The Kaieteur and Canje Blocks are among Guyana’s offshore assets outside the prolific Stabroek Block.
At the Kaieteur Block, ExxonMobil was the operator and holding 35% interest, with Ratio Petroleum Energy Limited 25%, Cataleya Energy Limited 20% and Hess Corporation...
ExxonMobil Guyana Limited on February 19, 2026 continued exploration drilling at the Goatfish-1 well site in the Stabroek Block, according to a notice issued by the Guyana Maritime Administration Department.
The well is being drilled by the MODU Noble Sam...
ExxonMobil is moving ahead with its next set of developments in the Stabroek Block offshore Guyana, with Uaru, Whiptail and Hammerhead approved and progressing toward startup between 2026 and 2029, while Longtail remains in the planning stage as the...
Geophysical and seismic surveying will continue for the remainder of 2026 in Guyana’s Stabroek Block, up until December 31.
According to a notice from the Maritime Administration Department (MARAD) on February 2, the operation will involve the SV Fugro Brasilis....
ExxonMobil Guyana Limited (EMGL) has completed the US$2.32 billion purchase of the ONE GUYANA floating production, storage and offloading (FPSO) vessel that has been pivotal in Guyana’s offshore oil production.
The acquisition allows ExxonMobil Guyana to assume full ownership of...
Exploration activity in Guyana’s Stabroek Block, particularly in areas closer to the maritime boundary with Venezuela, now faces a different geopolitical context following the removal of Venezuelan President Nicolás Maduro.
The shift comes against the backdrop of Guyana’s long-standing border...
What is the Stabroek Block Production Sharing Agreement?
The Stabroek Block Production Sharing Agreement (PSA) is the contract that governs all current offshore oil production in Guyana. It sets out the terms under which oil is explored, produced, and shared...
China National Offshore Oil Corporation (CNOOC) announced Wednesday that it has made a major oilfield discovery at the Qinhuangdao 29-6 asset in the shallow Neogene formations of the Bohai Sea.
This marks the seventh consecutive discovery of a hundred-million-tonne-class oilfield...
Guyana’s Environmental Protection Agency (EPA) is preparing to introduce live surveillance of offshore drilling, a step the agency believes will transform how it monitors high-risk petroleum activities.
The update came during the latest edition of Starting Point, The Oil and...
Guyana’s Stabroek Block now has 51 discoveries filed with the Ministry of Natural Resources. ExxonMobil confirmed the figure in a release on Sunday, stating, “We have announced more than 30 significant discoveries in the Stabroek Block, while filing 51...
