{"id":287387,"date":"2025-08-11T10:34:21","date_gmt":"2025-08-11T14:34:21","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/exxonmobil-guyana-launches-its-fourth-offshore-oil-development\/"},"modified":"2025-08-11T15:52:11","modified_gmt":"2025-08-11T19:52:11","slug":"exxonmobil-guyana-launches-its-fourth-offshore-oil-development","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/exxonmobil-guyana-launches-its-fourth-offshore-oil-development\/","title":{"rendered":"ExxonMobil Guyana launches its fourth offshore oil development"},"content":{"rendered":"\n<p>ExxonMobil Guyana <strong>has started production at Yellowtail<\/strong>, its fourth project on the Stabroek <strong><a href=\"https:\/\/inspenet.com\/en\/news\/new-wave-offshore-energy-leads-the-marine-assurance-study-for-the-whiptail-project\/\" data-type=\"link\" data-id=\"https:\/\/inspenet.com\/noticias\/new-wave-supervisara-el-proyecto-whiptail\/\" target=\"_blank\" rel=\"noreferrer noopener\">Stabroek block<\/a><\/strong>block, reinforcing its deepwater presence and adding operational capacity to the country.<\/p>\n\n<p>On <strong><a href=\"https:\/\/inspenet.com\/en\/news\/guyana-boosts-its-oil-development-with-the-arrival-of-the-fpso-one-guyana\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/inspenet.com\/noticias\/fpso-refuerza-produccion-petrolera-en-guyana\/\" rel=\"noreferrer noopener\">FPSO ONE GUYANA<\/a><\/strong>a floating production, storage and offloading unit, is now operational. <strong>This vessel becomes the largest in the Stabroek block<\/strong>, with an initial capacity of 250,000 barrels of oil per day and space to store up to two million barrels. The crude oil extracted will be marketed under the name <em>Golden Arrowhead<\/em>. <\/p>\n\n<h2 class=\"wp-block-heading\">Four developments in five years<\/h2>\n\n<p>With Yellowtail, ExxonMobil manages to connect four projects in just five years: Destiny, Unity, Prosperity and now ONE GUYANA.  <\/p>\n\n<p>This speed of execution has been possible thanks to efficient coordination between the company, its partners Hess Guyana Exploration and CNOOC Petroleum Guyana, and a broad participation of Guyanese companies and workers.<\/p>\n\n<h2 class=\"wp-block-heading\">Projection to 2030<\/h2>\n\n<p>By the end of the decade, total production capacity in the Stabroek block is expected to reach 1.7 million barrels of oil equivalent per day.  <\/p>\n\n<p>This growth is supported by a combination of deepwater technology, resource management and an ongoing development strategy that has at least four more projects in the pipeline.<\/p>\n\n<h2 class=\"wp-block-heading\">Local and regional impact of production at Yellowtail<\/h2>\n\n<p>More than 67% of the workforce in the Guyanese oil sector <strong><a href=\"https:\/\/inspenet.com\/video-tv\/fpso-one-guyana-impulsa-produccion-petrolera\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/inspenet.com\/video-tv\/fpso-one-guyana-impulsa-produccion-petrolera\/\" rel=\"noreferrer noopener\">Guyanese oil sector<\/a><\/strong> participates in these operations, and more than 2,000 local companies are directly or indirectly linked to the project. This collaboration has generated a network of suppliers and services that strengthens the national economy. <\/p>\n\n<p>The early launch of <strong><a href=\"https:\/\/corporate.exxonmobil.com\/locations\/guyana\/operations\/guyana-project-overview#DiscoveriesintheStabroekBlock\" data-type=\"link\" data-id=\"https:\/\/corporate.exxonmobil.com\/locations\/guyana\/operations\/guyana-project-overview#DiscoveriesintheStabroekBlock\" target=\"_blank\" rel=\"noreferrer noopener\">Yellowtail<\/a><\/strong> implies more production and reflects the ability to execute complex developments in challenging conditions, while maintaining schedules and budgets. A breakthrough that consolidates Guyana as a key player on the global energy map. <\/p>\n\n<p><strong>Source and photo: <a href=\"https:\/\/corporate.exxonmobil.com\/news\/news-releases\/2025\/0808_exxonmobil-guyana-begins-production-at-fourth-offshore-guyana-project#ExxonMobilGuyanastartedproduction\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/corporate.exxonmobil.com\/news\/news-releases\/2025\/0808_exxonmobil-guyana-begins-production-at-fourth-offshore-guyana-project#ExxonMobilGuyanastartedproduction\" rel=\"noreferrer noopener\">ExxonMobil<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FPSO ONE GUYANA is the largest in the Stabroek block, with initial capacity of 250,000 barrels per day and storage of two million.<\/p>\n","protected":false},"author":9014,"featured_media":287050,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-287387","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/287387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/9014"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=287387"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/287387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/287050"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=287387"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=287387"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=287387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}