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Guyana’s education system is undergoing one of its most visible transformations since the start of the oil era.  Rising public revenues generated from production activities in the ExxonMobil-operated Stabroek Block have supported increased investment in education infrastructure, with new schools...

The Stena Carron is carrying out exploration drilling at the Rockhead-1 prospect in Guyana’s Stabroek Block.  According to a recent notice from the Maritime Administration Department (MARAD), drilling activities will conclude on August 31.  ExxonMobil’s next oil target in Stabroek Block:...

ExxonMobil is evaluating a ninth floating production, storage and offloading vessel for Guyana that could mirror the development concept being advanced for Longtail, Chairman and Chief Executive Officer Darren Woods said during the company’s second-quarter 2026 earnings call on...

For generations, a serious illness often came with another burden for many Guyanese: the journey to Georgetown. Whether it was advanced diagnostic testing, specialist consultations or complex hospital care, the capital was where patients had to go. That reality is...

What if the cost of powering your vehicle suddenly fell by half? That is the promise of Guyana's Gas-to-Energy (GtE) project. With electricity prices projected to fall by about 50%, making Guyana's transition to cleaner transportation could become more financially...

Saipem has completed the offshore installation of the production platform for the Neptun Deep gas development in Romania’s Black Sea sector.  In a public statement issued on July 23, the company explained that this marks the end of one of...

Guyana’s Lethem community in Region Nine (Upper Takutu/Upper Essequibo) has avoided the use of more than 20,000 barrels of diesel through a hybrid energy system that combines hydropower, solar and diesel generation, according to the Guyana Energy Agency (GEA). One...

The Maritime Administration Department (MARAD) has invited qualified marine salvage contractors to submit expressions of interest for the recovery of the wrecked MV Barima. The state-owned ferry capsized on July 18 while it was travelling from Georgetown to Port Kaituma....

ExxonMobil has identified four additional potential discovery opportunities in Guyana after applying artificial intelligence to its Stabroek Block exploration data. Senior Vice President and Chief Financial Officer Neil Hansen disclosed the results during ExxonMobil’s second-quarter 2026 earnings call on...

ExxonMobil says its track record in Guyana is strengthening its position with governments and other resource owners seeking companies to develop large and technically complex petroleum resources. Senior Vice President and Chief Financial Officer Neil Hansen said governments and other...