News

Energy Guyana launches 40-page edition mapping Guyana’s STEM pathways

Energy Guyana has launched a 40-page Special STEM Edition of Energy Magazine, highlighting the people, institutions and programs helping to build Guyana’s future technical workforce. Titled “Building Guyana’s STEM Future — From Classroom to Career,” the July 2026 publication examines...

Education’s oil-funded makeover: The changing face of schools in Guyana

Guyana’s education system is undergoing one of its most visible transformations since the start of the oil era.  Rising public revenues generated from production activities in the ExxonMobil-operated Stabroek Block have supported increased investment in education infrastructure, with new schools...

Exxon exploring Rockhead-1 prospect in Stabroek Block, targeting more oil

The Stena Carron is carrying out exploration drilling at the Rockhead-1 prospect in Guyana’s Stabroek Block.  According to a recent notice from the Maritime Administration Department (MARAD), drilling activities will conclude on August 31.  ExxonMobil’s next oil target in Stabroek Block:...

ExxonMobil sees ninth Guyana FPSO mirroring Longtail development

ExxonMobil is evaluating a ninth floating production, storage and offloading vessel for Guyana that could mirror the development concept being advanced for Longtail, Chairman and Chief Executive Officer Darren Woods said during the company’s second-quarter 2026 earnings call on...

Oil era bringing cutting-edge technology and specialist healthcare to Guyana 

For generations, a serious illness often came with another burden for many Guyanese: the journey to Georgetown. Whether it was advanced diagnostic testing, specialist consultations or complex hospital care, the capital was where patients had to go. That reality is...

The Gas-to-Energy project could make electric vehicles more attractive in Guyana

What if the cost of powering your vehicle suddenly fell by half? That is the promise of Guyana's Gas-to-Energy (GtE) project. With electricity prices projected to fall by about 50%, making Guyana's transition to cleaner transportation could become more financially...

Saipem completes platform installation for Romania’s Neptun Deep gas project 

Saipem has completed the offshore installation of the production platform for the Neptun Deep gas development in Romania’s Black Sea sector.  In a public statement issued on July 23, the company explained that this marks the end of one of...

Lethem hybrid energy project cut diesel use by more than 20,000 barrels already

Guyana’s Lethem community in Region Nine (Upper Takutu/Upper Essequibo) has avoided the use of more than 20,000 barrels of diesel through a hybrid energy system that combines hydropower, solar and diesel generation, according to the Guyana Energy Agency (GEA). One...

MARAD seeks contractor to salvage MV Barima wreckage

The Maritime Administration Department (MARAD) has invited qualified marine salvage contractors to submit expressions of interest for the recovery of the wrecked MV Barima. The state-owned ferry capsized on July 18 while it was travelling from Georgetown to Port Kaituma....

AI work identifies four new Guyana discovery opportunities for ExxonMobil

ExxonMobil has identified four additional potential discovery opportunities in Guyana after applying artificial intelligence to its Stabroek Block exploration data. Senior Vice President and Chief Financial Officer Neil Hansen disclosed the results during ExxonMobil’s second-quarter 2026 earnings call on...

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The 13-kilometer link giving Hammerhead gas three potential destinations

Guyana’s Hammerhead development, the country’s seventh sanctioned offshore oil project, is expected to begin production in 2029 with capacity...