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Letter-to-the-Editor: GEC is a conference for all Guyanese

Dear Editor, When the annual Guyana Energy Conference and Supply Chain Expo is hosted, this little giant of a country is given a unique spotlight....

10 exploration wells to be drilled offshore Suriname by 2026

10 wells will be drilled offshore Suriname in 2025-2026, Rystad Energy forecasted in a February 2025 release.   The Norway-based energy intelligence firm said the focus...

Exxon’s Longtail FPSO will substitute water injection capacity with more gas – Routledge

ExxonMobil’s planned Longtail floating production storage and offloading (FPSO) unit will have a significantly unique design from earlier Guyana developments, with increased gas compression...

Bacalhau FPSO arrives in Brazil, prepares for commissioning

The Bacalhau floating production storage and offloading (FPSO) unit has arrived at its final destination in the Santos Basin offshore Brazil, where it will...

Shearwater GeoServices to conduct 4D survey offshore Guyana for ExxonMobil

ExxonMobil has awarded Norwegian seismic company Shearwater GeoServices a contract to conduct a six-month 4D ocean bottom node survey offshore Guyana. The survey, set...
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Latest News

Letter-to-the-Editor: GEC is a conference for all Guyanese

Dear Editor, When the annual Guyana Energy Conference and Supply Chain Expo is hosted, this little giant of a country is given a unique spotlight....

10 exploration wells to be drilled offshore Suriname by 2026

10 wells will be drilled offshore Suriname in 2025-2026, Rystad Energy forecasted in a February 2025 release.   The Norway-based energy intelligence firm said the focus...

Exxon’s Longtail FPSO will substitute water injection capacity with more gas – Routledge

ExxonMobil’s planned Longtail floating production storage and offloading (FPSO) unit will have a significantly unique design from earlier Guyana developments, with increased gas compression...

Bacalhau FPSO arrives in Brazil, prepares for commissioning

The Bacalhau floating production storage and offloading (FPSO) unit has arrived at its final destination in the Santos Basin offshore Brazil, where it will...

Shearwater GeoServices to conduct 4D survey offshore Guyana for ExxonMobil

ExxonMobil has awarded Norwegian seismic company Shearwater GeoServices a contract to conduct a six-month 4D ocean bottom node survey offshore Guyana. The survey, set...
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All-female team led the inaugural Suriname Awareness Symposium

Three trailblazing women joined forces to pull off the first-ever Suriname Awareness Symposium (SAS). The symposium, according to the trio, showcases the power of...

Suppliers scope out potential opportunities at SBM Offshore’s Let’s Talk Local Content Forum 

Suppliers eager to play a role in Guyana’s oil and gas sector through SBM Offshore Guyana listened earnestly as the company outlined potential opportunities...

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Letter-to-the-Editor: GEC is a conference for all Guyanese

Dear Editor, When the annual Guyana Energy Conference and Supply Chain Expo is hosted, this little giant of a country is given a unique spotlight....

10 exploration wells to be drilled offshore Suriname by 2026

10 wells will be drilled offshore Suriname in 2025-2026, Rystad Energy forecasted in a February 2025 release.   The Norway-based energy...

Exxon’s Longtail FPSO will substitute water injection capacity with more gas – Routledge

ExxonMobil’s planned Longtail floating production storage and offloading (FPSO) unit will have a significantly unique design from earlier Guyana...

Bacalhau FPSO arrives in Brazil, prepares for commissioning

The Bacalhau floating production storage and offloading (FPSO) unit has arrived at its final destination in the Santos Basin...

Shearwater GeoServices to conduct 4D survey offshore Guyana for ExxonMobil

ExxonMobil has awarded Norwegian seismic company Shearwater GeoServices a contract to conduct a six-month 4D ocean bottom node survey...
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Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to 69 in 2024. In this...
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Noble Developer to drill three wells offshore Suriname

Noble Corporation announced on Monday that it has entered an agreement with PETRONAS Suriname E&P B.V. for the high-specification...

Exxon continues appraisal of Haimara gas discovery

ExxonMobil continues drilling at the Haimara-3 well, appraising its Haimara-1 gas discovery of 2019. Guyana’s Maritime Administration Department (MARAD) said...
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Guyana oil production averaged 656,000 b/d in December

ExxonMobil Guyana produced 20.3 million barrels of crude in December 2024 at an average rate of approximately 656,000 barrels per day (b/d). Production was nearly...

Six FPSOs targeting over five billion barrels of oil at Stabroek Block – Hess

Hess Corporation has revealed that nearly half of the Stabroek Block’s massive 11.6-billion-barrel reserve will be tapped with six...

Stabroek Block’s 2024 production exceeded 200 million barrels in November

ExxonMobil Guyana sustained stable production at its Stabroek Block projects in November 2024, accumulating 205 million barrels since the...
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Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The prospect is located about 170...

Russia strikes black gold off British Antarctic coast, 511 billion barrels worth 

(Yahoo News, May 13, 2024): Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading...

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
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Guyana’s oil fund got US$230 million in deposits in January 

Guyana’s Natural Resource Fund (NRF) received US$230 million (GY$48 billion) in deposits in January. These included payments for two lifts of crude oil sold...

CCJ ruling confirms process by which Stabroek co-venturers apply for and are granted project approvals is lawful

By Chevy Devonish In a previous article we examined how the Caribbean Court of Justice (“CCJ”) in Attorney General of Guyana v Environmental Protection Agency...

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Eight Guyanese form first cohort of MODEC’s trainee program in Guyana

Eight Guyanese have been selected for the inaugural cohort of MODEC's newly launched trainee program in Guyana, designed to offer global training, hands-on experience,...

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