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Guyana among few countries in the world where investments in O&G exploration remain robust

While global oil and gas exploration has slowed dramatically over the past decade, Guyana stands as one of the few nations bucking the trend. According to Palzor Shenga, Vice President – Upstream Research at Rystad Energy, the South American...

ExxonMobil wins Upstream Operator of the Year for Guyana and Permian excellence

ExxonMobil has been named Upstream Operator of the Year at the Gulf Energy Information Excellence Awards, earning recognition for its performance in Guyana and the Permian Basin. ExxonMobil Upstream President, Dann Ammann, made the announcement on LinkedIn on October 17,...

High-tech seismic campaign offshore Guyana to wrap up in December

ExxonMobil Guyana will complete its latest seismic data acquisition campaign in December, marking the end of a months-long effort to improve how oil is produced and managed from the country’s offshore reservoirs. The company’s President, Alistair Routledge, said the work...

More appraisals for Exxon’s 2022 Barreleye discovery

The 2022 Bareleye discovery in Guyana’s prolific Stabroek Block is up for further appraisal, ExxonMobil Guyana’s President Alistair Routledge announced during a recent press conference at the company’s new Ogle campus.  Routledge disclosed that the company has already advanced its...

Guyana’s Uaru and Whiptail projects on track for 2026 to 2027 start-up – Routledge

Alistair Routledge,  President of ExxonMobil Guyana says the company’s fifth and sixth developments — Uaru and Whiptail — are advancing as planned, with both projects “on or close to their target schedules”. Speaking at a press briefing held on October...

ExxonMobil testing Ranger discovery’s production potential 

ExxonMobil is assessing whether its massive Ranger discovery offshore Guyana can be economically developed, President Alistair Routledge confirmed during a press briefing on October 13. “The Stena Carron rig is currently on that reservoir,” Routledge said. “This is actually one...

Fast Supply Vessels needed to support growing offshore operations in Guyana 

A Request for Information (RFI) has been issued by ExxonMobil Guyana Limited (EMGL) to identify suppliers capable of providing and operating Fast Supply Vessels (FSVs) to support its expanding offshore activities in the Stabroek Block. The company plans to establish...

Europe took all of Guyana’s Golden Arrowhead oil cargoes lifted in September

Europe received all four cargoes of Golden Arrowhead crude oil lifted from ExxonMobil’s Yellowtail project in September, according to vessel tracking data compiled by OilNOW. Spain and Italy each took one, while two went to the United Kingdom. The Yellowtail...

Hammerhead gas to flow through pipeline as soon as project starts

Gas from ExxonMobil’s newly sanctioned Hammerhead development will begin flowing immediately through Guyana’s Gas-to-Energy (GtE) pipeline once production starts in 2029, ExxonMobil Guyana President Alistair Routledge said on Monday. This is unlike the Longtail project where gas will be reinjected...

Jagdeo says LNG remains a priority as Guyana moves to monetize its gas resources

Guyana’s Vice President Bharrat Jagdeo has reaffirmed that liquefied natural gas (LNG) remains a key option in Guyana’s plan to monetize its gas resources, even as ExxonMobil focuses on bringing more gas onshore for domestic use. Jagdeo sought to clarify...

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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...