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ExxonMobil Guyana production slightly dipped to 903,000 barrels per day

Crude oil production offshore Guyana averaged 903,000 barrels per day (b/d) in April 2026, a modest decline from 910,000 b/d in March, according to government data. Output from the four ExxonMobil-operated projects in the Stabroek Block totaled approximately 27...

New build FPSO proposed for Haimara to process up to 1.5 billion cubic feet of gas per day

ExxonMobil Guyana’s proposed Haimara development offshore Guyana would use a newly built floating production, storage and offloading vessel designed to process up to 1.5 billion cubic feet of produced natural gas per day (bcf/d). The details are contained in the...

PSC Chairman says Guyanese businesses have proved doubters wrong in oil and gas sector

Captain Gerald Gouveia Jr. says Guyanese businesses are better prepared to meet international oil and gas standards and prove doubters wrong. Speaking at the PSC’s Annual General Meeting 2026 on May 29, Gouveia said local companies are ready to expand...

ExxonMobil still assessing development path for Ranger discovery offshore Guyana

ExxonMobil says more technical work is needed to determine whether the Ranger discovery in Guyana’s Stabroek Block can be developed. Neil Chapman, Senior Vice President of ExxonMobil, discussed the discovery during the Bernstein 42nd Annual Strategic Decisions Conference on May...

SBM Offshore Guyana seeks suppliers for recruitment, crewing, and technical assistance services

SBM Offshore Guyana is seeking suppliers for recruitment, crewing, and technical assistance services to support its offshore operations in Guyana, according to a Request for Information (RFI) published through the Centre for Local Business Development (CLBD) on May 29. The...

Local Content Summit 2026 to focus on proposed law changes, financing and supplier opportunities

Guyana’s fourth annual Local Content Summit will place practical business concerns at the center of this year’s agenda, with proposed changes to local content legislation, financing, workforce development, and supplier readiness among the main areas for discussion. The summit is...

ExxonMobil sees Stabroek FPSO network opening path for low-cost tiebacks

ExxonMobil sees its growing floating production, storage and offloading vessel (FPSO) network in the Stabroek Block creating opportunities for low-cost tiebacks from smaller oil accumulations offshore Guyana. Neil Chapman, Senior Vice President of ExxonMobil, said the company’s planned eight-FPSO buildout...

Petrobras taps SBM Offshore for pair of offshore production units

SBM Offshore has been awarded contracts by Brazil's state-run oil company Petrobras to design, build and operate two floating production, storage and offloading (FPSO) vessels for the Sergipe-Alagoas basin offshore northeastern Brazil, the Dutch company said on Friday. The projects,...

Centre for Local Business Development offers entry into Guyana’s O&G sector with strategic courses

The Centre for Local Business Development (CLBD) is offering businesses and individuals entry into Guyana’s oil and gas sector through strategic courses designed to build industry knowledge and strengthen procurement capabilities. CLBD is a Guyana-based organization that provides training, mentoring,...

ExxonMobil Guyana begins subsea pipeline inspections for Gas-to-Energy project 

ExxonMobil Guyana Limited (EMGL) has commenced subsea pipeline inspection activities for Guyana’s Gas-to-Energy (GtE) project, stretching from the West Coast of Demerara to offshore sections within the country’s exclusive economic zone (EEZ). According to a notice from the Maritime Administration...

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Suriname president urges youth to pursue skills for opportunities in emerging oil and gas sector

PARAMARIBO, SURINAME – Suriname's President Jennifer Geerlings-Simons has urged young people who have left school to return to education...