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Shearwater mobilizes Amazon Warrior for 3D survey offshore Suriname

Norwegian marine geosciences company Shearwater is deploying its Amazon Warrior vessel for a 150-day, 6,042 sq km 3D seismic survey for Petronas in Suriname's...

ExxonMobil completes purchase of Destiny FPSO for US$535 million

ExxonMobil Guyana has purchased the Liza Destiny floating production, storage and offloading (FPSO) vessel, SBM Offshore said in a December 19 release. The transaction comprised...

Approx. US$2 billion spent to procure goods, services from local suppliers as Exxon marks five years of oil production in Guyana

With December 19, 2024, marking five years of oil production in Guyana, ExxonMobil said its deepwater projects are the “most successful” in the world....

Vreed-en-Hoop shorebase completed ahead of Yellowtail start-up

The US$300 million Vreed-en-Hoop Shorebase Inc. (VEHSI) project was completed in December. Guyana's President, Irfaan Ali, visited the facility on Wednesday afternoon, where he...

US$60M fuel blending facility planned for Guyana 

A US$60 million fuel blending facility - the first of its kind in Guyana - is up for environmental approval.  The Environmental Protection Agency (EPA)...
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Latest News

Shearwater mobilizes Amazon Warrior for 3D survey offshore Suriname

Norwegian marine geosciences company Shearwater is deploying its Amazon Warrior vessel for a 150-day, 6,042 sq km 3D seismic survey for Petronas in Suriname's...

ExxonMobil completes purchase of Destiny FPSO for US$535 million

ExxonMobil Guyana has purchased the Liza Destiny floating production, storage and offloading (FPSO) vessel, SBM Offshore said in a December 19 release. The transaction comprised...

Approx. US$2 billion spent to procure goods, services from local suppliers as Exxon marks five years of oil production in Guyana

With December 19, 2024, marking five years of oil production in Guyana, ExxonMobil said its deepwater projects are the “most successful” in the world....

Vreed-en-Hoop shorebase completed ahead of Yellowtail start-up

The US$300 million Vreed-en-Hoop Shorebase Inc. (VEHSI) project was completed in December. Guyana's President, Irfaan Ali, visited the facility on Wednesday afternoon, where he...

US$60M fuel blending facility planned for Guyana 

A US$60 million fuel blending facility - the first of its kind in Guyana - is up for environmental approval.  The Environmental Protection Agency (EPA)...
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Guyanese duo traveling to Singapore for return journey on ONE GUYANA FPSO

Two Guyanese, Nevon Arno and Bevon Craig, are preparing to travel to Singapore to ready Newrest Guyana’s team for its journey on the ONE...

Approx. US$2 billion spent to procure goods, services from local suppliers as Exxon marks five years of oil production in Guyana

With December 19, 2024, marking five years of oil production in Guyana, ExxonMobil said its deepwater projects are the “most successful” in the world....

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Shearwater mobilizes Amazon Warrior for 3D survey offshore Suriname

Norwegian marine geosciences company Shearwater is deploying its Amazon Warrior vessel for a 150-day, 6,042 sq km 3D seismic survey for Petronas in Suriname's...

ExxonMobil completes purchase of Destiny FPSO for US$535 million

ExxonMobil Guyana has purchased the Liza Destiny floating production, storage and offloading (FPSO) vessel, SBM Offshore said in a...

Approx. US$2 billion spent to procure goods, services from local suppliers as Exxon marks five years of oil production in Guyana

With December 19, 2024, marking five years of oil production in Guyana, ExxonMobil said its deepwater projects are the...

Vreed-en-Hoop shorebase completed ahead of Yellowtail start-up

The US$300 million Vreed-en-Hoop Shorebase Inc. (VEHSI) project was completed in December. Guyana's President, Irfaan Ali, visited the facility...

US$60M fuel blending facility planned for Guyana 

A US$60 million fuel blending facility - the first of its kind in Guyana - is up for environmental...
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Shell plans new offshore drilling in Suriname’s Block 65

BG International Limited (Shell) is seeking approval from Suriname’s National Environment Authority (NMA) to conduct an exploration drilling program in Block 65, formerly Block...
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Guyana oil success rooted in high risks, partnerships, and innovation – Liam Mallon

In a candid discussion with Hart Energy, President of ExxonMobil Upstream Company and Vice President of Exxon Mobil Corporation,...

Stena Carron probing Lau Lau-2 as Exxon looks to increase discovered resources

ExxonMobil is advancing exploration drilling at the Lau Lau-2 well site at the Stabroek Block offshore Guyana. The drilling operation,...
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Approx. US$2 billion spent to procure goods, services from local suppliers as Exxon marks five years of oil production in Guyana

With December 19, 2024, marking five years of oil production in Guyana, ExxonMobil said its deepwater projects are the “most successful” in the world....

Exxon targeting 1.7 million barrels per day in Guyana by 2030 

ExxonMobil has announced plans to expand its operations in Guyana, projecting production capacity to reach 1.7 million barrels of...

Guyana oil production averaged 608,000 b/d in first 10 months of 2024

Crude oil production at the ExxonMobil-operated Stabroek Block averaged 608,000 barrels per day (b/d) in the first 10 months...
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Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The prospect is located about 170...

Russia strikes black gold off British Antarctic coast, 511 billion barrels worth 

(Yahoo News, May 13, 2024): Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading...

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
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Guyana oil production averaged 608,000 b/d in first 10 months of 2024

Crude oil production at the ExxonMobil-operated Stabroek Block averaged 608,000 barrels per day (b/d) in the first 10 months of 2024. Combined output from...

CCJ ruling confirms process by which Stabroek co-venturers apply for and are granted project approvals is lawful

By Chevy Devonish In a previous article we examined how the Caribbean Court of Justice (“CCJ”) in Attorney General of Guyana v Environmental Protection Agency...

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Excel Guyana targets workforce development to meet oil & gas demands, sets sights on new manpower division

Excel Guyana Inc. is expanding its workforce solutions to bridge critical skills gaps in Guyana’s oil and gas industry, preparing to launch a new...

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