Exxon Mobil has applied to Guyana's Environmental Protection Agency (EPA) for authorization to develop the Haimara gas-condensate discovery in the offshore Stabroek block, the agency said on Sunday. The project would be the consortium's ninth development in the block…
Guyana was already the world’s fastest growing economy before the U.S.-Israeli war on Iran drove up oil prices. Now, the tiny Caribbean nation of nearly 1 million people will reap an even bigger bonanza as the conflict reshapes global energy markets…
Guyana has asked judges at the International Court of Justice to rule that Venezuela does not have a legitimate claim on the potentially oil-rich region around the Esequibo river, which has been the subject of a dispute between the Latin American neighbours since colonial days…
U.S. oil and gas major Exxon Mobil has applied for environmental authorization for a 35-well exploration campaign in Stabroek block, some 120 miles (193 km) off Guyana's Atlantic coastline, according to environmental regulator EPA.The campaign is expected to run from 2028 through 2033…
Malaysia's state-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a company executive said the block's eight discoveries…
Shearwater Geoservices has been awarded a distributed acoustic sensing (DAS) seismic survey contract in the Stabroek Block offshore Guyana by ExxonMobil Guyana.The contract covers a two-month program comprising source-only seismic acquisition…
Faced with declining production post-2030, across Sub-Saharan Africa (SSA), the Majors have started the process of reloading exploration hoppers. Targeting predominantly deep and ultra-deep waters, they have signed numerous agreements aimed…
A new floating production facility for a consortium led by Exxon Mobil in Guyana is nearly complete and expected to soon depart from Singapore, an executive said Thursday, part of the push to accelerate oil and gas projects in a country key to the U…
Exxon Mobil is using artificial intelligence and new technology to interpret seismic data from Guyana in days rather than months, John Ardill, the company's vice president of exploration, said on Tuesday.High‑performance computing and AI‑driven algorithms have accelerated seismic imaging…
JHI Associates had obtained a final court order from the Ontario Superior Court of Justice approving Eco (Atlantic) Oil & Gas' proposed acquisition of the company.The company said the court approval follows unanimous shareholder backing for the transaction at a May 12 meeting…
Dutch floating production specialist SBM Offshore raised its 2026 revenue guidance on Thursday after first-quarter directional revenue more than tripled, driven mainly by its turnkey business and the sale of One Guyana.The company sold One Guyana…
Exxon Mobil beat estimates for adjusted earnings on Friday, helped by higher output in Guyana and the Permian Basin, though unadjusted profit dropped to its lowest level in five years due to global supply disruptions from the Iran warthat the company's CEO cautioned could worsen in coming months…
Italy’s Saipem has secured a limited notice to proceed contract worth about $150 million by ExxonMobil Guyana for work on the Longtail development.The contract covers preliminary engineering and procurement activities for subsea structures, umbilicals…
SBM Offshore has secured contracts from ExxonMobil Guyana to carry out front-end engineering and design (FEED) studies for a floating production, storage and offloading (FPSO) vessel for the Longtail development offshore Guyana.The FEED award…
Halliburton, in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, has delivered a groundbreaking step forward in digital well construction to achieve the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana…
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