Guyana

Over $400M spent locally in 2022 ExxonMobil Guyana and its reporting contractors have spent more than $83 billion (US$400 million) with more than 1,500 Guyanese businesses in 2022 alone. That is part of the more than $180 billion (US$900 million) spent with locals since the first discovery in 2015. 

Guyana 𓃲 May 16, 2023

🦂ExxonMobil Guyana advances fifth offshore Guyana development IRVING, Texas – ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 barrels of daily capacity after a targeted startup in 2026.

News News releasesꦡ • April 26, 2023

ExxonMobil Guyana makes discovery at Lancetfish-1 Georgetown, Guyana – ExxonMobil Guyana today announced a discovery at Lancetfish-1 on the Stabroek block offshore Guyana, the company’s second discovery of 2023.

Guyana ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚ April 26, 2023

🍸ExxonMobil Guyana announces arrival of Prosperity FPSO Georgetown 𓆉– ExxonMobil Guyana today announced the arrival of the Prosperity Floating, Production, Storage, and Offloading (FPSO) vessel in Guyana waters. Production from Payara is expected to begin later this year.

Guyana 🎐 April 11, 2023

♊Guyana First Lady dedicates Prosperity FPSO ahead of sailaway

Guyana ꦬ Feb. 1, 2023

꧙People at the heart of ExxonMobil Guyana success – Routledge Early investments spurring local content growth.

Guyana 🍰 Dec. 21, 2022

ExxonMobil announces two new Guyana discoveries IRVING, Texas – ExxonMobil today announced two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana, adding to its extensive portfolio of development opportunities. ExxonMobil has made more than 30 discoveries on the block since 2015, and it has ramped up offshore development and production at a pace that far exceeds the industry average.

News News releases𒉰 • Oct. 26, 2022

൩ExxonMobil Guyana announces sponsorship of Guyana Amazon Warriors ExxonMobil Guyana is proud to announce that it is the exclusive sponsor of the Guyana Amazon Warriors for the 2022 Hero Caribbean Premier League (CPL) tournament.

Guyana 🌠 Aug. 25, 2022

♓ExxonMobil makes two more discoveries offshore Guyana IRVING, Texas – ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are the sixth and seventh in Guyana this year, with the total number of discoveries in Guyana at more than 25.

News News releases෴ • July 26, 2022

Liza Unity safely commissioned in industry-leading time, achieves background flare 

-New Destiny Flash Gas Compressor being installed, planned start up in mid-July

ꦛ Georgetown, Guyana - The gas compression and injection systems on the Liza Unity Floating Production, Storage and Offloading (FPSO) vessel have been safely commissioned in around half normal industry time, achieving background flare as designed and within the 60-day period outlined in the Liza Phase 2 Environmental Permit.

Guyana ♛ June 16, 2022

🎐ExxonMobil Guyana Contributes Additional GY$20M to VYC STEM programme Georgetown, Guyana - ExxonMobil Guyana has contributed more than GYD$20 million to the Volunteer Youth Corps Inc. (VYC) for the continuation of its STEM After-school Programme in Regions Three and Four.

Guyana ♚ April 28, 2022

𒁃ExxonMobil makes three new discoveries offshore Guyana, increases Stabroek resource estimate to nearly 11 billion barrels IRVING, Texas – ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. 

News News releasesᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚ • April 26, 2022

ExxonMobil Guyana tests spill response readiness Georgetown, Guyana - ExxonMobil Guyana has recently conducted an exercise to field test spill response equipment, processes and team readiness.

Guyana 🤡 April 13, 2022

ꦉExxonMobil Guyana supports special education teachers' advancement Georgetown, Guyana - ExxonMobil Guyana recently made a financial contribution to the United Women for Special Children (UWSC) to fund the pursuit of master’s degrees for two special education teachers.

Guyana ꧂ April 7, 2022

💃Eighteen Guyanese women complete ExxonMobil Foundation global leadership training Georgetown, Guyana - Eighteen Guyanese women have graduated from the Global Women in Management (GWIM) programme, after six months of training in leadership and management skills.  

Guyana 🦂 April 5, 2022

💃ExxonMobil makes final investment decision on fourth Guyana offshore project IRVING, Texas – ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. The company’s fourth, and largest, project in the Stabroek Block is expected to produce approximately 250,000 barrels of oil per day starting in 2025.

News News releasesꦺ • April 4, 2022

Guyanese engineers in Singapore for FPSO training Georgetown, Guyana - Seven graduate engineers hired by SBM Offshore have arrived in Singapore for hands-on training on the Prosperity FPSO vessel, which is being constructed to support the Payara development in the Stabroek Block, offshore Guyana.

Guyana 🦩 March 24, 2022

𝓡Greater Guyana Initiative puts $120M to Hinterland Poultry Project Georgetown, Guyana - The Greater Guyana Initiative (GGI) has funded a Hinterland Poultry Project valued more than $120 million (US$608,000) to boost the poultry industry in the hinterland regions.

