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Trinidad moves ultra-deepwater push forward with ExxonMobil, Oxy PSC signing

News OilNOW -
Trinidad and Tobago has signed a Production Sharing Contract for the TTUD-1 Block with ExxonMobil Trinidad and Tobago Limited and Occidental Petroleum (Oxy), moving...

ExxonMobil wants Guyanese firms to play leading role across fabrication value chain

News OilNOW -
ExxonMobil Guyana wants local companies to play a larger role across the full fabrication value chain as offshore activity expands. The company’s Production Manager, Huzefa...
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Collateral-free Development Bank to offer local entrepreneurs a pathway into Guyana’s oil and gas industry

News Trichell Sobers -
Guyanese entrepreneurs seeking to enter the oil and gas sector could soon access collateral-free, interest-free financing through the proposed...

Exxon reports US$8.1 billion in Guyana revenue from 102 oil lifts in 2025

News OilNOW -
ExxonMobil Guyana generated US$8.1 billion (approx. GYD $1.7 trillion) in revenue in 2025, supported by 102 crude oil lifts...

Saipem opens procurement opportunity for Guyanese businesses to provide vulcanizing services

News OilNOW -
Guyanese businesses are being invited to submit bids for vulcanizing services under a new request for information issued by...

Guyanese team delivers high-level fabrication work for FPSO with zero harm, defects

News Shikema Dey -
A Guyanese team has completed high-pressure process piping fabrication for the Liza Unity FPSO with zero harm, zero weld...

ExxonMobil, Hess see reduced Guyana profit in 2025 due to lower prices

News Kemol King -
Both ExxonMobil and Hess saw reduced profits in Guyana, according to financial statements seen by OilNOW.  ExxonMobil’s profit was US$4.67...

Guyana races toward million-barrel status in one of offshore oil’s fastest ramp-ups

News OilNOW -
Guyana’s oil production has climbed from a standing start in December 2019 to over 900,000 barrels per day in...
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