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Petronas adds Roystonea-2 to Suriname exploration campaign

PETRONAS has added the Roystonea-2 appraisal well to its exploration program in Block 52 offshore Suriname, according to Staatsolie. Staatsolie said the well will “further evaluate the oil discovery made with the Roystonea-1 in November 2023”.  Roystonea-2 is part of a...

Exxon gives back portion of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the government, fulfilling a contractual obligation to return a portion of the licensed area at a key juncture, the Ministry of...

Noble launches pre-qualification for offshore scaffolding services in Guyana

Noble Finance Company, an affiliate of Noble Corporation, has issued a Request for Information (RFI) to pre-qualify companies capable of delivering scaffolding services offshore Guyana. The company is seeking detailed responses from vendors to support its operations in the Stabroek...

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...

Could CGX’s loss be another company’s reward? The Wei-1 scenario

When CGX Energy Inc. announced a discovery at the Kawa-1 well in February 2022, expectations soared. For the first time in 20 years, CGX had finally delivered a historic find, potentially placing Guyana on track for a second major...

Halliburton hosts groundbreaking student hackathon at SEOGS 2025

Halliburton concluded its first-ever Student Hackathon at the Suriname Energy, Oil & Gas Summit (SEOGS) 2025, highlighting emerging talent and digital innovation in the oil and gas sector. The event brought together university students from across Suriname to address...

GranMorgu development to also tap Baja discovery – TotalEnergies

TotalEnergies announced on Friday that it will leverage its GranMorgu development to also tap the Baja discovery in Suriname's Block 53. The company recently signed an agreement to acquire the 25% interest in the block, formerly held by CEPSA....

Guyana seeking firm to construct new NGL storage and offloading facility 

The Guyana government has launched a two-part procurement process for the development of a natural gas liquids (NGL) storage and marine offloading facility, a key component of the country’s landmark Gas-to-Energy project. In the first of two notices published on...

Technip Energies highlights collaborative role in GranMorgu FPSO project

PARAMARIBO, SURINAME  - In an exclusive interview with OilNOW during the Suriname Energy, Oil & Gas Summit (SEOGS) 2025, Lorenzo Disaro, FLNG-LNG Offshore Business Director at Technip Energies, outlined the company’s role in the development of the GranMorgu floating...

Baker Hughes achieved 55% Guyanese workforce in 2024

Baker Hughes reached a major local content win in 2024, with 55% of its workforce in Guyana made up of Guyanese. The company credits sustained investment in local talent and a people-centered development strategy. “People first energy board is really...

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Ali projects GY$870 billion housing investment for Guyana, 30,000 new homes over next five years

Guyana's President, Dr. Mohamed Irfaan Ali, has outlined plans for a GYD870 billion expansion in the country's housing sector...