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Noble Regina Allen rig set to drill Korikori-1 exploration well offshore Suriname

Suriname's state oil company Staatsolie announced on Wednesday that drilling of the Korikori-1 exploration well at Block 5 will be carried out by the Noble Regina Allen rig, which is expected to arrive in the first half of October.  The...

Jaguar FPSO deal wins Latin Finance’s Oil & Gas Financing of the Year award 

Intelligence source Latin Finance has named the Jaguar FPSO financing deal as its Oil & Gas Financing of the Year, spotlighting the project’s innovative structure and its pivotal role in Guyana’s rise as a global offshore powerhouse. According to the...

GTTCI launches 18-month Advanced Oil and Gas Diploma Program in Berbice, Guyana

The Guyana Technical Training College Inc. (GTTCI) has officially launched its 18-month accredited Advanced Diploma in Oil and Gas course at the new, soon-to-be-completed campus in Port Mourant, Berbice. On October 6, 28 trainees were welcomed by Professor Emeritus Clement...

Shell reports higher oil and gas output in third quarter

Shell reported higher oil and gas production for the third quarter of 2025, indicating stronger upstream performance than the second quarter, according to preliminary figures released on Tuesday. The company said production averaged between 1.79 million and 1.89 million barrels...

TotalEnergies trains Surinamese engineers for GranMorgu offshore operations

TotalEnergies Suriname has stepped up preparations for its GranMorgu project by hosting its second in-person technical training on floating production, storage and offloading (FPSO) process systems. Hércules Medeiros, Executive in Projects, Operations, and Asset Management at TotalEnergies, announced the update...

Hammerhead Licence mandates independent study on gas use

The Hammerhead Petroleum Production Licence requires that, upon the Minister’s request, an independent third-party consultant be hired to conduct a Gas Utilisation Study after five years of operations.  The Licence states: “The Licence Holder shall procure an unaffiliated, independent third-party...

Saipem greenlit to execute US$500M Hammerhead offshore project in Guyana

Saipem announced today that it has received full authorization from ExxonMobil Guyana Limited to proceed with the execution of the Hammerhead offshore project in the Stabroek Block.  The Milan-based company said the engineering, procurement, construction and installation (EPCI) contract is...

Guyana’s first major oil & gas training college to welcome full cohort next month

The long-awaited Guyana Technical Training College Inc. (GTTCI) is set to welcome its first cohort of students to be fully trained locally beginning in October 2025, ExxonMobil Guyana announced on Wednesday.  The move marks a milestone in the country’s local...

Guyana seeks legal and project management experts to steer Gas-to-Energy project

The Government of Guyana is looking to hire a legal counsel and project manager to strengthen oversight of its flagship Gas-to-Energy project, according to a notice published this week by the Office of the Prime Minister. The vacancies, advertised by...

Guyanese-American welder returns home to train Guyanese for oil and gas jobs 

UPDATE: This article has been updated with additional information to reflect that Mohamed Ally is contracted with the School of the Nations to provide welding training for Guyanese. It also clarifies that the School of the Nations is the...

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Smith pushing for more Guyanese firms to benefit from O&G as second term as Chamber President begins  

In her second term as President of the Georgetown Chamber of Commerce (GCCI), Kathy Smith plans to increase the...