News

ExxonMobil is benefitting from its Pioneer acquisition, Guyana development and many other upstream and downstream projects.
Constructed by Dutch floater specialist SBM Offshore, the One Guyana FPSO entered Guyanese waters in preparation to begin operations later this year for ExxonMobil in the Yellowtail field.
ExxonMobil Guyana Ltd. has let a contract to MODEC Inc. to develop a floating production, storage, and offloading (FPSO) vessel for the Hammerhead project, marking the service provider’s second FPSO ...
Alistair Routledge of the U.S. After receiving the floating production facility in Guyana waters in February, the group is now working on installing it.
MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO ...
Exxon Mobil Corporation XOM is moving closer to expanding its oil output in Guyana, as its fourth floating production storage and offloading (FPSO) vessel, One Guyana, begins the installation ...
In its first quarter 2025 results statement, ExxonMobil revealed its oil and gas production figures for the first quarter of ...
ExxonMobil has resumed exploration work in the Stabroek block offshore Guyana, as the US supermajor has been focusing activity lately on drilling development wells for a series of projects due to ...
Amid falling oil prices, the biggest oil-producing nations, which now include Guyana with more than 650,000 bpd output from Exxon-led offshore projects, are facing declining budget revenues from oil.
ExxonMobil reported a strong first-quarter performance in its upstream segment for 2025, driven by rising production in the Permian Basin and Guyana, as well as the successful integration of ...
Exxon Mobil Corp. met earnings estimates thanks to higher production from low-cost projects such as Guyana and the Permian, ...