ExxonMobil Guyana’s offshore oil developments are progressing with record efficiency, enabling faster project execution and greater economic benefits for the country. This is according to its President, Alistair Routledge, in an exclusive OilNOW interview.
He said the company has refined...
The Red Nova, a large crude carrier (VLCC) capable of transporting more than 2 million barrels of oil, recently completed a double crude lift offshore Guyana, ExxonMobil Guyana told OilNOW.
The tanker loaded crude from two floating production, storage and...
Introduction
The Petroleum Activities Act 17 of 2023 (the “PAA”) replaced the Petroleum (Exploration and Production) Act 1986; however, at present, the Regulations made under the 1986 Act remain applicable law under the PAA. The PAA is aimed at regulating...
The Caribbean Community (CARICOM) has spoken out in support of Guyana, after a Venezuela vessel entered the ExxonMobil-operated Stabroek Block in Guyana’s maritime territory and approached oil-related ships.
“CARICOM calls on Venezuela to order the urgent removal of the vessel...
Former Presidents of Latin American countries and Spain showed support for Guyana after a Venezuela vessel made an incursion into Guyanese waters and approached vessels operating in the ExxonMobil-operated Stabroek Block Saturday morning.
SEE FULL STATEMENT BELOW:
The Liberty and Democracy...
Guyana is on high alert after a Venezuelan navy ship entered its exclusive economic zone (EEZ) at 07:00am this morning. Air assets have been deployed and Guyana is currently mobilising its Coast Guard to be deployed to the area.
Guyanese...
With over 17 trillion cubic feet of natural gas—and counting—discovered in Guyana’s Stabroek Block, the government is now focusing on its development. However, the process is a bit more complex than oil production. With ExxonMobil’s experience, the government’s goal...
ExxonMobil’s planned Longtail floating production storage and offloading (FPSO) unit will have a significantly unique design from earlier Guyana developments, with increased gas compression and no water injection.
Alistair Routledge, President of ExxonMobil Guyana, told OilNOW in an exclusive interview...
ExxonMobil has awarded Norwegian seismic company Shearwater GeoServices a contract to conduct a six-month 4D ocean bottom node survey offshore Guyana. The survey, set to begin in the first half of 2025, will use Shearwater’s seismic vessel as a...
CGX Energy and its joint venture partner Frontera Energy have contested the Guyana government’s move to terminate their license for the Corentyne Block. CGX in a release on Monday argued that the agreement remains “valid and in force.”
The partners,...
