ExxonMobil Guyana President Alistair Routledge says the upcoming Longtail development will open a new chapter in Guyana’s energy journey, marking the country’s entry into large-scale gas development. He was speaking at the Berbice Development Summit, where he outlined how...
Executives from China National Offshore Oil Corporation (CNOOC) this week met with Trinidad and Tobago’s Ministry of Energy and Energy Industries to discuss expanding the company’s presence in the country’s energy sector.
The meeting, held on Wednesday (November 13) at...
ExxonMobil Guyana Commercial Manager Paul Foster on Tuesday said that there are unique advantages to investing in Guyana, as he urged potential investors to plan and align strategies on natural gas-fed projects to be located at an upcoming industrial...
Staatsolie Maatschappij Suriname N.V. has approved the Commercial Field for the Sloanea-1 gas discovery in Block 52 offshore Suriname. The decision was made on November 11, 2025, representing a major advancement in the country’s offshore petroleum development.
In an announcement...
In a bold step toward shaping the future of technology in South America and the Caribbean, the Government of Guyana and Cerebras Systems – an American artificial intelligence (AI) company – signed a landmark Memorandum of Understanding (MOU) to...
Suriname's National oil company, Staatsolie Maatschappij Suriname N.V., (Staatsolie) ramped up investment in workforce development in 2024 as the country prepares for its first major offshore oil development.
The company’s latest sustainability report, published in early October, details a flagship...
PARAMARIBO, SURINAME – Suriname published a new State Decree S.B. 2025 No. 124 on October 22, with the name of ‘Decree on Task Description of Ministries 2025’ taking effect retroactively from July 16th, 2025. At first, it appears to...
Local suppliers in Guyana’s oil and gas industry were given an opportunity to strengthen their participation in the sector through SBM Offshore Guyana’s annual Vendor Day, held this week at the Pegasus Suites.
The event brought together more than 50...
QatarEnergy has expanded its exploration footprint in Suriname’s offshore basin to six blocks, following the signing of Production Sharing Contracts (PSCs) for Blocks 9 and 10.
The agreements, secured during the POST SHO2 bid round, strengthen the company’s position...
Staatsolie Maatschappij Suriname N.V. signed Production Sharing Contracts (PSCs) for offshore Blocks 9 and 10 with PETRONAS Suriname E&P B.V. and Chevron Suriname Exploration Limited as operators.
Staatsolie, in an announcement today, said for Block 9, PETRONAS Suriname will lead...