Guyana’s government expects initial firing and testing of the first turbine at the Wales Gas-to-Energy Project in December. The turbine is expected to provide about 57 megawatts (MW) to the national grid. 

Wood has been awarded a new $200 million contract by ExxonMobil PNG (EMPNG) for construction services in support of the EMPNG operated PNG LNG Project in Papua New Guinea (PNG).

PBS Group has completed its acquisition of Trinidad Systems Limited (TSL), purchasing the remaining 55% interest in the company.

TotalEnergies expects its Acacia-5 oil discovery to add 6,000 barrels per day to production from Angola’s Block 17. First oil is planned three months after the discovery was made in June 2026.

Chevron's joint ventures in Venezuela plan to invest more than US$7 billion over the next five years, following new agreements that expand the company's acreage and set updated terms for its operations in the country. 

Ammonia output from the six Trinidad and Tobago plants that reported production rose 9.7% in the first quarter of 2026, recovering part of the volume lost when Nutrien shut its Point Lisas operations.

Venezuela has signed an agreement with GE Vernova to rehabilitate and expand its electricity system, with work expected to cover power generation as well as the country’s transmission and distribution infrastructure. 

bp and Shell have agreed terms for Shell to acquire a 50% stake in the Tupinambá exploration block in the Santos Basin, offshore Brazil, in addition to a 30% stake in five leases containing the Conifer exploration prospect in the deepwater Gulf of America Paleogene. 

Guyana is now receiving between 10 million and 12 million barrels of crude oil per month from the Stabroek block, up from about three million barrels previously, as a smaller share of production is being used to recover project costs. The Ministry of Natural Resources said the jump follows the recovery of roughly US $55 billion in costs by the Stabroek Block partners. 

Guyana is considering a national oil company built around a domestic refinery and the wider fuel supply chain, rather than a state-run upstream producer investing directly in oil production. 

Oil Spill Response Limited (OSRL) has formally opened a subsea response facility at the Vreed-en-Hoop Shorebase Inc. (VEHSI) in Guyana, giving the country a base for specialist well-control equipment, training and emergency response exercises. 

Petrobras has approved the start of an EPC tender for a new diesel hydrotreating unit at its Presidente Getúlio Vargas Refinery, or Repar, in Paraná, Brazil. 

ExxonMobil plans to convert half of its Permian Basin drilling rig fleet to automated operation by 2028, part of a broader push to use robotics to improve drilling efficiency and lift production from the basin. 

Petrobras has begun negotiations for exploration contracts covering four offshore blocks in Ghana's Keta Basin, extending the Brazilian energy company's push to build an upstream position outside Brazil.

Halliburton has secured an integrated services contract from bp for the first appraisal campaign at the Bumerangue discovery in deepwater offshore Brazil.

Trinidad and Tobago-based L&S Surveying Services Ltd. has signed a memorandum of understanding with Kepler Geo-Informatics N.V. to expand surveying, geospatial and subsurface mapping services in Suriname.

Chevron has made a new oil and gas condensate discovery in Block 0 offshore Angola. The 105-4X exploration well encountered a hydrocarbon column of more than 600 metres in the Pinda reservoir, including over 90 metres of net pay. Chevron said the reservoir rock was high quality.