President of the Georgetown Chamber of Commerce and Industry (GCCI), Timothy Tucker, said in relation to the 2016 Stabroek Block Production Sharing Agreement (PSA), that the organisation's code of conduct requires adherence to contract sanctity. “There's no changing of that,”...

New wells drilled in South America in 2014 contributed to 8% of new wells globally in the offshore sector and 4% in the onshore. And according to Norway-based Rystad Energy, activity has been on a downward trend since then,...

Guyana has made it clear that it intends to stimulate growth with clean, cheap and reliable energy and it is already on that path. On Friday, the South American nation commissioned Lethem’s one-megawatt solar energy farm at a cost...

Dear Editor, In response to an unfortunate letter from former Executive Director of the Environmental Protection Agency (EPA), Dr. Vincent Adams, published this week in the local press, ExxonMobil Guyana provides this response to several inaccurate and misleading statements that...

Energy market research and intelligence firm, Westwood Global Energy, has named Guyana and Namibia among oil exploration and production jurisdictions where high impact exploration has proven successful. “38 high-impact exploration wells were drilled in the first half of 2022, similar...

With the world facing a confluence of economic pressures stemming from the war between Russia and Ukraine, Hess Corporation has assured that resulting inflation is being monitored carefully. During its Q2 earnings call on Wednesday, Chief Financial Officer (CFO)...

Hess Vice President for Guyana and Suriname, Timothy Chisholm, said the Gas-to-Energy project would not only power industry and economic growth in Guyana but would help provide a reliable and cleaner source of energy to help meet rapidly growing...

ExxonMobil expects to invest over US$20 billion annually to help meet the world’s growing energy needs through 2027. That's more than US$100 billion in the next five years. This will amount somewhere between US$21 billion and US$24 billion this...

TechnipFMC said Monday it was awarded a significant contract by ExxonMobil affiliate, Esso Exploration and Production Guyana Limited, for the Gas-to-Energy Project in Guyana. The company said ‘significant’ refers to agreements valued between US$75 million and US$200 million. The funds...

With ExxonMobil and partners fast-tracking exploration and development projects in Guyana, the country is set to rank in the top five-list of elite global producers by 2035. This is according to Rystad Energy, an independent energy research and business...