Guyana, already grappling with falling oil global oil prices, could see a further but gradual decline in the price if the ...

Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. In Guyana, rapid development of the Stabroek Block by Exxon Mobil (NYSE:XOM) and its partners is pushing ...

GEORGETOWN, Guyana (CMC) — ExxonMobil Guyana Limited on Wednesday announced that the daily production in the Stabroek Block has increased to 900,000 barrels. “Guyana’s story is one of continuous ...

The oil companies expect to have seven projects producing in Guyana by the end of 2029. Here's a closer look at how the Hammerhead project will strengthen ExxonMobil's and Chevron's ability to grow ...

An Exxon-led partnership recently approved the Hammerhead project in Guyana. The project is one of many that help fuel Exxon's bold 2030 plan. Chevron's acquisition of Hess gave it a stake in this ...

ExxonMobil, which heads up the consortium developing the massive Stabroek oil and gas resource play offshore Guyana, announced on Monday that it has reached final investment decision (FID) on its ...

MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project. MODEC said in a media release the ...

Baker Hughes Company (NASDAQ:BKR) disclosed several transactions and partnerships at the Baker Hughes 2025 Annual Meeting in Florence. ExxonMobil Contract: Baker Hughes secured a contract from Exxon ...

Follow us on Facebook and join our Telegram channel for the latest updates. Seatrium has secured a floating production storage and offloading (FPSO) topsides integration contract from Offshore ...

ABB has been contracted to deliver a complete electrical system and associated digital solutions for an ExxonMobil FPSO in Guyana. Electrification and automation technology specialist ABB has been ...

The development is the fifth project on Guyana’s offshore Stabroek block and is expected to add about 250 000 bbl/d of oil to ExxonMobil’s capacity. The project plans to include up to ten drill ...

ExxonMobil Corp. has let a contract to Aker Solutions to provide dynamic and static subsea umbilical for the Uaru project, the fifth development on Stabroek block in Guyana. The contract includes ...