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Suriname puts 60% of offshore basin on offer in new Staatsolie open-door program

Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the Suriname-Guyana Basin. The initiative was formally announced by Managing Director Annand Jagesar, who stated, “This initiative opens new opportunities for...

Kareshma Narine, the Guyanese who helped chart the early days of offshore drilling

Kareshma Narine was one of the first Guyanese to take up a position aboard the Noble Bob Douglas drill ship. Her story was featured in a 2022 episode of ExxonMobil’s Offshore Diaries, offering a glimpse into the early years...

Exxon affirms full transparency in disclosures of Guyana oil and gas finds

ExxonMobil Guyana Limited (EMGL) on Sunday rejected suggestions that it is concealing oil discoveries made in the offshore Stabroek Block, saying it has complied with all legal reporting requirements. The statement follows a story in local publication - Kaieteur News,...

ExxonMobil advances AUV survey at Haimara field ahead of potential gas push

ExxonMobil Guyana Limited is pressing ahead with Autonomous Underwater Vehicle (AUV) survey operations at the Haimara Field in the south-eastern Stabroek Block.  The Maritime Administration Department said the exercise is scheduled to conclude on December 31, 2025, and will utilise...

Telesur and Orange expand subsea capacity to meet Suriname’s rising oil and gas demand

PARAMARIBO, SURINAME – Telecommunications provider Telesur and Orange Global Networks have entered a new ten-year agreement to expand Suriname’s international connectivity and prepare the country for a major growth in data demand as offshore oil development advances.  The memorandum of...

Guyanese invited to learn more about Gas-to-Energy pipeline on Nov. 22

ExxonMobil will host an open house on Saturday, November 22, to update residents on Guyana’s landmark Gas-to-Energy (GtE) project. The event will be held at Westminster Secondary School, West Bank Demerara, from 10 AM to 3 PM. The company said...

Suriname set to host region’s first floating liquefied natural gas facility

Suriname is preparing to host what industry analysts describe as the region’s first floating liquefied natural gas (LNG) facility, after the Sloanea gas field in offshore Block 52 was declared commercial.  Malaysian state oil company Petronas and Suriname’s national oil...

Longtail project to mark beginning of Guyana’s new gas chapter – ExxonMobil’s Routledge

ExxonMobil Guyana President Alistair Routledge says the upcoming Longtail development will open a new chapter in Guyana’s energy journey, marking the country’s entry into large-scale gas development. He was speaking at the Berbice Development Summit, where he outlined how...

Chinese oil and gas giant CNOOC eyes greater role in Trinidad and Tobago’s energy sector

Executives from China National Offshore Oil Corporation (CNOOC) this week met with Trinidad and Tobago’s Ministry of Energy and Energy Industries to discuss expanding the company’s presence in the country’s energy sector. The meeting, held on Wednesday (November 13) at...

Exxon, Guyana push for joint planning on Berbice gas-fed industries

ExxonMobil Guyana Commercial Manager Paul Foster on Tuesday said that there are unique advantages to investing in Guyana, as he urged potential investors to plan and align strategies on natural gas-fed projects to be located at an upcoming industrial...

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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...