Stabroek Block

  • ExxonMobil to Develop Payara Field Offshore Guyana 

    ExxonMobil to Develop Payara Field Offshore Guyana 

    Thursday, 1st October 2020

    ExxonMobil has come to a final investment decision (FID) to proceed with developing the Payara field offshore project after receiving approval from the government.

  • ExxonMobil Makes 18th Discovery Offshore Guyana

    ExxonMobil Makes 18th Discovery Offshore Guyana

    Wednesday, 9th September 2020

    American supermajor, ExxonMobil, has announced the discovery at the Redtail-1 well which will add to the previously estimated recoverable resource of more than 8 billion barrels of oil equivalent (bbboe) on the Stabroek Block.

  • ExxonMobil Presses for Approval for Guyana Project

    ExxonMobil Presses for Approval for Guyana Project

    Sunday, 30th August 2020

    America’s supermajor, ExxonMobil Corporation, is putting pressure on the newly-installed Guyanese government to ratify the company’s third oil project in the Stabroek Block, which has been delayed due to political turmoil.