Guyana expands Caribbean energy partnerships as oil production grows
(WO) — Guyana is strengthening energy partnerships across the Caribbean as the country’s rapidly expanding offshore oil sector…
Fresh Discoveries Push Petronas Closer to Suriname Mega Project
Malaysia’s state-owned energy giant Petronas has unlocked more than 1 billion barrels of oil equivalent (boe) in recoverable…
Noble scores $1.3 billion in rig deals and enters Norway’s floater drilling scene
U.S.-headquartered offshore drilling contractor Noble Corporation has picked up new assignments for nine drilling rigs in its fleet,…
Global drilling is a mixed bag during 2025
OLIVIA KABELL, Associate Editor The short-to-near term outlook for global upstream activity looks to be restrained, considering that…
Despite Delays Suriname’s Oil Boom is Fast Becoming a Reality
It is a long time coming, but the impoverished South American country of Suriname is poised to enjoy…
Hess to exit Suriname exploration block after partners walk away over risks
Block 59’s sea depth ranges between 2,700 and 3,500 meters, Staatsolie said, and Hess’ former partners had left…
Rubio vows stern response if Venezuela attacks Guyana
PARAMARIBO, Suriname (AP) — U.S. Secretary of State Marco Rubio vowed Thursday that the United States will respond…
The Top 5 Oil Exploration Prospects of 2025
The global oil industry saw approximately 120 oil and gas discoveries in 2024, the overwhelming majority of which…
Suriname’s Offshore Oil Exploration Poised for Major Growth
The Guyana-Suriname Basin has seen significant activity in recent years, with Guyana alone unearthing more than 13 billion…
Suriname’s Offshore Oil Exploration Poised for Major Growth
The Guyana-Suriname Basin has seen significant activity in recent years, with Guyana alone unearthing more than 13 billion…
