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FPSO Jaguar enters dry dock in Singapore as construction advances

SBM Offshore has announced that the FPSO Jaguar, its fifth unit destined for Guyana, has entered dry dock at the Seatrium yard in Singapore.  See video of drydocking below:  “This is a major step forward in this world-class project,” the company...

Exxon proud to deliver consistent projects, job opportunities in Guyana – Routledge

ExxonMobil Guyana President Alistair Routledge says the company is proud to deliver a consistent stream of projects and a pipeline of job opportunities to Guyana. In a July 15 LinkedIn post, Routledge said, “Each new project that's funded creates new...

Errea Wittu FPSO arrives in Singapore after successful hull sailaway from China

MODEC announced the successful arrival of the Errea Wittu floating production, storage and offloading vessel (FPSO) in Singapore on June 28, 2025. The vessel's hull sailaway followed the completion of construction and commissioning works in China. In a July 14...

Exxon committed to building local capacity – Professor Sankat

Professor Clement Sankat, Director of the Guyana Technical Training College Institute (GTTCI), has lauded ExxonMobil’s contribution to the country's workforce development, affirming the company’s commitment to building local capacity in oil and gas and beyond. Speaking at a recent graduation...

Guyana gets another US$191 million from oil sales in June

Guyana earned just over US$191 million (GY$40 billion) from the sale of three oil cargoes (each about a million barrels) in June, bringing total crude oil sales for the year so far to approximately US$1.05 billion (GY$219.7 billion).  The June...

More Guyanese are now working offshore, says ExxonMobil Guyana President

President of ExxonMobil Guyana, Alistair Routledge said the number of Guyanese working offshore continues to grow steadily. Speaking at a recent graduation ceremony for local trainees, Routledge shared his experience during a recent visit to the ONE GUYANA vessel,...

Guyana edges closer to world’s largest oil producer per capita

With just a few weeks before August arrives, Guyana inches closer to becoming the world’s largest oil producer per capita.   The milestone is tied to the start-up of the ONE GUYANA floating production, storage, and offloading vessel (FPSO), the latest...

None like Payara: Exxon yet to replicate optimization, but there’s still time

The ramp-up of ExxonMobil’s Payara project remains unmatched in Guyana’s offshore oil history, even as more developments come on stream. Wood Mackenzie’s Principal Analyst Luiz Hayum described the startup of the Prosperity FPSO at Payara as setting an industry...

ExxonMobil anticipates lower Q2 2025 earnings due weaker oil and gas prices

ExxonMobil expects lower crude and natural gas prices will weigh on its second quarter 2025 earnings, according to its latest 8-K filing with the U.S. Securities and Exchange Commission (SEC) released ahead of results due August 1. The company estimates...

Survey says Exxon is ‘Most Admired Explorer’ propelled by mega wins in Guyana

ExxonMobil has been named the most-admired upstream explorer in the world, according to Wood Mackenzie’s 2025 Exploration Survey, a recognition underpinned mainly by the company’s performance offshore Guyana. The award, announced at Wood Mackenzie’s annual Exploration Summit in Bordeaux in...

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Thousands of teachers and students in Guyana are expected to feel the impact of ExxonMobil’s STEM investment

ExxonMobil is positioning long-term science and engineering education as central to Guyana’s workforce development, with executives and students underscoring...