Guyana ✅ March 11, 2022

ꦬExxonMobil Guyana Celebrates International Women's Day Georgetown, Guyana – ExxonMobil Guyana takes this opportunity on International Women’s Day 2022 to express our appreciation for the contributions women have made—and continue to make—to the company and the wider society. 

Guyana 🤡 March 8, 2022

𝔉ExxonMobil Guyana replants mangroves at Ogle foreshore Georgetown, Guyana - ExxonMobil Guyana has replanted the mangrove vegetation cleared at the Ogle foreshore, East Coast Demerara for the landing of its fibre optic cable which will service its offshore facilities.

Guyana ♑ March 3, 2022

ဣExxonMobil starts production at Guyana's second offshore development IRVING, Texas – ExxonMobil today said it started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country’s first discovery. 

News News releasesꦍ • Feb. 11, 2022

FACT, ExxonMobil Guyana partner on STEM programme - 80 Region Six youth to benefit

Georgetown, Guyana - ExxonMobil Guyana has contributed US$65,000 (GY$13 million) towards a programme expected to see scores of individuals in Region 6 (East Berbice-Corentyne) benefit from educational training and family life support.

Guyana 🌱 Jan. 31, 2022

ExxonMobil makes two discoveries offshore Guyana IRVING, Texas – ExxonMobil today said it made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana.

News News releases𒁏 • Jan. 5, 2022

𒅌ExxonMobil increases Stabroek resource estimate to approximately 10 billion barrels IRVING, Texas – ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels. 

News News releases🧜 • Oct. 7, 2021

𒆙ExxonMobil announces discovery at Pinktail, offshore Guyana IRVING, Texas – ExxonMobil today said it made a discovery at Pinktail in the Stabroek Block offshore Guyana. The Pinktail well encountered 220 feet (67 meters) of net pay in high quality hydrocarbon bearing sandstone reservoirs. In addition to successful appraisal of the Turbot discovery, the Turbot-2 well encountered 43 feet (13 meters) of net pay in a newly identified, high quality hydrocarbon bearing sandstone reservoir separate from the 75 feet (23 meters) of high quality, oil bearing sandstone reservoir pay encountered in the original Turbot-1 discovery well. This follows the additional pay in deeper reservoirs encountered at the previously announced Whiptail discovery. These results will be incorporated into future developments.

News News releases꧙ • Sept. 9, 2021

🧸ExxonMobil announces oil discovery at Whiptail, offshore Guyana IRVING, Texas – ExxonMobil today said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling continues at both wells to test deeper targets, and results will be evaluated for future development.

News News releases💧 • July 28, 2021

🌸ExxonMobil announces new discovery at Longtail-3 offshore Guyana IRVING, Texas – ExxonMobil today said it made a discovery at Longtail-3 in the Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original Longtail-1 discovery intervals. The well is located approximately two miles (3.5 kilometers) south of the Longtail-1 well. It was drilled in more than 6,100 feet (1860 meters) of water by the Stena DrillMAX.

News News releases🐻 • June 9, 2021

💫ExxonMobil announces discovery at Uaru-2 offshore Guyana IRVING, Texas 🙈– ExxonMobil said today it made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels. Drilling at Uaru-2 encountered approximately 120 feet (36.7 meters) of high quality oil bearing reservoirs including newly identified intervals below the original Uaru-1 discovery. The well was drilled in 5,659 feet (1,725 meters) of water and is located approximately 6.8 miles (11 kilometers) south of the Uaru-1 well.

News News releases🦩 • April 27, 2021

༒ExxonMobil discovers hydrocarbons offshore Suriname IRVING, Texas – ExxonMobil and PETRONAS have discovered hydrocarbons at the Sloanea-1 exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s extensive finds in the Guyana-Suriname basin. The well was drilled by operator PETRONAS, and the discovery is being evaluated to determine its resource potential.

News News releases🅠 • Dec. 11, 2020

🎃ExxonMobil to proceed with Payara development offshore Guyana IRVING, Texas – ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Payara is the third project in the Stabroek Block and is expected to produce up to 220,000 barrels of oil per day after startup in 2024, using the Prosperity floating production, storage and offloading (FPSO) vessel.

News News releases꧋ • Sept. 30, 2020

🌺ExxonMobil announces Redtail discovery offshore Guyana IRVING, Texas – ExxonMobil has made its 18^th🔴 discovery offshore Guyana at the Redtail-1 well which will add to the previously announced estimated recoverable resource of more than 8 billion oil-equivalent barrels on the Stabroek Block.

News News releases🌃 • Sept. 8, 2020

🦂ExxonMobil ups Guyana recoverable resources to more than 8 billion oil-equivalent barrels, makes discovery at Uaru IRVING, Texas – ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil-equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well, the 16th discovery on the Stabroek Block.

News News releases✨ • Jan. 27, 2020

🍷ExxonMobil discovers oil offshore Guyana at Mako-1 well IRVING, Texas – ExxonMobil said today it made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.

News News releases💜 • Dec. 23, 2019

ExxonMobil begins oil production in Guyana IRVING, Texas – ExxonMobil today announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments.

