French oil company Total is looking to pursue further investment opportunities in Guyana with special interest in the areas of low carbon and renewable energy. President and Chief Executive Officer (CEO) Jean-Michel Lavergne, and Oliver Wattez, Guyana Branch General Manager...

Gross production from the Liza Phase 1 Development at the Stabroek Block offshore Guyana has been averaging 105,000 barrels of oil per day in the last few weeks with a full ramp up in output expected by December. This is...

Hess Corporation, a 30 percent stakeholder at the Stabroek Block offshore Guyana, said on Wednesday that the estimated gross discovered recoverable resources have been updated to approximately 9 billion barrels of oil equivalent (boe) on the block. In releasing its...

China National Offshore Oil Corporation (CNOOC), a 25% stakeholder in Guyana’s Stabroek Block, said it achieved a total net production of 131.2 million barrels of oil equivalent (boe) for the third quarter of 2020, representing an increase of 5.1%...

The pandemic-driven downturn in the oil and gas industry is threatening the global floater fleet which could see up to a quarter of the installations being scrapped, even as orders for new oil producer Guyana is set to grow. Rystad...

The Energy Chamber of Trinidad & Tobago (ECTT) and Suriname state oil company Staatsolie Maatschappij Suriname N.V. (Staatsolie) have signed a Memorandum of Understanding (MoU) to collaborate on building health, safety and environmental (HSE) capacity in the Surinamese oil...

With the emergence of offshore exploration and production activities in Guyana, more Guyanese have been positioning themselves to benefit from growing business opportunities in the country with one such individual making it clear; “It’s a great time to be...

The start of oil production in Guyana will see more people migrating to the South American country in coming years contributing to a significant increase in the demand for electricity, housing, and other supporting infrastructure. In its recently released paper...

Dutch floater specialist SBM Offshore, the builder and operator of the Liza Destiny FPSO currently producing oil offshore Guyana, is moving ahead with technological advancements that will see lower carbon intensive vessels being built, including those targeting additional developments...

The semi-submersible rig Maersk Developer earlier this month spudded the Sloanea-1 well in Suriname on the same day the Mærsk Discoverer began operations at the Matapal development in Trinidad and Tobago (T&T). “Earlier this month, Maersk Developer spudded the Sloanea1...