Wire
Guyana's Fifth FPSO Errea Wittu Arrives, Eyes 1M Barrels Daily
Guyana welcomes fifth FPSO Errea Wittu, set to push oil output beyond one million barrels per day at the Uaru development in the Stabroek Block.
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Energy
Guyana's Share of Its Own Oil Hit a Record. It Got There by Paying for Two Ships That Have Not Produced a Barrel.
President Irfaan Ali said on 18 August that Guyana's share of Stabroek production had reached 39.8 per cent because the cost bank had been recovered two years early. The Stabroek Block is a single accounting unit, so the US$12.7 billion Errea Wittu was recovering against other fields from 2023.
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Energy
Trinidad Shares a Gas Field With Venezuela. In August, Caracas Licensed Its Half to Abu Dhabi and Doha.
Venezuela awarded Loran Phase 2 to a BP-led group on 13 August 2026, with ADNOC's XRG and Qatar-linked UCC holding two thirds of the equity. Loran and Trinidad's Manatee are one reservoir, and the agreement tying them together was terminated in 2019.
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Energy
She Signed Two Bilateral Agreements Before the Job Was Permanently Hers.
Dr Priya Marajh ran the Energy Chamber of Trinidad and Tobago on an interim basis from March 2026. In that period she signed bilateral agreements with Guyana's Georgetown Chamber in Houston on 5 May and with the Suriname Energy Chamber in Paramaribo on 23 June. She was confirmed on 14 August 20
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Energy
Washington Licensed Six Companies to Work Venezuela's Oil. Not One Is From the Americas South of the Rio Grande.
Washington replaced General Licence 50B with 50C on 27 August 2026, the day before President Trump announced a Venezuela oil deal in a social media post. The licence names six companies cleared to operate there, none from the Americas south of the United States.
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Suriname
"High Revenues and Few Jobs." Suriname Has Begun Planning for Oil Money That Has Not Arrived.
President Jennifer Geerlings-Simons opened a three-day summit in Paramaribo on 3 August 2026. Her oil minister warned that concentrating local content on oil and gas drains every other sector, the instrument Guyana has already written into law.
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Energy
Trinidad Has Been Asking Guyana for Hydrocarbons Since 2024. Guyana Has Signed With Jamaica and the Dominican Republic Instead.
Trinidad has sought Guyanese crude and gas since February 2024. Guyana declined both. In the same period it signed energy agreements with the Dominican Republic and Jamaica, and nothing with Trinidad.
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Energy
Trinidad Called Calypso a Priority in May 2025. Its Operator Has Now Written It Down and Left.
Woodside agreed on 6 August 2026 to sell its 70 per cent operated interest in Calypso to bp, eight days after flagging impairment losses. No investment decision, capital cost or first-gas date has been published.
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Compliance
Mexico Ordered Monthly Contract Disclosure. It Is Suspended From the Standard That Measures It.
Claudia Sheinbaum signed a decree requiring monthly publication of public contracts. Mexico is currently suspended from the Extractive Industries Transparency Initiative, scoring 49.5 points. Guyana, which joined the same day in 2017, scored 52.
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Caribbean
The Bahamas Blames EV Chargers for Grid Strain. Guyana Is Next.
Neither side in the Bahamian dispute published the arithmetic. On BYD’s own charger rating, every electric vehicle in the country charging at once tops out at 17.5 megawatts. Guyana’s comes to 1.96.
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Guyana
Guyana’s Oil Royalty Is 2%. Suriname Next Door Signed 6.25%.
Same basin, adjacent water, contracts signed a year apart. Suriname’s state oil company publishes its terms, says it benchmarked them against Guyana, and puts its own government take at 60 to 70 per cent.
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Caribbean
Petrobras Finds Gas Off Colombia, Its Third in the Caribbean Sea.
Petrobras and Ecopetrol confirmed gas at Sandia-1 off La Guajira, nine kilometres from one discovery and eighteen from another. Three finds in the same waters stop being luck.
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