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ExxonMobil says Guyana operations funded from equity, not U.S. taxpayers’ dollars

ExxonMobil Guyana says no American taxpayer money is financing its operations in the South American country. President, Alistair Routledge, said the company’s offshore work is entirely funded by its own cash reserves. “All of the financing of the business here...

Ammonia and urea plant, gas bottling company, part of plans to expand Guyana’s Gas-to-Energy project

Guyana is planning to construct a US$300 million ammonia and urea plant at Wales on the West Bank of Demerara. Plans are also underway to establish a gas bottling and logistics company, as the country seeks value-added production from...

Guyana seeks to resuscitate the Amaila Falls hydropower project

The Guyana government has reopened the bidding process for the long-delayed Amaila Falls Hydropower Project (AFHP), inviting proposals under a Build-Own-Operate-Transfer (BOOT) model as it moves to advance its clean energy transition. The Office of the Prime Minister said on...

ExxonMobil’s Longtail project to operate for 30 years, producing premium condensate and gas

ExxonMobil’s next proposed development offshore Guyana, the Longtail project, is being designed to operate for three decades, making it the company’s longest-running production venture in the Stabroek Block. During an interview with the Starting Point - The Oil and Gas...

ExxonMobil says LNG remains on the table as it weighs the best use of Guyana’s gas resources

ExxonMobil has reaffirmed that Liquefied Natural Gas (LNG) remains a viable option for developing Guyana’s gas resources, even as the company focuses on projects that deliver greater value to the country. Alistair Routledge, President of ExxonMobil Guyana, stated in a...

MODEC seeks fabrication services for upcoming FPSO projects in Guyana

MODEC Guyana Inc. has issued a Request for Information (RFI) seeking qualified suppliers to provide fabrication services for upcoming floating production, storage and offloading (FPSO) projects offshore Guyana. The company is requesting services to supply and fabricate handrails, monorails, and...

DOF Subsea secures one-year contract extensions for vessels supporting ExxonMobil in Guyana

DOF Subsea has announced one-year contract extensions for two of its vessels operating offshore Guyana. The company said in a LinkedIn post on October 23 that the Skandi Nomad is now contracted until the fourth quarter of 2026, while the...

Baker Hughes backlog hits record US$32.1 billion as LNG, offshore orders surge

Baker Hughes has reported a record $32.1 billion backlog in the third quarter of 2025, driven by strong orders in its Industrial & Energy Technology (IET) segment and rising demand from the liquefied natural gas (LNG), power generation, and...

Eco Atlantic considering heavy-oil development at Jethro; says Exxon Hammerhead FID triggers ‘fresh look’

Eco Atlantic Oil and Gas is taking a fresh look at its 2019 Jethro-Lobe discovery offshore Guyana, after ExxonMobil’s Hammerhead project proved that heavy oil finds in the basin can be commercially developed. Chief Executive Officer Gil Holzman said in...

TechnipFMC has an unbroken run of ExxonMobil Subsea awards in Guyana – CEO 

TechnipFMC Chief Executive Officer Doug Pferdehirt has highlighted the company’s exceptional record of securing every subsea production system contract awarded by ExxonMobil in Guyana since 2017. Speaking on the company’s third-quarter 2025 earnings results announced on Wednesday, Pferdehirt said that...

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Return of Venezuelan crude could support Trinidad refinery revival – Energy Chamber 

The return of Venezuelan crude to international markets could support efforts to restart refinery operations in Trinidad and Tobago,...