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TechnipFMC has been awarded a contract by an affiliate of ExxonMobil Corporation for the engineering, manufacture and delivery of the subsea equipment for the Liza deep water project in Guyana, South America. The award scope includes seventeen total enhanced vertical...

As US oil major ExxonMobil gears up to begin oil production in Guyana by 2020, authorities in the South American country are crafting a range of measures, including a plan of action in the event of an oil spill...

In recognition of World Malaria Day, ExxonMobil announced on Tuesday that it is renewing support for local and global organizations working to end malaria around the world. Grants made this year will continue ExxonMobil’s longstanding support for efforts to...

ExxonMobil Corporation will spend close to one billion dollars this year to ramp up the production of natural gas at the Vaca Muerta shale play located in Neuquen, Argentina. The governor of Neuquen province, Omar Gutierrez, said in a statement...

The Government of Guyana is preparing to table the Petroleum Commission of Guyana Bill 2017 at the next sitting of the country’s National Assembly, slated for May 8, 2017. The Bill is just one of the measures being put...

Apache Oil and Gas Corporation has failed to find commercial quantities of oil at its Kolibrie-1 well, offshore Suriname. The closely-watched drilling operations took place 129km off the coast of the South American country, in Block 53. The Noble Douglas drill...

With proven oil reserves of almost 300 billion barrels, Venezuela surpasses Saudi Arabia as the country with the largest reserves in the world. But massive oil wealth has not been enough to mask years of poor governance and unsustainable...

Canadian-based oil and gas exploration company CGX Energy Inc. will soon recommence exploration work offshore Guyana and aims to drill as much as 6 wells over the next two years. CGX had come up empty-handed on previous attempts to...

SBM Offshore, the company awarded contracts for a Floating Production, Storage and Offloading vessel (FPSO) for the Liza development and production in Guyana, is excited to be undertaking this project that would help catapult the South American country into...

(CNN) The Trump administration has denied ExxonMobil permission to bypass sanctions to drill for oil in Russia. "The Treasury Department will not be issuing waivers to U.S. companies, including Exxon, authorizing drilling prohibited by current Russian sanctions," Treasury Secretary Steven...