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bpTT and EOG deliver first gas from Mento Development offshore Trinidad

bp Trinidad and Tobago (bpTT) has announced first gas from the Mento development, a 50/50 joint venture with EOG Resources Trinidad Ltd. EOG is the project operator. Initial gas is being produced from the discovery well. Drilling of the remaining...

Shell to increase stake in Nigeria’s Bonga oil field

Shell Nigeria Exploration and Production Company (SNEPCo) has signed an agreement to acquire TotalEnergies’ 12.5% stake in the OML 118 Production Sharing Contract offshore Nigeria. The deal, announced by Shell on May 28, will raise Shell’s interest in OML 118...

Snapshot: Exxon’s first Stabroek Block tie back development tapping three oil fields 

ExxonMobil’s Uaru development is the first Stabroek Block project to utilize a subsea tieback connecting three fields - Uaru, Mako, and Snoek oil fields - to a single production facility. Tiebacks, by industry definition, transport hydrocarbons from seabed wells to...

ExxonMobil enters exclusive talks to sell French refinery to North Atlantic

ExxonMobil has entered exclusive negotiations with Canadian fuel retailer North Atlantic for the sale of its 82.89% stake in its French subsidiary Esso, including the 240,000 barrels per day Gravenchon refinery in Normandy. The deal also includes a 100% stake...

Ranking the giants: Largest oil discoveries in Guyana’s Stabroek Block after Liza

Since ExxonMobil’s historic Liza discovery in 2015, the Stabroek Block offshore Guyana has yielded a string of world-class oil finds. While Liza remains the biggest discovery to date, several subsequent wells have encountered major oil-bearing reservoirs. Liza was the biggest,...

Oil production to begin at Guyana’s 4th project ahead of pivotal elections

ExxonMobil’s Yellowtail development offshore Guyana is expected to come online in August, just ahead of national elections in the South American country. Yellowtail, the fourth project in the Exxon-led Stabroek Block, will use the ONE GUYANA floating production, storage and...

ExxonMobil seeks ROV services for offshore operations near Georgetown

ExxonMobil Guyana Limited (EMGL) said it plans to establish a goods and services agreement for Deepwater Subsea Remote Operated Vehicle (ROV) support.  In a public request for information, Exxon said the ROV services will assist oil and gas operations near...

Guyana’s Yellowtail crude to enter market in competition with U.S. WTI and Argentina’s Medanito

Guyana’s Yellowtail crude, from the country’s fourth offshore development, is set to hit international markets in the third quarter of 2025, with a lighter and sweeter profile than the country’s current grades.  The new grade is expected to compete directly...

Election Deadlock: Suriname’s 2025 elections signal coalition challenges ahead of oil boom

PARAMARIBO, SURINAME - Suriname’s 2025 general elections have yielded a dramatic outcome that is both reflective of the country’s political fragmentation and indicative of the challenges ahead in forming a government and charting a united course for the country’s...

Guyana to vote on September 1 in first election of oil-funded development era

Guyana will hold elections for a new government on September 1, 2025, President Irfaan Ali announced Sunday night during his address on the country’s 59th Independence anniversary. Speaking at national celebrations held in Albion, Berbice, Ali said he had consulted...

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From chemistry to cargo: How Natina Singh became ExxonMobil Guyana’s first Operations and Logistics Superintendent

When Natina Singh began her academic journey in chemistry, she never imagined she would one day be managing logistics...