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Years of underinvestment leave oil producers facing a new era of higher costs – S&P

PARAMARIBO, SURINAME – Years of underinvestment across the global oil and gas supply chain have created structural constraints that are keeping project costs elevated, according to S&P Global Project Analyst Magda Rodriguez. Speaking during a Tuesday presentation titled "Upstream at...

Suriname energy summit opens this week with spotlight on first oil, local content and LNG

The Suriname Energy, Oil & Gas Summit and Exhibition (SEOGS) 2026 opens this week in Paramaribo, with organizers framing the event around a pivotal transition for the country: moving from major offshore discoveries toward full-scale development, project execution and...

Halliburton Guyana seeks suppliers for Kenworth truck and trailer parts

Halliburton Guyana Inc. is seeking suppliers to provide materials and spare parts for its fleet of Kenworth trucks and trailers, creating another procurement opportunity for local businesses supporting Guyana’s growing oil and gas sector. The opportunity was published on June...

Guyana to update oil spill plan, expand multi-hazard early warning systems – Prime Minister

Guyana will update its National Oil Spill Contingency Plan and expand multi-hazard early warning systems this year as the country strengthens its disaster preparedness framework to support the expanding oil, gas, and energy sectors. According to Prime Minister Mark Phillips,...

More than 40 oil sector companies receive 2026 local content plan approvals

More than 40 companies operating in Guyana’s oil and gas sector received approval for their 2026 local content plans on Wednesday at Roraima Duke Lodge, Kingston, Georgetown. The Ministry of Natural Resources handed over the approvals during a ceremony for...

Stabroek operator seeks clearer picture of Guyana’s skills capacity with Industrial Baseline Study

ExxonMobil Guyana has commissioned an industrial baseline study to assess Guyana’s workforce capacity and future labor demand as the oil and gas sector expands. Its President, Alistair Routledge said the study will be completed later this year. He made the...

G-Boats launches new bidding round for essential operating supplies

G-Boats Incorporated has opened a new bidding process for suppliers seeking to provide commonly used operational materials and equipment to support Guyana’s oil and gas services sector. According to a tender notice published by the Local Content Register on June...

Exxon lines up 35-well Stabroek drilling push as Guyana oil search stretches to 2033

ExxonMobil Guyana Limited has proposed a new exploration and appraisal drilling campaign that could see up to 35 wells drilled in the Stabroek Block between 2028 and 2033. The Guyana Environmental Protection Agency (EPA) announced on June 14 that it...

GranMorgu moves from blueprint to buildout as Suriname targets first oil

Suriname’s GranMorgu offshore oil development moved deeper into execution in the first half of 2026, with progress recorded across financing, subsea equipment, floating production storage and offloading vessel (FPSO) construction, and workforce preparation. The TotalEnergies-led project in Block 58 is...

Carla Crawford says Friedlander Guyana’s goal is to keep more fabrication work local

Dr. Carla Crawford was not trained for oil and gas. “I still practice as a physician,” she said. But the skills she learned from running a medical practice helped her understand business, people, and the patience needed to build...

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Errea Wittu arrives this week – Pres. Ali 

The Errea Wittu floating production storage and offloading vessel (FPSO) is set to arrive in Guyana this week, President...