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OTC panel hones in on Guyana private sector growth as oil output hits 668,000 b/d

Guyana’s economic rise and the growing role of its private sector were the focus of a panel discussion at the Offshore Technology Conference (OTC) on May 7. The South American nation took the spotlight in the ‘Around the World...

Guyana Pavilion opens to thousands at world’s largest oil and gas conference in Texas 

The Guyana Pavilion officially opened Monday at the 2025 Offshore Technology Conference (OTC), taking place at NRG Park in Houston, Texas, where thousands of global energy professionals have gathered to explore the latest innovations in offshore development. The Offshore Technology...

Macaw-1 to kick off Suriname’s offshore exploration drive – Staatsolie 

TotalEnergies will begin drilling the Macaw-1 exploration well in Suriname's Block 64 by mid-May 2025. According to the state-owned Staatsolie, the well is the first of five exploration wells planned offshore Suriname this year. The Macaw-1 is part of an...

Letter-to-the-Editor: Women are making commendable strides in the oil and gas industry

Dear Editor, It is with immense pride—and a touch of disbelief—that I write this letter as a reminder to myself and to other women that anything is possible. Just a few days ago, I came across an article that stated 75%...

Cranes Guyana Inc. to develop US$285M port in Berbice – President Ali 

Muneshwers Limited and John Fernandes Limited, through its joint venture Cranes Guyana Inc., will invest over US$285 million for a modern port facility in Berbice. The project, which was first announced during this year’s Local Content Summit, is expected to...

Guyanese logistics companies teaming up to develop modern port

Muneshwers Ltd. and John Fernandes Ltd. are working through their joint venture, Cranes Guyana Inc., to bring a modern port to the South American nation’s coast.  The two leading shipping and logistics companies are setting the stage for what could...

Ali: Guyanese must invest in the country’s energy future 

President Dr. Irfaan Ali made a strong call for Guyanese investors to directly participate in the country’s booming energy sector. Speaking at the 2025 Local Content Summit, Ali laid out a strategy centered on local ownership, risk-sharing, and new...

Saipem secures US$720 million offshore contracts, including a major Guyana project

Italian engineering firm Saipem has been granted a Limited Notice to Proceed (LNTP) from ExxonMobil Guyana Limited for subsea structures, umbilicals, risers, and flowlines (SURF) work at the proposed Hammerhead oil field development in the Stabroek Block.  The project site...

Meet Kathy Smith: The first woman to lead GCCI and her trailblazing journey

Kathy Smith, the first woman elected President of the Georgetown Chamber of Commerce and Industry (GCCI), embodies resilience, determination, and a commitment to uplifting others. Her election reflects not only her inspiring journey but also the Chamber's dedication to...

Caribbean energy players march to polls in a year of decisive elections

Several Caribbean nations with significant energy interests are heading to the polls in 2025, setting the stage for elections that could reshape the region’s energy policies.  From Guyana and Trinidad and Tobago to Suriname, voters will decide on leaders who...

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Environmental permits and production licenses serve distinct roles for oil and gas developments

Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects...