PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 21.Apr.2025) — ExxonMobil Guyana Limited awarded MODEC, Inc. a contract to develop a floating production, storage, and offloading (FPSO) vessel for the Hammerhead project offshore Guyana in the prolific Stabroek block.
The contract is a limited notice to proceed (LNTP) by ExxonMobil Guyana, pending necessary government and regulatory approval.
(Argus, 26.Sep.2019) — Guyana will hold parliamentary elections on 2 March 2020, around the time that ExxonMobil plans to launch offshore oil production that promises […]
(Argus, 4.May.2020) — The government of burgeoning Latin American oil producer Guyana received $4.9mn in its first oil and gas royalty payment from gross production […]
(Stabroek News, 23.May.2020) — Guyana has lifted its second one-million barrel cargo of crude oil entitlement from ongoing offshore production and the oil tanker Sonangol […]