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ExxonMobil’s Haimara gas field to form anchor for ninth offshore Guyana project

ExxonMobil Guyana is advancing plans for its next development offshore Guyana, with the Haimara discovery expected to serve as the anchor for the project in the southeast section of the Stabroek Block. Company President Alistair Routledge said at a recent...

Stabroek output climbs further to 918,000 b/d in February

Crude oil production offshore Guyana averaged about 918,000 barrels per day (b/d) in February 2026, reflecting continued gains from optimization work across ExxonMobil’s Stabroek Block developments. Government data shows that approximately 25.7 million barrels were produced during the month across...

Explained: How oil resources become reserves in the Stabroek Block

Oil and gas discoveries at the ExxonMobil-operated Stabroek Block are estimated to hold approximately 11 billion barrels of oil-equivalent. The resource base has positioned the South American country among the world’s fastest-growing oil producers and continues to shape development...

Six women among 20 selected for Noble’s marine cadet scholarships

Twenty Guyanese, including six women, have been selected from a pool of 1,700 applicants to be the 2026 beneficiaries of Noble Corporation’s Marine Cadet Scholarship Programme. The awards were presented on March 28, 2026, in Georgetown, during the Noble Marine...

Why Guyana’s crude grades turn heads around the world

Guyana’s offshore oil isn’t just abundant; it also carries chemical traits that make it desirable to refiners around the world. From its early discoveries in 2019 to today’s steadily rising exports, the quality of Guyana’s crude has helped the...

Guyana to aid expansion of CNOOC’s 2026 reserves as company eyes US$16.9B capital  spend

China’s offshore oil major CNOOC is targeting higher reserves and production in 2026, with Guyana expected to support that expansion as the company continues investing across its global upstream portfolio. The company said it aims to produce “780 million to...

CNOOC reports successful appraisal of Lukanani, Ranger oil fields offshore Guyana

CNOOC said the Lukanani and Ranger oil fields offshore Guyana have been successfully appraised, according to its 2025 annual report. CNOOC has a stake in the ExxonMobil-operated Stabroek Block, where those fields are located. Ranger was first discovered in 2018,...

Amendments to Local Content Act vital as Guyanese firms expand into oil sector – VEHSI Director

Nicholas Deygoo-Boyer, Director of Vreed-en-Hoop Shorebase Inc. (VEHSI), says amendments to Guyana’s Local Content Act cannot be overlooked and are critical as more local businesses expand into offshore oil and gas services.  He made the comments on the Starting Point...

Letter-to-the-Editor: 50% profit share – What I think Guyanese need to understand

Dear Editor, Until the lion learns to write, every story will glorify the hunter. In other words, if the lion doesn’t get the chance to tell its side, the narrative will always favor the hunter. Allow me to share the...

Petrobras confirms new pre-salt oil discovery in Campos Basin offshore Brazil

Brazilian state-controlled energy company Petrobras has confirmed a new pre-salt oil discovery in the Campos Basin offshore Brazil, located in the Marlim Sul field.  The discovery was made in exploratory well 3-BRSA-1397-RJS, situated 113 km off the coast of Campos...

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More Guyanese need to know this

Dear Editor, I recently came across a point about local content that I believe more Guyanese need to understand. From...