PARAMARIBO, SURINAME - Suriname’s 2025 general elections have yielded a dramatic outcome that is both reflective of the country’s political fragmentation and indicative of the challenges ahead in forming a government and charting a united course for the country’s...

Guyanese are resilient in the face of adversity. They are a spirited people, with deep cultural roots and a strong sense of national identity. This much was showcased tenfold today. Love of country was high.  In Venezuela, Nicolas Maduro’s election...

Terry Palisch, President of the Society of Petroleum Engineers (SPE) International, concluded his first visit to Guyana this week, signaling the country’s expanding relevance in global energy discussions and the transfer of technical expertise. Palisch, who also serves as Chief...

Kezia Chinian is in her final year of Petroleum Engineering at the University of Guyana. She did not initially set out to work in oil and gas but chose her path after seeing the sector’s rapid growth.  “Petroleum was not...

PARAMARIBO, SURINAME - As Suriname approaches general elections on May 25, the nation’s burgeoning oil and gas sector stands at the forefront of political discourse. The development of offshore reserves, particularly the US$10.5 billion GranMorgu project in offshore Block 58...

Guyana has nominated multiple candidates for the role of sole expert to resolve a dispute with ExxonMobil and its partners over US$214 million in expenses claimed for oil operations in the offshore Stabroek Block, the Natural Resources Ministry said...

SBM Offshore has begun fabrication of the GranMorgu floating production, storage and offloading (FPSO) vessel. On May 20, the company held a first steel cut ceremony at BOMESC Shipyard in Tianjin, China, marking the official start of topsides module...

Guyana’s Vice President Bharrat Jagdeo on Wednesday pushed back against claims that the country is flush with oil wealth, asserting that revenues from the sector fund only a fraction of national spending. Speaking at the annual National Toshaos Council Conference,...

In Management Themes (Part 4), we completed our discussion on exploration and discovery.  Through the provisions of the Petroleum Activities Act 17 of 2023 (the ‘PAA’) we noted that a discovery can be (i) of no potential commercial interest...

PARAMARIBO, SURINAME - Suriname’s general elections, set for May 25, come at a critical juncture for the country. With offshore oil discoveries promising a potential economic windfall, the political stakes are higher than ever. Public expectations are soaring, but...