ExxonMobil’s Uaru and Whiptail projects are each targeting an initial production range of 220,000-275,000 barrels per day (b/d), according to a document distributed at the company’s recent public meeting in Georgetown.
Uaru and Whiptail are the fifth and sixth oil...
Even with a string of massive oil developments being pursued offshore Guyana, the country will remain a net carbon sink for years to come, a study indicated.
Guyana’s Environmental Protection Agency (EPA) requested that ExxonMobil conduct an environmental impact assessment...
TechnipFMC reported a significant earnings boost in the second quarter, driven by strong operational performance and key project awards, including the Whiptail project in Guyana. The company’s total revenue reached US$2,325.6 million, with net income at US$186.5 million, or...
Guyana's Vice President Bharrat Jagdeo said Thursday that the government is not inclined to grant an extension sought by CGX Energy for its Corentyne Block license.
“ went to the Cabinet today. There were discussions. The Cabinet is not...
Oil production at ExxonMobil’s Payara development has been optimized in record time, delivering oil output in excess of 250,000 barrels per day (b/d) in its eighth month of production.
Payara, which achieved first oil in November 2023, first reached its...
According to the Energy Chamber of Trinidad and Tobago, Venezuela has signed a 20-year natural gas production and exploration agreement with BP and The National Gas Company of Trinidad and Tobago Limited (NGC) for the Cocuina gas field. The...
July 28 is the day millions of Venezuelans will decide who their next president will be.
Perhaps it will be another term for Nicolas Maduro. Or maybe change will come with a win for Opposition candidate Edmundo Gonzalez. From Opposition...
Halliburton Guyana Inc. has issued an Expression of Interest (EOI) for the construction of a wastewater treatment plant. This global energy service provider, established in 1919, is seeking contractors for a comprehensive project to enhance its operations in Guyana.
Halliburton...
The Government of Guyana has withdrawn US$850 million from its Natural Resource Fund (NRF) so far for 2024 to support its development agenda for the South American country. This is equivalent to approximately GY$177 billion.
The NRF holds Guyana’s...
Exxon’s fifth Guyana development - Uaru - continues to progress with the first pipe being delivered to the Vreed-en-Hoop Shore Base (VEHSI).
ExxonMobil Guyana’s Global Projects Cost Engineering Manager, Rebecca Cvikota shared this detail during the first round of public...
