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G-Boats’ newest tugs were named by Guyanese students

Exxon is continuing to build support for its petroleum operations offshore Guyana, with the recent addition of two state-of-the-art tugs. These impressive vessels, named MV Kalina and A’Rinra, will play a crucial role in guiding oil tankers at the...

Guyanese-Italian JV wins contract to lay onshore aspect of Gas-to-Energy pipeline

The final major contract for the development of the Gas-to-Energy project has been awarded, for the onshore pipeline. A joint venture of the Guyanese company, GAICO Construction and General Services Inc., and the Italian company, SICIM, secured this work...

EPA issues enforcement notice to Exxon as court deliberates on stay of execution

Guyana’s Environmental Protection Agency (EPA) has served Stabroek Block operator, Esso Exploration and Production Guyana Limited (EEPGL) with a notice to provide an unlimited parent and/or affiliate company guarantee. This revelation was made on Wednesday by the EPA’s lawyer,...

Guyana gov’t asks to join appeal case to oppose order for ‘unlimited’ guarantee

Guyana’s Attorney General, Mohabir Anil Nandlall has applied to be a party to the court case concerning the provision of financial assurance for the ExxonMobil-operated Stabroek Block in the case of a spill. In this bid, Nandlall is warning...

Liza Phase Two production dips in second half of April

Production guidance from Hess Corporation for the Stabroek Block indicates a reduction in 2023 Q2 compared to the prior quarter, as Exxon moves to execute maintenance on the Liza Phase 2 project.  Net production for Hess, a 30% stakeholder in...

Update: Oil spill insurance appeal adjourned until Wednesday

A new date of Wednesday, May 31 has been set for the hearing of an appeal on a Supreme Court ruling concerning financial assurance for ExxonMobil’s Stabroek Block operations.  The case came up in the Appellate Court on Monday, May...

CNOOC, Tullow, SBM Offshore among 13 more with approved Local Content Plans

Guyana's Ministry of Natural Resources announced on May 29 the approval of thirteen additional Local Content Annual Plans for the reporting year 2023. Approved plans detail the utilisation of Guyanese goods and services for the year in question. Vickram Bharrat,...

US government is fully supportive of Gas-to-Energy project – Jagdeo 

The Gas-to-Energy project in Guyana is progressing. Alistair Routledge, President of ExxonMobil Guyana, and Dr. Bharrat Jagdeo, Guyana's Vice President, provided updates on the project during recent press engagements. On the government’s side, Mr. Jagdeo conveyed optimism about positive engagements...

SBM Offshore revolutionises asset performance with intelligent agents, data analytics

SBM Offshore, a global leader in offshore energy solutions, has unveiled its development of intelligent agents and data analytics to predict events and optimise asset performance. The company said its innovative solutions have continuously captured over 160 million time-series...

Exxon encouraged by prelim work on Guyana’s 5th FPSO as new builder enters market

ExxonMobil made a shift from SBM Offshore to Mitsui Ocean Development & Engineering Company Inc. (MODEC) for its fifth production vessel - Errea Wittu.  While construction is in its early stages, Exxon remains confident that MODEC can deliver and match...

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Yellowtail production could climb to 290,000 b/d pending government green light

ExxonMobil Guyana plans to boost production at its Yellowtail offshore oil project by roughly 10% as it conducts a...