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Suriname promises green growth: Offshore oil to fund forest protection

As Suriname prepares for its first major offshore oil production, President Jennifer Geerlings-Simons said the government is committed to using those resources to protect the country’s vast forests and biodiversity.  She noted that Suriname remains “about 93%” forested and described...

High-tech seismic campaign offshore Guyana to wrap up in December

ExxonMobil Guyana will complete its latest seismic data acquisition campaign in December, marking the end of a months-long effort to improve how oil is produced and managed from the country’s offshore reservoirs. The company’s President, Alistair Routledge, said the work...

Atlantic Talent Inc. launches to revolutionize workforce development in Guyana’s oil & gas sector

A big step forward for Guyana’s workforce development has been announced with the formal establishment of Atlantic Talent Inc., a new joint venture between Guyana’s Fiscal Frontier Inc. and Canada’s Avara Solutions.  This partnership aims to address the growing demand...

Hammerhead gas to flow through pipeline as soon as project starts

Gas from ExxonMobil’s newly sanctioned Hammerhead development will begin flowing immediately through Guyana’s Gas-to-Energy (GtE) pipeline once production starts in 2029, ExxonMobil Guyana President Alistair Routledge said on Monday. This is unlike the Longtail project where gas will be reinjected...

Jagdeo says LNG remains a priority as Guyana moves to monetize its gas resources

Guyana’s Vice President Bharrat Jagdeo has reaffirmed that liquefied natural gas (LNG) remains a key option in Guyana’s plan to monetize its gas resources, even as ExxonMobil focuses on bringing more gas onshore for domestic use. Jagdeo sought to clarify...

MODEC seeks specialist for flash gas compressor maintenance on Guyana FPSO

MODEC Guyana Inc. (MOG) has issued a request for interest (RFI) seeking a subcontractor to deliver comprehensive field maintenance and technical support services for Flash Gas Compressor units. MODEC said the compressor units are for a floating production, storage...

Exxon’s Longtail to feature largest gas handling facility in Stabroek Block, targets 250,000 b/d of condensate

ExxonMobil Guyana Limited President Alistair Routledge said Longtail is on a clear 2026 decision track, speaking at an October 13 press briefing at the company’s new Ogle headquarters. He said the Environmental Impact Assessment is underway following early consultations.  Routledge...

Staatsolie’s 2024 Sustainability Report outlines low-carbon growth and offshore ambitions

PARAMARIBO, SURINAME - Staatsolie’s 2024 Sustainability Report showcases a year of major progress in responsible energy development, anchored by the company’s participation in the GranMorgu offshore project and a stronger focus on low-carbon, transparent and socially responsible growth.  The company’s...

Noble Regina Allen rig set to drill Korikori-1 exploration well offshore Suriname

Suriname's state oil company Staatsolie announced on Wednesday that drilling of the Korikori-1 exploration well at Block 5 will be carried out by the Noble Regina Allen rig, which is expected to arrive in the first half of October.  The...

Jaguar FPSO deal wins Latin Finance’s Oil & Gas Financing of the Year award 

Intelligence source Latin Finance has named the Jaguar FPSO financing deal as its Oil & Gas Financing of the Year, spotlighting the project’s innovative structure and its pivotal role in Guyana’s rise as a global offshore powerhouse. According to the...

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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...