Guyana will remain a net carbon sink through 2030 even as it expands oil production with multiple offshore projects, according to an environmental impact assessment (EIA) for ExxonMobil’s proposed Longtail development. The assessment, prepared by ExxonMobil consultant Acorn International, found...

Approximately 9,000 people are now employed in Guyana’s oil and gas sector, with roughly 70% of them being Guyanese, Alistair Routledge disclosed during a recent media session.  The 70% represents approximately 6,300 local workers, including around 300 who are relatively...

ExxonMobil Guyana Limited (EMGL) does not plan to seek a renewal of the Canje Block licence offshore the South American country, according to Alistair Routledge, the company's President. During a press conference on March 19 at Exxon’s office in Ogle,...

ExxonMobil Guyana said Thursday that it will submit a field development plan (FDP) for its proposed Longtail project to Guyana’s Ministry of Natural Resources by the end of this week.   President Alistair Routledge said during a press conference at the...

Guyana’s offshore oil production is driven by floating production, storage and offloading (FPSO) vessels, with four units currently operating: Liza Destiny, Liza Unity, Prosperity and ONE GUYANA. These vessels, built and operated by SBM Offshore for the ExxonMobil‑led consortium, are...

Petrobras has exercised its preemptive right to acquire a 50% stake in the Tartaruga Verde field and Module III of the Espadarte field in the Campos Basin offshore Brazil, the company said in a March 16 release. Petrobras continues to...

Halliburton and ExxonMobil Guyana Limited have completed the industry’s first fully automated closed-loop well placement offshore Guyana, the companies said in a March 16 release. The project was carried out with Sekal, Noble, and the Wells Alliance Guyana team. The...

Design specifications for the floating production vessel planned for ExxonMobil's proposed Longtail project in Guyana allow for higher production, according to the environmental impact assessment (EIA) report submitted by ExxonMobil. This could facilitate increased hydrocarbon production once initial levels...

Dear Editor,  Recently, while scrolling through social media, I came across many heartfelt acknowledgements celebrating women especially those working in Guyana’s oil and gas sector. As a young woman, hearing the stories was truly inspiring. For a long time, industries like...

Automation, digital technologies, and emissions reduction are expected to shape the next generation of floating production, storage and offloading (FPSO) vessels, according to discussions at the Deepwater Development Conference in Lisbon, Portugal.  The conference, hosted by World Oil and Gulf...