The floating production, storage and offloading (FPSO) vessel planned for ExxonMobil Guyana’s Longtail development is being designed with the highest gas handling capacity ever deployed on an FPSO.
This is according to SBM Offshore Chief Executive Officer Øivind Tangen, in...
Director of Vreed-en-Hoop Shorebase Inc. (VEHSI), Nicholas Deygoo-Boyer, says Guyana may need to revisit the feasibility of building an oil refinery or establishing a larger strategic reserve of refined products as the country’s oil sector expands.
He made the remarks...
ExxonMobil Guyana will begin public engagements on the Environmental Impact Assessment (EIA) for its proposed Longtail development on April 13, its President Alistair Routledge said.
Routledge discussed this phase of the review process for Exxon’s eighth Guyana development during a...
ExxonMobil Guyana plans to boost production at its Yellowtail offshore oil project by roughly 10% as it conducts a new optimization study, company President Alistair Routledge said on March 19.
Yellowtail, which started production in August 2025, reached its initial...
Guyana will remain a net carbon sink through 2030 even as it expands oil production with multiple offshore projects, according to an environmental impact assessment (EIA) for ExxonMobil’s proposed Longtail development.
The assessment, prepared by ExxonMobil consultant Acorn International, found...
The pipeline to support Guyana’s gas development in East Berbice-Corentyne (Region Six) could cost about US$2 billion or more. This is according to President of ExxonMobil Guyana Limited (EMGL), Alistair Routledge, speaking during a press conference on March 19.
The...
Guyana is set to receive a bigger share of revenue from oil production as higher prices accelerate the pace of cost recovery at the ExxonMobil-operated Stabroek Block.
The cost bank for the block is just over US$5 billion, Alistair Routledge,...
ExxonMobil Guyana said Thursday that it will submit a field development plan (FDP) for its proposed Longtail project to Guyana’s Ministry of Natural Resources by the end of this week.
President Alistair Routledge said during a press conference at the...
The Errea Wittu floating production, storage and offloading (FPSO) vessel for the Uaru project offshore Guyana is on track for completion and will set sail for Guyana later this year as scheduled, Alistair Routledge, ExxonMobil Guyana President, said today.
Errea...
Guyana’s offshore oil production is driven by floating production, storage and offloading (FPSO) vessels, with four units currently operating: Liza Destiny, Liza Unity, Prosperity and ONE GUYANA.
These vessels, built and operated by SBM Offshore for the ExxonMobil‑led consortium, are...
