Like It or Not, Deepwater Oil and Gas Holds the Key to Energy Transition
Developments in deepwater oil and gas play a critical role in the quest to transition to cleaner energy.
TechnipFMC Awarded Subsea Production System Contract
TechnipFMC will supply Esso Exploration and Production Guyana with a subsea production system for use in the Uaru project.
Exxon, Hess Take $12.7 Billion FID for Uaru Development Offshore Guyana
Exxon Mobil, Hess and CNOOC made a $12.7 billion FID for the Uaru development in Guyana’s Stabroek Block, their fifth project offshore the small South American country.
Hess’ Guyana Assets Set to Dethrone Bakken Around 2025
Hess Corp.’s new assets offshore Guyana are on track to dethrone its Bakken shale assets around 2025 to become the New York-based company’s top North American producing asset.
Guyana Eyes Five Years of Consecutive Double-digit GDP Growth
Guyana is on track to achieve five consecutive years of double-digit economic growth while its peers, and the rest of the world, remain stuck in the single-digits, according to a new study by the International Monetary Fund.