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Trinidad and Tobago has signed a Production Sharing Contract for the TTUD-1 Block with ExxonMobil Trinidad and Tobago Limited and Occidental Petroleum (Oxy), moving forward with one of the country’s largest ultra-deepwater exploration areas. The contract was signed on Monday,...

ExxonMobil Guyana wants local companies to play a larger role across the full fabrication value chain as offshore activity expands. The company’s Production Manager, Huzefa Ali, made the statement during a ceremony marking the completion of the first floating production,...

Guyanese entrepreneurs seeking to enter the oil and gas sector could soon access collateral-free, interest-free financing through the proposed Guyana Development Bank, which the government says will help businesses overcome one of the industry's biggest barriers to entry.  On June...

ExxonMobil Guyana generated US$8.1 billion (approx. GYD $1.7 trillion) in revenue in 2025, supported by 102 crude oil lifts from the Stabroek Block, representing its share. John Colling, Vice President and Business Services Manager, told journalists during a June 9...

Guyanese businesses are being invited to submit bids for vulcanizing services under a new request for information issued by Saipem Guyana, aimed at supporting its offshore and onshore operations linked to developments in the Stabroek Block. The opportunity was published...

A Guyanese team has completed high-pressure process piping fabrication for the Liza Unity FPSO with zero harm, zero weld defects and zero repairs required. The achievement was announced at a ceremony in Guyana to mark the completion of the Water...

Both ExxonMobil and Hess saw reduced profits in Guyana, according to financial statements seen by OilNOW.  ExxonMobil’s profit was US$4.67 billion in 2025, compared with US$4.73 billion in 2024.  The company’s Vice President and Business Service Manager John Colling told journalists...

Guyana’s oil production has climbed from a standing start in December 2019 to over 900,000 barrels per day in just over six years, marking one of the fastest offshore production ramp-ups in history. An OilNOW analysis of daily reported production...

ExxonMobil Guyana will carry out dredging operations in the Stabroek Block offshore Guyana, with operations expected to conclude on November 24, 2026. According to a Notice to Mariners issued by the Maritime Administration Department (MARAD) on June 6, the activity...

The Suriname Energy, Oil & Gas Summit & Exhibition will add a dedicated Local Content Forum in 2026 as the South American country prepares for its first offshore oil and gas development. The sixth edition of SEOGS will be held...