Guyana | Egypt Oil & Gas

Fourth Vessel Set to Depart for Guyana in Q1 2025, Boosting Oil Output by 250,000 bbl/d

The fourth floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter of 2025, said John Hess, CEO of US oil producer Hess Corporation, dur ...

Exxon-led Consortium Reaches 500 Million Barrels in Guyana’s Stabroek Block, Eyes 1.3 Million Daily by 2027

ExxonMobil said on Wednesday it had reached 500 million barrels (mmbbl) of oil production from Guyana’s Stabroek block since 2019, with aim to increase production capacity to over 1.3 mmbbl of oil per day by 2027 ...

Shell, Chevron, Petrobras Evaluate Guyana Oil Auction  

Guyana, the South American country, is offering 14 offshore oil exploration blocks in auction, to accelerate its economic development.

ExxonMobil Increases Guyana Oil Output, Hesitant About Next Auction Offer

ExxonMobil is unsure whether it will submit a bid for new offshore areas Guyana wants to explore because the oil company is increasing production quicker than expected and the South American nation is having troub ...

ExxonMobil Achieves Three New Discoveries in Guyana

ExxonMobilExxonMobil has discovered three additional offshore Guyana, bringing its total recoverable resource estimate for the Stabroek Block to roughly 11 billion. The three discoveries, which are southeast of th ...

ExxonMobil’s Fourth Project in Guyana Receives Approval

ExxonMobil announced that it has gotten the approval form the South American Country’s Environmental Protection Agency to start work it its fourth project in Guyana.

Saudi Aramco to Market Guyana Crude for One Year

Guyana has granted Saudi Arabian Oil Company, known as Aramco, a one-year contract to market the government's share of the crude produced in the South American country, Vice President Bharrat Jagdeo told Reuters.

Guyana Earns $80 M From its 7th Crude Shipment

The Guyana’s Ministry of Natural Resources announced that it has earned about $80 million from the seventh shipment of crude which allocated to the government from the offshore Liza Project.

ExxonMobil Makes New Oil Discovery Offshore Guyana

ExxonMobil announced that it has made a new discovery at Longtail-3 in Guyana.

ExxonMobil Strikes Oil in Uaru-2 Well

ExxonMobil made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana, according to ExxonMobil’s press release.

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