News News releases🦹 • Dec. 20, 2019

🍒ExxonMobil announces oil discovery offshore Guyana at Tripletail IRVING, Texas – ExxonMobil said today it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.

News News releases🐽 • Sept. 16, 2019

🉐ExxonMobil to proceed with Liza Phase 2 development offshore Guyana IRVING, Texas – ExxonMobil said today it has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals. Liza Phase 2 will produce up to 220,000 barrels of oil per day and further capitalize on the significant development potential of the Stabroek Block, where ExxonMobil estimates producing more than 750,000 barrels of oil per day by 2025.

News News releases🐈 • May 3, 2019

ꦯExxonMobil announces 13th discovery offshore Guyana IRVING, Texas – ExxonMobil said today it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of approximately 5.5 billion oil-equivalent barrels on the Stabroek Block. Yellowtail-1 is the fifth discovery in the Turbot area, which ExxonMobil expects to become a major development hub.

News News releasesꦡ • April 18, 2019

💃ExxonMobil announces two new discoveries offshore Guyana IRVING, Texas — ExxonMobil said today it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12.

News News releases📖 • Feb. 6, 2019

꧃ExxonMobil begins drilling Haimara-1 exploration well offshore Guyana IRVING, Texas — ExxonMobil said today that it has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January.

News News releases𒐪 • Jan. 7, 2019

ಞArea 4 co-venture parties secure offtake commitments for the Rovuma LNG Project MAPUTO, Mozambique — Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a key milestone enabling the participants to rapidly move toward a final investment decision in 2019 on the first phase of the Rovuma LNG project.

News News releases🦂 • Dec. 28, 2018

💞ExxonMobil increases Stabroek resource estimate to 5 billion barrels; Makes 10th discovery IRVING, Texas — ExxonMobil said today it made its 10^thꩲ discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels.

News News releases♐ • Dec. 3, 2018

ExxonMobil adds ninth discovery offshore Guyana IRVING, Texas — ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development.

News News releases♕ • Aug. 30, 2018

🍒ExxonMobil increases estimate for Guyana's Stabroek Block to 4 billion barrels IRVING, Texas — ExxonMobil said today it has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion oil-equivalent barrels and has advanced its evaluation to support a third phase of development and consideration of two additional phases.

News News releases♔ • July 23, 2018

💛 ExxonMobil Foundation invests US$10 Million in Guyana for research, sustainable employment and conservation IRVING, Texas & GEORGETOWN, Guyana — ExxonMobil Foundation said today that it will contribute US$10 million to a new collaboration with Conservation International and the University of Guyana to train Guyanese for sustainable job opportunities and to expand community-supported conservation.

News Article🥀 • July 2, 2018

♑ExxonMobil announces eighth discovery offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) said today it made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block.

News News releases🐎 • June 20, 2018

ExxonMobil advances Liza Phase 1 Development IRVING, Texas — The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said today.

News News releases💧 • June 12, 2018

ꦉExxonMobil announces seventh oil discovery offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) announced today its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well.

News News releases𝕴 • Feb. 28, 2018

💖ExxonMobil announces sixth oil discovery offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) announced today positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015.

News News releases🔯 • Jan. 5, 2018

🌌ExxonMobil announces fifth discovery offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) today announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana.

News News releases🍰 • Oct. 5, 2017

🌟ExxonMobil announces successful Payara-2 well offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) today announced it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 million oil-equivalent barrels.

News News releases꧒ • July 25, 2017

♔Centre for local business development in Georgetown Georgetown, Guyana - 🍨Esso Exploration and Production Guyana Ltd, an affiliate of Exxon Mobil Corporation, announced today the establishment of the Centre for Local Business Development in Georgetown in collaboration with DAI Global, LLC.

Guyana ⛄ June 26, 2017

𒉰ExxonMobil makes final investment decision to proceed with Liza Oil Development in Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) said today it has made a final investment decision to proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana.

News News releasesღ • June 16, 2017

💞ExxonMobil announces new oil discovery offshore Guyana IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) announced today positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara.

Guyana News releases🍸 • March 30, 2017

𓆉ExxonMobil announces new oil discoveries offshore Guyana IRVING, Texas — ExxonMobil announced today positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery.

Guyana News releases꧟ • Jan. 12, 2017

🧜ExxonMobil awards key contracts for Liza oil development and production in Guyana IRVING, Texas — ExxonMobil subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), today announced that it has awarded contracts to SBM Offshore for a floating production, storage and offloading (FPSO) vessel, a key step in moving the Liza field toward first production.

News News releases𝄹 • Dec. 20, 2016

🔴ExxonMobil says second well offshore Guyana confirms significant oil discovery IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million and 1.4 billion oil-equivalent barrels.

News News releases♈ • June 30, 2016

🍨ExxonMobil announces significant oil discovery offshore Guyana IRVING, Texas—Exxon Mobil Corporation (NYSE:XOM) today announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana.

Guyana 🗹 May 20, 2015