The Liza Unity has become the first floating production, storage and offloading (FPSO) vessel to receive the SUSTAIN-2 notation from the American Bureau of Shipping (ABS), SBM Offshore announced on March 12.
SUSTAIN-2 is the next level in ABS’s vessel...
As Guyana prepares for presidential elections this year, ExxonMobil says its focus in on long-term collaboration with the South American country and working with whichever administration is voted into office.
Speaking at the Guyana Energy Conference and Supply Chain...
Forbes has ranked Guyana as the 5th largest crude oil producer in the Latin American (LATAM) region. Guyana comes “after Brazil, Mexico, Venezuela, and Colombia,” Forbes said in a March 12 article.
“That's as ExxonMobil, and its partners Hess Corp...
ExxonMobil's proposed Longtail development project will tap into three gas fields—Longtail, Tripletail, and Turbot—spanning discoveries made in the period 2017-2019. Unlike Exxon’s previous developments in Guyana, which focus on crude oil, this project will center on non-associated gas and...
Guyana's Ministry of Natural Resources and CNOOC Petroleum Guyana Limited are inviting applications for the next batch of students to pursue Geoscience and Petroleum Engineering scholarships in China.
Applicants must send a detailed CV and cover letter to [email protected] by...
The Government of Guyana said on Thursday that it is preparing to take the next step in the dispute resolution process with ExxonMobil and its partners, Hess and CNOOC, over the disallowance of approximately US$214.4 million in expenses claimed...
Guyana has formally requested the International Court of Justice (ICJ) to prohibit Venezuela from proceeding with its planned elections in the Essequibo region, according to a release from the Ministry of Foreign Affairs and International Cooperation on Thursday.
The request...
On March 1, 2025, a Venezuelan navy vessel entered Guyana’s exclusive economic zone (EEZ). It approached several assets, including the Prosperity floating production, storage and offloading vessel (FPSO) owned by ExxonMobil Guyana Limited.
Prosperity is one of several FPSOs operated...
Crude oil production offshore Guyana averaged 620,000 barrels per day (b/d) in January, the lowest it’s been since August 2024. The total volume produced was 19.2 million barrels.
Tankers lifted 20 cargoes of approximately a million barrels each in January,...
Guyana’s Maritime Administration Department (MARAD) has designated a 500-meter buffer zone around an offshore pipeline installed by ExxonMobil Guyana, warning mariners that the area is an anchor-free zone and urging extreme caution when navigating nearby.
The regulator said the pipeline...
