News

Exxon’s Longtail to feature largest gas handling facility in Stabroek Block, targets 250,000 b/d of condensate

ExxonMobil Guyana Limited President Alistair Routledge said Longtail is on a clear 2026 decision track, speaking at an October 13 press briefing at the company’s new Ogle headquarters. He said the Environmental Impact Assessment is underway following early consultations.  Routledge...

Guyana hits record three-quarter million barrels of oil per day

Total offshore production from Guyana’s Stabroek Block has hit over 700,000 barrels of oil per day, President of ExxonMobil Guyana Limited Alistair Routledge confirmed at a press briefing this morning. The start-up of the Yellowtail development is behind the spike....

Tom Madden rig moves to Whiptail field as drilling development campaign advances

ExxonMobil Guyana Limited (EMGL) is continuing developmental drilling at the Whiptail Project’s WT_3P01 Drill Center, located within the Stabroek Block of Guyana’s Exclusive Economic Zone, according to a notice issued by the Maritime Administration Department (MARAD). MARAD stated that the...

Bourbon’s Mistral and Ruby vessels to deliver offshore fuel support for Exxon’s Guyana projects

Bourbon Guyana Inc. has applied to the Environmental Protection Agency (EPA) for approval to provide offshore bunkering services to ExxonMobil Guyana Limited’s Whiptail, Yellowtail, and Uaru projects within the Stabroek Block.  According to Bourbon’s project submissions, the operations will involve...

A look at Guyana’s engineering masterpiece, the New Demerara Bridge

Guyana’s skyline has a new landmark. On October 5, the much-anticipated New Demerara River Bridge officially opened, a 2,800-meter marvel that is already being hailed as a symbol of modern engineering, local collaboration, and strengthened China–Guyana relations. President Dr. Mohamed...

Number of high-impact exploration companies halves as discovered volumes slide – Westwood

A new report by Westwood Global Energy Group indicates that, despite shifting market conditions, high-impact exploration (HIE) remains a key focus, although the sector has become increasingly concentrated among fewer players over the past decade.  According to Westwood’s October 7...

Staatsolie’s 2024 Sustainability Report outlines low-carbon growth and offshore ambitions

PARAMARIBO, SURINAME - Staatsolie’s 2024 Sustainability Report showcases a year of major progress in responsible energy development, anchored by the company’s participation in the GranMorgu offshore project and a stronger focus on low-carbon, transparent and socially responsible growth.  The company’s...

Trinidad’s Dragon gas deal is back, but with a twist

The Dragon gas deal between Trinidad and Tobago and Venezuela has been resurrected, but its return comes with new elements.  On April 8, the U.S. government revoked licenses previously granted to Trinidad and Tobago for the Dragon and Manakin-Cocuina cross-border...

Saipem’s Castorone vessel in Guyana for Whiptail development works 

Saipem’s Castorone vessel has commenced its campaign for Guyana’s Whiptail development. This was confirmed by Saipem’s Company Supply Chain Manager, Diego Vicke in a LinkedIn post on October 9.  Saipem’s scope of work entails the detailed engineering, procurement, construction, and...

Project FLOW launches to provide clean water access for more than 58,000 students in Guyana 

The Greater Guyana Initiative (GGI), in collaboration with the Ministry of Education and Recover Guyana, officially launched its Signature Project: FLOW: National Water Purification and Sustainability Initiative for Public Secondary Schools, TVET Institutions, and Special Needs Schools in Guyana.  According...

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Kuwait, Qatar, other long-established producers now trail Guyana in per capita oil output

Countries with some of the world’s most mature petroleum industries now rank behind Guyana in per capita oil production,...