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Exxon confirms Longtail could be 8th Stabroek Block development

Once its Hammerhead development is off the ground, ExxonMobil Guyana President Alistair Routledge said the company intends to target Longtail next. Routledge confirmed this on a recent Energy Perspectives podcast.  “Even earlier this week, I think the Minister of Natural Resources,...

Guyanese duo traveling to Singapore for return journey on ONE GUYANA FPSO

Two Guyanese, Nevon Arno and Bevon Craig, are preparing to travel to Singapore to ready Newrest Guyana’s team for its journey on the ONE GUYANA floating production, storage and offloading (FPSO) vessel to the Stabroek Block. Nevon Arno, a...

VESSEL REVIEW: A look at Guyana’s next FPSO – ONE GUYANA 

Come next year, Guyana’s Stabroek Block will have a total of four floating, production, storage and offloading vessels (FPSOs). The latest vessel is ONE GUYANA, slated for production operations at the Yellowtail field.  ONE GUYANA Facts:  Project Phase: The ONE GUYANA...

Merchant Marine forms alliance to boost Guyana’s energy and renewable sectors

Merchant Marine Guyana has signed a Memorandum of Understanding (MOU) with several international contracting companies to establish a comprehensive “one-stop shop” to support the development of Guyana’s oil, gas, and renewable energy sector. Merchant Marine, a Guyana-registered company, has achieved...

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...

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...

Guyana oil production averaged 608,000 b/d in first 10 months of 2024

Crude oil production at the ExxonMobil-operated Stabroek Block averaged 608,000 barrels per day (b/d) in the first 10 months of 2024. Combined output from the three projects—Liza 1, Liza 2 and Payara—have shown they can sustain 660,000 b/d. However,...

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...

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Noble reports US$743M revenue, higher earnings in Q1 2026 on improved rig utilization

Noble Corporation plc reported first-quarter 2026 results on April 26, with higher revenue and earnings driven by improved fleet...