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Shell approves Aphrodite Gas Project in Trinidad and Tobago

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Shell Trinidad and Tobago Ltd. has taken a Final Investment Decision (FID) on the Aphrodite gas project in the East Coast Marine Area (ECMA). In a statement today, the company said the project will expand its integrated gas business by...
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ExxonMobil injects GY$170 billion into Guyana’s economy in 2024 – Routledge

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ExxonMobil Guyana and its partners spent over GY$170 billion with local businesses in 2024, according to company President Alistair Routledge. This forms part of a decade-long investment exceeding GY$525 billion with more than 2,000 Guyanese suppliers. “Their participation shows the...
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TotalEnergies files plans for offshore surveys in Suriname

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TotalEnergies Suriname has submitted draft environmental impact statements to Suriname’s National Institute for Environment and Development (NIMOS) for offshore oil exploration. The company plans to conduct geophysical surveys in shallow water Blocks 6 and 8, located 90 km offshore in...
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Atlas Professionals gears up Surinamese talent for GranMorgu offshore project

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As Suriname prepares for the large-scale GranMorgu offshore project, Atlas Professionals has launched a focused initiative to train and certify local talent for offshore roles, the company announced this week.  The “Greenhands Offshore” program is designed to identify and equip...
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Exxon executive affirms stability in Guyana outlook regardless of arbitration outcome

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ExxonMobil’s Senior Vice President Neil Chapman said Thursday that operations and investment plans in Guyana remain “100% aligned” among the Stabroek Block partners, despite an ongoing arbitration that could impact the ownership structure of the prolific offshore asset. “Zero change,”...
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ExxonMobil seeks ROV services for offshore operations near Georgetown

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ExxonMobil Guyana Limited (EMGL) said it plans to establish a goods and services agreement for Deepwater Subsea Remote Operated Vehicle (ROV) support.  In a public request for information, Exxon said the ROV services will assist oil and gas operations near...
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Suriname’s GranMorgu FPSO enters fabrication phase 

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SBM Offshore has begun fabrication of the GranMorgu floating production, storage and offloading (FPSO) vessel. On May 20, the company held a first steel cut ceremony at BOMESC Shipyard in Tianjin, China, marking the official start of topsides module...
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Afreximbank launches US$1 billion financing opportunity for Guyanese companies with Roadshow 

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The African Export-Import Bank (Afreximbank) has made a substantial advancement toward meeting its pledge of US$1 billion in financing for Guyanese companies, following an introductory conference this week. The two-day event, at the Guyana Marriott Hotel, represented a pivotal moment...
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ExxonMobil to establish multi-year offshore construction agreement for FPSO support

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ExxonMobil Guyana Limited (EMGL) plans to implement a multi-year enabling agreement for a suite of brownfield projects. The projects will primarily require offshore construction services, along with onshore fabrication and occasional onshore construction. According to EMGL, all work will be...
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Staatsolie locks in 20% participation in GranMorgu with US$1.6B loan

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Staatsolie Maatschappij Suriname N.V. has secured a US$1.6 billion bank loan to finance its 20% participation in the GranMorgu development in Block 58. The loan agreement was finalized on Wednesday, May 14, with a consortium of 18 international, regional, and...
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Eight Graduate Engineers complete SBM Offshore Guyana programme, nine join new cohort

Eight young Guyanese engineers have completed SBM Offshore Guyana’s Graduate Engineers’ Programme, marking the end of an intensive 18-month...

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