ExxonMobil contractor SBM Offshore signed EnerMech to carry out pre-commissioning work on the One Guyana FPSO, which is set to arrive in Guyanese waters this year.

Africa is fast developing as a prevailing player in the global oil market, with 2024 being a watershed moment in the ...

Suriname's oil and gas sector is experiencing a surge in investment and exploration, with major projects and significant ...

Africa accounted for 35 percent of the newly discovered oil reserves in 2024, however, Nigeria was absent from the findings.

ExxonMobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian Basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...

The boundary controversy was inherited from the colonial powers (Spain in the case of Venezuela, and the Netherlands and the United Kingdom in the case of Guyana) and has persisted following the ...

Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...

Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...

Exxon Mobil said Friday that excluding one-time charges and benefits, earnings rose $1.6 billion due to growth on record production in Guyana, in South America, and in America's Permian basin ...