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Guyana’s economic transformation is advancing at a strong pace,” an International Monetary Fund (IMF) team said in its ...

An International Monetary Fund (IMF) staff team, led by Ms. Alina Carare and Ms. Lusine Lusinyan, held discussions virtually and in Georgetown for the 2025 Article IV Consultation during February ...

Guyana’s President, Irfaan Ali on Saturday said his country has put its international partners on standby after a Venezuelan military patrol vessel informed floating production storage and offloading ...

FPSO One Guyana is finalizing commissioning, targeting first oil in the second half of 2025. FPSO Jaguar's hull arrived in Singapore for further work, with first oil planned for 2027. FSO Trion ...

ExxonMobil Guyana let a deepwater 4D ocean bottom node (OBN) reservoir surveillance program to Shearwater Geoservices AS. Under the award, Shearwater will begin a 6-month survey starting in first ...

Woodside has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project.The Sangomar Field Development Phase 1 is a ...

Also, the fourth FPSO to be operated by an ExxonMobil-led consortium in Guyana is on its way to the South American country’s waters from Singapore. The One Guyana FPSO will be followed by two ...

This was partly offset by FPSO Liza Unity only contributing in 2024 as an operating contract following the purchase of the unit by ExxonMobil Guyana at the end of 2023. Directional EBITDA amounted to ...

First, FPSO Alexandre de Gusmão which sailed-away at the end of 2024, followed by FPSO ONE GUYANA. These three units have a combined capacity of 655,000 barrels of oil per day. With these ...

Petróleo Brasileiro S.A. - Petrobras PBR has started oil production from its deepwater project offshore southeast Brazil with its largest floating production, storage, and offloading (FPSO ...

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