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Stena Carron continues Goatfish-1 drill campaign in Stabroek Block

The Stena Carron drill rig will continue exploration operations at ExxonMobil’s Goatfish-1 well in the Stabroek Block offshore Guyana. A notice from the Maritime Administration Department (MARAD) outlined that drilling activities are scheduled to conclude on May 31, 2026. The Goatfish-1...

Meet the contractors that develop Stabroek Block projects beneath the surface

When oil and gas flows from ExxonMobil Guyana’s Stabroek Block, it travels through systems built and installed by a small group of specialized contractors. These companies are the backbone of subsea operations. TechnipFMC is one of the leading players. It...

Explained: How oil resources become reserves in the Stabroek Block

Oil and gas discoveries at the ExxonMobil-operated Stabroek Block are estimated to hold approximately 11 billion barrels of oil-equivalent. The resource base has positioned the South American country among the world’s fastest-growing oil producers and continues to shape development...

A look at companies that power ExxonMobil’s Stabroek Block operations 

ExxonMobil’s offshore operations in Guyana’s Stabroek Block rely on a network of international oilfield service providers supporting production, drilling, subsea installation, and logistics. Production began in 2019 and has since expanded. Now, the block is producing 915,000 barrels per...

Digital tools being used to sharpen well placement, reduce costs in Stabroek Block

Digital technologies are improving drilling efficiency, safety, and reservoir management in offshore operations in the Stabroek Block, according to Alistair Routledge, President of ExxonMobil Guyana. Routledge addressed the role of digitization during a press conference on March 19 at the...

Kaieteur and Canje Blocks offer snapshot of offshore exploration beyond Stabroek Block 

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 advances Goatfish-1 drilling in Southeast portion of Stabroek Block

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...

The next wave of Stabroek Block projects offshore Guyana

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...

ExxonMobil to continue geophysical and seismic survey program in Stabroek Block in 2026

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 completes buyout of all Stabroek Block FPSOs with US$2.32B ONE GUYANA acquisition

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...

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US company locks in lease for $50M/yr LNG import terminal in Brazil

U.S.-based energy company New Fortress Energy has secured a long-term lease and capacity agreement for its Terminal de Gás...