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Exxon working to more than triple Guyana oil production by 2027

By 2027, Guyana oil production is expected to hit 1.2 million barrels per day (bpd), making it the second largest producer in South America, after Brazil, based on current output across the region. Liam Mallon, ExxonMobil’s Upstream President confirmed the...

Brazil, Kuwait, Qatar eyeing partnership with Guyana – VP

Guyana’s consideration to possibly establish a national oil company has been shelved, Vice President Dr. Bharrat Jagdeo said at the International Energy Conference. Instead, South America’s rising oil star will be focusing efforts on more direct government-to-government engagements for oil...

Guyana is superb example of what an aligned partnership can do – Exxon Upstream President 

ExxonMobil’s Upstream President, Liam Mallon, says in almost every scenario moving forward, when it comes to meeting the world’s energy needs, oil and gas remain vital. This will be a key part of his message at the International Energy Conference...

Texan fluid solutions provider launches tech in Guyana offshore market

Impact Fluid Solutions, a provider of advanced oilfield additives designed to tackle complex wellbore issues, said it is availing its products to operators in Guyana.  Impact’s offerings include its FLC® drilling fluid additives and SHIELD BOND® cement spacer system, built...

Exxon looking for tiebacks to support potential Ranger development offshore Guyana

ExxonMobil has plans to test its Ranger discovery in the Stabroek Block, President of the Guyana operations, Alistair Routledge, confirmed on Feb. 9. Made in 2018, it was Exxon’s sixth discovery and was its deepest in that year, some 60...

Exxon ‘looking very closely at potential for gas development’ offshore Guyana – Routledge

ExxonMobil Guyana President, Alistair Routledge said ExxonMobil is “looking very closely at the potential for gas development” offshore Guyana. He noted during a media conference in Georgetown on Thursday, that such development(s) would be somewhat unique given the presence of...

Qualco partners with three Guyanese companies to offer expanded oil and gas services

Quality Companies LLC, with its local affiliate Qualco Guyana, has joined forces with three Guyanese companies – HHSL Safety Systems Guyana Inc., Nexus Machining & Fabrication and Latitude Geospatial – to increase its service offers to Guyana’s nascent oil...

Jagdeo defends Exxon recovering cost of Ogle facility

Vice President Dr. Bharrat Jagdeo last Friday defended the government’s position to support ExxonMobil recovering the US$160 million cost of its Guyana onshore facility, through the cost oil mechanism in the Stabroek Block Production Sharing Agreement (PSA). ExxonMobil Guyana President,...

Exxon’s new US$160M Guyana base to feature state-of-the-art offshore command centre

An offshore command centre is being built within ExxonMobil Guyana’s new operating base, currently under construction at Ogle, East Coast Demerara. Its President, Alistair Routledge told a news conference on Feb. 9 that the building – which recently gained the...

Transocean to buy stake in deep sea mineral explorer, in support of energy transition

Transocean said that one of its wholly owned subsidiaries has agreed to invest in Global Sea Mineral Resources NV (“GSR”) in exchange for a non-controlling interest in the company. GSR is the deep-sea mineral exploratory division of DEME Group NV...

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SBM Offshore gets front-end engineering contract for ExxonMobil’s Longtail FPSO

ExxonMobil Guyana awarded contracts to SBM Offshore to perform front end engineering and design (FEED) studies for the Longtail...