ExxonMobil has announced a “significant” oil discovery at the Whiptail field off Guyana.
I took part recently in the fourth annual Aberdeen Guyana Gateway event hosted by Granite PR, Brett Jackson’s public relations firm, which brought together some of the key players in that country and its developing oil industry.
ExxonMobil has drilled a disappointing well offshore Guyana that failed to encounter commercial hydrocarbons.
An international networking event focused on exploring business opportunities in Guyana has attracted record levels of interest.
Petronas and Hess have agreed amendments to an existing upstream gas sales agreement for fields offshore Malaysia that cements the value of the US-based company’s North Malay Basin assets. This makes any potential divestment process easier as Hess focuses on its prolific acreage offshore Guyana.
ExxonMobil today said it made a discovery at Longtail-3 in the Stabroek Block offshore Guyana.
A global financial institution has forecasted that Guyana’s economy will be among the frontrunners for growth this year.
Exxon Mobil snapped a record streak of losses as rising oil and natural gas prices bolstered one of the biggest dividends in the S&P 500 Index.
ExxonMobil has announced a discovery at the Uaru-2 well off Guyana, taking resources in the region beyond the already massive estimate of nine billion barrels.
The first shipment from new oil producer Guyana to the world's third-largest crude importer, India, departed this month from the South American nation in a ship chartered by trader Trafigura, data from Refinitiv Eikon showed on Tuesday.
Ineos has announced a $150million (£108m) deal to buy the oil and gas assets of Hess Corporation in Denmark.
ExxonMobil’s Bulletwood-1 well offshore Guyana found reservoirs but no commercial hydrocarbons.
An Aberdeen-based drilling contractor has launched a petition urging the UK Government to give oil workers returning from overseas a full quarantine exemption.
SBM Offshore had a tough year, increasing its dividend by 10%, while cutting around 600 jobs.
The Guyana-Suriname basin is helping drive a “surge” of oil rig demand in South America, bucking the global trend of depressed activity, according to new analysis.
Namibia and Guyana-focused explorer Eco Atlantic has announced a move into renewables, in southern Europe.
IHS Markit expects companies to drill 38 high impact wells this year.
Norway’s TMC Compressors will provide a complete offshore topside compressed air system to the Bonga Main vessel offshore Nigeria.
ABIS Energy is passionate about Guyana. We have been engaged with the Guyana economy for the past 4 years and foresee a bright future.
Fugro has clinched a contract with Malaysian oil firm Petronas for positioning services for an exploration programme in the Guyana-Suriname Basin.
Guyana is the world’s most exciting frontier oil and gas exploration area. There’s a lot of oil, it’s good quality and it’s relatively cheap to produce. It has attracted a host of major players, including Hess, CNOOC, Total, Repsol, Qatar Petroleum, Tullow and, above all, ExxonMobil.
Petronas has made a first discovery offshore Suriname, in Block 52, at the Sloanea-1 exploration well.
Oil companies are on track to discover 10 billion barrels this year, despite the coronavirus pandemic temporarily halting exploration activity this spring, according to Rystad Energy.
The Tanager 1 well is a non-commercial discovery, on a standalone basis.
Dutch shipbuilder SBM Offshore has seen underlying revenues increase by 16% thanks to major orders for FPSO vessels in Guyana.