Guyana’s Natural Resource Fund (NRF) received about US$195 million in November 2025, driven by crude oil sales and the first signing bonus paid to the fund, according to the latest NRF report.
The fund took in roughly US$191.6 million from...
Construction of the Guyana Technical Training College (GTTC) at Port Mourant, Berbice has been completed and the facility is ready to receive its first full cohort of students in January, President Irfaan Ali revealed this week on Facebook.
The campus...
BOURBON signed a five-year contract with ExxonMobil Guyana Limited to provide maritime support services from early 2026, the French offshore operator said on Wednesday.
The deal includes extension options and will deploy the large platform supply vessel Bourbon Calm to...
DOF Subsea’s Skandi Constructor made its first entry into the Demerara Channel and Port of Georgetown on December 3, a major development for Guyana’s offshore support capabilities. The Centre for Local Business Development announced the visit on December 9.
The...
Guyana is preparing to launch its first 3D multi-client seismic survey since 2008, a move officials say will shape future licensing rounds and strengthen the country’s position as a competitive exploration destination.
The update was delivered by Bobby Gossai, Senior...
Chevron Corporation’s newly announced 2026 capital program puts fresh emphasis on Guyana, underscoring the company’s deepening stake in one of the world’s most prolific oil basins, following its acquisition of Hess Corporation.
The company unveiled an organic capex range of...
Guyana’s crude exports in November showed a broad spread of destinations, with rare buyers in Asia taking barrels displaced by an increasingly saturated European market, according to data from the Maritime Administration Department (MARAD) and vessel-tracking platforms.
A total of...
Dear Editor,
As a public analyst, I have been closely monitoring the performance of the global oil industry in recent years. Notably, ExxonMobil’s progress in Guyana stands out, and 2025 has already marked another phase of significant development that contributes...
SBM Offshore Guyana and MODEC Guyana were recognized for their contributions to national development and workforce expansion at the Guyana Oil and Gas Energy Chamber’s (GOGEC) 2025 Annual Awards and Induction Dinner on November 28.
SBM Offshore Guyana received the...
MODEC Guyana is inviting qualified subcontractors to provide start-up, maintenance and optimization services for its seawater treatment systems.
The company is seeking skilled manpower, tools and resources to perform commissioning and start-up, planned and corrective maintenance, remote monitoring and technical...
