Production

Worley Parsons to review ExxonMobil’s development plan

The Government of Guyana has contracted Australian resources and energy consultants Worley Parsons to review ExxonMobil’s initial development plan in preparation for petroleum production from its Stabroek Block come 2020. This review is necessary for determining whether the oil giant...

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Hess to return 94% of net undeveloped acreage to Guyana and Suriname by 2028

According to its 2024 annual report, Hess Corporation plans to return 94% of its net undeveloped acreage, primarily to...