29 C
Georgetown, Guyana
Tuesday, January 16, 2018
Home Tags Stabroek Block

Tag: Stabroek Block

Stabroek Block: Exploration Highlights

ExxonMobil initiated oil and gas exploration activities in Guyana in 2008, collecting and evaluating 3-D seismic data that led to the company safely drilling its...

Hess Corporation expects significant returns on Guyana investment

The announcement by ExxonMobil Corporation on Friday of a 6th oil discovery off the coast of Guyana has further cemented the view that investment...

At over 30,000 feet Ranger-1 is deepest drilling exercise ever conducted...

The successful foray by ExxonMobil into the Ranger-1 reservoir offshore Guyana saw the deepest drilling exercise to date some 60 miles north west of...

Supermajors cautious on exploration; cut spending on O&G for 5th consecutive...

ExxonMobil, along with other world leading oil exploration companies including Royal Dutch Shell and Total are slowing down exploration efforts despite there being the...

Partners fast-tracking second Liza FPSO

ExxonMobil is fast-tracking a second floater project for Guyana’s Liza area development amid suggestions that the next unit will be significantly larger than the...

Hess sees Guyana as “growth engine”, sets aside billions to prefund...

In a presentation at the Bank of America Merrill Lynch 2017 Global Energy Conference on Thursday, Hess Corporation (NYSE:HES) Chief Executive Officer John Hess, disclosed a number of steps the...

Exxon successfully spuds Ranger-1

ExxonMobil began exploratory drilling operations at the Ranger-1 well site in the Stabroek Block, offshore Guyana on Friday. The Ranger-1 drill site is located approximately...

Hess suffers $624M loss in 3rd quarter 2017

Hess Corporation (NYSE: HES) today reported a net loss of $624 million, or $2.02 per common share, in the third quarter of 2017 compared...

Further drilling will determine size of Turbot discovery – ExxonMobil

US super-major ExxonMobil will move to drill a second well on the Turbot discovery next year which will help to determine the volume of...

Exxon continues drilling foray offshore Guyana with new campaign at Ranger-1

Following oil discoveries at the Liza, Payara and Snoek reservoirs from 2015 to present, ExxonMobil and its Joint Venture partners Hess and CNOOC Nexen will...

MOST POPULAR

HOT NEWS