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Chinese engineering giants among 12 groups vying to build natural gas facility in Guyana

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Twelve groups, including several major Chinese engineering firms, have submitted proposals to construct a natural gas liquids (NGL) storage and marine offloading facility in Guyana — a key component of the country’s landmark Gas-to-Energy project. The National Procurement and Tender...
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ExxonMobil to showcase Proxima technology on upcoming Hammerhead FPSO

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ExxonMobil will put its new Proxima materials to the test on the upcoming Hammerhead floating production, storage and offloading (FPSO) vessel, its seventh development in Guyana’s prolific Stabroek Block. Chairman and Chief Executive Officer Darren Woods made the disclosure during...
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Here’s everything you need to know about ExxonMobil’s proposed Longtail development 

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ExxonMobil’s proposed Longtail project will mark Guyana’s entry into gas development, setting the stage for the country’s first non-associated gas production. The project, which targets a final investment decision in 2026, is expected to operate for three decades and...
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Chevron CEO hails Guyana progress, praises team behind Yellowtail, Hammerhead projects

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Chevron’s Chairman and Chief Executive Officer, Mike Wirth, said the company is pleased with progress in Guyana following its acquisition of Hess Corporation’s assets.  Speaking during Chevron’s third-quarter 2025 earnings call, Wirth confirmed that the Yellowtail project began production during...
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TechnipFMC and DOF to host supplier forums in Guyana as subsea demand grows

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Two of ExxonMobil’s key subsea contractors — TechnipFMC and DOF Subsea — are set to host Supplier Engagement Forums in November as Guyana’s offshore oil industry continues to expand. Both events will take place at the Centre for Local...
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‘Discovery 6’ Supercomputer unlocks over US$1 billion in value from Guyana operations – ExxonMobil

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ExxonMobil has commissioned one of the world’s most powerful supercomputers, Discovery 6, to boost efficiency and accelerate data analysis across its global portfolio, including its offshore operations in Guyana. Developed with Hewlett Packard Enterprise and Nvidia, the system ranks 17th...
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bp advances appraisal planning for major Bumerangue discovery in Brazil’s pre-salt basin

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bp says it is accelerating appraisal and development planning for its Bumerangue find in Brazil’s Santos Basin, after fresh analysis confirmed the discovery holds a vast liquids-rich hydrocarbon column with strong reservoir quality. The company announced on October 30 that...
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Chevron earnings dip as Guyana operations strengthen portfolio

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Chevron Corporation today reported earnings of US$3.5 billion (US$1.82 per diluted share) for the third quarter of 2025, down from US$4.5 billion (US$2.48 per share) in the same period last year.  The decline was driven mainly by lower crude prices...
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ExxonMobil sets new Guyana record with over 700,000 barrels per day in Q3 2025

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ExxonMobil Corporation today reported record-breaking production from Guyana in the third quarter of 2025, surpassing 700,000 barrels of oil per day and achieving the early start-up of the Yellowtail project, four months ahead of schedule and under budget. ExxonMobil holds...
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Noble’s four drillships set records in Guyana, completing over 200 wells in Stabroek Block

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Noble Corporation says its Guyana operations continue to set new records, with over 200 wells now constructed in the Stabroek Block. President and Chief Executive Officer Robert Eifler made the announcement during the company’s third quarter earnings call on October...
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Chinese engineering giants among 12 groups vying to build natural gas facility in Guyana

Twelve groups, including several major Chinese engineering firms, have submitted proposals to construct a natural gas liquids (NGL) storage...

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