Global oil and gas majors are expanding their exploration portfolios, but most new agreements are focused on securing future opportunities rather than committing to immediate drilling activity, according to an analysis by Westwood Global Energy Group. The analysis, published on...

The floating production, storage and offloading (FPSO) vessels operating offshore Guyana may be the most visible part of the nation’s oil industry, but production begins thousands of feet below the ocean surface through a complex network of wells, subsea...

Guyana’s offshore oil industry moved 260 crude cargoes in 2025, carrying production from four floating production, storage and offloading (FPSO) vessels operating in the Stabroek Block to international markets. Every tanker carrying Guyana’s crude must operate within a global framework...

Eco (Atlantic) Oil & Gas and Navitas Petroleum expect to complete negotiations with the Guyana government for a new production sharing Agreement covering the Orinduik Block area in the third quarter of 2026. The agreement would allow the companies to...

Dear Editor, A young person’s home region should never determine how far his or her talent can go. That is why the University of Guyana’s Regional Accelerator for STEM Students Readiness program deserves attention. RASSR is designed to identify, mentor and...

TotalEnergies’ offshore development in Suriname, GranMorgu, is 40% complete and remains on schedule to begin production in the first half of 2028, according to Chairman and Chief Executive Officer Patrick Pouyanné. Pouyanné provided the update during TotalEnergies’ second-quarter and first-half...

ExxonMobil Guyana Technical Training Manager Jewel Collier-Swan said building a world-class Guyanese workforce will depend on developing technical expertise and ensuring local talent can progress within the energy sector. During her address at the launch of MODEC’s development programs on...

Historical oil shows, reservoir-quality sands, and potential hydrocarbon traps indicate what Guyana’s onshore Berbice Block could hold, although no commercial petroleum accumulation has been established. Former operator CGX Energy outlined the block’s geological potential in a technical presentation published in...

Oil and gas plays opened in recent years are not expanding along the same trajectory as major earlier successes that included Guyana, according to Westwood Global Energy Group. Jamie Collard, Westwood’s Senior Exploration Research Manager, made the assessment during a...

The Guyana Technical Training College Inc. (GTTCI) is offering a floating production, storage and offloading (FPSO) vessels instrument technician training program, which Director Professor Clement Sankat said is the first of its kind in the Caribbean.  Sankat made the disclosure...