A consortium of Petronas, QatarEnergy and TotalEnergies signed its Petroleum Exploration License for the S4 shallow block in Guyana’s offshore waters, a historic feat after the country’s maiden auction launched in 2022. The signing ceremony was held this morning...
Suriname's National oil company, Staatsolie Maatschappij Suriname N.V., (Staatsolie) ramped up investment in workforce development in 2024 as the country prepares for its first major offshore oil development.
The company’s latest sustainability report, published in early October, details a flagship...
Local suppliers in Guyana’s oil and gas industry were given an opportunity to strengthen their participation in the sector through SBM Offshore Guyana’s annual Vendor Day, held this week at the Pegasus Suites.
The event brought together more than 50...
Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith says Guyana’s oil industry is transforming the way local enterprises operate, pushing small and medium businesses to scale up, form partnerships, and think globally.
“I’m seeing them as the winners,”...
ExxonMobil Guyana Limited has issued a Request for Information (RFI) to identify qualified suppliers to provide a Local Insurance Policy for the Hammerhead Construction All Risk (CAR) Insurance Package Program.
The RFI seeks insurers who meet the requirements under section...
Two of ExxonMobil’s key subsea contractors — TechnipFMC and DOF Subsea — are set to host Supplier Engagement Forums in November as Guyana’s offshore oil industry continues to expand. Both events will take place at the Centre for Local...
SBM Offshore hosted an interactive session with over 90 members of the Surinamese community in Rotterdam on October 16, underscoring its commitment to local engagement as Suriname advances toward its first offshore oil development at Block 58.
In a press...
With the start of offshore oil production just a few years away, Suriname’s President Jennifer Geerlings-Simons is focusing on ensuring citizens and local companies benefit.
She told Newsweek in a recent interview: “Surinamese people and Surinamese companies need to participate...
Saipem Guyana’s operations are powered largely by Guyanese talent, according to Country Manager Gianluigi Della Rosa. In a LinkedIn post on October 8, Della Rosa said that of the 220 people employed at the company’s Vreed-en-Hoop shore base in...
The award of new oil blocks in Guyana will open the door for more Guyanese to benefit from the country’s expanding petroleum industry, according to Michael Munroe, Director of the Local Content Secretariat.
Munroe, who also serves as a legal...
Staatsolie Maatschappij Suriname N.V. and Suriname’s Tax Department have launched a three-year capacity-building program to strengthen tax and customs...
