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Patrick Brunings nominated to lead new Oil and Gas Ministry

PARAMARIBO, SURINAME - Suriname’s incoming coalition government has nearly finalized its Cabinet ahead of the July 16 inauguration, with the nomination of Patrick Brunings as Minister of Oil, Gas and the Environment, marking a key step in the formation...

Bechtel advances work on Guyana’s Berbice Deep-Water Port to support second gas development

Bechtel Corporation is progressing on developing a deep-water port at the Berbice River's mouth. On Wednesday, Bechtel executives met President Irfaan Ali, who stressed the government's need to expedite the project for Guyana’s oil and gas sector growth. “This project...

Jennifer Geerlings-Simons makes history as Suriname’s first female President amid offshore oil plans 

PARAMARIBO-SURINAME - Suriname’s National Assembly convened on Sunday to elect the country’s next president in an important parliamentary session. In a historic outcome, Jennifer Geerlings-Simons was chosen to lead the Republic, becoming the first female president in Suriname’s history...

Technip Energies: FLNG is the smart choice for Guyana-Suriname gas monetisation

Floating Liquefied Natural Gas (FLNG) offers the most efficient and cost-effective path for monetising gas in the Guyana-Suriname Basin, says Lorenzo Disaro, Offshore Business Director for FLNG-LNG at Technip Energies. “Instead of injecting the gas, it makes sense to send...

Electricity generation from natural gas can save Guyana one million US dollars per day

Guyana currently uses Bunker C fuel to generate electricity nationwide. While this fuel has been primarily used for that purpose, the associated natural gas, which is intended for electricity generation, will reduce costs and enable the country to save...

OMNI Helicopters adds four to offshore search and rescue team in Guyana

OMNI Helicopters Guyana Inc. (OHGI) has expanded its offshore search and rescue (SAR) crew with the graduation of four new locally trained professionals, the company said on LinkedIn last week. The new additions completed a three-month training program and will...

GranMorgu FPSO: A closer look at the vessel powering Suriname’s first offshore oil project

PARAMARIBO, SURINAME – SBM Offshore and Technip Energies are building Suriname’s first floating production, storage and offloading (FPSO) unit for the upcoming GrandMorgu field. The vessel, scheduled to arrive in-country by mid-2028, will be critical to the project’s success,...

GranMorgu project sets new offshore benchmark for Suriname

PARAMARIBO, SURINAME - The GranMorgu development in Suriname’s Block 58 is “essentially double” the size of comparable offshore projects in the region, according to Gianluigi Della Rosa, Country Manager for Guyana and Suriname at Saipem.  Speaking at the Suriname Energy,...

Almost 50% of Suriname’s offshore acreage under contract – Staatsolie

PARIMARIBO, SURINAME - Almost 50% of Suriname’s offshore acreage is now under contract, according to its state oil company, Staatsolie.  Managing Director, Annand Jagesar, provided the update during his welcome address as the 5th Suriname Energy Oil and Gas Summit...

ExxonMobil drilling Hamlet-1 well in gas-rich southeastern Stabroek Block

ExxonMobil has started drilling the Hamlet-1 exploration well in the southeastern section of Guyana’s Stabroek Block. This area near the Suriname border has yielded more natural gas than oil in previous discoveries. The Guyanese government is prioritizing the development of...

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ExxonMobil posts US$4.2B Q1 earnings as Guyana production tops 900,000 b/d, sets new record

Exxon Mobil Corporation reported first-quarter 2026 earnings of US$4.2 billion, or US$1.00 per share, the company said on May...