Showing results for:

Staatsolie launches seismic survey in shallow offshore blocks

Staatsolie began a significant seismic survey on November 20 in the shallow offshore area near Saramacca and Coronie. The project is being carried out in partnership with China’s BGP Offshore and Tomlinson Geophysical Services Inc. (TGS), based in Norway...

Local investors deepen foothold in Guyana’s shorebase and port sector

Local participation in Guyana’s offshore supply chain continues to expand, with Guyanese investors taking on larger roles in shore bases and port facilities that serve the country’s rapidly growing oil and gas industry.  Minister of Natural Resources Vickram Bharrat said...

UPDATED: A guide to Guyana’s Gas-to-Energy project

Editor's note: This article was updated on November 25, 2025. It was first published on December 29, 2024. The Guyana government is working closely with a contractor to ensure the Gas-to-Energy project is completed for start-up in mid-2026, making...

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...

Latest News

Petrobras completes acquisition of 49.99% stake in Lightsource bp Brazil subsidiaries

Petrobras has completed the acquisition of a 49.99% stake in Lightsource bp's subsidiaries in Brazil, advancing a strategic partnership...