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Gas development is now a priority for Exxon – Guyana Vice President 

Guyana's Vice President Bharrat Jagdeo said ExxonMobil has communicated to the government its prioritization of gas development. “Exxon has said, ‘we have moved this up to a priority now.’ We now have a company that is interested in moving it...

ExxonMobil Guyana buys vessel monitoring and alert system from Parisian group

Viridien, formerly CGG, said its Sensing & Monitoring business line, marketed under the Sercel brand, has made a sale of its Marlin™ vessel monitoring and alert system to ExxonMobil Guyana to support its offshore operations in Guyana. The sophisticated system...

Distilling Guyana’s Oil and Gas Regulatory Framework: The Introduction

By Chevy Devonish ExxonMobil Guyana Limited (ExxonMobil), and its partners Hess and CNOOC started oil and gas exploration in Guyana in 2008, and the first significant discovery, Liza-1, was made in 2015. In his 2024 budget speech, Dr. Ashni Singh, Senior...

Exxon data reveals 80% average annual growth in spend on Guyanese suppliers for 2017-2023

ExxonMobil and its contractors grew their spend on Guyanese suppliers by an average of 80% annually, its 2023 Annual Report revealed. Spend grew from US$23 million in 2017 to US$641 million in 2023. Recent growth in spend picked up, particularly...

Omni is first company in Guyana to receive ‘Great Place To Work®’ certification

Omni Helicopters International said its operations in Guyana, through Omni Helicopters Guyana Inc (OHGI), have been Certified™ by San Francisco firm Great Place To Work®.  Great Place to Work Certification is a benchmark for recognizing outstanding employee experience. Every year,...

ExxonMobil Guyana to enhance logistics with new freight forwarding agreement

ExxonMobil Guyana Limited (EMGL) is gearing up to finalize an agreement for freight forwarding services to seamlessly move company materials, equipment, and supplies to and from designated origins and destinations.  According to a public request for information (RFI), under the...

‘The devil is in the details’ – petroleum geologist says of CGX’s Guyana discovery

Editor-in-Chief at GEO ExPro, Henk Kombrink, questioned why companies would announce a discovery when the actual proof is not there, following a March 18 release from Vancouver-based explorer MCF Energy that announced a “significant gas discovery” at its Welchau-1...

ExxonMobil Guyana seeks providers for platform and fast supply vessels

ExxonMobil Guyana announced plans to establish enabling agreements for the provision and operation of platform supply vessels (PSV) and fast supply vessels (FSV) in Guyana waters. The company’s Request for Information (RFI) indicates the vessels need to be delivered by...

Analyst sees new Canadian pipeline stirring up competition with Guyana barrels on U.S. West Coast

As the Canadian Trans Mountain pipeline expansion project nears completion, likely in Q2 2024, an analyst from S&P Global Commodity Insights forecasts a shift in the dynamics of crude oil imports into the U.S. West Coast. This suggests a...

Guyana is in Exxon’s top three deepwater developments around the world – Upstream President 

ExxonMobil has placed Guyana in the ranks of its top three deepwater developments around the world, according to the President of its Upstream Company, Liam Mallon.  But in a few years, with the way producing is heading, its rank can...

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Chinese companies among 10 groups vying to build fertilizer plant in Guyana 

Ten groups, including several Chinese companies, have submitted proposals to build Guyana’s planned ammonia and urea fertilizer plant at...