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Caribbean Energy Week opens in Suriname with regional leaders, investors in focus

PARAMARIBO, SURINAME - Caribbean Energy Week opened on Tuesday in Paramaribo, Suriname, drawing regional leaders, investors and industry executives to discuss oil, gas and the energy transition. The event, held at the Royal Torarica ballroom, brings together stakeholders to examine...

Meet the contractors that develop Stabroek Block projects beneath the surface

When oil and gas flows from ExxonMobil Guyana’s Stabroek Block, it travels through systems built and installed by a small group of specialized contractors. These companies are the backbone of subsea operations. TechnipFMC is one of the leading players. It...

GranMorgu in full subsea build-out mode with multiple trees completed

The GranMorgu offshore project has entered full subsea build-out mode, with multiple subsea Christmas Trees (XTs) completed, according to a March 30 update by TotalEnergies Suriname General Manager Artur Nunes da Silva. The project recorded its first XT completion in...

Suriname mourns former President Chandrikapersad Santokhi, dead at 67

Former Suriname President Chandrikapersad Santokhi has died at the age of 67. According to Waterkant News, an ambulance was called earlier today to the former president’s home due to a medical emergency. After assistance at the scene, “it was decided...

Stabroek output climbs further to 918,000 b/d in February

Crude oil production offshore Guyana averaged about 918,000 barrels per day (b/d) in February 2026, reflecting continued gains from optimization work across ExxonMobil’s Stabroek Block developments. Government data shows that approximately 25.7 million barrels were produced during the month across...

Explained: How oil resources become reserves in the Stabroek Block

Oil and gas discoveries at the ExxonMobil-operated Stabroek Block are estimated to hold approximately 11 billion barrels of oil-equivalent. The resource base has positioned the South American country among the world’s fastest-growing oil producers and continues to shape development...

Six women among 20 selected for Noble’s marine cadet scholarships

Twenty Guyanese, including six women, have been selected from a pool of 1,700 applicants to be the 2026 beneficiaries of Noble Corporation’s Marine Cadet Scholarship Programme. The awards were presented on March 28, 2026, in Georgetown, during the Noble Marine...

Why Guyana’s crude grades turn heads around the world

Guyana’s offshore oil isn’t just abundant; it also carries chemical traits that make it desirable to refiners around the world. From its early discoveries in 2019 to today’s steadily rising exports, the quality of Guyana’s crude has helped the...

Guyana to aid expansion of CNOOC’s 2026 reserves as company eyes US$16.9B capital  spend

China’s offshore oil major CNOOC is targeting higher reserves and production in 2026, with Guyana expected to support that expansion as the company continues investing across its global upstream portfolio. The company said it aims to produce “780 million to...

Amendments to Local Content Act vital as Guyanese firms expand into oil sector – VEHSI Director

Nicholas Deygoo-Boyer, Director of Vreed-en-Hoop Shorebase Inc. (VEHSI), says amendments to Guyana’s Local Content Act cannot be overlooked and are critical as more local businesses expand into offshore oil and gas services.  He made the comments on the Starting Point...

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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,...