MODEC reported a 78.2% increase in profit for the first quarter of 2026, supported by steady progress on floating production, storage and offloading vessel projects and continued demand for ultra-deepwater oil and gas developments. The company released its financial results...

HOUSTON, TEXAS - President of the Georgetown Chamber of Commerce and Industry (GCCI), Kathy Smith, is cautioning against extending local content controls beyond Guyana’s oil and gas sector, saying broader private investment should remain open and competitive. Smith made the...

Petrobras reported a net profit of US$6.2 billion (R$32.7 billion) in the first quarter of 2026, up 110% from the previous quarter, supported by higher oil prices, stronger production, and increased fuel sales. “The strong financial results achieved are supported...

Guyana warned on Monday that any refusal by Venezuela to comply with an eventual ruling by the International Court of Justice (ICJ) in the decades-old border controversy between the two countries would breach international law, after oral hearings concluded...

HOUSTON, TEXAS — ExxonMobil Guyana President Alistair Routledge said Guyana avoided some of the local content problems experienced in other oil-producing countries because operators, government and the private sector worked together. Routledge made the remarks during a panel discussion at...

Trinidad and Tobago said on Sunday it had contained a small offshore oil spill after neighboring Venezuela accused the Caribbean nation of causing serious environmental damage in shared waters in the Gulf of Paria. “Visual observations confirmed that the dispersant...

HOUSTON, TEXAS — The University of Guyana’s enrollment has grown from about 4,000 students in 2015 to more than 16,000 this year, a surge outgoing Vice Chancellor Professor Paloma Mohamed linked to free tertiary education and new training demand...

HOUSTON, TEXAS - ExxonMobil Guyana President Alistair Routledge said the planned Longtail development is tied to Guyana reaching oil production capacity of 1.7 million barrels per day (b/d) by 2030, as projects continue to advance in the Stabroek Block. He...

HOUSTON, TEXAS — Guyana’s offshore oil sector is expanding at a pace that is beginning to rival subsea activity levels in the U.S. Gulf of Mexico, according to TechnipFMC’s Onshore Operations Director Omon Dibua. Speaking Tuesday at the Offshore Technology...

HOUSTON, TEXAS - Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith is pushing for greater investment in Guyana’s micro, small and medium-sized enterprises, arguing that many are already generating substantial revenues from opportunities linked to the country’s...