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Exxon not financing Guyana border case at ICJ – official

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ExxonMobil Guyana President, Alistair Routledge said the company is not financing Guyana’s Essequibo case at the International Court of Justice (ICJ).  He commented at an April 30 press conference when asked to respond to an accusation from Venezuela that the...
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Petrobras production hiked 3.7% in Q1 

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Petrobras' average production of oil, natural gas liquids (NGL) and natural gas in the first quarter of 2024 reached 2.7 million barrels of oil equivalent per day (boe/d), an increase of 3.7% compared to Q1 2023.  Petrobras said the increase...
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‘The devil is in the details’ – petroleum geologist says of CGX’s Guyana discovery

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Editor-in-Chief at GEO ExPro, Henk Kombrink, questioned why companies would announce a discovery when the actual proof is not there, following a March 18 release from Vancouver-based explorer MCF Energy that announced a “significant gas discovery” at its Welchau-1...
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QatarEnergy inks ‘industry’s largest single shipbuilding contract ever’ with China’s CSSC

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QatarEnergy said it signed an agreement with China State Shipbuilding Corporation (CSSC) for construction of 18 ultra-modern QC-Max size liquefied natural gas (LNG) vessels, a major boost in its LNG fleet expansion program. The new vessels, with a capacity of...
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‘Excellence in project execution, operation’ saw Payara reaching nameplate capacity ahead of schedule – Exxon

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ExxonMobil said in its 2024 first-quarter earnings report that excellence in project execution and operations was demonstrated when the Payara project safely reached its nameplate production target of 220,000 barrels per day (b/d) in January.  Dutch floater specialist, SBM Offshore,...
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Vallourec gets fourth order from ExxonMobil Guyana for Whiptail project

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Vallourec said it got a fourth major order in the framework of a 10-year Long-Term Agreement (LTA) it signed in 2021 with ExxonMobil Guyana. Under the contract, Vallourec will deliver line pipe for the Whiptail project.  Vallourec will deliver over...
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ExxonMobil Guyana seeks providers for platform and fast supply vessels

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ExxonMobil Guyana announced plans to establish enabling agreements for the provision and operation of platform supply vessels (PSV) and fast supply vessels (FSV) in Guyana waters. The company’s Request for Information (RFI) indicates the vessels need to be delivered by...
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CNOOC sees production boost in China, Canada and Guyana in first quarter

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China’s CNOOC reported a total net production of 180.1 million barrels of oil equivalent (boe) in the first quarter of 2024. It said the year-on-year (YoY) increase of 9.9% was driven by output in China, Canada and Guyana.  Its net...
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Guyana will be one of the most successful deepwater developments in history – Exxon CEO

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ExxonMobil’s Chief Executive Officer (CEO) and Chairman of the Board, Darren Woods, hailed Guyana’s oil story as one that will be well remembered in the history of the oil and gas sector. “I believe Guyana will go down as...
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Hess asked arbitration tribunal to hear Guyana case in third quarter – Chevron CEO

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Hess Corporation requested that an arbitration tribunal hear the merits of its dispute with ExxonMobil and CNOOC in the third quarter, with a view of having an outcome in the fourth quarter. This was reported by Mike Wirth, Chief...
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Energy Chamber Head urges Guyanese youths to embrace long-term opportunities in oil sector 

President of the Guyana Oil and Gas Energy Chamber (GOGEC), Manniram Prashad, has called on Guyanese youth to embrace...

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