Hunting Subsea Technologies has successfully delivered eight titanium stress joints for ExxonMobil’s massive Uaru oil development offshore Guyana, the company said in a recent statement.
The components will be integrated into the Errea Wittu floating production, storage and offloading (FPSO)...
Georgetown, Guyana – Energy Guyana has released a landmark special edition publication titled "Energy Nation: 10 Years of Oil in Guyana", marking a decade since the transformative discovery of oil in the Stabroek Block (Click here to view).
The...
Guyana attracted US$2.1308 billion in foreign direct investment (FDI) during the first quarter of 2025, almost entirely in its oil and gas sector, according to new data from the Bank of Guyana.
The report shows that oil and gas continues...
CGX Energy said on Friday that the Government of Guyana has indicated it may be open to talks in October as the Canadian company and its partner Frontera Energy seek to reverse the cancellation of the Corentyne Block license.
The...
SURINAME, PARAMARIBO - President Jennifer Geerlings-Simons welcomed the Staatsolie management team at her office last week for a comprehensive update on the company’s current state of affairs.
According to information from the President’s office, Staatsolie’s onshore and offshore drilling activities,...
Chevron Corp reported a 44% drop in second-quarter profit on Friday, hurt by lower crude prices, weaker affiliate income, and a US$215 million loss tied to the fair value of Hess shares, even as the oil major posted record...
ExxonMobil’s Chief Executive Officer, Darren Woods announced today that first oil from the ONE GUYANA floating production storage and offloading (FPSO) vessel is expected next week. The milestone will mark the start of production from the Yellowtail development, Exxon’s...
ExxonMobil Corporation reported second-quarter 2025 earnings of US$7.1 billion, or US$1.64 per diluted share. According to its financial report released this morning, cash flow from operating activities totaled US$11.5 billion, while free cash flow stood at US$5.4 billion.
Shareholder distributions...
Suriname is set to surpass Guyana in exploration and appraisal drilling activity in 2025, according to Wood Mackenzie in the latest World Oil Regional Report on Guyana and Suriname.
“In 2025, for the first time since the Liza discovery, WoodMac...
Strohm has completed fabrication of the first 13 thermoplastic composite pipe (TCP) jumpers for ExxonMobil’s Yellowtail development offshore Guyana.
The jumpers were produced under Strohm’s Jumper on Demand model, a first for both the region and the client. The approach...
