Guyana hosts Noble’s largest floater presence – Fleet Status Report

Aug. 6 (oilnow.gy) Guyana has emerged as the most active location for Noble Corporation’s floater rigs, with four high-specification drillships operating exclusively in the ExxonMobil-operated Stabroek Block. According to Noble’s latest fleet status report, the Sam Croft, Bob Douglas, Tom Madden, and Don Taylor are contracted through August 2028, accounting for the densest deployment of floaters in the company’s... Continue Reading →

August 7, 2025 0

Exclusive: Trinidad, ExxonMobil agree to terms for deepwater blocks, government sources say

Aug 5 (Reuters) - Trinidad and Tobago's government has agreed to award U.S. oil major ExxonMobil acreage in an ultra-deep area that includes seven blocks to explore for oil and gas, two senior government officials told Reuters. The parties began negotiations earlier this year for the areas off the east coast of the Caribbean country, which... Continue Reading →

August 5, 2025 0

Suriname to outpace Guyana in 2025 exploration activity – WoodMac

(oilnow.gy) Suriname is set to surpass Guyana in exploration and appraisal drilling activity in 2025, according to Wood Mackenzie in the latest World Oil Regional Report on Guyana and Suriname. “In 2025, for the first time since the Liza discovery, WoodMac expects to see more exploration and appraisal wells drilled in Suriname than in Guyana,” the report outlined. ... Continue Reading →

August 4, 2025 0

FPSO destined for ExxonMobil’s Guyana project getting titanium reinforcements

(offshore-energy.biz) Hunting Subsea Technologies, the Texas-based subsidiary of London-headquartered precision engineering group Hunting, has provided the connections for a floating production storage and offloading (FPSO) to be deployed at a field offshore Guyana being developed by U.S energy giant ExxonMobil. The eight titanium stress joints (TSJs) delivered will be integrated into the FPSO unit Errea Wittu that... Continue Reading →

August 1, 2025 0

ExxonMobil’s Profit Shoots Above Expectations

(Reuters) Exxon Mobil, the United States' biggest oil producer, beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset the impact of lower crude prices. Oil and gas production was the highest for any second quarter since the merger of Exxon and Mobil formed the... Continue Reading →

August 1, 2025 0

Record Production Boosts Chevron’s Second Quarter Earnings

(Reuters) Chevron beat analyst estimates for second-quarter profit on Friday as record oil and gas production and lower capital expenditure helped the U.S. oil producer boost earnings despite weaker crude prices. The No. 2 U.S. oil major triumphed last month in a legal challenge from Exxon Mobil XOM.N in order to close its $55 billion... Continue Reading →

August 1, 2025 0

MODEC delivers another piece of puzzle for Guyana-bound FPSO

(offshore-energy.biz) Japan’s MODEC has delivered a structure that will form part of a floating production storage and offloading (FPSO) unit to be deployed to a project offshore Guyana operated by ExxonMobil, a U.S.-headquartered oil and gas giant. As reported by the Japanese player, the topsides modules for FPSO Errea Wittu arrived at the BOMESC yard in Tianjin, China. The... Continue Reading →

July 25, 2025 0

Exclusive: Exxon in talks with Trinidad for seven deepwater blocks, sources say

(Reuters) - Exxon Mobil has begun negotiations with the Trinidad and Tobago government to explore for oil and gas in up to seven deepwater blocks off the East Coast of the Caribbean country, which the top U.S. oil producer left more than two decades ago, two sources close to the talks told Reuters. The areas Exxon... Continue Reading →

July 22, 2025 0

Chevron Secures Future Production Prospects with Entry to Oil Rich Guyana

(Reuters) Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: where its growth will come from beyond the next few years. On Friday, the U.S. oil producer closed its $55-billion acquisition of Hess - among the largest ever oil and gas deals - and gained the... Continue Reading →

July 21, 2025 0

Exxon vs. Chevron battle sets stage for oil industry’s race for prize assets – Opinion

by Ron Bousso - Reuters LONDON, July 18 - The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what’s to come in the oil and gas industry as competition for a shrinking pool of prime assets heats up. Chevron is set to finalize its $53 billion acquisition of... Continue Reading →

July 18, 2025 0

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Category: Guyana

Guyana hosts Noble’s largest floater presence – Fleet Status Report

Exclusive: Trinidad, ExxonMobil agree to terms for deepwater blocks, government sources say

Suriname to outpace Guyana in 2025 exploration activity – WoodMac

FPSO destined for ExxonMobil’s Guyana project getting titanium reinforcements

ExxonMobil’s Profit Shoots Above Expectations

Record Production Boosts Chevron’s Second Quarter Earnings

MODEC delivers another piece of puzzle for Guyana-bound FPSO

Exclusive: Exxon in talks with Trinidad for seven deepwater blocks, sources say

Chevron Secures Future Production Prospects with Entry to Oil Rich Guyana

Exxon vs. Chevron battle sets stage for oil industry’s race for prize assets – Opinion

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