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Exxon to complete Stabroek Block dredging works by November 2026

ExxonMobil Guyana will carry out dredging operations in the Stabroek Block offshore Guyana, with operations expected to conclude on November 24, 2026. According to a Notice to Mariners issued by the Maritime Administration Department (MARAD) on June 6, the activity...

SEOGS 2026 expands with Local Content Forum as Suriname mulls key oil policy

The Suriname Energy, Oil & Gas Summit & Exhibition will add a dedicated Local Content Forum in 2026 as the South American country prepares for its first offshore oil and gas development. The sixth edition of SEOGS will be held...

2024 EITI report submitted as Guyana prepares for second validation

Guyana has submitted its 2024 Extractive Industries Transparency Initiative (EITI) report as the country prepares for its second validation under the global transparency framework. The Ministry of Natural Resources said Minister Vickram Bharrat met with the EITI Validation Team on...

Safety, quality and reliability remain critical for Guyanese suppliers, says Baker Hughes

Guyanese suppliers seeking work with tier one oil and gas companies must meet strict safety, compliance, quality, and reliability standards, Baker Hughes Caribbean Area Director Jon Rhodes said. Rhodes made the comments at the fourth annual Local Content Summit 2026....

ExxonMobil, contractors driving higher standards among Guyanese businesses – Finance Minister

Guyana’s Finance Minister Dr. Ashni Singh says ExxonMobil and its tier one contractors have raised expectations for how Guyanese businesses deliver goods and services, particularly in the oil and gas sector. Speaking at the Private Sector Commission (PSC) Annual General...

Local Content Secretariat developing framework to close skills gaps, expand training opportunities – Director

Michael Munroe, Director of the Local Content Secretariat, said the body is developing a framework aimed at closing skills gaps and expanding workforce development opportunities for Guyanese businesses in the oil and gas sector.  In his address at the Local...

ExxonMobil says AI model identified Guyana discoveries with 90% success rate

ExxonMobil says an artificial intelligence model built using Guyana’s offshore seismic data was able to identify already-discovered crude oil accumulations with a 90% success rate. Neil Chapman, Senior Vice President of ExxonMobil, said the model forms part of the company’s...

More local content opportunities expected as new oil projects come on stream in Guyana – Director

Director of the Local Content Secretariat, Michael Munroe, said Guyana is positioned for a new wave of opportunities as more oil and gas projects move toward development, expanding the scope of local participation across the petroleum value chain. The next...

Brunings says concerns over proposed Suriname radioactive storage site will inform review process

PARAMARIBO, SURINAME - Halliburton's plans to establish a storage facility for radioactive sources used in oilfield operations in Houttuin have sparked concern among residents of surrounding communities, who are questioning the potential environmental and safety implications of the project. First...

ExxonMobil Guyana production slightly dipped to 903,000 barrels per day

Crude oil production offshore Guyana averaged 903,000 barrels per day (b/d) in April 2026, a modest decline from 910,000 b/d in March, according to government data. Output from the four ExxonMobil-operated projects in the Stabroek Block totaled approximately 27...

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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...