In January, three projects at the ExxonMobil-operated Stabroek Block offshore Guyana produced 18.7 million barrels of oil.
The projects collectively averaged 602,000 barrels per day (b/d). However, based on their individual peaks, the projects demonstrate the ability to produce collectively...
The Noble Sam Croft vessel is currently undertaking drilling operations at the Hatchetfish-1 well in Guyana’s Stabroek Block, operated by ExxonMobil.
According to the Maritime Administration Department (MARAD) the drillship is being assisted by 23 vessels. Those include Deep Ocean’s...
A dispute over Hess Corporation's stake in the Stabroek block off the coast of Guyana threatens to sideline Chevron Corporation from its planned acquisition of Hess, potentially locking it out of Guyana. Chevron announced the agreement with Hess Corporation...
Could Guyana’s seventh Stabroek Block development be based on another oil discovery, or perhaps, the first offshore gas project? Operator ExxonMobil has not decided. Why? According to its President, Alistair Routledge, “We have more than one horse in the...
Mid-2024, the Guyana government plans to contract an auditor to verify expenses claimed by the Stabroek block consortium for the period 2021-2023.
This will add to two ongoing audit processes for expenses for the periods 1999-2017 and 2018-2020.
Vice President Bharrat...
ExxonMobil, Hess, and CNOOC will publish financial reports of the 2023 earnings of their Guyana affiliates in the second quarter of 2024, said ExxonMobil Guyana President Alistair Routledge during a Feb. 7 press conference.
He was asked to provide a...
ExxonMobil Guyana President Alistair Routledge said the company has identified two drilling targets west of the Liza and Payara discoveries.
“We plan to drill two exploration wells west of Liza and Payara. The Trumpetfish and Redmouth exploration wells are planned...
The optimization of production at the ExxonMobil-operated Stabroek Block offshore Guyana has been unprecedented and this can be increased even further.
ExxonMobil's Chief Executive Officer (CEO), Darren Woods says the company’s “design one, build many” concept is a huge factor...
Since its first flight on Jan. 1, 2023 - six weeks ahead of schedule, OMNI Helicopters Guyana Incorporated (OHGI) has built a resilient team with 60 Guyanese in its employ.
Hitting the one-year existence mark, OHGI boasted of conducting 2,300...
Consultancy Group Wood Mackenzie said that the exploration landscape in Guyana’s Stabroek block is poised for unexpected and positive results, following Chevron’s acquisition of Hess.
“After Chevron´s strategic move in Guyana, exploration in Stabroek block can still surprise with good...