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Hess significantly reduces losses in Q2, Guyana activities advancing

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Hess Corporation which holds a 30 percent working interest in the Stabroek Block offshore Guyana, disclosed today that it sustained a net loss of...

BREAKING: Exxon makes another major oil discovery offshore Guyana

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ExxonMobil today said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of...

Exxon seeking support vessels for Guyana operations

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ExxonMobil Guyana plans to put in place an enabling agreement for the provision and operation of Multi-Purpose Support Vessels (MPSVs), Platform Support Vessels (PSVs),...

Multi-billion-dollar ‘Port of Vreed-en-Hoop’ facility in the works

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Guyanese company NRG Holdings Inc. plans to establish a multi-billion-dollar multi-purpose port facility dubbed the ‘Port of Vreed-en-Hoop’ that will feature a major shore...

Petroleum Department staff expected to play major role in soon to...

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Authorities in Guyana remain steadfast on bringing on stream the Petroleum Commission and Local Content Policy, two crucial elements of Guyana’s regulatory framework for...

Guyana moving forward with large-scale hydro project at remote waterfall

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In addition to moving ahead with plans for a gas-to-energy project which is expected to start up in 2024, the Guyana government announced on...

Local firm among 5 vying to audit Exxon’s costs

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A lone Guyanese registered auditing firm was among the list of several international companies that submitted proposals to conduct consultancy services for cost recovery...

Gas-to-energy project: Guyanese will be at forefront of construction, operation

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ExxonMobil will be hiring Guyanese to work on the construction of the gas-to-energy project which is expected to take off next year once the...

Industry’s largest subsea fiber optic sensing project being developed for Payara

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A state-of-the-art Subsea Fiber Optic Solution technology which ExxonMobil has selected for its third major deepwater project offshore Guyana is the largest the industry...

Profitability for Guyana, Exxon is affected when production is lowered, company...

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Guyana’s Natural Resources Minister, Vickram Bharrat says he is convinced that ExxonMobil is desirous of being a good environmental steward and that the company...