Hunting Subsea Technologies has successfully delivered eight titanium stress joints for ExxonMobil’s massive Uaru oil development offshore Guyana, the company said in a recent statement.
The components will be integrated into the Errea Wittu floating production, storage and offloading (FPSO)...
Georgetown, Guyana – Energy Guyana has released a landmark special edition publication titled "Energy Nation: 10 Years of Oil in Guyana", marking a decade since the transformative discovery of oil in the Stabroek Block (Click here to view).
The...
Guyana attracted US$2.1308 billion in foreign direct investment (FDI) during the first quarter of 2025, almost entirely in its oil and gas sector, according to new data from the Bank of Guyana.
The report shows that oil and gas continues...
ExxonMobil Corporation reported second-quarter 2025 earnings of US$7.1 billion, or US$1.64 per diluted share. According to its financial report released this morning, cash flow from operating activities totaled US$11.5 billion, while free cash flow stood at US$5.4 billion.
Shareholder distributions...
Suriname is set to surpass Guyana in exploration and appraisal drilling activity in 2025, according to Wood Mackenzie in the latest World Oil Regional Report on Guyana and Suriname.
“In 2025, for the first time since the Liza discovery, WoodMac...
Strohm has completed fabrication of the first 13 thermoplastic composite pipe (TCP) jumpers for ExxonMobil’s Yellowtail development offshore Guyana.
The jumpers were produced under Strohm’s Jumper on Demand model, a first for both the region and the client. The approach...
ExxonMobil Guyana’s oil production dipped slightly in June, averaging 664,000 barrels per day (b/d) down from 667,000 barrels in May, even as two of the three producing projects reached near-optimal output levels.
The Stabroek Block, operated by ExxonMobil, yielded a...
Chevron Corporation has appointed John Hess, former chief executive of Hess Corp, to its board of directors, the U.S. oil major said on Tuesday, following the completion of its US$53 billion acquisition of Hess earlier this month.
The announcement comes...
Guyana posted a trade surplus of US$3.01 billion in the first quarter of 2025, driven by crude oil exports, which continued to dominate the country’s external trade, according to Bank of Guyana data.
Exports totaled US$4.66 billion, of which US$4.24...
ExxonMobil and its partners Chevron (formerly Hess) and CNOOC have recovered approximately US$35.9 billion in exploration, development and other costs from oil production in Guyana's offshore Stabroek Block, according to the Bank of Guyana’s latest quarterly report.
The figure, which...
ExxonMobil is positioning long-term science and engineering education as central to Guyana’s workforce development, with executives and students underscoring...
