ExxonMobil Guyana earns $982.5B in 2025 despite lower oil prices
ExxonMobil Guyana Limited recorded after-tax earnings of $982.5 billion in 2025, with higher production from the Stabroek Block helping to cushion the…
Category: OIL & GAS
Guyana producing about 900,000 bpd, One Guyana FPSO poised for greater output
Guyana’s oil production has climbed to an estimated 900,000 barrels per day (bpd) following the successful ramp-up of the One Guyana Floating…
Guyana on track for over one million barrels of oil daily by end of 2026
Guyana’s oil production is expected to surpass one million barrels per day by the end of 2026, creating even greater opportunities for…
Higher oil prices position Guyana among countries benefiting from Iran conflict -Reuters
Guyana has been identified as one of a small group of energy-producing countries expected to benefit from rising oil prices linked to…
Noble secures US$565M in new contracts; ExxonMobil Guyana work to continue into 2027
Offshore drilling contractor Noble Corporation has reported a strong start to 2026, securing approximately US$565 million in new contract awards while locking…
Strait crisis puts Guyana among key oil supply drivers – Rystad
Guyana has been identified as one of the countries the world is increasingly looking to for additional oil supply, as shifting global…
Guyana among high-growth offshore markets as global subsea demand climbs -Westwood
Guyana has been identified as one of the emerging hotspots for offshore oilfield equipment, as global demand for subsea trees continues to…
Drilling at Uaru, East Coast surveys set to ramp up maritime activity
The Maritime Administration Department (MARAD) has issued two Notices to Mariners warning of ongoing offshore drilling activities and upcoming geophysical surveys along…
Uaru FPSO to push Guyana’s oil production past 1M barrels daily by year-end
Guyana’s oil production is set to surpass one million barrels per day by the end of 2026, as ExxonMobil advances preparations for…
NRF climbs to $796.2B at end of February
Guyana’s Natural Resource Fund (NRF) recorded another increase in its balance at the end of February 2026, rising to $796.2 billion, according…