News

Alistair Routledge,  President of ExxonMobil Guyana says the company’s fifth and sixth developments — Uaru and Whiptail — are advancing as planned, with both projects “on or close to their target schedules”. Speaking at a press briefing held on October...

ExxonMobil is assessing whether its massive Ranger discovery offshore Guyana can be economically developed, President Alistair Routledge confirmed during a press briefing on October 13. “The Stena Carron rig is currently on that reservoir,” Routledge said. “This is actually one...

A Request for Information (RFI) has been issued by ExxonMobil Guyana Limited (EMGL) to identify suppliers capable of providing and operating Fast Supply Vessels (FSVs) to support its expanding offshore activities in the Stabroek Block. The company plans to establish...

Europe received all four cargoes of Golden Arrowhead crude oil lifted from ExxonMobil’s Yellowtail project in September, according to vessel tracking data compiled by OilNOW. Spain and Italy each took one, while two went to the United Kingdom. The Yellowtail...

A big step forward for Guyana’s workforce development has been announced with the formal establishment of Atlantic Talent Inc., a new joint venture between Guyana’s Fiscal Frontier Inc. and Canada’s Avara Solutions.  This partnership aims to address the growing demand...

The Environmental Protection Agency (EPA) has reported a sharp rise in companies transporting chemicals for Guyana’s oil and gas sector, increasing from “just one in 2021 to more than fifteen today”. The Agency hosted a stakeholder consultation this week with...

Gas from ExxonMobil’s newly sanctioned Hammerhead development will begin flowing immediately through Guyana’s Gas-to-Energy (GtE) pipeline once production starts in 2029, ExxonMobil Guyana President Alistair Routledge said on Monday. This is unlike the Longtail project where gas will be reinjected...

ExxonMobil has started oil production at the Bacalhau field, marking its first upstream output in Brazil and a new phase in the country’s deepwater development. The achievement comes more than 110 years after the U.S. energy major first began...

Guyana’s Vice President Bharrat Jagdeo has reaffirmed that liquefied natural gas (LNG) remains a key option in Guyana’s plan to monetize its gas resources, even as ExxonMobil focuses on bringing more gas onshore for domestic use. Jagdeo sought to clarify...

Halliburton has secured multiple contracts from Petrobras to deliver vessel stimulation, intelligent completions, and safety valve services across Brazil’s deepwater oilfields. The awards followed a competitive bidding process, the company announced on October 15.  The U.S.-based oilfield services company said...