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Hammerhead field development plan anticipated this year – Exxon 

Sometime this year, ExxonMobil Guyana is expected to submit the Field Development Plan (FPD) for its Hammerhead project - the 7th proposed development for the Stabroek Block.  President Alistair Routledge shared this during his recent appearance on the Energy Perspectives...

American Petroleum Institute criticizes Biden administration’s 11th-hour plan to ban new offshore oil and gas activity

The American Petroleum Institute (API) has condemned reports that the Biden administration plans to ban new oil and natural gas activity across millions of acres of federal waters. API President and Chief Executive Officer Mike Sommers called the move...

Exxon had a ‘strong safety year in 2024’ – Routledge 

ExxonMobil Guyana’s President, Alistair Routledge, has hailed 2024 as a year of exemplary safety performance for the company. “I'm happy to say we had a strong safety year in 2024, a platform that we expect to build on…So, first and...

More drilling activities planned for Ranger-1 – Exxon

ExxonMobil is preparing to undertake more drilling activities at its Ranger-1 discovery in the Stabroek Block in 2025, according to Alistair Routledge, President of ExxonMobil Guyana, who shared insights during a recent episode of Energy Perspectives. The Ranger find,...

Hammerhead project rivals Liza with superior reservoirs

ExxonMobil’s Hammerhead project, its seventh development in Guyana’s Stabroek Block, boasts reservoirs “as good as, or even better than”, the flagship Liza field, according to Alistair Routledge, President of ExxonMobil Guyana. He shared this detail during a recent episode...

New Demerara bridge to be completed by August 31, 2025 – Government

The new four-lane high-span Demerara bridge will be completed on August 31, 2025.  The bridge is now 61.72% completed, and is one of several major projects expected to be completed in Guyana this year. The new bridge will be instrumental...

From hockey to health and safety: Michael Harding’s path to offshore success

Michael Harding, Assistant Safety Officer aboard the Prosperity floating, production, storage, and offloading vessel (FPSO), offers a unique perspective on the oil and gas industry. “The great part about safety is that you're working with every department,” he explained...

Global energy supply chains face persistent challenges in 2025 

Supply chain challenges continue to disrupt global energy markets in 2025, with geopolitical tensions and protectionism driving significant shifts in the sector.  “High investment levels in oil and gas and new energy sectors are adding strain to an already stretched...

Suriname oil development could be most expensive to date in Guyana Basin

Staatsolie said Suriname’s first oil development in the shared basin could cost US$13.2 billion. This would represent the highest development expense for such a project, costing more than any of the six projects already sanctioned for nearby Guyana in the same...

Global upstream investments to decline 2% in 2025, says Rystad Energy

Global upstream investments are forecast to drop by 2% in 2025, marking a slowdown after years of growth, according to Rystad Energy.  Despite the overall decline, deepwater investments are set to rise by 3%, supported by projects in Suriname, Mexico,...

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Rebundling by local contractors limiting opportunities for smaller oil and gas businesses, former GCCI President says

Businessman and former Georgetown Chamber of Commerce and Industry (GCCI) President Timothy Tucker has warned that Guyana’s efforts to...