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Incredibly disappointing that former EPA head is sharing blatant mistruths

Dear Editor, In response to an unfortunate letter from former Executive Director of the Environmental Protection Agency (EPA), Dr. Vincent Adams, published this week in the local press, ExxonMobil Guyana provides this response to several inaccurate and misleading statements that...

MODEC announces JV to compete for “challenging largescale FPSO projects”

President and Chief Executive Officer of Modec, Takeshi Kanamori said Friday the company came to an agreement with Toyo Engineering Corporation to establish a joint venture firm for the engineering, procurement and construction and installation (EPC) business of floating...

Stabroek Block one of the most unprecedented exploration blocks of all time – Rystad official

Guyana’s exploration successes have been so frequent that the Stabroek Block is being hailed as one of the most unprecedented exploration blocks of all time. Making this comment most recently was Senior Vice President and Head of Latin America and...

Between reliable energy and reduced emissions, Exxon working to deliver best of both worlds

Given its well-advantaged assets in Guyana and the United States along with its work in Carbon Capture and Storage (CCS), ExxonMobil Corporation believes society should not have to choose between reliable, affordable energy and reduced greenhouse gas emissions. According to...

Eco says Canje Block remains “highly prospective” ahead of 12-well campaign

Eco-Atlantic has set its sights on raking in big wins from Guyana’s offshore Canje Block, as the operator ExxonMobil gears up for a 12-well exploration campaign. The company has no direct stake in the Canje Block but holds 7.3% of...

Exxon to spend more than US$100 billion through 2027 to meet world’s energy needs

ExxonMobil expects to invest over US$20 billion annually to help meet the world’s growing energy needs through 2027. That's more than US$100 billion in the next five years. This will amount somewhere between US$21 billion and US$24 billion this...

Eni, bp form new Angola-focused JV company, Azule Energy

An equally split deal between bp and Eni has led to the creation of Azule Energy – now coined the largest independent equity producer of oil and gas in Angola. Azule Energy has been in the pipeline for months; bp...

100M-barrel Jethro well could be Guyana’s first oil production project outside Stabroek Block

The fallout from Russia's invasion of Ukraine has resulted in a spike in oil prices. Now, the Orinduik Block partners - Eco Atlantic, Tullow Oil, TotalEnergies and Qatar Energy - plan to revisit the commercialisation potential of the Jethro...

With competition rising, oil nations sweetening the pot to attract investors

In South America and the wider Caribbean region, Guyana is dominating the oil and gas market since emerging in 2015. And now, faced with heavy competition to pull major investors, other oil-producing nations are introducing new regulatory frameworks to...

At US$1.5 billion a piece, Exxon says 10 FPSOs by 2030 remain in play for Guyana

By the end of this decade, ExxonMobil envisions up to ten floating production storage and offloading vessels (FPSO) operating offshore Guyana. This is according to the ExxonMobil Guyana President, Alistair Routledge in an article published by Senior Contributor to...

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Region Three’s gas development could guide future projects elsewhere – Routledge

Region Three’s success in using natural gas to support industrial development could influence similar investments elsewhere in Guyana, ExxonMobil...