PARAMARIBO, SURINAME – Suriname published a new State Decree S.B. 2025 No. 124 on October 22, with the name of ‘Decree on Task Description of Ministries 2025’ taking effect retroactively from July 16th, 2025. At first, it appears to...

Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith says Guyana’s oil industry is transforming the way local enterprises operate, pushing small and medium businesses to scale up, form partnerships, and think globally. “I’m seeing them as the winners,”...

SBM Offshore hosted an interactive session with over 90 members of the Surinamese community in Rotterdam on October 16, underscoring its commitment to local engagement as Suriname advances toward its first offshore oil development at Block 58. In a press...

Suriname has officially established the Ministry of Oil, Gas & Environment, following the publication of State Decree S.B. 2025 No. 124 on October 22. The decree, signed by President Jennifer Geerlings-Simons, establishes and defines the tasks of all ministries. Under...

PARAMARIBO, SURINAME – On Tuesday, October 21, representatives from TotalEnergies and Staatsolie met with President Jennifer Geerlings-Simons to report that Suriname’s large-scale offshore GranMorgu oil project in Block 58 is 23% complete, according to a report from the Office...

Dear Editor, I don’t think we give enough credit to the Guyanese businesses quietly driving our nation's oil and gas transformation. Behind every FPSO launch and offshore milestone, there are local companies keeping the wheels turning: the caterers who feed...

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...

TotalEnergies EP Suriname hosted a two-day workshop this week aimed at strengthening local participation in offshore supply vessel services as the country prepares for oil production from the GranMorgu project in Block 58. Held on October 6–7 in collaboration with...

The Guyana Technical Training College Inc. (GTTCI) has officially launched its 18-month accredited Advanced Diploma in Oil and Gas course at the new, soon-to-be-completed campus in Port Mourant, Berbice. On October 6, 28 trainees were welcomed by Professor Emeritus Clement...

Italian oilfield services company Saipem announced that it has completed the first complex subsea structure ever built in Guyana, describing it as a milestone for the country’s local content initiative. The Pipeline End Termination (PLET), manufactured at the Vreed-en-Hoop Shorebase,...