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Proposed production increase at Yellowtail to maximize revenue for all parties – ExxonMobil official

ExxonMobil says the proposed production increase at the Yellowtail development offshore Guyana has the potential to maximize revenue for...

Petrobras, Equinor deepen Campos Basin partnership with Itaimbezinho deal

Petrobras has signed an agreement with Equinor to acquire a 50% stake in the Itaimbezinho offshore exploration block in...

Mud plant expansion leads Halliburton’s new round of contracting opportunities

Mud plant expansion is leading Halliburton Guyana Inc.’s latest round of contracting opportunities, with the company opening multiple procurement...

Anchor handling, firefighting vessels to continue supporting ExxonMobil’s deepwater operations at Uaru and Whiptail fields 

ExxonMobil Guyana will continue deepwater development operations at the Uaru and Whiptail fields in the Stabroek Block, supported by...

Guyana could get over US$10B annually from Stabroek Block by 2030 – Exxon official

Guyana could receive more than US$10 billion annually from the Stabroek Block by 2030, according to ExxonMobil Guyana Limited...

SBM Offshore says Liza Unity piping scope ranks among offshore industry’s most technically demanding work

The high-pressure piping fabricated in Guyana for ExxonMobil Guyana's Liza Unity floating production, storage, and offloading vessel (FPSO) forms...
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MODEC working with Guyanese suppliers to strengthen bids for offshore opportunities

MODEC is working with Guyanese suppliers to strengthen their bids for offshore procurement opportunities as the company continues to...

Venezuela’s long-term oil recovery plan still undefined despite 2026 production gains – S&P Global

Despite rising oil production and growing exports, U.S. officials have declined to provide a long-term timeline for the recovery...

PDVSA crude output to reach 1.37M b/d by December – S&P Global

Venezuela’s state oil company Petróleos de Venezuela, S.A. (PDVSA) is expected to raise crude production to 1.37 million barrels...

Shearwater to conduct seismic survey over Exxonmobil’s Yellowtail development

Shearwater has secured a two-month seismic survey contract from ExxonMobil Guyana Limited for work over the Yellowtail development area...

Automation cuts drilling commands by up to 75% in ExxonMobil’s Guyana operations

ExxonMobil Guyana Limited and SLB are using autonomous drilling technology offshore Guyana to improve deepwater well delivery, according to...

SBM Offshore’s Green Farms Initiative cuts food imports for offshore operations

SBM Offshore says its Green Farms Initiative, which supports the local production of fresh produce not traditionally grown in...