ExxonMobil halted production at the Liza Unity FPSO in Guyana’s Stabroek block after a small fire. Oil and gas operations will restart after required checks are completed.
MODEC’s FPSO Errea Wittu has arrived in Guyana, marking the company’s first FPSO in the country. MODEC will also provide operations and maintenance services for the vessel.
Boskalis has prepared BOKA Sub C in Spain for a new FPSO hook-up assignment off Guyana after crane and thruster overhauls and a DP3 system upgrade.
ExxonMobil has proposed a 35-well exploration and appraisal drilling campaign in Guyana’s Stabroek block, with operations planned from 2028 through 2033.
ExxonMobil Guyana Limited is continuing development drilling at the Uaru Project’s UA_4P04 drill center offshore Guyana, with the MODU Noble Tom Madden scheduled to remain on location until 30 April 2026.
ExxonMobil advances offshore drilling in Nigeria and Guyana, awarding a Nigeria drillship contract and extending four Guyana drillship agreements through February 2029.
The EIA’s December outlook projects global crude supply up about 800,000 bpd in 2026, with Brazil, Guyana and Argentina providing nearly half of the increase as non-OPEC production continues to expand.
Guyana has signed a five-year production sharing agreement with TotalEnergies, QatarEnergy and Petronas for offshore Block S4, the first contract concluded after the 2023 tender that allocated eight of 14 shallow-water and deep-water blocks.
