Production from the Stabroek Block consistently increased, moving from an average of 74,000 barrels of oil per day (bpd) in 2020, to an average of 616,000 bpd in 2024. The One Guyana FPSO is ...

Exxon only roughly a week ago announced two additional oil discoveries in the world class 6.6-million-acre Stabroek Block offshore Guyana which now sees over 30 discoveries in that block alone.

A consortium led by Exxon Mobil has requested environmental permits from Guyana for its eighth project, the first that will ...

Guyana’s oil boom already has a nemesis ... 2—You can view a map of the territorial waters claims over the Stabroek block here.

Guyana’s government demanded no upfront fee from the oil giant and promised to allow Exxon to recoup its full costs before claiming any royalties, while breaking its own laws limiting the number of ...

adding 180,000 barrels per day to production in the Stabroek Block. Those facilities will add 930,000 barrels per day to Guyana’s oil production, lifting output to around 1.5 million barrels ...

An ExxonMobil-led consortium, which includes Hess and CNOOC, aims to increase production capacity to more than 1.7mbbl/d by the end of 2029.

Guyana's government has given a CGX Energy and Frontera Energy joint venture a 30-day cancellation notice of its license to ...

The globally regarded independent energy research and business intelligence entity, Rystad Energy, continues to classify Guyana ... Block, by Exxon, reportedly amount to more than 11.6 billion oil ...

The consortium led by Exxon Mobil has requested environmental permits for its eighth project, the first that will generate ...