ExxonMobil continues drilling at the Haimara-3 well, appraising its Haimara-1 gas discovery of 2019.
Guyana’s Maritime Administration Department (MARAD) said the Stena Carron rig will be engaged in drilling at the Stabroek Block, with the operation set to conclude by...
Guyana’s marketers secured deals totaling US$1.929 billion in revenue for the sale of approximately 24 million barrels of crude in the first 11 months of 2024.
The crude—taken from Liza 1, Liza 2 and Payara—sold at an average of US$80...
SBM Offshore said the multi-purpose floater (MPF) 5 has arrived at the Seatrium yard in Singapore. The hull is the base vessel for the Jaguar floating production, storage and offloading (FPSO) vessel bound for Guyana.
With the hull’s safe arrival...
ExxonMobil Guyana has purchased the Liza Destiny floating production, storage and offloading (FPSO) vessel, SBM Offshore said in a December 19 release.
The transaction comprised a total cash consideration of c. US$535 million. The net cash proceeds will primarily be...
With December 19, 2024, marking five years of oil production in Guyana, ExxonMobil said its deepwater projects are the “most successful” in the world. The company is hailing its first five years as a significant achievement underscoring the potential...
The US$300 million Vreed-en-Hoop Shorebase Inc. (VEHSI) project was completed in December. Guyana's President, Irfaan Ali, visited the facility on Wednesday afternoon, where he was informed about the project's development.
Phases one, two and three, which currently occupy 44...
The Guyana Police Force (GPF) is set to launch a specialized Oil and Gas Unit in 2025, enhancing its capacity to manage security in the country’s rapidly expanding petroleum sector.
Acting Commissioner of Police Clifton Hicken announced the initiative during...
A U.S. loan backing the Gas-to-Energy project represents the “largest foreign investment in Guyana’s history,” according to U.S. Assistant Secretary of State for Western Hemisphere Affairs, Brian A. Nichols.
During a December 17 foreign press briefing on U.S. priorities in...
ExxonMobil has awarded Tenaris its 2024 Supplier of the Year title, recognizing the company’s global performance and alignment with ExxonMobil’s values. The announcement was made on December 16, 2024.
“Over the past year, Tenaris has consistently demonstrated superior performance globally...
The Greater Guyana Initiative (GGI), a US$100 million commitment by ExxonMobil Guyana, Hess, and CNOOC, continues to play a vital role in Guyana’s socio-economic transformation. Outgoing ExxonMobil Guyana Socioeconomic Manager, Susan Scott, reflected on the initiative’s accomplishments and future...
