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Uaru output projected to reach 215,000 b/d by 2027 – S&P Global 

Oil production from Guyana’s Uaru field is expected to rise steadily after start-up, strengthening offshore supply over the medium term, according to S&P Global Energy CERA.  “…production at the ultra-deepwater Uaru field is estimated to begin in July at nearly...

ExxonMobil flags commodity price pressure, impairments in Q4 2025 outlook

ExxonMobil said market conditions and planned activities are expected to materially affect its fourth quarter 2025 results compared with the third quarter. This is according to a Form 8-K filing with the U.S. Securities and Exchange Commission on January...

Axess Group secures asset integrity contract with Noble for Guyana drillships

Axess Group has secured a long-term Asset Integrity Management contract with Noble Corporation for operations offshore Guyana. The agreement covers inspection and certification services for four Noble drillships operating in Guyana’s offshore basin. The work is aimed at supporting safety,...

With Maduro’s capture, Venezuela’s aggression towards Guyana likely to be ‘put on hold’ – Greenidge 

The recent capture of Venezuelan President Nicolás Maduro and his wife by U.S. forces may reduce sustained pressure on Guyana, according to Guyana’s Agent in the World Court case with Venezuela, Carl Greenidge. He commented in an exclusive interview...

U.S. crude imports from Guyana rose to record levels in 2025

U.S. net imports of crude oil from Guyana rose to record levels in 2025, supported by rising offshore production and growing demand from U.S. refiners, according to data from the U.S. Energy Information Administration (EIA). Based on EIA data for...

Uaru positions Guyana as runner-up in biggest new field race – S&P

Guyana is set to rank second among the world’s largest new oil field start-ups in 2026, with first production from the Uaru field expected to begin this year. According to S&P Global Energy CERA on January 5, eight of...

‘No disruption’ to Guyana’s offshore operations amid Venezuela tension

Guyana’s Minister of Natural Resources, Vickram Bharrat, has assured that offshore oil and gas exploration activities continue without a hitch. The assurance comes amid heightened geopolitical tensions in the region following the capture of Venezuelan President Nicolás Maduro by...

EMGL seeks suppliers for tubular and accessories rental services in Georgetown

ExxonMobil Guyana Limited (EMGL) has issued a public Request for Information (RFI) as it plans to put in place a services agreement for tubular and accessories rental services to support its drilling campaign in Guyana. The RFI aims to identify...

ExxonMobil continuing drilling at Barreleye-3 well

ExxonMobil Guyana is continuing exploration drilling at the Barreleye-3 well in the Stabroek Block, a notice from Guyana’s Maritime Administration Department said. According to the notice, drilling, carried out by the drillship Stena Carron, was scheduled to begin on December...

Guyana Oil & Gas: What to look forward to in 2026

A series of major developments is expected to shape Guyana’s oil and gas sector in 2026, as production rises and long-planned projects and decisions come due. Potential ICJ ruling on the Guyana/Venezuela border case Guyana could receive a long-awaited ruling from...

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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...