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Digital tools being used to sharpen well placement, reduce costs in Stabroek Block

Digital technologies are improving drilling efficiency, safety, and reservoir management in offshore operations in the Stabroek Block, according to Alistair Routledge, President of ExxonMobil Guyana. Routledge addressed the role of digitization during a press conference on March 19 at the...

Yellowtail production could climb to 290,000 b/d pending government green light

ExxonMobil Guyana plans to boost production at its Yellowtail offshore oil project by roughly 10% as it conducts a new optimization study, company President Alistair Routledge said on March 19. Yellowtail, which started production in August 2025, reached its initial...

Guyana to remain a carbon sink through 2030, even with massive oil projects online

Guyana will remain a net carbon sink through 2030 even as it expands oil production with multiple offshore projects, according to an environmental impact assessment (EIA) for ExxonMobil’s proposed Longtail development. The assessment, prepared by ExxonMobil consultant Acorn International, found...

T&T Energy services firms report 56% drop in business volume and value in Q1 2026

Energy services companies in Trinidad and Tobago reported a sharp slowdown in activity in the first quarter of 2026, according to a survey released on March 19 by the Energy Chamber of Trinidad and Tobago. The Energy Services Sector Survey...

Letter-to-the-Editor: Exxon US$100 STEM initiative: Damned if you do, damned if you don’t

Dear Editor, ExxonMobil’s US$100 STEM initiative is garnering a lot of attention and rightfully so. It will be the first time such a large investment has been made in STEM education locally. This initiative will be promising for teachers and...

Berbice gas development pipeline could cost US$2B, ‘not a small investment’ – says ExxonMobil Guyana President

The pipeline to support Guyana’s gas development in East Berbice-Corentyne (Region Six) could cost about US$2 billion or more. This is according to President of ExxonMobil Guyana Limited (EMGL),  Alistair Routledge, speaking during a press conference on March 19.  The...

Increasing number of Guyanese joining energy sector a direct result of investment by Exxon and contractors  – Routlegde 

Approximately 9,000 people are now employed in Guyana’s oil and gas sector, with roughly 70% of them being Guyanese, Alistair Routledge disclosed during a recent media session.  The 70% represents approximately 6,300 local workers, including around 300 who are relatively...

Staatsolie to examine potential oil, gas deposits in Suriname’s EEZ next week

Staatsolie Maatschappij Suriname will begin a seismic survey offshore Suriname next week to assess potential oil and gas resources in the country’s Exclusive Economic Zone (EEZ). The company announced on March 19 via LinkedIn post that the research will involve...

Guyana share of oil revenues to increase as Exxon pays down cost faster with US$100 per barrel crude  

Guyana is set to receive a bigger share of revenue from oil production as higher prices accelerate the pace of cost recovery at the ExxonMobil-operated Stabroek Block. The cost bank for the block is just over US$5 billion, Alistair Routledge,...

ExxonMobil not planning to seek renewal of Canje licence – Alistair Routledge 

ExxonMobil Guyana Limited (EMGL) does not plan to seek a renewal of the Canje Block licence offshore the South American country, according to Alistair Routledge, the company's President. During a press conference on March 19 at Exxon’s office in Ogle,...

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GranMorgu session in Rotterdam draws diaspora interest as Suriname eyes Singapore-level development

ROTTERDAM, NETHERLANDS – Suriname is aiming to use its offshore oil resources to drive national development to levels comparable...