News

ExxonMobil Guyana is working to improve procurement processes to ensure broader access and deeper engagement with local suppliers, Socioeconomic Manager Lorna Carlson said Friday at the 2025 Guyana Supplier Forum.  “As the operator, ExxonMobil Guyana Limited is committed to deepening...

ExxonMobil and its partners Chevron (formerly Hess) and CNOOC have recovered approximately US$35.9 billion in exploration, development and other costs from oil production in Guyana's offshore Stabroek Block, according to the Bank of Guyana’s latest quarterly report. The figure, which...

Guyana’s rapid rise as an oil-producing nation has not come at the expense of its environmental credentials, Minister of Natural Resources Vickram Bharrat said on the sidelines of the Global Biodiversity Alliance Summit in Georgetown last week.  Speaking on the...

TechnipFMC has issued a Request for Expression of Interest (EOI) for companies to support upcoming offshore projects in Guyana.  Interested suppliers must be registered with the Local Content Secretariat and the Centre for Local Business Development in Guyana, Technip said.  Exxon’s...

With Guyana’s economy rapidly expanding on the back of its oil and gas sector, President Irfaan Ali has issued a clear signal to investors and regional stakeholders that the South American nation is not waiting to modernize; it’s already...

President of the Guyana Oil and Gas Energy Chamber (GOGEC), Manniram Prashad, has called on Guyanese youth to embrace energy careers as long-term, meaningful pursuits rather than short-term employment opportunities. “We envision a future where young people see careers in...

ExxonMobil Guyana Limited (EMGL) is seeking suppliers for a goods and services agreement to provide Core Analysis and Handling Services for its offshore activities. The Request for Information (RFI) outlines the need for routine and special core analysis (RCAL and...

MODEC said it has successfully completed and delivered the Errea Wittu FPSO topsides modules at the BOMESC yard in Tianjin, China.  The company announced via LinkedIn on Thursday that the modules were delivered on or ahead of schedule, with all...

Guyana will move from an ad hoc importation of foreign labor to a structured policy approach, with plans to table a draft Migration Policy in Parliament, Vice President Bharrat Jagdeo said on Thursday. The shift comes as the South American...

ExxonMobil has added a combined 130,000 barrels per day (b/d) of oil production capacity across its first three offshore oil projects in Guyana, solely through optimization activities, providing a significant boost that reflects the operator’s evolving efficiency in the...