International activity is maintaining leisurely growth, while the U.S. continues to lag. Global oil production was up slightly in 2023, with stronger gains in the Americas. Offshore activity is buoyed by continued success in areas like Guyana, Suriname and Namibia.
Guyana updates 2026 framework to deepen offshore oil and gas participation
Guyana is entering a new phase in the evolution of its Local Content Act as offshore oil and gas...

