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Promises for oil & gas unveiled as Guyana’s landmark elections now just days away  

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Oil is a major discussion point ahead of Guyana’s September 1 general election. The ruling People’s Progressive Party/Civic (PPP/C) is campaigning on a platform of continuity, while opposition parties vow to impose stricter oversight and secure a greater share...
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A snapshot of Suriname’s oil & gas progress in 2025

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PARAMARIBO, SURINAME: Suriname entered 2025 with growing momentum in its energy sector. Following a series of discoveries offshore, the focus is now shifting toward preparing for commercial production and the long-term development of the industry. The most significant milestone came...
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Suriname emerges as third largest offshore oil investment destination in the Americas – Energy Industries Council 

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Suriname is fast becoming one of the top offshore oil and gas hotspots in the Americas, ranking third in projected offshore exploration and production (E&P) investments by 2030, behind only Brazil and Guyana, according to the Energy Industries Council...
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Oil companies delivered 1,600+ training programs for Guyanese in 2024

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The Local Content Secretariat says oil companies in Guyana delivered more than 1,600 technical and non-technical programs for Guyanese in 2024, reflecting what Head of the Employment Unit Nicole Haynes described as “the continued commitment to upskilling the Guyanese...
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Upcoming Business Talk to address invoicing in Guyana’s oil & gas sector

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The Centre for Local Business Development, in partnership with the Greater Guyana Initiative, will host an in-person session titled ‘Understanding Invoicing in the Oil & Gas Industry’ on August 18.  The event, which is part of the Centre’s ‘Managing Growth:...
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bp makes largest oil & gas discovery in 25 years

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bp announced a major oil and gas discovery at the Bumerangue prospect in deepwater offshore Brazil, its tenth discovery of 2025 and the company’s largest in 25 years. The company stated that the 1-BP-13-SPS exploration well was drilled in the...
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TotalEnergies sees upside for Suriname oil project as plateau could stretch to 240,000 b/d

OilNOW -
TotalEnergies’ upcoming project offshore Suriname may exceed its planned production plateau of 220,000 barrels of oil per day (b/d), with Chairman and CEO Patrick Pouyanné saying the development could potentially handle up to 240,000 b/d. The GranMorgu project, located in...
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Chevron’s quarterly profit drops 44% due to lower oil prices, Hess shares revalue

OilNOW -
Chevron Corp reported a 44% drop in second-quarter profit on Friday, hurt by lower crude prices, weaker affiliate income, and a US$215 million loss tied to the fair value of Hess shares, even as the oil major posted record...
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Blue Water secures key logistics contract for Noble’s Block 52 campaign in Suriname

OilNOW -
Blue Water Suriname has secured the Rig Agency and Logistics & Shore Base Support contract for Noble Corporation’s operations in Block 52. Block 52 spans 4,749 square kilometres and lies off the coast of Paramaribo. Noble Developer, a semisubmersible Mobile Offshore...
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‘Guyana is not sitting still’ — President outlines aggressive maritime reforms to support oil-led growth

OilNOW -
With Guyana’s economy rapidly expanding on the back of its oil and gas sector, President Irfaan Ali has issued a clear signal to investors and regional stakeholders that the South American nation is not waiting to modernize; it’s already...
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What you need to know about the U.S. military build-up in the Caribbean

What began on August 14, when Washington ordered air and naval forces into the southern Caribbean reportedly to combat...

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