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Exxon’s 5th Guyana project on track for start-up this year: FPSO ‘almost complete’

The Errea Wittu floating production, storage and offloading (FPSO) vessel for the Uaru project offshore Guyana is on track for completion and will set sail for Guyana later this year as scheduled, Alistair Routledge, ExxonMobil Guyana President, said today. Errea...

Guyanese women encouraged to explore oil and gas career opportunities at upcoming Women in Energy job fair

Over 200 women are expected to benefit directly from the Women in Energy job fair and supplier workshop to be held in Guyana on April 10 and 11, organizers said. The event is supported by SBM Offshore Guyana. Speaking with...

How FPSOs in Guyana’s waters work and why they matter

Guyana’s offshore oil production is driven by floating production, storage and offloading (FPSO) vessels, with four units currently operating: Liza Destiny, Liza Unity, Prosperity and ONE GUYANA. These vessels, built and operated by SBM Offshore for the ExxonMobil‑led consortium, are...

Petrobras exercises preemptive right to regain 100% ownership of key Campos Basin assets in Brazil

Petrobras has exercised its preemptive right to acquire a 50% stake in the Tartaruga Verde field and Module III of the Espadarte field in the Campos Basin offshore Brazil, the company said in a March 16 release. Petrobras continues to...

Guyana drilling surges as ExxonMobil and Halliburton deliver first fully automated closed-loop well placement

Halliburton and ExxonMobil Guyana Limited have completed the industry’s first fully automated closed-loop well placement offshore Guyana, the companies said in a March 16 release. The project was carried out with Sekal, Noble, and the Wells Alliance Guyana team. The...

Guyana, T&T could benefit from higher hydrocarbon prices amid US–Iran conflict – TT Energy Chamber

Energy-producing nations in the Caribbean, including Guyana and Trinidad and Tobago, could see increased revenues as global oil prices rise amid escalating tensions involving the United States and Iran, according to the Energy Chamber of Trinidad and Tobago. Middle East...

ExxonMobil presses ahead with development drilling at Uaru

ExxonMobil Guyana Limited (EMGL) will continue development drilling at the Uaru Project’s UA_4P04 drill center in the Stabroek Block offshore Guyana, according to a notice from the Maritime Administration Department (MARAD). Operations began on March 12, 2026, within Guyana’s Exclusive...

Oil prices stabilized on Monday, as US allies reject Trump’s call for naval group to open Strait of Hormuz 

Oil prices eased by 1% on Monday as U.S. allies rejected President Donald Trump's repeated calls for help to unblock the Strait of Hormuz.  “Brent crude futures fell 92 cents to US$102.22 per barrel by 1248 GMT, while U.S. West...

ExxonMobil’s Longtail FPSO specs cater for higher production

Design specifications for the floating production vessel planned for ExxonMobil's proposed Longtail project in Guyana allow for higher production, according to the environmental impact assessment (EIA) report submitted by ExxonMobil. This could facilitate increased hydrocarbon production once initial levels...

Letter-to-the-Editor: Women in Guyana’s energy sector inspire the next generation

Dear Editor,  Recently, while scrolling through social media, I came across many heartfelt acknowledgements celebrating women especially those working in Guyana’s oil and gas sector. As a young woman, hearing the stories was truly inspiring. For a long time, industries like...

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Guyana-Suriname Upper Cretaceous play now maturing after strong discovery cycle — Westwood

The Upper Cretaceous play in the Guyana-Suriname Basin is entering a maturing phase following a strong discovery cycle, according...