News

Three of four bypass stacks installed at Wales for Gas-to-Energy project, contractor says

Lindsayca, the contractor developing the integrated gas processing facility under Guyana’s Gas-to-Energy (GtE) project, said it installed three heat-recovery steam generator (HRSG) bypass stacks at the Wales, West Bank Demerara site. The U.S.-based contractor, in a LinkedIn post on May...

Guyana among countries benefiting from higher oil prices amid Iran war disruption

Guyana is among a group of oil-exporting countries benefiting from higher global crude prices amid disruptions in the Strait of Hormuz, according to Clyde Russell, Asia Commodities and Energy columnist at Reuters. Russell, in a May 28 column, said rising...

Exxon’s Haimara plan also targets gas resources at Hatchetfish, Bluefin

ExxonMobil Guyana’s project summary for the intended Haimara gas development noted plans to also tap the Hatchetfish and Bluefin wells.  Published on the Environmental Protection Agency’s website, the summary outlined “The proposed Haimara Development Project…will develop the Haimara, Bluefin and...

SBM Offshore receives ABS approval for subsea cooling technology aimed at cutting FPSO emissions

SBM Offshore has received a Statement of Maturity from the American Bureau of Shipping (ABS) for its seawater intake riser (SWIR) technology, a subsea cooling system designed to improve energy efficiency and reduce emissions on floating production, storage, and...

What we know about ExxonMobil’s proposed Haimara project

ExxonMobil Guyana has formally begun the environmental authorization process for its proposed Haimara development offshore Guyana. Haimara would be the ninth hydrocarbon development project for Exxon in the country. Here are some key questions and answers about the project...

Occidental takes stake in ExxonMobil’s Trinidad deepwater block

Occidental Petroleum has acquired a 10% stake in ExxonMobil’s deepwater exploration block offshore Trinidad and Tobago, according to two Reuters sources familiar with the matter. The block, known as UD(1), was previously wholly owned by ExxonMobil after the U.S. major...

ExxonMobil Guyana, SBM Offshore to join Process Safety Forum 2026 in Trinidad on May 28 

ExxonMobil Guyana and SBM Offshore Guyana are among regional energy companies expected to participate in the Process Safety Forum 2026, scheduled for May 28 at the Cara Suites Hotel & Conference Centre in Claxton Bay, Trinidad. The event is being...

SBM Offshore subsidiary seeks local suppliers for steel, timber and safety equipment

Guyana Deep Water Operations Inc. (GDO), a subsidiary of SBM Offshore, is seeking information from Guyanese suppliers for steel fabrication, timber supply and protective equipment. The company issued a request for information (RFI) on May 15, noting that the process...

Guyana seen as more attractive oil investment destination as Venezuela debt talks continue – S&P Global

Guyana is seen as a more attractive oil investment destination as Venezuela works through a sovereign debt restructuring process that analysts say could take years to complete, according to an S&P Global analysis published on May 20.  The report examined...

ExxonMobil invites public input as proposed Haimara project enters EPA process

ExxonMobil Guyana has applied to the Environmental Protection Agency (EPA) for environmental authorization for the Haimara project, its proposed ninth development in the Stabroek Block. The project is expected to anchor a gas-focused development in the southeast section of the...

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SBM Offshore workshop builds financial and life skills among young women

SBM Offshore Guyana has launched a financial literacy initiative aimed at helping young women develop the practical skills needed...