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Women in Energy Guyana to champion inclusion at landmark forum this Saturday

Women in Energy Guyana is set to host the groundbreaking "Championing Women in the Energy Sector: Creating Pathways Guyana FORUM" this Saturday, June 15, 2024, from 9:00 am to 2:00 pm at the Arthur Chung Conference Centre in Georgetown....

Amid oil bonanza, Guyana makes ‘great improvements’ to strengthen anti-money laundering effort – AG

With Guyana being among the fastest growing global economies, backed by its oil and gas sector, the nation has made “great improvements” in combatting money laundering, terrorism financing, and proliferation financing.  This is according to the Attorney General and Minister...

Push local content, don’t forget about Suriname’s other sectors – Business Development CEO 

Paramaribo, Suriname - In an interview at the recent Suriname Energy Oil & Gas Summit, Ileana Ferber, Chief Executive Officer and founder of Colibri Business Development urged the South American nation to balance local content development alongside the growth...

Opportunity for Guyanese to fabricate well jumpers for ExxonMobil

Guyanese fabricators have a new opportunity to provide well fabrication and assembly services in support of ExxonMobil’s offshore operations. A June 7 request for information (RFI) indicates that the company plans to put in place a multi-year enabling agreement for...

Celebrations on the horizon as Suriname’s first deepwater oil project just months away from sanctioning 

Suriname is abuzz with energy. And hope too, as the country’s first offshore oil development is set to be sanctioned in a matter of months.  Thanks to successful hits in Suriname’s Block 58, operator TotalEnergies is forging full steam ahead...

Suriname, T&T state energy firms forge closer ties with MoU, LOI

Suriname’s state oil firm Staatsolie and the National Energy Corporation of Trinidad and Tobago Limited (National Energy) have signed new agreements to enhance regional energy cooperation.  The signing took place on the sidelines of the 2024...

ExxonMobil Guyana reports US$2.9 billion in 2023 profit

ExxonMobil Guyana reported comprehensive income (profit) of GY$614.6 billion (US$2.9 billion) in 2023. This is a 6% increase from the company’s GY$577.7 billion (US$2.75 billion) 2022 profit.  Exxon also recorded a 47% increase in equity from GY$1.49 trillion (US$7.09 billion)...

Suriname assures oil companies of stable business environment as reserves mount

Paramaribo, Suriname - Opening the 2024 edition of the Suriname Energy Oil and Gas Summit and Exhibition, President Chandrikapersad Santokhi gave assurance to oil companies of the Dutch-speaking nation's stable environment as he beckoned new investments.  Suriname's potential as an...

TotalEnergies targeting ‘Tesla-like FPSO’ as milestones reached, FID nears for Suriname project

Paramaribo, Suriname - TotalEnergies announced on Wednesday that several key milestones have been reached for its first development at Suriname’s Block 58 where it is the operator. Referencing comments made on Tuesday at the 2024 Suriname Energy Oil and...

New wells in untouched oil plays planned for Suriname over next two years – Jagesar

Paramaribo, Suriname - Staatsolie, Suriname's state oil firm, has big plans for its offshore oil sector, with an extensive exploration program eyed over the next two years.  "We are planning...lots of exploration wells, which is exciting because it gives the...

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Guyana has ‘clout’ at OTC 2026 as private sector delegation nears 100 businesses

Guyana is entering the Offshore Technology Conference 2026 with growing international attention, as the country’s private sector points to...