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ExxonMobil gunning for pay sands at Payara-2 well

Following on the success of the Liza, Payara and Snoek wells offshore Guyana, US super-major ExxonMobil and its partners Hess and CNOOC Nexen will...

TechnipFMC wins 3 yr contract for well intervention in Australia

TechnipFMC has entered into a three-year agreement with Woodside Energy in Australia for Riserless Light Well Intervention (RLWI) and subsea services, including intervention, installation,...

Oil production agreement outlines requirement for training, hiring Guyanese

A detailed plan will have to be developed by ExxonMobil, its development partners, contractors and sub-contractors, to address the training and employment of Guyanese,...

ExxonMobil says royalty, terms apply to entire Stabroek block offshore Guyana

The royalty and terms outlined in the production sharing contract between ExxonMobil and Guyana will apply to the entire area known as the Stabroek...

ExxonMobil acquires deepwater block in Equatorial Guinea

ExxonMobil said today its wholly owned affiliate, Exploration and Production Equatorial Guinea (Deepwater) Ltd., has signed a production sharing contract with the government of Equatorial...

Local content expert to work with Guyanese private sector

Business operators in Guyana eager to get involved in the country’s emerging oil and gas sector will soon benefit from the input of a...

JUST IN: Guyana to earn 2% royalty from Liza field production;...

Guyana will be earning a 2% royalty on gross earnings from the Liza oil field production. This will come, along with a 50/50 Production Sharing...

Guyana finalizing ExxonMobil production license; public disclosure on agreement likely

Guyana’s Minister of Natural Resources Raphael Trotman said today that government is in the process of finalising ExxonMobil’s production license and will be “making...

ExxonMobil CEO says oil demand will grow in coming decades

Exxon Mobil Corp. investors backed a resolution urging the oil giant to consider whether it can prosper under strict greenhouse gas limits in a...

Henson takes up leadership of ExxonMobil frontier operations in Guyana

ExxonMobil’s newly installed Country Manager in Guyana, Rod Henson, will be looking to continue the stretch of good fortune seen by the company over...

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