DSIC has launched the Errea Wittu FPSO, which will exploit ExxonMobil’s Uaru field on the prolific Stabroek block offshore ...

GUYANA’S offshore oil industry has emerged as one of the most successful deep-water developments globally, driven by ...

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XOM secures ownership of the Liza Destiny FPSO from SBM Offshore in a $535M deal, enhancing its control at the Stabroek Block ...

Liza Destiny is one of five FPSOs that ExxonMobil contracted from the Dutch ocean engineering and construction company for ...

It was hardly surprising that the fifth year of oil production evoked barely disguised triumphalist declarations by ExxonMobil Guyana. After all, the US ...

The National Assembly had approved the Fiscal Enactments Bill which balances immediate withdrawals and long-term savings from the National Resource Fund (NRF) ...

Exxon Mobil Corporation XOM has gained 8.2%, surpassing the industry’s 1.6% growth. XOM’s long-term outlook remains promising ...

Guyana's President Irfaan Ali announced a cash grant for citizens, as part of the government’s commitment to ensuring the ...

The purchase of the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel by ExxonMobil Guyana Limited (EMGL), was recently completed for US$535 million, meaning that EMGL now directly ...

SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO Liza Destiny, ahead of the maximum lease term, which ...