Noble secures US$565M in new contracts; ExxonMobil Guyana work to continue into 2027
Offshore drilling contractor Noble Corporation has reported a strong start to 2026, securing approximately US$565 million in new contract awards while locking…
Category: OIL & GAS
Strait crisis puts Guyana among key oil supply drivers – Rystad
Guyana has been identified as one of the countries the world is increasingly looking to for additional oil supply, as shifting global…
Guyana among high-growth offshore markets as global subsea demand climbs -Westwood
Guyana has been identified as one of the emerging hotspots for offshore oilfield equipment, as global demand for subsea trees continues to…
Drilling at Uaru, East Coast surveys set to ramp up maritime activity
The Maritime Administration Department (MARAD) has issued two Notices to Mariners warning of ongoing offshore drilling activities and upcoming geophysical surveys along…
Uaru FPSO to push Guyana’s oil production past 1M barrels daily by year-end
Guyana’s oil production is set to surpass one million barrels per day by the end of 2026, as ExxonMobil advances preparations for…
NRF climbs to $796.2B at end of February
Guyana’s Natural Resource Fund (NRF) recorded another increase in its balance at the end of February 2026, rising to $796.2 billion, according…
Gov’t investing heavily in local training to build globally competitive oil and gas workforce
Guyana is ramping up efforts to train a world-class oil and gas workforce locally, with President Dr. Mohamed Irfaan Ali revealing that…
Bharrat says Guyana’s oil and gas sector among best-managed globally
Minister of Natural Resources Vickram Bharrat on Tuesday told the National Assembly of Guyana that Guyana’s oil and gas sector is now…
Rubio warns investors will ‘just invest the money in Guyana’ if Venezuela lacks certainty
United States Secretary of State Marco Rubio has said international energy investors are unlikely to take risks in Venezuela’s oil sector if…
Oil and gas steadfast with 16.2% projected growth in 2026 as production nears 840,000 bpd -Dr. Singh
Guyana’s oil and gas sector will continue to anchor strong economic expansion in 2026, with overall growth projected at 16.2 per cent,…
