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TechnipFMC and DOF to host supplier forums in Guyana as subsea demand grows

Two of ExxonMobil’s key subsea contractors — TechnipFMC and DOF Subsea — are set to host Supplier Engagement Forums in November as Guyana’s offshore oil industry continues to expand. Both events will take place at the Centre for Local...

‘Discovery 6’ Supercomputer unlocks over US$1 billion in value from Guyana operations – ExxonMobil

ExxonMobil has commissioned one of the world’s most powerful supercomputers, Discovery 6, to boost efficiency and accelerate data analysis across its global portfolio, including its offshore operations in Guyana. Developed with Hewlett Packard Enterprise and Nvidia, the system ranks 17th...

Chevron earnings dip as Guyana operations strengthen portfolio

Chevron Corporation today reported earnings of US$3.5 billion (US$1.82 per diluted share) for the third quarter of 2025, down from US$4.5 billion (US$2.48 per share) in the same period last year.  The decline was driven mainly by lower crude prices...

ExxonMobil sets new Guyana record with over 700,000 barrels per day in Q3 2025

ExxonMobil Corporation today reported record-breaking production from Guyana in the third quarter of 2025, surpassing 700,000 barrels of oil per day and achieving the early start-up of the Yellowtail project, four months ahead of schedule and under budget. ExxonMobil holds...

Noble expands backlog to US$7 billion amid lower quarterly earnings

Noble Corporation reported a net loss of US$21 million for the third quarter of 2025, as rig utilization and revenue declined, but the company strengthened its backlog and maintained strong cash generation. This week, President and Chief Executive Officer Robert...

ExxonMobil invests 1.5 million training hours to build Guyana’s oil and gas workforce – Routledge 

Since 2022, ExxonMobil has invested 1.5 million hours of training to build the skills of Guyanese men and women working in the country’s oil and gas industry. President of ExxonMobil Guyana, Alistair Routledge, on a recent episode of Starting Point...

ExxonMobil says Guyana operations funded from equity, not U.S. taxpayers’ dollars

ExxonMobil Guyana says no American taxpayer money is financing its operations in the South American country. President, Alistair Routledge, said the company’s offshore work is entirely funded by its own cash reserves. “All of the financing of the business here...

ExxonMobil’s Longtail project to operate for 30 years, producing premium condensate and gas

ExxonMobil’s next proposed development offshore Guyana, the Longtail project, is being designed to operate for three decades, making it the company’s longest-running production venture in the Stabroek Block. During an interview with the Starting Point - The Oil and Gas...

ExxonMobil says LNG remains on the table as it weighs the best use of Guyana’s gas resources

ExxonMobil has reaffirmed that Liquefied Natural Gas (LNG) remains a viable option for developing Guyana’s gas resources, even as the company focuses on projects that deliver greater value to the country. Alistair Routledge, President of ExxonMobil Guyana, stated in a...

MODEC seeks fabrication services for upcoming FPSO projects in Guyana

MODEC Guyana Inc. has issued a Request for Information (RFI) seeking qualified suppliers to provide fabrication services for upcoming floating production, storage and offloading (FPSO) projects offshore Guyana. The company is requesting services to supply and fabricate handrails, monorails, and...

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Return of Venezuelan crude could support Trinidad refinery revival – Energy Chamber 

The return of Venezuelan crude to international markets could support efforts to restart refinery operations in Trinidad and Tobago,...