ExxonMobil and its Stabroek Block partners, Hess and CNOOC, closed 2022 with a record-breaking series of oil finds. It was described as “the best exploration year in Guyana so far,” with nine discoveries in Stabroek.
The year opened in January...
A very large crude carrier (VLCC) is delivering China’s first cargo of Guyana’s new Golden Arrowhead crude grade, marking a rare long-haul shipment from Guyana as output from the ExxonMobil-led Stabroek Block continues to rise.
According to oil analytics firm...
ExxonMobil Guyana is considering buying the ONE GUYANA floating production, storage and offloading vessel in early 2026, ahead of the unit’s maximum lease end in August 2027.
SBM Offshore disclosed the update in its recently released third-quarter trading report, which...
Japan-based floating production specialist MODEC Inc. has reported strong results for the first nine months of 2025, driven by a new contract with ExxonMobil Guyana Limited for the Hammerhead development in the Stabroek Block.
The company said orders received totaled...
ExxonMobil’s Payara project continues to hold the record for the fastest production ramp-up among all oil developments in Guyana’s offshore Stabroek Block.
Production from the Prosperity floating production, storage and offloading (FPSO) vessel began in November 2022 and hit 220,000...
ExxonMobil Guyana Limited (EMGL) has expanded its offshore data acquisition work, with new geotechnical, underwater, and seismic surveys underway across the Stabroek Block.
According to a notice from the Maritime Administration Department, geotechnical surveying operations commenced on November 15 and...
Guyana exported a record 28 crude oil cargoes in October, its highest monthly total to date, as offshore production continued to climb with ExxonMobil’s new Yellowtail project. Data compiled from the Maritime Administration Department (MARAD) and ship-tracking platforms MarineTraffic,...
ExxonMobil Guyana President Alistair Routledge says the upcoming Longtail development will open a new chapter in Guyana’s energy journey, marking the country’s entry into large-scale gas development. He was speaking at the Berbice Development Summit, where he outlined how...
Executives from China National Offshore Oil Corporation (CNOOC) this week met with Trinidad and Tobago’s Ministry of Energy and Energy Industries to discuss expanding the company’s presence in the country’s energy sector.
The meeting, held on Wednesday (November 13) at...
ExxonMobil Guyana Commercial Manager Paul Foster on Tuesday said that there are unique advantages to investing in Guyana, as he urged potential investors to plan and align strategies on natural gas-fed projects to be located at an upcoming industrial...
