News

Over 100 Guyanese part of Stena Drilling crew

Stena Drilling continues to prioritize local talent in its offshore operations, with over 100 Guyanese now forming a key part of its crew complement.  Stena’s International Logistics Manager, Richard Wells shared this detail via a LinkedIn video update.  Stena DrillMAX en...

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. He is set to replace Dr. Keith Rowley, who said last week that he will resign from the post ahead...

Hammerhead field development plan anticipated this year – Exxon 

Sometime this year, ExxonMobil Guyana is expected to submit the Field Development Plan (FPD) for its Hammerhead project - the 7th proposed development for the Stabroek Block.  President Alistair Routledge shared this during his recent appearance on the Energy Perspectives...

American Petroleum Institute criticizes Biden administration’s 11th-hour plan to ban new offshore oil and gas activity

The American Petroleum Institute (API) has condemned reports that the Biden administration plans to ban new oil and natural gas activity across millions of acres of federal waters. API President and Chief Executive Officer Mike Sommers called the move...

Exxon had a ‘strong safety year in 2024’ – Routledge 

ExxonMobil Guyana’s President, Alistair Routledge, has hailed 2024 as a year of exemplary safety performance for the company. “I'm happy to say we had a strong safety year in 2024, a platform that we expect to build on…So, first and...

More drilling activities planned for Ranger-1 – Exxon

ExxonMobil is preparing to undertake more drilling activities at its Ranger-1 discovery in the Stabroek Block in 2025, according to Alistair Routledge, President of ExxonMobil Guyana, who shared insights during a recent episode of Energy Perspectives. The Ranger find,...

Hammerhead project rivals Liza with superior reservoirs

ExxonMobil’s Hammerhead project, its seventh development in Guyana’s Stabroek Block, boasts reservoirs “as good as, or even better than”, the flagship Liza field, according to Alistair Routledge, President of ExxonMobil Guyana. He shared this detail during a recent episode...

Global energy supply chains face persistent challenges in 2025 

Supply chain challenges continue to disrupt global energy markets in 2025, with geopolitical tensions and protectionism driving significant shifts in the sector.  “High investment levels in oil and gas and new energy sectors are adding strain to an already stretched...

New Demerara bridge to be completed by August 31, 2025 – Government

The new four-lane high-span Demerara bridge will be completed on August 31, 2025.  The bridge is now 61.72% completed, and is one of several major projects expected to be completed in Guyana this year. The new bridge will be instrumental...

Suriname oil development could be most expensive to date in Guyana Basin

Staatsolie said Suriname’s first oil development in the shared basin could cost US$13.2 billion. This would represent the highest development expense for such a project, costing more than any of the six projects already sanctioned for nearby Guyana in the same...

Latest News

Exxon hits 900,000 barrels of oil per day in Guyana as Yellowtail reaches full capacity

ExxonMobil Guyana today announced that the country’s daily oil production has reached a new milestone of 900,000 barrels per...