News

Saipem announced today that it has received full authorization from ExxonMobil Guyana Limited to proceed with the execution of the Hammerhead offshore project in the Stabroek Block.  The Milan-based company said the engineering, procurement, construction and installation (EPCI) contract is...

ExxonMobil is setting measured expectations for its newly awarded ultra-deepwater acreage in Trinidad and Tobago, even as it prepares to launch a seismic campaign in 2026. John Ardill, ExxonMobil’s Vice President of Exploration, said this week on LinkedIn: “While we...

While Guyana’s Occupational Health and Safety Act provides a strong foundation, more specific regulations will further help to protect workers, according to Paul Cribby, Guyana Program Manager at LearnCorp International (LCI). Speaking in a September 23 interview with OilNOW about...

ExxonMobil is framing Guyana’s oil success as a benchmark for speed and scale, with Dan Ammann, President of its Upstream Company, praising the country’s advancement of its seventh offshore project just ten years after the first discovery. “We continue to...

PARAMARIBO, SURINAME – Stakeholders from across Suriname’s oil and gas sector gathered on September 24 at the Assuria Event Center for a masterclass, 'Navigating the Local Content Regulations for Oil and Gas in Suriname'. The event, organized by Shyamnarain Associates...

ExxonMobil Guyana has confirmed that its operations in the Stabroek block will reach a combined production capacity of 1.5 million barrels of oil per day by 2029, marking a ten-year leap from first oil to one of the fastest...

Dear Editor, Guyana’s oil boom is sparking conversation worldwide, but the real measure of success isn’t how many barrels we pump; it’s how our people benefit. Every job created, every local business engaged, and every young professional trained is a...

Guyana’s Agent in the Border Case with Venezuela before the International Court of Justice (ICJ), Carl Greenidge, said that while he is not a strategist, it would be unrealistic to dismiss the possibility of an invasion. However, he said the...

ExxonMobil Guyana Limited (EMGL) continued developmental drilling on September 20 at the Yellowtail Project’s YT_1P10 drill center within the Stabroek Block.  The Noble Don Taylor rig will carry out the operation until October 31, 2025, according to a recent notice...

Rystad Energy says some of the world’s largest oil companies are once again turning to frontier basins in search of major discoveries, with recent acquisitions in less-explored, riskier areas. In a LinkedIn post on September 22, Nishigandha, a senior Exploration...