HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 6.May.2025, Words: 440) — ExxonMobil Guyana, which in Dec. 2024 completed construction of a natural gas pipeline that flows from the Stabroek block offshore Guyana to the mainland, is now just waiting on completion of an onshore power plant so that […]
Tag: Alistair Routledge
Exxon, Hess and CNOOC Hit 500 MMbbls Milestone Offshore Guyana
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 13.Nov.2024) — ExxonMobil Guyana Limited and its Stabroek Block co-venturers, Hess Corporation and CNOOC reached an offshore oil production milestone of 500 million barrels of oil in under 5 years. “Our unrivaled success in developing Guyana’s oil resources at an industry-leading pace, […]
ExxonMobil Guyana Reports New Oil Find
(ExxonMobil, 15.Mar.2024) — ExxonMobil Guyana announced a discovery at Bluefin in the Stabroek block offshore Guyana, the company’s first discovery of 2024. The Bluefin well encountered approximately 197 feet (60 metres) of hydrocarbon-bearing sandstone and was drilled by the Stena Drillmax drillship in 4,244 feet (1,294 metres) of water. The […]
ExxonMobil to explore in area disputed by Guyana and Venezuela
GEORGETOWN, GUYANA (AP, 7.Feb.2024, Words: 370) — ExxonMobil said it plans to explore for oil and gas in a disputed area off South America’s coast where the Venezuelan military had previously expelled two U.S. oil companies. The move could escalate tensions between Venezuela and neighboring Guyana, which awarded the exploration […]
Exxon: Over $400mn Spent Locally in Guyana in 2022
(Exxon, 16.May.2023) — ExxonMobil Guyana and its reporting contractors have spent more than GUY$83bn (US$400mn) with more than 1,500 Guyanese businesses in 2022 alone. That is part of the more than GUY$180bn (US$900mn) spent with locals since the first discovery in 2015. By the end of 2022, the company and […]