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Guyana pursues seismic survey of unawarded deepwater blocks from first offshore auction

Guyana is moving to contract a large-scale 3D marine seismic survey covering deepwater offshore blocks that were left unawarded or unresolved in the country’s first oil and gas auction, signaling preparations to re-offer the acreage. The Environmental Protection Agency has...

Guyanese must be primary owners of gas-linked Wales projects – Jagdeo

Guyanese investors must be the primary owners of a planned fertilizer plant and a gas bottling and logistics company at Wales on the West Bank of Demerara, with the government prepared to underwrite investor returns, Vice President Bharrat Jagdeo said on...

Labour Ministry, Lindsayca to host Gas-to-Energy job fair at Leonora

The Ministry of Labour will host a two-day job fair in Region Three this week, linked to the construction of the country’s flagship Gas-to-Energy project. The job fair will be held at the Leonora Track and Field Centre on the...

Eco positions Israeli explorer to farm-in to Guyana and South Africa offshore blocks

Eco (Atlantic) Oil & Gas said on Thursday that Israel’s Navitas Petroleum has agreed to pay up to US$8.5 million for options to farm-in to offshore licenses in Guyana and South Africa, in a deal that could see Navitas...

Global offshore EPC awards hit US$38 billion in 2025; US$12 billion more expected – Westwood 

Global offshore oil and gas engineering, procurement and construction (EPC) activity has reached an estimated US$38 billion year-to-date, according to new data published on December 2 by Westwood Global Energy Group.  Another US$12 billion is expected before the end of...

President Ali wants Guyana’s private sector to form supply vessel group for offshore assignments

Guyana President Irfaan Ali on Friday urged the country’s private sector to form a consortium capable of joining offshore operations by providing supply and other support vessels.  With the rapid growth of the offshore oil and gas sector, the country...

TotalEnergies launches EnergyJobs.sr to connect Surinamese talent with growing oil and gas opportunities

PARAMARIBO, SURINAME – TotalEnergies Suriname officially launched the EnergyJobs.sr platform on Thursday at the Assuria Event Center in Paramaribo, presenting it as a centralized online hub to connect Surinamese jobseekers with opportunities in the country’s expanding oil and gas...

Staatsolie launches seismic survey in shallow offshore blocks

Staatsolie began a significant seismic survey on November 20 in the shallow offshore area near Saramacca and Coronie. The project is being carried out in partnership with China’s BGP Offshore and Tomlinson Geophysical Services Inc. (TGS), based in Norway...

Local investors deepen foothold in Guyana’s shorebase and port sector

Local participation in Guyana’s offshore supply chain continues to expand, with Guyanese investors taking on larger roles in shore bases and port facilities that serve the country’s rapidly growing oil and gas industry.  Minister of Natural Resources Vickram Bharrat said...

UPDATED: A guide to Guyana’s Gas-to-Energy project

Editor's note: This article was updated on November 25, 2025. It was first published on December 29, 2024. The Guyana government is working closely with a contractor to ensure the Gas-to-Energy project is completed for start-up in mid-2026, making...

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TechnipFMC posts US$2.49B Q1 revenue, US$260.5M profit as subsea orders hit US$1.9B

TechnipFMC reported first-quarter 2026 revenue of US$2.49 billion, with net income attributable to the company at US$260.5 million, according...