ExxonMobil has commenced drilling operations at the Lukanani-2 well site in the Stabroek Block, another step in its continued exploration campaign offshore Guyana.
According to a notice from the Maritime Administration Department (MARAD), drilling commenced on June 11 and will...
OMS Subsea officially launched its operations in Guyana, introducing remotely operated vehicle (ROV) and diving support services to the country’s growing oil and gas industry. This is regarded as a significant enhancement of Guyana’s subsea capabilities in the local...
SBM Offshore recruited 1,274 new staff in 2024, with the majority based in Brazil, India, and Guyana. “New joiners are successfully prepared for their jobs through intensive local onboarding,” the company stated in its 2024 annual report.
Leadership training was...
ExxonMobil’s oil operations offshore Guyana earned it US$4.73 billion in profit last year. That accounted for nearly one in every seven dollars, or 14.04%, of the company’s global profit of US$33.68 billion in 2024, up from just US$0.63 billion...
MODEC Inc. and Carbon Clean Solutions Ltd. have signed a memorandum of understanding (MOU) to accelerate the development and potential deployment of onboard carbon capture systems for offshore production vessels. This is according to a recent release from MODEC.
The...
Guyana’s Linden to Mabura Hill road project will be spotlighted at the Caribbean-Brazil Summit on June 13 in Brasilia. The 121-kilometre roadway is being upgraded to link Guyana’s coast to its hinterland. It will also serve as a critical...
Noble Corporation says it continues to prioritize the development of Guyanese talent as part of its offshore operations. According to its 2024 Sustainability Report, all offshore assets are staffed with Guyanese doctors.
The company said it works with more than...
ExxonMobil has reaffirmed Guyana’s growing importance within its global operations, with Business Services Manager John Colling declaring that the South American nation will remain a “very important component” of the company’s production strategy for years to come.
ExxonMobil currently has...
A sharp rise in the combined asset base of Stabroek Block co-venturers ExxonMobil, Hess, and CNOOC, has strengthened the consortium’s ability to financially respond to a potential offshore oil spill.
The three companies reported total assets of US$34.3 billion at...
ExxonMobil Guyana and SLB have achieved a global industry first with the Hammerhead-4 appraisal well.
According to ExxonMobil Guyana’s 2024 Annual Report, the well was the first in the world to use SLB’s Ora reservoir fluid sampling tool to successfully...
