Oil estimates for the Guyana Suriname Basin, particularly Guyana's Stabroek Block, are being revised upwards, with Exxon's 35 discoveries believed to contain over 11 billion barrels of oil. Various ...

For the past 7 years, ExxonMobil has been consistently increasing its footprint in Guyana. Exxon has already made over 20 discoveries, and it is predicting many more to come. The supermajor estimates ...

TechnipFMC won a 'substantial contract' from ExxonMobil to deliver subsea production systems for the Hammerhead field in the Stabroek block offshore Guyana. Image by HJBC via iStock TechnipFMC PLC ...

ExxonMobil has been granted a 1-year extension to the Stabroek block exploration license offshore Guyana to October 2027, according to partner Hess Corp. ExxonMobil has been granted a 1-year extension ...

US supermajor ExxonMobil has officially relinquished 20% of the area of the prolific Stabroek block offshore Guyana. The decision to return part of Stabroek to the government is outlined in the ...

ExxonMobil has started drilling a new appraisal well in the prolific Stabroek block off Guyana, as the US supermajor welcomes a fifth rig to its fleet in the South American nation. ExxonMobil expects ...