Dear Editor,
As a public analyst, I have been closely monitoring the performance of the global oil industry in recent years. Notably, ExxonMobil’s progress in Guyana stands out, and 2025 has already marked another phase of significant development that contributes...
SBM Offshore Guyana and MODEC Guyana were recognized for their contributions to national development and workforce expansion at the Guyana Oil and Gas Energy Chamber’s (GOGEC) 2025 Annual Awards and Induction Dinner on November 28.
SBM Offshore Guyana received the...
MODEC Guyana is inviting qualified subcontractors to provide start-up, maintenance and optimization services for its seawater treatment systems.
The company is seeking skilled manpower, tools and resources to perform commissioning and start-up, planned and corrective maintenance, remote monitoring and technical...
Guyana’s deepwater volumes remain central to the pool of “advantaged barrels” that analysts say can withstand prolonged low-price environments. This is according to Norway-based research and energy intelligence company, Rystad Energy.
During a recent episode of the firm’s Let’s Talk Energy...
ExxonMobil Guyana’s offshore oil production averaged 841,000 barrels per day (b/d) in October across the four producing Stabroek Block developments, according to newly released government data.
The month was defined by continued stability at the mature projects and a sharp...
Brent crude is the leading global benchmark for oil prices. It refers to a classification of water-borne crude originally from the North Sea, now a blend from several North Sea fields, that is light (low density) and sweet (low...
In just under six years, Guyana has transitioned from being a first-time oil producer to one that now produces 900,000 barrels of crude per day, driven by seven sanctioned offshore projects in the Stabroek Block and a flagship gas-to-energy...
Global price-reporting agency Platts, part of S&P Global Commodity Insights, will introduce two new freight assessments on December 1 that specifically track the cost of shipping Guyana’s crude to Europe.
The move comes as Guyana cements its place as a...
ExxonMobil Guyana Limited has intensified activity at the Uaru development as its Yellowtail project enters full production. On November 17, 2025, the company began developmental drilling at the Uaru Project’s UA_3i02 Drill Center within the Stabroek Block of Guyana’s...
Countries with some of the world’s most mature petroleum industries now rank behind Guyana in per capita oil production, according to figures from scientific publication Our World in Data (OWID).
Guyana secured the top position in November 2025, and the...
