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Guyana oil sector using AI to improve safety monitoring, GYSBI says

Artificial Intelligence (AI) being introduced into offshore oil and gas operations is helping reduce risk, improve compliance and strengthen safety monitoring in high-risk work environments, according to Kurt Busuttil, Senior Quality Health Safety Security and Environment (QHSSE) Manager at...

Chevron says US$2.2B Q1 earnings “solid” despite disruptions

Chevron reported first-quarter earnings of $2.2 billion on Friday, down from $3.5 billion a year earlier, but said performance remained “solid” despite geopolitical disruptions and market volatility. The U.S. oil major posted adjusted earnings of $2.8 billion for the quarter,...

“The energy industry doesn’t forgive negligence,” PM says Guyana will not trade worker safety for output

Guyana’s Prime Minister Mark Phillips has warned that safety will remain a non-negotiable pillar of the country’s growing energy sector, saying the industry “does not forgive negligence” and the country will not sacrifice worker safety for production gains. He made...

ExxonMobil Guyana seeks suppliers for emergency response equipment management under new RFI

ExxonMobil Guyana Limited (EMGL) is seeking to identify suppliers to support emergency response equipment management for its oil and gas operations offshore Guyana, the company said in a request for information (RFI). The RFI, published on April 29, outlines plans...

Hormuz disruption puts focus on Guyana’s oil as stable supply source – Wood Mackenzie

Disruptions in the Strait of Hormuz are placing renewed focus on Guyana’s oil as a more stable supply source, as global markets respond to reduced tanker traffic and ongoing security risks in the Middle East, according to an April...

Local joint venture commissions iNOVaTHERM™ technology recovering over 99% base oil 

Guyana Shore Base Inc. (GYSBI), through its joint venture Sustainable Environmental Solutions (SES), has commissioned the iNOVaTHERM™ system. This waste treatment technology doubles processing capacity and recovers more than 99% of base oil from drilling waste, GYSBI said in...

CNOOC lifts Q1 output to 205.1 million BOE as Guyana project supports overseas growth

CNOOC Limited reported first-quarter 2026 results, with higher production, revenue, and profit, supported in part by output from its offshore Guyana portfolio. The company recorded net production of 205.1 million barrels of oil equivalent (BOE) for the quarter, an 8.6%...

Ali’s OTC keynote role “tells you everything” about Guyana’s global energy standing – U.S. Ambassador

Guyana’s President Irfaan Ali is set to deliver the keynote address at the Offshore Technology Conference (OTC), a role the United States says signals the country’s position on the global energy stage. Speaking on the latest episode of Energy Perspectives,...

Guyana has ‘clout’ at OTC 2026 as private sector delegation nears 100 businesses

Guyana is entering the Offshore Technology Conference 2026 with growing international attention, as the country’s private sector points to increased interest from global investors and companies. Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith, in an exclusive interview...

TotalEnergies expands Suriname local content efforts with teacher safety training initiative

PARAMARIBO, SURINAME – A new training initiative targeting vocational teachers is being rolled out in Suriname, as industry and government partners move to strengthen the country’s future workforce amid offshore oil and gas development. Led by TotalEnergies EP Suriname B.V....

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SBM Offshore credits Guyanese talent and global expertise for ONE GUYANA FPSO success

SBM Offshore is crediting Guyanese talent, backed by international expertise, for the performance of the ONE GUYANA floating production,...