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US$3.6 billion part of commitment expected for Payara development this year,...

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Global oil and gas project sanctioning is set to recover and exceed pre-Covid-19 levels from 2022, with Guyana playing a key role...

Yellowtail could add another 220,000 bpd to Guyana output, 7 floaters...

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Though the Hammerhead area was targeted for the fourth development project in the Stabroek block offshore Guyana, the high quality oil discovered...

Upfront investment in proprietary data, technology behind multi-billion-barrel discoveries offshore Guyana...

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The unprecedented success rate for discoveries that ExxonMobil has had offshore Guyana since 2015 is being attributed to proprietary seismic data and...

Young Guyanese looking forward with anticipation to working on country’s first...

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Spread moored around 120 miles offshore Guyana, the Liza Destiny FPSO will soon receive another batch of Guyanese who will be embarking...

Guyana has 20-year window of opportunity to maximise benefits from oil...

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The effectiveness of Guyana’s development plans depends on the notion that the population can adequately benefit from the oil revenues that are...

Guyana’s 4th FPSO could be targeting production at the Yellowtail area

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The Yellowtail area offshore the South American country of Guyana contains oily fluids similar to those of the Liza discovery which US...

Stabroek Block flaring 17 times lower than global average

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According to the World Bank Global Gas Flaring Tracker Report released in July this year, the global average for flaring stands at 8.49 billion cubic...

Guyana will benefit from “first-mover advantages” by advancing offshore developments –...

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New oil producer Guyana has much to gain from advancing development projects at its vast offshore oil fields where US oil major...

Payara development targeting 220,000 bpd peak production

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ExxonMobil’s 3rd proposed development at the Stabroek Block offshore Guyana is targeting 180,000 to 220,000 barrels of oil per day, pending government approvals. During the...

Gas-to-shore project will be a key part of Guyana’s wealth creation...

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No technical barriers exist for piping natural gas from the Stabroek Block to shore for power generation and other applications in Guyana...