News

MODEC seeks drone inspection services for Guyana operations

MODEC has issued a Request for Information (RFI) for Remotely Piloted Aircraft Systems (RPAS) inspection services for its Guyana operations. The inspections will cover flare stacks, ignition systems, burners, flare structures, and vent towers. MODEC launches internship, trainee programs for...

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

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...

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

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...

Exxon pushing for growth in fabrication, repair services in Guyana

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...

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

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...

Petrobras begins divestment of Tartaruga shallow water field

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...

Second phase of Berbice training facility progressing with extended timeline

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...

Exxon not backing out of Block S8 talks – Jagdeo 

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...

Manatee project advances with local fabrication milestone in Trinidad

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...

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

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...

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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...