Suriname is abuzz with energy. And hope too, as the country’s first offshore oil development is set to be sanctioned in a matter of months.  Thanks to successful hits in Suriname’s Block 58, operator TotalEnergies is forging full steam ahead...

Paramaribo, Suriname - Opening the 2024 edition of the Suriname Energy Oil and Gas Summit and Exhibition, President Chandrikapersad Santokhi gave assurance to oil companies of the Dutch-speaking nation's stable environment as he beckoned new investments.  Suriname's potential as an...

Paramaribo, Suriname - Staatsolie, Suriname's state oil firm, has big plans for its offshore oil sector, with an extensive exploration program eyed over the next two years.  "We are planning...lots of exploration wells, which is exciting because it gives the...

Namibia has the potential to replicate Guyana's success in the oil sector, said NJ Ayuk, Chairman of the African Energy Chamber.  In a recent conversation with Petroleum Economist’s editor-in-chief, Paul Hickin, Ayuk praised both countries for their rich geological resources...

Japanese shipbuilder MODEC will hold a Vendor Engagement Forum on May 14, 2024. The company will engage with Guyanese suppliers at the Centre for Local Business Development (CLBD) office in Georgetown. The forum will include information-sharing about MODEC’s procurement...

SBM Offshore is seeking to hire Guyanese fabricators once again to support the construction of a floating production, storage and offloading (FPSO) vessel for another ExxonMobil development at the Stabroek Block. Guyana Deep Water Operations Incorporated, an affiliate of SBM...

ExxonMobil Guyana Limited (EMGL) is gearing up to finalize an agreement for freight forwarding services to seamlessly move company materials, equipment, and supplies to and from designated origins and destinations.  According to a public request for information (RFI), under the...

The second leg of the Guyana-Monaco Mousetrap Car Grand Prix was held on April 19 at the Everest Cricket Ground, with seven participating schools – Abram Zuil Secondary, Diamond Secondary, Friendship Secondary, Johanna Cecelia Secondary, St. Roses High, St....

In his address at the opening of the April 16 Local Content Summit in Georgetown, President of Guyana, Dr. Mohamed Irfaan Ali, said the "Guyana Brand" has reached unprecedented levels of global recognition and influence, signaling a new era...

Guyana President Dr. Mohamed Irfaan Ali believes that 45 days after receipt of a correct invoice is too long a wait period for oil companies to pay their contractors. The President discussed the matter at the Local Content Summit...