News

ExxonMobil continues drilling at Yellowtail as ONE GUYANA FPSO ramps up production

ExxonMobil Guyana Limited (EMGL) continued developmental drilling on September 20 at the Yellowtail Project’s YT_1P10 drill center within the Stabroek Block.  The Noble Don Taylor rig will carry out the operation until October 31, 2025, according to a recent notice...

Majors pivot back to frontier basins with bold deepwater plays, says Rystad Energy

Rystad Energy says some of the world’s largest oil companies are once again turning to frontier basins in search of major discoveries, with recent acquisitions in less-explored, riskier areas. In a LinkedIn post on September 22, Nishigandha, a senior Exploration...

Guyanese TVET instructors lead safety training under LearnCorp Program

LearnCorp International (LCI) has rolled out a revamped safety training program across Guyana’s Technical and Vocational Education and Training (TVET) institutions, now led by Guyanese instructors. Paul Cribby, Guyana’s Program Manager at LCI, told OilNOW in an interview on September...

Greenidge: ‘Absurd’ for Venezuela to target Guyana over U.S. anti-drug operations

Carl Greenidge, Guyana's Agent in the 1899 Arbitral Award case before the International Court of Justice, says he would be “very surprised if Venezuela could feel that it has any justification for attacking” Guyana in response to U.S. anti-drug...

Maersk, GTI to deliver world-class training for Guyana workforce

Maersk Training is partnering with Global Technology Incorporated (GTI), an academic center in Guyana, to strengthen local training and workforce development, according to a company announcement on LinkedIn. In the September 17 post, Bruno Aguiar Thomaz, Managing Director of Maersk...

Guyana’s Local Content Secretariat changes leadership

Michael Munroe has been appointed to succeed Dr. Martin Pertab as Director of Guyana’s Local Content Secretariat. Pertab has now taken up the post of Chief Executive Officer at the country’s Central Housing and Planning Authority (CH&PA). Pertab, who was...

Noble Tom Madden continues development drilling at Uaru

ExxonMobil Guyana Limited (EMGL) continued developmental drilling at the UA_4i02 Drill Center, part of the Uaru project in the Stabroek Block.  The campaign, underway since September 21, is being executed by the Noble Tom Madden drillship and is scheduled to...

ExxonMobil sanctions 7th Guyana project; first oil in 2029

ExxonMobil has made a final investment decision (FID) for the development of the Hammerhead discovery offshore Guyana, its seventh sanctioned project in the Stabroek Block, targeting first oil in 2029. The news comes on the heels of the issuance of...

Guyana issues production license for Exxon’s US$6.8 billion Hammerhead project

Guyana’s Ministry of Natural Resources announced on Monday that it has approved ExxonMobil’s Hammerhead project, a US$6.8 billion venture that will increase oil production capacity by 150,000 barrels per day (b/d). Oil from Hammerhead, discovered in the southwestern part of...

Exxon to conduct seismic survey offshore Trinidad in second quarter of 2026

ExxonMobil has scheduled a seismic survey for the second quarter of 2026 on its newly awarded TTUD-1 block offshore Trinidad and Tobago, according to updates shared with the Ministry of Energy and Energy Industries (MEEI). The company outlined its timeline...

Latest News

French firm gets five-year tech support contract from ExxonMobil Guyana

French geophysical technology company Sercel announced on Tuesday that it has been awarded a five-year contract for technical support...