The Noble Valiant has been added as the second drillship for TotalEnergies' offshore Suriname campaign, the company announced in its latest fleet status report. The vessel will support development drilling in Block 58, where the French major and APA...

The Guyana-Suriname Basin stands out as a rare asset in today’s competitive energy landscape, offering what the industry refers to as “advantaged barrels”, according to Ricardo Bedregal, Executive Director for Upstream LATAM at S&P Global Commodity Insights. Speaking on the...

Guyana attracted US$2.1308 billion in foreign direct investment (FDI) during the first quarter of 2025, almost entirely in its oil and gas sector, according to new data from the Bank of Guyana. The report shows that oil and gas continues...

CGX Energy said on Friday that the Government of Guyana has indicated it may be open to talks in October as the Canadian company and its partner Frontera Energy seek to reverse the cancellation of the Corentyne Block license. The...

SURINAME, PARAMARIBO - President Jennifer Geerlings-Simons welcomed the Staatsolie management team at her office last week for a comprehensive update on the company’s current state of affairs. According to information from the President’s office, Staatsolie’s onshore and offshore drilling activities,...

ExxonMobil’s Chief Executive Officer, Darren Woods announced today that first oil from the ONE GUYANA floating production storage and offloading (FPSO) vessel is expected next week. The milestone will mark the start of production from the Yellowtail development, Exxon’s...

ExxonMobil Guyana’s oil production dipped slightly in June, averaging 664,000 barrels per day (b/d) down from 667,000 barrels in May, even as two of the three producing projects reached near-optimal output levels. The Stabroek Block, operated by ExxonMobil, yielded a...

Blue Water Suriname has secured the Rig Agency and Logistics & Shore Base Support contract for Noble Corporation’s operations in Block 52. Block 52 spans 4,749 square kilometres and lies off the coast of Paramaribo. Noble Developer, a semisubmersible Mobile Offshore...

Trinidad and Tobago plans to make reliable onshore and offshore wind resource data available to investors by 2026, a move intended to attract renewable energy investment and support the country’s green hydrogen ambitions. Speaking at a workshop for the European...

Petronas is preparing to drill Caiman-1 in Suriname’s offshore Block 52, a move that could expand exploration into the shallower section of the 'Golden Lane', according to global energy magazine GEOExPro. The "Golden Lane" in the Guyana-Suriname Basin refers...