ExxonMobil is introducing cutting-edge technology to enhance oil production. The company has announced the deployment of its latest high-performance computing (HPC) system, Discovery 6. This will accelerate seismic imaging and improve resource recovery at all its operations, including the...
ExxonMobil Guyana Limited (EMGL) is seeking an insurance broker to provide coverage for its Hammerhead Development Project under a new services agreement. The public Request for Information (RFI) aims to identify suppliers capable of supporting the project's Construction All...
The following is an opinion editorial by Shikema Dey, Research and Content Developer at OilNOW, and a seasoned Journalist in the Oil and Gas Industry
Guyana cannot be bullied. We do not take well to demands, particularly from leaders...
Chevron Corporation has reinforced its commitment to acquiring Hess Corporation by purchasing 15.38 million shares of Hess’ common stock in open market transactions between January and March 2025. The purchase, conducted at prevailing market prices, was disclosed in a...
ExxonMobil Guyana is on track to ramp up its capacity to produce oil, condensate and gas at almost 2.2 million barrels of oil equivalent per day (boe/d). This includes oil production capacity of approximately 1.62 million b/d, condensate production...
New Wave Offshore Energy has been selected as the marine warranty surveyor for ExxonMobil Guyana’s Whiptail development, a US$12.7 billion offshore oil project in the Stabroek Block, the company said on the weekend.
Under the contract, New Wave Offshore will...
The global oil industry is changing, with Guyana's production rising quickly while Mexico's output declines. This is according to Adrian Duhalt, a fellow at the Texas-Mexico Center at the Southern Methodist University, who pointed out their contrasting paths.
“Guyana’s oil...
Guyana’s oil production stands out globally due to its low costs and low carbon emissions, making it a key player in the future energy mix, according to Ignacio Rooney, Senior Director at Wood Mackenzie’s Upstream Consulting and Carbon Management...
Guyana’s President, Dr. Mohamed Irfaan Ali, on Tuesday urged global investors to look beyond oil and gas when considering opportunities in his country. At the CERAWeek energy conference hosted this week by S&P Global in Houston, Ali highlighted investment...
Digital health records accessible at clinics across the country and a smartphone application people can use to make doctor’s appointments are among reforms expected in the health sector, Guyana’s Health Minister Dr. Frank Anthony said Thursday.
Guyana’s healthcare system is...
