Guyana’s extraordinary oil-driven rise from poverty to one of the world’s wealthiest nations has delivered unprecedented ...

Brazil, Guyana, and Argentina are set to be major drivers of non-OPEC oil supply growth in 2026, accounting for half of the ...

Ghanaian-owned Cybele Energy has made history by securing a shallow-water offshore oil block in Guyana through a landmark ...

GEORGETOWN, GuyanaGEORGETOWN, Guyana — Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production. Six ...

Exxon Mobil Corp. (NYSE: XOM) and Hess Corp. (NYSE: HES) have started production on Guyana’s third offshore oil development in the Stabroek Block, which has gained attention with a recent discovery ...

GEORGETOWN, Guyana (AP) — A fifth major offshore oil field being developed by a consortium led by ExxonMobil at an estimated cost of $12.7 billion will add another 1.3 billion barrels of recoverable ...

Navitas will pay Eco Atlantic $2m (NIS8.73m) for exclusive farm-in options at both the Orinduik and Block 1 CBK assets.

Oil giants are racing to develop the world’s most prolific offshore oil field before fossil fuel demand is expected to decline amid growing concerns about climate change. Exxon Mobil, TotalEnergies ...

Guyana is in "no rush" to draft a new production sharing agreement (PSA) for offshore oil development, its Natural Resources minister told Reuters, reversing a year-long drive to devise new rules for ...

SBM Offshore is pleased to announce it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Whiptail ...

Guyana, through the Ministry of Natural Resources, will auction off 14 oil blocks in the nation’s first-ever competitive offshore oil and gas licensing round with new fiscal terms. The Government of ...

Dutch FPSO specialist SBM Offshore has won contracts to perform Front End Engineering and Design (FEED) for an FPSO for Exxon's Yellowtail development offshore Guyana. This will be SBM Offshore's ...