With oil production in Guyana set to hit 600,000 barrels per day (bpd) next year and cross the one million bpd mark by 2027, monetizing the large volumes of associated gas discovered to date at the ExxonMobil-operated Stabroek Block...
Italy's leading engineering, drilling, and construction services provider, Saipem, has clinched two substantial offshore contracts valued at approximately US$1.9 billion. The agreements involve collaborations with ExxonMobil's subsidiary, ExxonMobil Guyana Limited, and Equinor, the Norwegian state-owned energy giant, spanning operations...
Guyana’s Head of State, Dr. Irfaan Ali will be leading a delegation to the 28th Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change. COP28 will be held from November 30 until December 12,...
Nestled on the northern tip of South America, the small nation of Guyana, now the fastest growing economy in the world, will become the continent’s second biggest oil producer by 2027. The massive success the country has seen in...
Within one year of receiving the first set of payments for its internationally validated forest carbon credits, the Guyana Government has set a new record of implementing 500 projects, all of which will lend to the sustainability of over...
Local vendors interested in joining Schlumberger Limited's (SLB) approved list will have an opportunity on December 6 when the company hosts its Open Supplier Forum at its Houston, East Bank Demerara location.
“Our preferred suppliers are those that collaborate with...
Analysts have said the significant sums Guyana is set to receive in oil revenue can make the country one of the richest in the world, per capita. The companies producing oil there are also set to receive massive returns...
ExxonMobil Guyana Limited (EMGL) has revealed plans to acquire telecom structured cabling system supply and installation services in Georgetown. The objective is to fortify its infrastructure in both existing and forthcoming facilities. EMGL has issued a Request for Information...
ExxonMobil has begun targeting the Basher-1 well in the Stabroek block, the company confirmed to OilNOW.
According to details provided by the Maritime Administration Department (MARAD), ExxonMobil has commenced drilling the Basher-1 well using the Stena DrillMax.
Basher-1 represents one of...
For the period January to September 2023, ExxonMobil produced over 102 million barrels of crude offshore Guyana. Two floating production, storage and offloading (FPSO) vessels operating in the Liza field hit the milestone together - Liza Destiny produced nearly...
