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.

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

Oil-producing African countries have increased their crude production quota, now accounting for 35 per cent of newly discovered oil reserves in 2024, a substantial rise from just seven per cent in ...

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 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 ...

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 ...