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More Guyanese technicians graduate from FacTor training program 

SBM Offshore Guyana’s Trainee Technician program churned out 32 Guyanese graduates, who are now one step closer to careers offshore.  “It is only the beginning,” remarked Alistair Routledge, President of ExxonMobil Guyana during a ceremony held at the Guyana Technical...

Trinidad extends 2025 deep-water bid round deadline to September 17

The deadline for Trinidad and Tobago’s 2025 deep-water competitive bidding round has been extended by nearly three months. Bids are now due by noon on September 17, replacing the original July 2 deadline. This is according to a notice from...

Guyana edges closer to world’s largest oil producer per capita

With just a few weeks before August arrives, Guyana inches closer to becoming the world’s largest oil producer per capita.   The milestone is tied to the start-up of the ONE GUYANA floating production, storage, and offloading vessel (FPSO), the latest...

Hess gives back Suriname oil block at Guyana border

U.S. oil company Hess has relinquished Block 59 offshore Suriname, a deepwater area located near the maritime border with Guyana, returning the acreage to Suriname’s Staatsolie, the state oil firm announced on Tuesday. “Hess fulfilled its minimum work obligations and...

Survey says Exxon is ‘Most Admired Explorer’ propelled by mega wins in Guyana

ExxonMobil has been named the most-admired upstream explorer in the world, according to Wood Mackenzie’s 2025 Exploration Survey, a recognition underpinned mainly by the company’s performance offshore Guyana. The award, announced at Wood Mackenzie’s annual Exploration Summit in Bordeaux in...

Touchstone confirms hydrocarbon presence at Cascadura-5 well in Trinidad

Touchstone Exploration announced on July 7 successful drilling results from its Cascadura-5 development well onshore Trinidad and Tobago. The well, located on the Ortoire block, was spud on June 4 and reached a total depth of 7,020 feet in 22...

Petronas adds Roystonea-2 to Suriname exploration campaign

PETRONAS has added the Roystonea-2 appraisal well to its exploration program in Block 52 offshore Suriname, according to Staatsolie. Staatsolie said the well will “further evaluate the oil discovery made with the Roystonea-1 in November 2023”.  Roystonea-2 is part of a...

Shell ups Manatee production forecast 10%, says Trinidad energy minister

Shell has increased its gas production forecast for the Manatee project offshore Trinidad and Tobago by 10%, according to the country’s newly appointed Energy Minister, Roodal Moonilal. Speaking at a gathering of the Society of Petroleum Engineers of Trinidad and...

Rystad Energy offers conservative forecast for Guyana’s entry into top 10 non-OPEC oil producers by 2031

Guyana is forecast to become one of the top 10 non-OPEC oil producers by 2031, according to new data from Rystad Energy. The firm reported on an interactive chart via LinkedIn on July 2 that total liquids production from non-OPEC...

Exxon gives back portion of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the government, fulfilling a contractual obligation to return a portion of the licensed area at a key juncture, the Ministry of...

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CGX continues claim to expired Corentyne Block as Berbice port lands customer

CGX Energy is continuing to lay claim to Guyana’s Corentyne Block even though the Government of Guyana maintains that...