Guyana’s high-quality crude is helping sustain ongoing talks for a US$300 million refinery project, even as negotiations continue without a final agreement.
Speaking during a March 29 interview on the Sources program, Nicole Theriot, United States Ambassador to Guyana, said...
Stena Carron Drilling Limited (Guyana Branch) has issued an Expression of Interest (EOI) for the supply of lifting equipment to support the ship’s operations offshore Guyana.
The notice, issued on March 31, 2026, invites qualified contractors and suppliers to submit...
Tanager-1, drilled offshore Guyana on the Kaieteur Block, remains one of the deepest wells executed in the country’s waters, reaching a total depth of 7,633 metres. The well was completed as ExxonMobil’s first exploration attempt at the block.
The well...
ExxonMobil Guyana is advancing plans for its next development offshore Guyana, with the Haimara discovery expected to serve as the anchor for the project in the southeast section of the Stabroek Block.
Company President Alistair Routledge said at a recent...
Guyana’s offshore oil isn’t just abundant; it also carries chemical traits that make it desirable to refiners around the world. From its early discoveries in 2019 to today’s steadily rising exports, the quality of Guyana’s crude has helped the...
China’s offshore oil major CNOOC is targeting higher reserves and production in 2026, with Guyana expected to support that expansion as the company continues investing across its global upstream portfolio.
The company said it aims to produce “780 million to...
CNOOC said the Lukanani and Ranger oil fields offshore Guyana have been successfully appraised, according to its 2025 annual report. CNOOC has a stake in the ExxonMobil-operated Stabroek Block, where those fields are located.
Ranger was first discovered in 2018,...
Chevron Corporation is seeking clearer and more competitive fiscal terms in Venezuela as it looks to expand oil production. This push comes as Guyana, its eastern neighbor, continues to see rapid offshore development at the Stabroek Block under stable...
The floating production, storage and offloading (FPSO) vessel for ExxonMobil Guyana’s Hammerhead development has been named Essequibo 1899, anchoring one of the country’s newest offshore projects to a pivotal moment in its history.
The name, selected by President Irfaan Ali,...
Guyana’s Liza crude is set to be included in the Platts European Sour Crude Index (ESCI) on a delivered Europe basis, a move that could boost the country’s price transparency and market visibility in one of its key export...
