Having a floating production storage and offloading vessel (FPSO) facilities simulator in the country is a massive achievement for Guyana. So says the country's President, Dr. Irfaan Ali, who believes it unlocks a whole world of new opportunities for...
In a world fraught with geopolitical unrest and economic uncertainties, the role of stable energy supplies cannot be overstated. Liam Mallon, President of ExxonMobil Upstream Company, recently highlighted the remarkable contribution of Guyana to global energy markets amidst these...
Guyana’s Gas-to-Energy project has generally been marketed as a huge benefit for the domestic economy. However, the government is rolling out plans for the natural gas liquids (NGL) from the project to capture the markets of the entire Caribbean...
The International Energy Agency (IEA) anticipates that global oil markets will remain "comfortable" throughout 2024, buoyed by burgeoning production from key regions including the Americas, notably Guyana, which is expected to contribute significantly to meeting global oil demand.
The South...
As TotalEnergies plans its first offshore development in Suriname’s Block 58, it is taking a page out of ExxonMobil’s book with its cost-saving operations in the prolific Stabroek Block offshore Guyana.
“With Suriname, we are trying to work on an...
Ocean services provider DeepOcean has clinched a contract from ExxonMobil Guyana, marking its foray into the South American country's market and its first major collaboration with Exxon in the Americas. The contract entails the provision of subsea construction and...
As Guyana builds out its gas industry, President Irfaan Ali sees the Berbice region playing an integral role in its development.
According to the President, Berbice is set to become a hub for “gas-supporting infrastructure.”
“A mall, hospital, industries and, of...
ExxonMobil's Liza projects have been honored with the International Petroleum Technology Conference (IPTC) Excellence in Project Integration Award, recognizing outstanding achievements in executing oil and gas projects.
The award, presented during the 2024 IPTC in Dhahran, Nepal, highlighted the company's...
White House National Security Communications Advisor, John Kirby, said the United States (U.S.) is closely monitoring Venezuela’s build-up of military forces near the border with Guyana and described the gathering(s) as small in scale.
“Our assessment is that whatever military...
Although ExxonMobil has said it is targeting 1.2 million barrels of oil per day (bpd) by 2027 at the Stabroek Block offshore Guyana, this output could actually edge closer to 1.5 million bpd based on current trends, and projections...
