Baker Hughes reached a major local content win in 2024, with 55% of its workforce in Guyana made up of Guyanese. The company credits sustained investment in local talent and a people-centered development strategy. “People first energy board is really...

TotalEnergies has completed an Industrial Baseline Study (IBS) in Suriname to assess the country’s local supply chain capabilities. The company’s Local Content Program, currently in development, is built on the insights of this study. “This study gives us the opportunity...

The International Monetary Fund (IMF) has called on Namibia to adopt a clear and comprehensive framework to manage its emerging oil and gas sector, warning that without robust governance structures, the southern African nation could miss the opportunity to...

PARAMARIBO, SURINAME - Frédéric Beys, GranMorgu Project Director at TotalEnergies, highlighted the company’s forward-thinking strategy and sustainability-driven innovations during remarks at the 2025 Suriname Energy, Oil & Gas Summit (SEOGS). “We will spend, altogether, 30 million man hours on this...

PARAMARIBO, SURINAME – Saipem is setting the stage for major local content contributions in Suriname through its work on the second phase of the offshore GranMorgu project, according to Gianluigi Della Rossa, the company’s Country Manager for Guyana and...

PARAMARIBO, SURINAME - As Suriname prepares for the GranMorgu oil development, Vandana Gangaram Panday, Director at Staatsolie Hydrocarbon Institute, cautioned against overregulating local content. Speaking on day four at the Suriname Energy, Oil and Gas Summit, Panday acknowledged the ongoing...

PARAMARIBO, SURINAME – TotalEnergies has identified additional wells that will be drilled to sustain plateau production at its landmark GranMorgu project offshore Suriname, according to Javier Rielo, the company's Senior Vice President, Americas. “We have already identified wells. We are...

Dear Editor, Concerns about public health remain at the forefront of everyone’s mind. With the re-emergence of COVID-19 in Guyana, the Ministry of Health is urging the public to take all necessary precautions. It is equally crucial that the oil...

PARAMARIBO, SURINAME - African Export-Import Bank (Afreximbank) will partner with the Government of Suriname to establish a US$5 billion local content facility aimed at strengthening the country’s oil and gas sector and wider economy.  The announcement was made Tuesday during...

PARAMARIBO, SURINAME –The Suriname Energy, Oil & Gas Summit (SEOGS) 2025 officially opened Tuesday morning with a ribbon-cutting ceremony and remarks from President Chandrikapersad Santokhi. In his address, Santokhi reaffirmed Suriname’s commitment to transparency and inclusive growth in the...