News

Noble Corporation says its Noble Sam Croft rig has achieved record performance in Guyana following a major upgrade earlier this year. In a LinkedIn post on October 14, the company announced the success of its collaboration under the Wells...

President of ExxonMobil Guyana, Alistair Routledge, has rejected claims that the company benefited from tax credits in Guyana for 2023 and 2024, insisting that no such credits were applied in the company’s U.S. filings. Routledge's clarification comes after three U.S....

ExxonMobil Guyana Limited President Alistair Routledge said Longtail is on a clear 2026 decision track, speaking at an October 13 press briefing at the company’s new Ogle headquarters. He said the Environmental Impact Assessment is underway following early consultations.  Routledge...

Total offshore production from Guyana’s Stabroek Block has hit over 700,000 barrels of oil per day, President of ExxonMobil Guyana Limited Alistair Routledge confirmed at a press briefing this morning. The start-up of the Yellowtail development is behind the spike....

ExxonMobil Guyana Limited (EMGL) is continuing developmental drilling at the Whiptail Project’s WT_3P01 Drill Center, located within the Stabroek Block of Guyana’s Exclusive Economic Zone, according to a notice issued by the Maritime Administration Department (MARAD). MARAD stated that the...

Bourbon Guyana Inc. has applied to the Environmental Protection Agency (EPA) for approval to provide offshore bunkering services to ExxonMobil Guyana Limited’s Whiptail, Yellowtail, and Uaru projects within the Stabroek Block.  According to Bourbon’s project submissions, the operations will involve...

Guyana’s skyline has a new landmark. On October 5, the much-anticipated New Demerara River Bridge officially opened, a 2,800-meter marvel that is already being hailed as a symbol of modern engineering, local collaboration, and strengthened China–Guyana relations. President Dr. Mohamed...

A new report by Westwood Global Energy Group indicates that, despite shifting market conditions, high-impact exploration (HIE) remains a key focus, although the sector has become increasingly concentrated among fewer players over the past decade.  According to Westwood’s October 7...

PARAMARIBO, SURINAME - Staatsolie’s 2024 Sustainability Report showcases a year of major progress in responsible energy development, anchored by the company’s participation in the GranMorgu offshore project and a stronger focus on low-carbon, transparent and socially responsible growth.  The company’s...

The Dragon gas deal between Trinidad and Tobago and Venezuela has been resurrected, but its return comes with new elements.  On April 8, the U.S. government revoked licenses previously granted to Trinidad and Tobago for the Dragon and Manakin-Cocuina cross-border...