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Dan Ammann named ExxonMobil’s new Upstream President as Mallon heads to retirement 

OilNOW -
ExxonMobil has announced leadership changes, with Dan L. Ammann appointed as President of ExxonMobil Upstream Company and Vice President of Exxon Mobil Corporation, effective February 1, 2025. He will succeed Liam M. Mallon, who is retiring after 34 years...
Exploration

Guyana oil success rooted in high risks, partnerships, and innovation – Liam Mallon

OilNOW -
In a candid discussion with Hart Energy, President of ExxonMobil Upstream Company and Vice President of Exxon Mobil Corporation, Liam Mallon, provided a detailed account of Guyana’s journey to becoming a major oil producer. Mallon outlined the inherent risks...
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Exxon pushing for growth in fabrication, repair services in Guyana

OilNOW -
ExxonMobil Guyana is working to expand fabrication, machining, and repair services to support its growing oil and gas operations. President of the company, Alistair Routledge, explained that this effort is part of its strategy to strengthen local businesses and...
Exploration

Stena Carron probing Lau Lau-2 as Exxon looks to increase discovered resources

OilNOW -
ExxonMobil is advancing exploration drilling at the Lau Lau-2 well site at the Stabroek Block offshore Guyana. The drilling operation, being undertaken by the Stena Carron, will conclude on December 31, 2024. The site is located 116.73 nautical miles (216.18...
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Petrobras begins divestment of Tartaruga shallow water field

OilNOW -
Petrobras has launched the divestment process for its 25% minority stake in the Tartaruga field, located in shallow waters off Pirambu, Sergipe, in the Sergipe-Alagoas Basin. The field is operated by SPE Tiêta, a subsidiary of Petrorecôncavo, which holds...
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Second phase of Berbice training facility progressing with extended timeline

OilNOW -
The construction of the oil and gas training facilities at the Guyana Technical Training College (GTTCI) in Port Mourant, Berbice, is progressing steadily, with the completion date now set for October 2026.  President Irfaan Ali announced the updated timeline on...
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Exxon not backing out of Block S8 talks – Jagdeo 

OilNOW -
ExxonMobil, Hess and CNOOC are not backing out of talks with the Guyana government for a shallow water block they were awarded after the country’s first offshore auction. Guyana's Vice President, Bharrat Jagdeo, said during a Thursday press conference that...
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Manatee project advances with local fabrication milestone in Trinidad

OilNOW -
Shell, McDermott, and Trinidad Offshore Fabricators Unlimited (TOFCO) hosted a ceremonial steel-cutting simulation this week at the TOFCO Yard, La Brea Industrial Estate. The event marked the start of local fabrication for the Manatee Project’s platform jacket, the largest...
News

US$500M+ United States loan for Guyana gas project clears key hurdle

Kemol King -
Guyana's Vice President, Bharrat Jagdeo, announced during a November 28 press conference that the United States Export-Import Bank (EXIM Bank) has given preliminary approval for a loan exceeding US$500 million to support Guyana's Gas-to-Energy project. Initially, the government applied...
News

Eco Atlantic remains upbeat about stake in South America’s mega hotspot   

OilNOW -
Eco (Atlantic) Oil & Gas Ltd. has reaffirmed its focus on Guyana, a key area for hydrocarbon exploration, where ExxonMobil has found more than 11 billion barrels of oil equivalent resources since 2015. In its unaudited results for the...
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Trinidad Energy Minister Young to assume PM role as Rowley bows out

Stuart Young, Minister of Energy and Energy Industries of Trinidad and Tobago, will be the country’s next Prime Minister....

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