Guyana is approaching oil production of one million barrels per day (b/d), less than seven years after the country produced its first commercial crude from the ExxonMobil-operated Stabroek Block. Production from four offshore projects averaged 903,000 b/d in April 2026,...

Hunting PLC secured US$63.5 million in orders for its titanium stress joint product line during the first half of 2026, with continued contract momentum in Guyana supporting its subsea performance. The precision engineering group reported on July 15 that its...

For years, the fastest route into Guyana's oil industry appeared to lead offshore. Today, another pathway is emerging. As ExxonMobil Guyana and major contractors, including SBM Offshore, Halliburton, SLB, and Guyana Shore Base Inc. (GYSBI), expand the use of artificial intelligence,...

Lower electricity costs could make Guyana a more competitive place to manufacture goods, but affordable power alone will not build an industrial base. Factories are built where affordable power is matched by industrial land, transport links, financing, skilled workers,...

ExxonMobil’s Hammerhead development offshore Guyana was among only three major discoveries made after 2014 to reach final investment decisions (FID) in 2025, according to an analysis from Westwood Global Energy Group. Westwood’s High Impact Resource Progression insight published on July...

Every floating production, storage and offloading (FPSO) vessel deployed offshore does more than increase oil output. It also creates decades of work for companies that collect, transport, treat, recycle, and safely dispose of industrial waste generated throughout the life...

The contractors building Suriname’s GranMorgu floating production, storage and offloading vessel plan to test a wind-assisted kite system during its journey from China. SBM Offshore announced on July 15 that the SBM Offshore and Technip Energies joint venture, known as...

ExxonMobil’s planned Longtail development offshore Guyana is among the major projects expected to support stronger global subsea tree contract activity during the second half of 2026. Westwood Global Energy Group on July 15 identified Longtail as a key future source...

For Guyanese entrepreneurs, participation in the country’s oil and gas industry may not come directly from offshore operations, but from the network of businesses that support them. As production expands, local companies are finding opportunities to provide services needed...

Halliburton Guyana Incorporated is inviting local construction companies to bid for a project that will convert an existing wash bay into a climate-controlled workshop facility, creating another opportunity for Guyanese contractors to support oil and gas operations. The project, published...