A vote in France’s Senate could ultimately reshape the competitive and geological landscape of the Guyana-Suriname Basin, with potential implications for both Guyana’s Stabroek-led production story and Suriname’s emerging offshore push.  On January 29, the Senate adopted a member’s bill...

The Government of Guyana submitted its 2023 Extractive Industries Transparency Initiative (EITI) report in December 2025. According to the country’s natural resource minister, preparations are well underway for the 2024 submission. In his budget presentation this week, Minister of Natural...

Guyana is projected receive over US$2.4 billion in deposits to the Natural Resource Fund (NRF) in 2026, driven by rising oil production and the startup of the Errea Wittu floating production, storage and offloading (FPSO) vessel. This was disclosed by...

Data collected from new 3D marine seismic surveys across deepwater offshore blocks left unawarded or unresolved in Guyana’s first oil and gas auction will soon play a key role in establishing the country’s first Petroleum Data Repository. The Guyana government...

Guyana’s offshore oil production depends on floating production, storage and offloading (FPSO) vessels. These vessels are designed to handle large volumes of oil and associated gas while operating efficiently and keeping emissions as low as possible. Production in the Stabroek...

Guyana is firmly positioned to maintain its standing as a global model for responsible, safe, and sustainable energy development. This is according to Head of the Environmental Protection Agency’s (EPA) Oil and Gas Department, Sheirdath Ramsammy. Speaking on the agency’s...

The start-up of the ONE GUYANA floating production, storage and offloading (FPSO) vessel in 2025, played a decisive role in driving trade growth, with sharp increases in imports of agricultural machinery and construction materials, according to Finance Minister Dr....

Halliburton Guyana Inc. has issued an Expression of Interest (EOI) for the procurement, construction, and commissioning of a new Baroid laboratory, as the company continues to expand its onshore footprint in the country. The EOI, published recently, invites vendors to...

Guyana has allocated GY$10.7 billion in its 2026 budget to advance its flagship Gas-to-Energy project. This, along with efforts to further the country's gas-based power development and to resuscitate the Amaila Falls Hydropower Project, is part of the country's...

ExxonMobil Guyana averaged 892,000 barrels per day (b/d) of crude oil production in December 2025 across its four producing developments in the Stabroek Block, according to newly released government data. Production by project was 130,000 b/d at Liza 1, 244,000...