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Halliburton wins multiple Petrobras contracts for deepwater projects in Brazil

Halliburton has secured multiple contracts from Petrobras to deliver vessel stimulation, intelligent completions, and safety valve services across Brazil’s deepwater oilfields. The awards followed a competitive bidding process, the company announced on October 15.  The U.S.-based oilfield services company said...

Guyana must transform its oil boom into sustainable, broad-based prosperity – Minister Ally 

Guyana’s Minister of Public Service, Government Efficiency and Implementation, Zulfikar Ally, has called on business leaders to convert the country’s economic momentum into “broad-based, inclusive and sustainable” growth that will outlast the oil boom.  The country is well on its...

Double cargo of Guyanese crude heads to China’s Ningbo Port – OilX 

A very large crude carrier (VLCC), the Yuan Peng Yang, is transporting about two million barrels of crude produced offshore Guyana to Ningbo, China, according to analytics firm OilX. The crude was loaded from the Liza Destiny and Liza Unity...

Platts to launch new freight assessments for Guyana-Europe oil shipments

Platts, part of S&P Global Commodity Insights, has announced plans to introduce new Suezmax 130,000-mt dirty tanker freight assessments for crude oil shipments from Guyana to Europe, effective December 1. The new assessments will cover two routes: Guyana to the...

Guyana oil production could edge closer to one million barrels per day by year-end

ExxonMobil Guyana expects production from the Stabroek Block to climb sharply before the end of 2025, driven by the early start-up of the Yellowtail project and strong reliability across operating assets. President of the company, Alistair Routledge, told reporters at...

MODEC seeks specialist for flash gas compressor maintenance on Guyana FPSO

MODEC Guyana Inc. (MOG) has issued a request for interest (RFI) seeking a subcontractor to deliver comprehensive field maintenance and technical support services for Flash Gas Compressor units. MODEC said the compressor units are for a floating production, storage...

Noble Sam Croft sets new drilling benchmark in Guyana after major upgrade

Noble Corporation says its Noble Sam Croft rig has achieved record performance in Guyana following a major upgrade earlier this year. In a LinkedIn post on October 14, the company announced the success of its collaboration under the Wells...

Exxon says U.S. senators were misled; no Guyana tax credits included in its 2023 & 2024 filings

President of ExxonMobil Guyana, Alistair Routledge, has rejected claims that the company benefited from tax credits in Guyana for 2023 and 2024, insisting that no such credits were applied in the company’s U.S. filings. Routledge's clarification comes after three U.S....

Guyana oil fund gets another US$133 million from oil sales in September

Guyana received payments for two cargoes of crude oil in September 2025, totaling US$133 million (approximately GY$28 billion). The shipments, lifted from the Payara and Liza 1 projects, reflect the continued strength of the country’s oil production profile and...

Exxon’s Longtail to feature largest gas handling facility in Stabroek Block, targets 250,000 b/d of condensate

ExxonMobil Guyana Limited President Alistair Routledge said Longtail is on a clear 2026 decision track, speaking at an October 13 press briefing at the company’s new Ogle headquarters. He said the Environmental Impact Assessment is underway following early consultations.  Routledge...

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ExxonMobil says Guyana operations funded from equity, not U.S. taxpayers’ dollars

ExxonMobil Guyana says no American taxpayer money is financing its operations in the South American country. President, Alistair Routledge,...