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OMNI Helicopters adds four to offshore search and rescue team in Guyana

OMNI Helicopters Guyana Inc. (OHGI) has expanded its offshore search and rescue (SAR) crew with the graduation of four new locally trained professionals, the company said on LinkedIn last week. The new additions completed a three-month training program and will...

Guyana’s 2025 oil revenues cross US$1 billion mark

Guyana’s Natural Resource Fund (NRF) has surpassed the US$1 billion mark in crude oil revenue deposits this year through May 2025, as robust production from the ExxonMobil-led Stabroek Block continues to provide money for the government’s national development priorities. The most...

SBM Offshore gets O&M contract for first Suriname FPSO 

SBM Offshore inked a deal for the operations and maintenance (O&M) of the GranMorgu floating production, storage and offloading (FPSO) vessel with TotalEnergies, the Dutch shipbuilder said Thursday morning.  TotalEnergies’ Suriname affiliate TotalEnergies EP Suriname B.V. awarded the contract, which...

Advisory firm says Guyana’s role in global energy market growing 

Guyana’s influence in the global oil market is no longer theoretical. According to Guyanese start-up Keystone Consulting, the South American nation is already playing a stabilizing role in global energy supply, emerging as one of the few new producers...

Lanternfish-1 and Blacktip-1 among top global high-impact wells for 2025, says S&P Global

PARAMARIBO, SURINAME – Two Guyana prospects – Lanternfish-1 and Blacktip-1 – have been ranked among the world’s most significant high-impact wells targeted for drilling in 2025, according to S&P Global Commodity Insights.  These wells were featured on S&P’s global map...

GGI to launch new call this July for proposals to drive capacity building in Guyana

The Greater Guyana Initiative (GGI) will open a new call for proposals in July, inviting projects aimed at advancing strategic capacity development across the country. Backed by a US$100 million (GY$20 billion) investment from ExxonMobil Guyana Limited, Hess Guyana Exploration...

Lukanani-2 drilling underway as Exxon deepens oil search

ExxonMobil has commenced drilling operations at the Lukanani-2 well site in the Stabroek Block, another step in its continued exploration campaign offshore Guyana. According to a notice from the Maritime Administration Department (MARAD), drilling commenced on June 11 and will...

OMS Subsea debuts operations in Guyana, bringing ROV and diving support to oil industry

OMS Subsea officially launched its operations in Guyana, introducing remotely operated vehicle (ROV) and diving support services to the country’s growing oil and gas industry. This is regarded as a significant enhancement of Guyana’s subsea capabilities in the local...

SBM Offshore advanced global recruitment in 2024, expanded training programs in Guyana

SBM Offshore recruited 1,274 new staff in 2024, with the majority based in Brazil, India, and Guyana. “New joiners are successfully prepared for their jobs through intensive local onboarding,” the company stated in its 2024 annual report. Leadership training was...

Nearly one in seven dollars of Exxon’s global profit came from Guyana in 2024

ExxonMobil’s oil operations offshore Guyana earned it US$4.73 billion in profit last year. That accounted for nearly one in every seven dollars, or 14.04%, of the company’s global profit of US$33.68 billion in 2024, up from just US$0.63 billion...

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Thousands of teachers and students in Guyana are expected to feel the impact of ExxonMobil’s STEM investment

ExxonMobil is positioning long-term science and engineering education as central to Guyana’s workforce development, with executives and students underscoring...