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Guyana drilling surges as ExxonMobil and Halliburton deliver first fully automated closed-loop well placement

Halliburton and ExxonMobil Guyana Limited have completed the industry’s first fully automated closed-loop well placement offshore Guyana, the companies said in a March 16 release. The project was carried out with Sekal, Noble, and the Wells Alliance Guyana team. The...

ExxonMobil presses ahead with development drilling at Uaru

ExxonMobil Guyana Limited (EMGL) will continue development drilling at the Uaru Project’s UA_4P04 drill center in the Stabroek Block offshore Guyana, according to a notice from the Maritime Administration Department (MARAD). Operations began on March 12, 2026, within Guyana’s Exclusive...

ExxonMobil’s Longtail FPSO specs cater for higher production

Design specifications for the floating production vessel planned for ExxonMobil's proposed Longtail project in Guyana allow for higher production, according to the environmental impact assessment (EIA) report submitted by ExxonMobil. This could facilitate increased hydrocarbon production once initial levels...

Exxon completes environmental study for Guyana’s first non-associated gas project

ExxonMobil has submitted the environmental impact assessment and environmental impact statement for the proposed Longtail development offshore Guyana, a key step toward the country’s first non-associated gas project. The documents were filed with the Environmental Protection Agency, according to a...

Automation, emissions reduction to define next generation of FPSOs — MODEC

Automation, digital technologies, and emissions reduction are expected to shape the next generation of floating production, storage and offloading (FPSO) vessels, according to discussions at the Deepwater Development Conference in Lisbon, Portugal.  The conference, hosted by World Oil and Gulf...

Guyana oil fund got US$253 million in February

Guyana’s Natural Resource Fund (NRF) received US$253 million (GY$53 billion) in February from the sale of the country’s share of crude produced offshore, adding to the steady flow of oil revenues that continue to build the country’s sovereign wealth...

Guyana’s Technical Training College Inc. explained 

Guyana established the Guyana Technical Training College Inc. (GTTCI) to prepare Guyanese technicians for jobs in the country’s growing oil and gas industry. The training institution delivers specialized technical education aligned with offshore petroleum operations and supports the country’s...

Deepwater to remain a core growth engine as Brazil and Guyana underpin production growth 

Deepwater oil and gas development will remain a major driver of global supply, with Brazil and Guyana expected to underpin production growth, according to discussions at a recent Deepwater Development Conference in Lisbon, Portugal.  The conference, organized by World Oil...

CNOOC-backed China scholarship now includes Energy Economics for 2026 

The Ministry of Natural Resources and CNOOC Petroleum Guyana Limited have opened applications for fully funded scholarships in China for 2026, adding Energy Economics to the list of programs available to Guyanese students. The scholarship opportunity, according to a public...

Seismic surveys underway in Guyana’s EEZ

Several seismic surveys are underway or planned offshore Guyana, as companies and the government gather new subsurface data to guide exploration in the country’s Exclusive Economic Zone (EEZ).  These programs target both shallow-water and ultra-deepwater acreage and are designed to...

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Iran threatens to close just-reopened Strait of Hormuz if U.S. blockade continues

Iran is now warning it will shut the Strait of Hormuz to commercial shipping again if the United States...