News

With Uaru set to come online this year, attention will turn to ExxonMobil’s next Stabroek Block development, Whiptail. ExxonMobil has been engaged in development drilling offshore, as it prepares to bring Whiptail online in 2027.  The project’s floating production, storage and...

ExxonMobil Guyana is seeking suppliers that can provide environmental, regulatory and socioeconomic consultancy services to support a broad range of offshore and onshore activities in Guyana. The request for information appeared in local newspapers on April 22, 2026. It is...

Stena Drilling Limited, through its Guyana branch, is inviting contractors and suppliers to submit expressions of interest (EOIs) for training services to support operations on the Stena Carron, which is operating offshore Guyana. The request, published by the Centre for...

The International Court of Justice (ICJ) will begin oral hearings on May 4 in the border controversy between Guyana and Venezuela, with proceedings expected to last at least a week and possibly extend further, Guyana’s Attorney General Mohabir Anil...

- Simulation exercise signals strong potential for the future energy workforce Three students from the University of Guyana (UG) student chapter of the Society of Petroleum Engineers (SPE) emerged as top performers at the country’s first-ever PetroChallenge, a high-intensity oil...

ExxonMobil Guyana has awarded a limited notice to proceed (LNTP) to Italy’s Saipem, related to its proposed Longtail project in Guyana, signaling a future full contract award that Saipem said could be worth up to US$1.5 billion. The Italian engineering...

Halliburton listed Guyana’s first fully automated closed-loop well placement system among its first-quarter 2026 technology highlights. “Halliburton, in collaboration with ExxonMobil Guyana, Sekal, and Noble, delivered a groundbreaking step forward in digital well construction to achieve the deepwater industry’s first...

Global oil demand is on track for its steepest quarterly decline since the COVID-19 pandemic, the International Energy Agency (IEA) said in an April 21 report, as the Iran war disrupts supply, lifts prices, and cuts fuel use across...

South America’s upcoming oil developments, including several in Guyana, are gaining increased importance due to recent developments in the Middle East, Norway-based Rystad Energy said in an April 21 analysis. “The Middle East conflict has done more than spike oil...

Halliburton reported stronger performance in Latin America in the first quarter of 2026, with revenue rising 22% year over year to US$1.1 billion, driven by increased activity across multiple oilfield service lines, according to its April 21 earnings release. According...