Featured

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...

Thousands of teachers and students in Guyana are expected to feel the impact of ExxonMobil’s STEM investment

ExxonMobil is positioning long-term science and engineering education as central to Guyana’s workforce development, with executives and students underscoring the impact of hands-on learning and expanded access to technical training. In a video released by the company on February 4,...

Exxon completes environmental study for Guyana’s first non-associated gas project

ExxonMobil has submitted the environmental impact assessment and environmental impact statement for the proposed Longtail development offshore Guyana, a key step toward the country’s first non-associated gas project. The documents were filed with the Environmental Protection Agency, according to a...

Automation, emissions reduction to define next generation of FPSOs — MODEC

Automation, digital technologies, and emissions reduction are expected to shape the next generation of floating production, storage and offloading (FPSO) vessels, according to discussions at the Deepwater Development Conference in Lisbon, Portugal.  The conference, hosted by World Oil and Gulf...

Guyana oil fund got US$253 million in February

Guyana’s Natural Resource Fund (NRF) received US$253 million (GY$53 billion) in February from the sale of the country’s share of crude produced offshore, adding to the steady flow of oil revenues that continue to build the country’s sovereign wealth...

Latest News

Oil jumps past $109 as Trump signals escalation in Iran conflict

Oil prices climbed sharply on Thursday after Donald Trump signaled further military action against Iran, raising concerns about supply...