ExxonMobil pitches Berbice as ideal site for investments
ExxonMobil Guyana’s Commercial Manager Paul Foster on Tuesday discussed Berbice’s unique advantages as the government advances plans for a natural gas development to anchor...
Guyana oil production now at 900,000 bpd – ExxonMobil
Oil production offshore Guyana has climbed to 900,000 barrels per day (bpd), operator ExxonMobil said on Wednesday.
The boost comes as the Yellowtail development, which...
Guyana gets US$15 million signing bonus in new oil deal – Bharrat
Guyana has secured a US$15 million signing bonus in an oil deal with a new group of companies.
The Guyana government issued the offshore block...
Guyana’s non-oil economy grows faster than oil sector for the first time
Guyana’s non-oil economy grew faster than its oil industry for the first time since ExxonMobil began production in December 2019.
According to the Ministry of...
Norton willing to have Patterson on board to assist in scrutiny of oil and...
Leader of the People’s National Congress Reform (PNCR), Aubrey Norton, says he sees “no problem” in benefiting from the knowledge and expertise of the...
Govt. targets fertilizer and cooking gas output with new projects planned for Wales
The Government of Guyana is moving ahead with plans to develop value-added industries on the West Bank of Demerara, seeking developers for a US$300...
Exxon shifts focus to Longtail gas project after securing approval for Hammerhead
ExxonMobil Guyana has turned its attention to securing permits for its proposed Longtail project offshore Guyana, after recently receiving government approval for the Hammerhead...
Oil production at 770,000 bpd offshore Guyana
ExxonMobil Guyana President Alistair Routledge said Guyana’s oil production rate is now around 770,000 barrels per day (bpd) in early October, up from an...
24/7 work schedule now in effect for Wales Gas-to-Energy project
– final pour for the foundation base of the fourth turbine was completed on Friday night
– by the end of December, all four gas...
ExxonMobil awards major contracts for Hammerhead project in Guyana
ExxonMobil has awarded major contracts to MODEC, Saipem and TechnipFMC to develop its Hammerhead oil project in Guyana’s Stabroek Block, following its final investment...
