EnerMech strengthens Americas operations with multi-year strategic investment and leadership expansion

Nov. 4 - EnerMech has embarked on a multi-year, high-value investment program across its Americas operations, reinforcing its long-term commitment to the region and its people. This strategic outlay reflects the company’s confidence in the market despite global headwinds, as it continues to build a future-ready business anchored in local capability, leadership and talent. The enhancement plan encompasses equipment, people and facilities across... Continue Reading →

November 4, 2025 0

U.S.-Venezuela Tensions Intensify Regional Energy Risks

Nov. 3 (oilprice.com) U.S.-Venezuela tensions are again rippling through energy and security markets, prompting President Donald Trump to rule out immediate military strikes while maintaining a buildup of American naval assets in the Caribbean. His comments followed reports of U.S. patrols and maritime interdictions targeting narcotics routes linked to Caracas, a campaign that has drawn... Continue Reading →

November 3, 2025 0

Exxon beats Q3 profit estimates on higher Guyana, Permian production

Oct 31 (Reuters) - Exxon Mobil beat Wall Street estimates for third-quarter earnings on Friday, underpinned by higher oil and gas production in Guyana and the Permian Basin, which offset lower oil prices. Adjusted earnings during the July-to-September quarter were $8.1 billion, or $1.88 per share, beating analysts' consensus estimate of $1.82 per share, according to... Continue Reading →

October 31, 2025 0

Chevron tops Q3 earnings estimates with record production after Hess deal

Oct 31 (Reuters) - Chevron beat analyst estimates on Friday as record oil and gas production, boosted by its $55 billion acquisition of Hess, and stronger refining margins lifted the No. 2 U.S. oil producer's results for the third quarter. Adjusted earnings for the three-month period ended September 30 were $3.6 billion or $1.85 per share,... Continue Reading →

October 31, 2025 0

Brazil’s Petrobras studying logistics base in Amapa, says state’s governor

Oct 30 (Reuters) - Brazil's Petrobras has authorized studies for a logistics center in the Amazonian state of Amapa, where the state-run oil firm started exploring in a promising offshore block last week, state Governor Clecio Luis told Reuters. The company's logistics subsidiary Transpetro will do the studies, Luis said, adding the center would support... Continue Reading →

October 30, 2025 0

Guyana among few countries in the world where investments in O&G exploration remain robust

Oct. 23 (oilnow) While global oil and gas exploration has slowed dramatically over the past decade, Guyana stands as one of the few nations bucking the trend. According to Palzor Shenga, Vice President – Upstream Research at Rystad Energy, the South American country remains a leading light in an industry that has seen annual discoveries... Continue Reading →

October 23, 2025 0

TechnipFMC reports strong Q3 2025 results driven by subsea growth

Oct. 23 (oilnow) TechnipFMC has delivered another solid quarter, reporting total revenue of US$2.65 billion for the third quarter of 2025. Net income attributable to the company was US$309.7 million, or US$0.75 per diluted share, while adjusted net income reached US$312.1 million. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at US$518.9 million,... Continue Reading →

October 23, 2025 0

DOF Books Contract Extensions for Two Subsea Vessels

Oct. 23 (OE) Norwegian offshore supply vessel owner DOF Group has secured contract extensions for two of its subsea vessels, both operating in Guyana. The contract extensions are for Skandi Nomad and Skandi Constructor, which will remain on duty for one more year each. Following the extensions, Skandi Nomad is contracted until the fourth quarter... Continue Reading →

October 23, 2025 0

Saipem Reports 29% Rise in Profit

Oct. 22 (Reuters) Italy's Saipem said on Wednesday its third-quarter adjusted core profit rose 29% year-on-year as the energy contractor pocketed new orders in Turkey and Guyana. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) came in at 437 million euros ($510 million), marginally beating an analyst consensus of 433 million euros compiled by... Continue Reading →

October 23, 2025 0

Guyana not taking any gas development off the table, vice president says

Oct 16 (Reuters) - Guyana's Vice President said on Thursday the country will not take any possible gas development off the negotiation table, including Exxon Mobil's future offshore projects. Exxon's eighth project, Longtail, is expected to be the first to develop non-associated gas in Guyana, and two more discoveries, Haimara and Pluma, could follow. An Exxon... Continue Reading →

October 16, 2025 0

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Category: Guyana

EnerMech strengthens Americas operations with multi-year strategic investment and leadership expansion

U.S.-Venezuela Tensions Intensify Regional Energy Risks

Exxon beats Q3 profit estimates on higher Guyana, Permian production

Chevron tops Q3 earnings estimates with record production after Hess deal

Brazil’s Petrobras studying logistics base in Amapa, says state’s governor

Guyana among few countries in the world where investments in O&G exploration remain robust

TechnipFMC reports strong Q3 2025 results driven by subsea growth

DOF Books Contract Extensions for Two Subsea Vessels

Saipem Reports 29% Rise in Profit

Guyana not taking any gas development off the table, vice president says

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