Plans are moving forward for ExxonMobil's seventh and eight developments offshore Guyana. A draft Environmental Impact Assessment (EIA) report for Hammerhead has been submitted and the application for Longtail is now under review. This is according to President of...
ExxonMobil’s Liza 2 and Payara projects in Guyana could each produce up to 265,000 barrels per day (b/d) once government regulators approve the proposed production increases. The two projects currently have demonstrated production capacity of 250,000 b/d each.
ExxonMobil Guyana...
ExxonMobil Guyana produced 20.3 million barrels of crude in December 2024 at an average rate of approximately 656,000 barrels per day (b/d).
Production was nearly 156,000 b/d at Liza 1, 251,000 b/d at Liza 2, and 250,000 b/d at Payara.
December...
SBM Offshore Guyana is once again searching for Guyanese talent in the engineering field as it kicks off its Graduate Trainee program.
According to a notice published on its Facebook page, SBM Offshore Guyana said the opportunity is designed to...
Tankers taking off crude from ExxonMobil’s Stabroek Block went mostly to Europe in January.
According to Guyana’s Maritime Administration Department (MARAD), 20 lifts—each consisting approximately a million barrels— were taken off in January. Fifteen of them went to Europe, based...
The Guyana government has withdrawn US$3.195 billion (GY$666 billion) from the Natural Resource Fund (NRF) to date, the Bank of Guyana said in a report. This sum covers three years of spending – 2022 to 2024.
The government started spending...
Guyana's highly anticipated 300 megawatts (MW) Gas-to-Energy power plant will start operations on November 1. During a recent parliamentary hearing, Prime Minister Mark Phillips said, “the first of November, the simple cycle will be on stream for the Gas-to-Energy...
A ruling has been issued in the dispute between the Government of Guyana and Gas-to-Energy contractor, Lindsayca/CH4. The matter was referred to the Dispute Avoidance and Adjudication Board (DAAB) on September 19, 2024.
In a statement on Monday, the Office...
ExxonMobil Guyana has awarded a contract to energy technology company Baker Hughes to supply specialty chemicals and related services to its Uaru and Whiptail offshore greenfield developments in Guyana’s Stabroek block.
Baker Hughes said the multiyear contract includes all topsides,...
Petrobras ended 2024 with a proven reserve of oil, condensate, and natural gas estimated at 11.4 billion, according to the Securities and Exchange Commission (SEC) regulations.
Of the total, 85% account for oil and condensate while the remaining 15% accounts...
