Showing results for:

UAL sees regional cargo upside as Guyana and Suriname offshore activity expands

Universal Africa Lines (UAL) is aligning its shipping network around rising offshore oil and gas activity in Guyana and Suriname, with increased sailings and regional connections supporting project cargo flows. Speaking with OilNOW at the company’s booth during day two...

Suriname advancing dual-track gas strategy in Block 52 – Staatsolie Managing Director announces 

Suriname is advancing a dual-track gas strategy in Block 52 as it moves toward offshore production, according to Annand Jagesar, Managing Director at the state oil company Staatsolie. In his address on day two (February 18) of the Guyana Energy...

Exxon could file for second Guyana gas project within weeks, with full value chain as key – Routledge

Alistair Routledge said ExxonMobil Guyana anticipates submitting environmental and project authorization requests for its second gas development within months, as the company advances plans to build out a full gas value chain. The ExxonMobil Guyana President made the disclosure on...

Jumbo Offshore completes Errea Wittu mooring pre-installation at Uaru Field

Jumbo Offshore has completed mooring pre-installation activities for the floating production, storage and offloading (FPSO) vessel Errea Wittu at the Uaru Field in the Stabroek Block, offshore Guyana. The company announced on February 12 that the work was executed for...

The next wave of Stabroek Block projects offshore Guyana

ExxonMobil is moving ahead with its next set of developments in the Stabroek Block offshore Guyana, with Uaru, Whiptail and Hammerhead approved and progressing toward startup between 2026 and 2029, while Longtail remains in the planning stage as the...

Guyana regulator strengthening oil & gas production measuring capabilities

Alwin Etwah, Head of the Oil and Gas Unit at the Guyana National Bureau of Standards (GNBS), said Guyana is advancing legal reforms, expanding gas measurement capability and introducing digital oversight to strengthen fiscal metering in the petroleum sector. He...

Guyana launches advanced tech training hub to put citizens at the helm of oil & gas boom

A strategic investment to prepare Guyanese for high-level jobs in the country’s oil and gas and other advanced industries is how the newly opened Guyana Technical Training College Inc. (GTTCI) was described by President Irfaan Ali today, February 14.  The...

Guyanese firms expanding O&G services into offshore vessels, aviation, oil block operations – PSC Chairman 

Chairman of Guyana’s Private Sector Commission (PSC), Captain Gerald Gouveia Jr. says local businesses are taking on bigger roles in the oil and gas sector, including offshore vessel operations, catering, aviation services, and oil block operations. Speaking with OilNOW this...

Government allocates GY$119M to review Exxon’s first non-associated gas project in Guyana 

Guyana has allocated GY$118.9 million (approximately US$570,000) in its 2026 budget to review ExxonMobil’s proposed Longtail development, Natural Resources Minister Vickram Bharrat said on February 10. Speaking during consideration of budget estimates, Bharrat said the allocation caters for the “eventuality”...

EIC flags pipeline of offshore contracts as Guyana and Suriname projects move toward FID

The Energy Industries Council (EIC) said a growing pipeline of offshore contracts is emerging in Guyana and Suriname as multiple projects advance toward final investment decisions, creating near-term opportunities for the global energy supply chain. The update was provided by...

Latest News

Suriname president urges youth to pursue skills for opportunities in emerging oil and gas sector

PARAMARIBO, SURINAME – Suriname's President Jennifer Geerlings-Simons has urged young people who have left school to return to education...