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Exxon appraising Hammerhead discovery targeted for seventh development

The Stena Carron has commenced appraisal drilling at the Hammerhead-4 well at the Stabroek Block offshore Guyana. This is according to the country's Maritime Administration Department.  Drilling activities are expected to conclude at the end of October. Exxon announced a...

South American ‘model oil producer’ launches fourth edition of flagship conference

The Guyana Energy Conference and Supply Chain Expo officially launched the fourth edition of the country’s flagship event, set to be held February 18-21, 2025 at the Marriott Hotel in Georgetown.  Themed ‘Connecting the Dots: Integrating the Future, 82 companies...

T&T gov’t says gas output back up after maintenance works by major producers

Trinidad and Tobago’s natural gas production has rebounded following maintenance activities by three major producers, the Ministry of Energy and Energy Industries (MEEI) said in a September 2 release.  This follows an OilNOW report that output in June was 1.96...

Exxon’s FPSOs in Guyana no ‘cookie-cutter’ replicas, just cutting-edge innovation – VP of Deepwater Project Delivery 

ExxonMobil is pushing the boundaries of offshore exploration in Guyana, leveraging cutting-edge technology to optimize its floating production storage and offloading (FPSO) units. As one of the newer offshore frontier regions, Guyana has become a focal point for Exxon,...

Greater Guyana Initiative drives economic growth and gender inclusion in energy sector – Exxon Advisor 

Alicia Bess Anderson, Advisor for ExxonMobil Guyana, highlighted the profound impact of the Greater Guyana Initiative (GGI) during a recent episode of the Energy Perspectives Podcast. This initiative, a collaboration between Stabroek Block co-venturers Exxon, Hess and CNOOC, aims...

Unmet expectations about jobs could impact support for Suriname’s first deepwater development – ESIA

With TotalEnergies starting the groundwork for Suriname’s first offshore oil development, the company in its environmental and social impact assessment (ESIA) underscored the importance of the country being realistic with its local content targets.  “Unmet expectations about employment opportunities may...

Guyana visitor arrivals to set new record this year; up 10% from 2023

Guyana is on track to break another annual record, with visitor arrivals projected to reach 350,000 by the end of 2024. This would represent a 10% increase from the 319,056 visitors recorded in 2023. The government’s 2024 Mid-Year report said...

T&T gas output drops below 2 billion cubic feet per day for the first time in 22 years

Natural gas production in Trinidad and Tobago dropped below 2 billion cubic feet per day (bcf/d) in June — the first time in 22 years.  Three major natural gas producers in Trinidad and Tobago had declines in output in June...

Natoya Coward: Breaking barriers as GYSBI’s first and only female truck driver

Natoya Coward, the first and only female truck driver at Guyana Shore Base Inc. (GYSBI), has been blazing trails in a traditionally male-dominated industry. For the past 14 months, Coward has demonstrated resilience and determination, navigating the challenges of...

Oil exports to generate US$18.6 billion in 2024 – revised gov’t forecast

Guyana's government has significantly revised its forecast for the value of oil exports in 2024, now projecting a total of US$18.67 billion, up from the previous estimate of US$16.8 billion. This increase is driven by higher-than-expected oil production and...

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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...