The Government of Guyana submitted its 2023 Extractive Industries Transparency Initiative (EITI) report in December 2025. According to the country’s natural resource minister, preparations are well underway for the 2024 submission.
In his budget presentation this week, Minister of Natural...
ExxonMobil Guyana Limited (EMGL) has completed the US$2.32 billion purchase of the ONE GUYANA floating production, storage and offloading (FPSO) vessel that has been pivotal in Guyana’s offshore oil production.
The acquisition allows ExxonMobil Guyana to assume full ownership of...
Guyana is projected receive over US$2.4 billion in deposits to the Natural Resource Fund (NRF) in 2026, driven by rising oil production and the startup of the Errea Wittu floating production, storage and offloading (FPSO) vessel.
This was disclosed by...
The subsea scope for TotalEnergies’ GranMorgu development offshore Suriname is more than twice the size of ExxonMobil’s Yellowtail project in Guyana, according to the Guyana and Suriname Country Manager of Subsea7, Michael Gow.
The comparison was made during a recent...
Brazil and Guyana will continue to anchor global growth in floating production, storage and offloading (FPSO) vessel deployments, according to a January whitepaper by Norway-based Rystad Energy.
“Petrobras and ExxonMobil will remain the region’s key players, leading the way in...
Data collected from new 3D marine seismic surveys across deepwater offshore blocks left unawarded or unresolved in Guyana’s first oil and gas auction will soon play a key role in establishing the country’s first Petroleum Data Repository.
The Guyana government...
Guyana’s offshore oil production depends on floating production, storage and offloading (FPSO) vessels. These vessels are designed to handle large volumes of oil and associated gas while operating efficiently and keeping emissions as low as possible.
Production in the Stabroek...
Guyana is firmly positioned to maintain its standing as a global model for responsible, safe, and sustainable energy development. This is according to Head of the Environmental Protection Agency’s (EPA) Oil and Gas Department, Sheirdath Ramsammy.
Speaking on the agency’s...
The start-up of the ONE GUYANA floating production, storage and offloading (FPSO) vessel in 2025, played a decisive role in driving trade growth, with sharp increases in imports of agricultural machinery and construction materials, according to Finance Minister Dr....
Halliburton Guyana Inc. has issued an Expression of Interest (EOI) for the procurement, construction, and commissioning of a new Baroid laboratory, as the company continues to expand its onshore footprint in the country.
The EOI, published recently, invites vendors to...
The partnership between the Iwokrama International Centre for Rainforest Conservation and Development and ExxonMobil Guyana is delivering measurable results...
