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The PAA Series: Environmental Management – Decommissioning (Part 1)

In PAA Series: Introduction we summarised the contents of Part IX of the Petroleum Activities Act 2023 (‘PAA’) which contains provisions for a critical environmental management process called ‘decommissioning’ which usually occurs at the final stage of exploration or...

TotalEnergies says Suriname’s offshore development shaped by complex geology and logistics

Frédéric Beys, Project Director for TotalEnergies’ GranMorgu development, said the company’s first Suriname oil project has been slowed by geological and logistical challenges that shaped its design and timeline.  “The geology of Block 58 in Suriname is much more complex...

23 days until Guyana’s elections: These are the runners gunning for the Presidency

With just 23 days to go before Guyana heads to the polls, the race for the presidency is heating up. Key contenders are vying to lead the country through its next chapter, fueled by billions in oil revenues.   Six parties...

Guyana gasoline prices now lowest in the region

Guyana recorded the lowest gasoline price in the Caribbean region in July, well below the global average, according to data shared by the Energy Chamber of Trinidad and Tobago last Thursday. The Chamber’s analysis, which drew on figures from globalpetrolprices.com,...

ExxonMobil Guyana targets procurement improvements to boost supplier engagement 

ExxonMobil Guyana is working to improve procurement processes to ensure broader access and deeper engagement with local suppliers, Socioeconomic Manager Lorna Carlson said Friday at the 2025 Guyana Supplier Forum.  “As the operator, ExxonMobil Guyana Limited is committed to deepening...

Suriname stands at turning point with new President, oil promise

PARAMARIBO, SURINAME - Nestled on South America’s northern coast, Suriname is now at the threshold of profound change.  On Wednesday, amid a fragile six-party coalition, Jennifer Geerlings-Simons was inaugurated as the country’s first female president. From her first address, President...

Technology and talent driving Blue Water Shipping’s success in Guyana

Companies that have managed to balance training, competency enhancement, and investment are among the “most successful” in Guyana’s booming energy sector. And those very values are key to Blue Water Shipping, according to its Senior Vice President of Sales...

Guyana journalists explore the geopolitics of energy, climate change in pivotal three-day workshop

A three-day workshop on the Geopolitics of Energy and Climate Change in Latin America concluded on Sunday at Cara Lodge in Georgetown, drawing participation from local journalists and communications students from the University of Guyana. The event, which took place...

LearnCorp trained over 100 Guyanese Technicians since 2019 – CEO Phil Doody

Since launching its partnership with Guyana in 2019, LearnCorp International (LCI) has trained more than 100 Guyanese technicians, according to company President and CEO, Phil Doody. “I think it’s 103,” Doody stated during an exclusive interview with OilNOW, referencing the...

TotalEnergies’ GranMorgu director highlights innovation, efficiency gains in Suriname project

PARAMARIBO, SURINAME - Frédéric Beys, GranMorgu Project Director at TotalEnergies, highlighted the company’s forward-thinking strategy and sustainability-driven innovations during remarks at the 2025 Suriname Energy, Oil & Gas Summit (SEOGS). “We will spend, altogether, 30 million man hours on this...

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GranMorgu session in Rotterdam draws diaspora interest as Suriname eyes Singapore-level development

ROTTERDAM, NETHERLANDS – Suriname is aiming to use its offshore oil resources to drive national development to levels comparable...