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ExxonMobil is advancing four Stabroek Block projects that would follow the Uaru development and its Errea Wittu floating production, storage and offloading vessel (FPSO). Whiptail is expected to begin production in 2027, followed by Hammerhead in 2029. ExxonMobil is also...

A sustained decline in offshore seismic activity could limit future exploration drilling as oil and gas companies depend on high-quality subsurface data to identify and evaluate prospects, according to Westwood Global Energy Group. In a report published August 19, Westwood...

A future OMAI Gold Project could represent more than the return of large-scale gold mining at one of Guyana’s best-known mining properties, with plans for the development incorporating modern technology, specialized skills and environmental and safety management. More than 100,000...

Dear Editor, Guyana reaching the one-billion-barrel mark is a major moment in our country's development story. It is the kind of milestone that should make every citizen pause and reflect, not only on how far the country has come since...

Dear Editor, The news about the Errea Wittu FPSO being offshore Guyana ahead of installation for the Uaru project is another reminder of how quickly this country's oil sector is developing. For many people, these names and projects can sound technical....

Major oil companies are placing greater emphasis on projects in the Americas as disruptions linked to the Middle East conflict create uncertainty around production, exports and future oil prices, according to an August 19 report by S&P Global. The report...

Guyana is rolling out phased electricity reductions as the government works toward its target of cutting consumer electricity costs by 50% nationwide. President Irfaan Ali said on August 18 that the first reductions have already reached some communities, particularly those...

Oil Spill Response Limited (OSRL) has opened a new Subsea Response facility at the Emergency Response Base at the Vreed-en-Hoop Shorebase Inc. (VEHSI) facility in Guyana. The facility now houses the capping stack and other subsea well intervention equipment. Its...

Petrobras and three private-sector gas producers have extended long-term access agreements for natural gas processing at the Catu Natural Gas Processing Unit (UTG Catu) in Bahia, Brazil, securing continued use of the facility and providing greater certainty for producers. In...

Guyana is once again considering how a refinery, expanded fuel storage and a possible national oil company could fit into a broader long-term strategy to strengthen energy security, as the country remains dependent on imported refined petroleum products despite...