A joint venture involving ExxonMobil and Hess Corporation begins oil production in Guyana's Stabroek Block, with a vessel journey originating from Singapore.

The entities involved

• Singapore →

  sovereign island country and city-state in maritime Southeast Asia

  • The Parliamentary Budget Officer notes that separating capital expenditure (capex) and operational expenditure (opex) is a common practice.Mon 17:41
  • Bird species typically found in Java.Mon 17:13
• Guyana →

  country in South America

  • Cuba faces international pressure regarding its political system, and Guyana expresses solidarity regarding Cuba's challenges.Mon 17:45
  • A tragedy occurred in Mahdia, exposing deep-rooted systemic governance failures within Guyana.Mon 17:37
• ExxonMobil →

  American multinational oil and gas corporation

  • ExxonMobil, Berkshire Hathaway, and Eli Lilly are top holdings in the Avantis ETF.Mon 17:18
  • ExxonMobil will operate an unconventional hydrocarbon project in Azerbaijan, following an announcement by Rovshan Najaf.Mon 15:01
• Hess Corporation →

  American global energy company

  Nothing else this week.

Related events

• ExxonMobil operates in Stabroek Block off Guyana, while Christopher Ram analyzes the revenue generated from the oil operations.Aug 28
• ExxonMobil is drilling exploration wells in Guyana's Stabroek Block, while Guyana's maritime body issues instructions to mariners.Jun 23
• A 30% stake in Guyana's offshore Stabroek Block is noted. Higher oil prices are increasing free cash flow, while ongoing conflict in Iran impacts this flow.Aug 1
• A vessel constructed in Singapore is being used in Ghana, and it is powered by Cummins engines.Sep 7
• ExxonMobil is seeking to unlock Trinidad’s offshore potential, using Guyana’s successful oil drilling operations as a blueprint.Jun 7