed Irfaan Ali today said Guyana must leverage its rapidly expanding oil and gas sector to secure long-term sustainability. He was at the time delivering the feature address at the opening of the country’s 5th Energy Conference...

Cross-border technology transfer is essential to strengthening Guyana’s private sector beyond oil and gas, according to Captain Gerald Gouveia Jr., Chairman of the Private Sector Commission (PSC). Gouveia told OilNOW last week that technology is already driving growth in the...

TotalEnergies is considering a move toward more integrated well contracts for its offshore development in Suriname, Chief Executive Officer Patrick Pouyanné said during the company’s fourth-quarter 2025 earnings call on February 12. Pouyanné told analysts the company is refining how...

Guyana’s Ministry of Natural Resources, through the Local Content Secretariat, has launched its online portal to speed up local content certification and reduce delays, as the government seeks to improve efficiency in the oil and gas supply chain. Michael Munroe,...

Guyana’s local content legislation, originally crafted for the oil and gas industry, is influencing investor behaviour across other sectors of the economy, Natural Resources Minister Vickram Bharrat said on Tuesday, February 10. The Local Content Act, legislated at the end...

Noble Corporation is expected to kick off its first Vendor Day for 2026 on February 19 at 10 AM as it looks to expand its base of Guyanese suppliers.  Noble operates four drill ships in Guyana’s Stabroek Block for ExxonMobil....

Dear Editor, As a Guyanese watching the country’s oil and gas sector grow, I am encouraged to see the efforts to prepare our people for the opportunities it brings. Too often, we hear only criticism, but I believe there is...

According to the recently released 2023 Extractive Industries Transparency Initiative (EITI) report, Guyana’s extractive revenues totaled US$1.97 billion (approx. GY409.26 billion), with the oil and gas sector accounting for $1.879 billion (GY$391.05 billion) or 95.6%.  This represents an increase of...

Dear Editor, I listened to the budget presentation where the Finance Minister projected that Guyana’s economy will grow by 16.2% this year, driven largely by oil and gas. It was another reminder of just how dramatically our country has changed...

Subsea7 is positioning the Subsea Integration Alliance (SIA) as a core delivery model for offshore developments in Guyana, Suriname, and other deepwater regions, citing more than a decade of large-scale subsea execution under the alliance. SIA is a global strategic...