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Technip Energies: FLNG is the smart choice for Guyana-Suriname gas monetisation

Floating Liquefied Natural Gas (FLNG) offers the most efficient and cost-effective path for monetising gas in the Guyana-Suriname Basin, says Lorenzo Disaro, Offshore Business Director for FLNG-LNG at Technip Energies. “Instead of injecting the gas, it makes sense to send...

US remains Guyana’s main energy partner, says Foreign Secretary

Guyana’s Foreign Secretary, Robert Persaud, said the involvement of major US energy companies in Guyana contributes significantly to the South American nation’s energy security and that of the wider Caribbean. Persaud made the observation in a recent social media...

Venezuela Border Controversy: Guyana’s defence is not about size, it’s about strategy – Brigadier Khan

Guyana’s Chief of Defence Staff, Brigadier Omar Khan, said the Guyana Defence Force (GDF) is implementing a focused military strategy to strengthen its capabilities as tensions with Venezuela persist. “Yes, Venezuela has increased their aggression against Guyana,” Brigadier Khan stated...

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...

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...

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Halliburton Latin America revenue up 22% to US$1.1 billion in Q1 2026

Halliburton reported stronger performance in Latin America in the first quarter of 2026, with revenue rising 22% year over...