Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project that’s ...

ExxonMobil, a leading United States oil company, has announced plans to expand drilling operations at the Ranger-1 discovery within the Stabroek Block, ...

These developments, completed at a scorching pace, underscore that the Stabroek Block is a trillion opportunity for Exxon, its partners and Guyana. In a stunning development, it took a mere four ...

Exxon’s claim of right-of-first-refusal to Hess’ 30% stake in Guyana’s Stabroek block is “baseless” and “without merit,” CEO John Hess said at a Goldman Sachs Group Inc. conference Jan. 7.

Exxon only roughly a week ago announced two additional oil discoveries in the world class 6.6-million-acre Stabroek Block offshore Guyana which now sees over 30 discoveries in that block alone.

The purchase of the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel by ExxonMobil Guyana Limited (EMGL), was recently completed for US$535 million, meaning that EMGL now directly ...

DSIC has launched the Errea Wittu FPSO, which will exploit ExxonMobil’s Uaru field on the prolific Stabroek block offshore ...

But this drastically changed in 2015 with the discovery of the Stabroek block off the coast of Guyana by a consortium led by the US multinational ExxonMobil. Guyana's oil boom has made the nation ...

Let’s look at the 2016 Exxon Production Sharing ... exploration in and outside the Stabroek block. 3. Continuing efforts by Guyana to appeal to the court of world public ...

Its most prized asset: the Stabroek offshore oil block, near the coasts of Guyana. The area has become ... A conflict is even playing out between ExxonMobil and Venezuela, since expropriations ...

Exxon Mobil Corporation’s XOM subsidiary, ExxonMobil Guyana, has acquired the floating production, storage, and offloading (FPSO) unit, Liza Destiny, from SBM Offshore. The purchase, valued at $535 ...