Exploration drilling continues at ExxonMobil’s Haimara-3 well in Guyana’s Stabroek Block. The campaign is being undertaken by the Stena DrillMAX rig.  Guyana’s Maritime Administration Department (MARAD) said activities will conclude on November 1 at the site, situated approximately 123.3 nautical...

Over 50 people from TechnipFMC’s Brazil team completed the load out of six manifolds for ExxonMobil’s fourth Stabroek Block development - Yellowtail.  According to TechnipFMC, it was the team’s largest ever, resulting from “teamwork, collaboration, and safety.”  The Yellowtail Development includes...

TechnipFMC, a global leader in oil and gas technology, has issued an Expression of Interest (EOI) for the provision of small bore welding services in Guyana.  This step demonstrates the company's ongoing commitment to the region as it backs ExxonMobil's...

The Government of Guyana (GoG) has invited qualified firms to submit proposals for the design, financing, and operation of Phase II of the Gas-to-Energy (GTE) project. The project will be governed by a 20-to-25-year Power Purchase Agreement (PPA), according...

South America's newest oil producer, Guyana, continues to stand out as a highly competitive destination for deepwater projects around the world. U.S. oil major ExxonMobil is currently spending around 20% of its total exploration and production (E&P) investments in...

SBM Offshore announced today that the ONE GUYANA floating, production storage and offloading vessel has completed its final module lifts at the Seatrium yard in Singapore.  This vessel, destined for ExxonMobil’s Yellowtail field in the Stabroek Block offshore Guyana, is...

According to Guyana’s 2024 mid-year report, procurement spending in the oil and gas sector totaled US$314 million. The report highlights growth in engineering and machining services, accommodation, equipment rental, and catering. The hike is largely attributed to the increased activity...

Oil Spill Response Limited (OSRL) is ramping up efforts to enhance oil spill response capabilities in Guyana, with plans to broaden its in-country services to meet the growing demands of the region’s oil and gas industry. While the capping stack,...

ExxonMobil and its co-venturers, Hess and CNOOC, are set to add US$19 billion to their cost recovery bank, in addition to the approximately US$7 billion that remains to be recovered from existing investments in the prolific Stabroek Block offshore...

Former Norwegian Environment Minister Erik Solheim has condemned calls for Guyana to stop producing oil from persons in veteran oil producing countries. Solheim said that people from such nations, including the United States, should not dictate to Guyana or...