Showing results for:

Americas oil outlook revised down, but Guyana’s offshore boom remains a bright spot 

Production across the Americas is forecast to reach 63 million barrels of oil equivalent per day (mmboe/d) by 2031, a 7% increase from 2024, according to Westwood Global Energy Group’s June Wells & Production Outlook – Americas.  However, the consultancy...

Saipem completes Yellowtail offshore scope for ExxonMobil Guyana

Saipem has announced the completion of its contracted scope of work for ExxonMobil Guyana’s Yellowtail field in the Stabroek Block, located in water depths of about 1,800 metres. The contract, awarded in 2022, covered the Engineering, Procurement, Construction, and Installation...

Suriname emerges as third largest offshore oil investment destination in the Americas – Energy Industries Council 

Suriname is fast becoming one of the top offshore oil and gas hotspots in the Americas, ranking third in projected offshore exploration and production (E&P) investments by 2030, behind only Brazil and Guyana, according to the Energy Industries Council...

Eight Graduate Engineers complete SBM Offshore Guyana programme, nine join new cohort

Eight young Guyanese engineers have completed SBM Offshore Guyana’s Graduate Engineers’ Programme, marking the end of an intensive 18-month journey that took them across the company’s global operations. The graduates were honoured during a ceremony on August 8, where they...

Ambipar, SBM Offshore launch robotic tank cleaning breakthrough for FPSOs

Ambipar, a global leader in environmental solutions, and SBM Offshore, a key player in the ocean infrastructure sector, have jointly unveiled an advanced robotic solution for cleaning cargo oil tanks on floating production, storage, and offloading (FPSO) units, aiming...

Noble targets more Guyanese for offshore careers with 2026 Cadet Scholarship launch

Noble Corporation has officially launched the 2026 cycle of its Cadet Scholarship Program, expanding its efforts to train more young Guyanese for maritime careers. “This is actually the third cohort that we’re launching,” Renatha Khan, Noble’s Local Content Manager, said....

bp makes largest oil & gas discovery in 25 years

bp announced a major oil and gas discovery at the Bumerangue prospect in deepwater offshore Brazil, its tenth discovery of 2025 and the company’s largest in 25 years. The company stated that the 1-BP-13-SPS exploration well was drilled in the...

MODEC launches new offshore training intake for Guyanese technical graduates

MODEC has launched a new intake for its Offshore Technical Trainee Program in Guyana. This initiative follows the launch of the company’s onshore training program, which includes eight Guyanese in its first cohort. MODEC is seeking trainees to take part...

TechnipFMC seeks local companies for offshore services in Guyana

TechnipFMC has issued a Request for Expression of Interest (EOI) for companies to support upcoming offshore projects in Guyana.  Interested suppliers must be registered with the Local Content Secretariat and the Centre for Local Business Development in Guyana, Technip said.  Exxon’s...

Letter-to-the-Editor: Empowering Guyanese youth in the offshore energy sector

Dear Editor, As a recent graduate of the University of Guyana, I've been reflecting on the future that lies ahead for my generation in Guyana. This thought has led me to explore the country’s growing oil and gas sector, particularly...

Latest News

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...