Georgetown, Guyana – February 12, 2025 – At a media availability session held at ExxonMobil Guyana’s Duke Street office, company executives provided updates on key developments in Guyana’s oil and gas sector, emphasizing workplace safety, production milestones, and future exploration plans.
Commitment to Workplace Safety
ExxonMobil announced the launch of a new workplace safety initiative, which is being implemented across all its operations, including offshore drilling rigs and supply ships. The company underscored its zero-incident goal, ensuring that “nobody gets hurt” in its operations. The initiative represents ExxonMobil’s continued focus on risk mitigation, worker training, and operational efficiency as activity ramps up offshore.
500 Million Barrels Produced and a Decade of Oil in Guyana
ExxonMobil has surpassed 500 million barrels of oil production in Guyana, marking a significant milestone in the country’s energy sector. The company also highlighted that 2025 will mark the 10-year anniversary of Guyana’s major oil discovery, which has since propelled the nation into one of the fastest-growing oil producers in the world.
New Offshore Infrastructure to Support Operations
To support its growing operations in Guyana, ExxonMobil is advancing offshore infrastructure construction in Singapore, where modules for new offshore projects are being fabricated. These facilities will expand capacity, improve efficiency, and support upcoming drilling and production activities in Guyana’s exclusive economic zone.
Busiest Year Yet for Offshore Development
ExxonMobil is gearing up for its most active year to date, with a full schedule of offshore installations and operational expansions. The Uaru and Whiptail projects are set to play a crucial role in enhancing oil recovery and production efficiency. The company is investing heavily in infrastructure, ensuring continued growth and stability in Guyana’s energy sector.
Exploring Guyana’s Gas Potential
Looking ahead, ExxonMobil is embarking on a two-year exploration and appraisal program to assess Guyana’s non-associated gas resources. This move aligns with broader discussions on gas-to-energy projects, which could diversify the country’s energy mix and fuel economic development beyond crude oil exports.
Continued Investment and Development
Throughout the media session, ExxonMobil reaffirmed its long-term commitment to Guyana, emphasizing safety improvements, major production achievements, and sustained investments in infrastructure and exploration. As the nation solidifies its role as a key oil producer, ExxonMobil’s efforts to enhance operational safety, expand offshore facilities, and explore new energy opportunities will be instrumental in shaping Guyana’s energy future.
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