Guyana newsroom
News articles
Daily oil production hits 900,000 barrels in Guyana's Stabroek block
- Guyana’s crude oil production hits new milestone following the ramp-up of Yellowtail to full capacity.
- Excellent operational performance is contributing to this milestone.
- Production capacity from eight developments is expected to reach 1.7 million barrels of oil by 2030.
News
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2 min read
• Nov. 12, 2025
ExxonMobil Guyana expands capacity with seventh offshore development
- Hammerhead project receives government approvals; production expected to begin in 2029.
- Seventh Stabroek block development will have the capacity to produce approximately 150,000 barrels of oil per day (bopd), bringing total installed capacity on the block to 1.5 million bopd.
- US$6.8 billion of additional investment in Guyana’s growing economy.
News releases
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3 min read
• Sept. 22, 2025
ExxonMobil Guyana deepens commitment to local content and workforce development
- GY$87B spent with 1,800 local vendors.
- 6,200 Guyanese employed, representing 70% of the workforce.
- Greater than 370,000 training hours boost local capabilities.
News
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2 min read
• Sept. 17, 2025
ExxonMobil Guyana begins production at fourth offshore Guyana project
- Yellowtail brings Guyana’s total installed capacity to above 900,000 barrels of oil per day (bopd).
- Largest Guyana development to date with an initial annual average production of 250,000 bopd.
- Startup achieved four months ahead of schedule, demonstrating industry-leading project execution.
News releases
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3 min read
• Aug. 8, 2025
Guyana 2024 Annual Report
Report
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June 10, 2025
ExxonMobil in Guyana