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Bulk of oil supply next 20 years will come from ‘advantaged...

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Whatever the pace of the energy transition, the world will still rely on oil and gas for much of its energy needs until well beyond...

Liza-1 well can produce up to 50 million standard cubic feet...

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Guyana is poised to significantly reduce its reliance on imported fossil fuel to meet its energy needs through the utilisation of natural gas from...

Payara subsea award is the largest since 2014

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Payara, ExxonMobil’s 3rd development at the Stabroek Block offshore Guyana, has made way for the award of the largest subsea contract in the oil and...

Fabrication work to begin on giant Prosperity FPSO

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Fabrication work is set to begin on the giant Fast4Ward® MPF hull for ExxonMobil’s Payara Development offshore Guyana that will see the Prosperity FPSO...

ExxonMobil looking to establish high-speed fibre-optic service linking offshore, onshore operations

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In an effort to ensure production within the Stabroek Block is efficiently managed at all times, ExxonMobil Guyana plans to implement a secure, high-speed...

ExxonMobil plans to evaluate Tanager-1 well data, continue search for hydrocarbons

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ExxonMobil Guyana said on Tuesday it will be looking to evaluate results from the Tanager-1 well at the Kaieteur Block offshore Guyana where hydrocarbon...

Guyana offshore remains highly competitive – a major plus in current...

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The oil being produced offshore Guyana is a low sulphur high-quality blend which together with lower breakeven costs, will continue to benefit from investor...

Mega 220,000 bpd Liza Unity FPSO begins integration phase in Singapore

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Dutch floater specialist SBM Offshore said Monday the Fast4Ward® Multi-Purpose Floater (MPF) hull for the Liza Unity FPSO has moved to the integration quayside...

Guyana FPSO contributes to 16% revenue increase for SBM Offshore

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Dutch floater specialist SBM Offshore is reporting a 16 percent increase in revenues for Q3 2020 when compared to the same period last year...

Liza Destiny, drillships rack up over 11 million hours without lost...

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Safety continues to be a top priority in the exploration and production activities offshore Guyana where ExxonMobil is operator at the prolific 6.6 million...