ExxonMobil Guyana said on Friday that a technical team has safely removed the 3rd stage compressor from the package enclosure on the Liza Destiny FPSO and is preparing it for transport onshore. An initial examination determined that the unit has...
Cognizant of the fact that the effects of climate change are becoming more severe year after year, world leaders have heightened steps to reduce carbon emissions. In fact, some countries have already begun introducing a carbon tax, the rationale...
Although faced with its most challenging year to date due to the impact of the coronavirus pandemic, U.S. oil major ExxonMobil made significant strides in South America last year, extending its position across multiple basins off the continent's northeastern...
US marine transportation service provider, Edison Chouest Offshore, through its local affiliate G-Boats (Guyana) Inc, has set ambitious targets for the employment of Guyanese to staff their in-country operations, with plans of moving their workforce from 73 percent local,...
ExxonMobil, operator of three deepwater blocks offshore Guyana, has announced the creation of a new business – ExxonMobil Low Carbon Solutions (ELCS) – which will be used to commercialize its extensive low-carbon technology portfolio. According to the oil major,...
U.S. oil major, ExxonMobil on Tuesday reported an estimated fourth quarter (Q4) 2020 loss of $20.1 billion, or $4.70 per share assuming dilution. The company said Q4 capital and exploration expenditures were $4.8 billion, bringing full-year spending to $21.4...
Within less than five years of joining the ranks of service providers for ExxonMobil which is leading development and exploration operations in the Stabroek Block offshore Guyana, Gaico Construction Inc. has matured into one of the company’s key Guyanese...
Brazil is facing intense competition for oil investments from countries around the globe, including neighbors Guyana, Suriname and Uruguay, and policy makers in Latin America’s biggest economy are now hammering out a new regulatory and production-sharing framework to make...
The hull for the giant Prosperity FPSO targeting ExxonMobil’s third development offshore Guyana is complete and the vessel is now moving to the next stage of construction in Singapore.
Greg Hill, Chief Operating Officer at Hess Corporation, a 30% stakeholder...
More than 2700 Guyanese companies have been invited to learn more about key contracts and upcoming tenders in oil and gas, as ExxonMobil Guyana and co-venturers Hess and CNOOC get ready to stage the Guyana Supplier Forum 2021, hosted...