SBM Offshore has received approval in principle from the American Bureau of Shipping (ABS) for a new floating production, storage and offloading (FPSO) design focused on blue ammonia production. The company stated in a media release on September 11 that...

Petronas is deepening its assessment of a gas discovery offshore Suriname as research in Block 52 moves into a new phase that could determine the viability of large-scale development. During a September 8 meeting with President Jennifer Simons, Petronas Executive...

Suriname’s state oil company Staatsolie announced it will open a new offshore licensing round on November 24, 2025, giving investors the chance to bid for open acreage under flexible contract terms. The Open-Door Offering will allow companies to select their...

MODEC Guyana Inc. has announced that it is seeking a subcontractor to provide industrial gas supply services for its operations in Guyana. The company said the subcontractor will be responsible for ensuring high standards of material quality, supply reliability,...

Oil is a major discussion point ahead of Guyana’s September 1 general election. The ruling People’s Progressive Party/Civic (PPP/C) is campaigning on a platform of continuity, while opposition parties vow to impose stricter oversight and secure a greater share...

The Energy Chamber of Trinidad and Tobago has released an updated map of upstream activity as of August 2025, showing how several projects have shifted through the development cycle in the past six months.  The map was first unveiled at...

PARAMARIBO, SURINAME - Suriname entered 2025 with growing momentum in its energy sector. Following a series of discoveries offshore, the focus is now shifting toward preparing for commercial production and the long-term development of the industry. The most significant milestone...

OMNI Helicopters has welcomed its first two Guyanese pilots, Yadram Ramcharran and Somant Heerelall, who have completed training to support offshore oil and gas operations in Guyana. Speaking at the graduation ceremony held on Thursday, Gerry Gouveia Jr., Director of...

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 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...