LATEST ARTICLES

BREAKING: Exxon strikes oil at Tripletail offshore Guyana

ExxonMobil said today it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery...

Harvey Gulf crew boat will arrive in Guyana soon to support Repsol drill campaign

US-based Harvey Gulf International Marine is deploying a second vessel to Guyana to support offshore exploration activities in South America’s newest oil and gas...

G-Boats, SRSGY train 26 more Guyanese for offshore placements

More and more Guyanese are entering the world of work in Guyana’s emerging oil and gas industry, even as the debate over the proposed...

Oil price spike after Saudi attack likely short-lived – Rystad Energy

In an update to clients after the biggest attack on oil infrastructure since the Gulf War, Bjørnar Tonhaugen, head of oil market research at...

Tullow makes second discovery offshore Guyana

Tullow Oil plc (Tullow) announces that the Joe-1 exploration well has successfully opened a new Upper Tertiary oil play in the Guyana basin. This...

Investment, depletion and consumption of Guyana’s oil revenues

Full national considerations are also relevant to a depletion policy of a country’s petroleum resources. Security of oil supplies must be a consideration in...

ExxonMobil-led consortium wins 3 Brazil deepwater blocks

An international consortium led by Exxon Mobil Corporation XOM was the main bidder for three ultra-deepwater oil and natural gas units off the coast of Sergipe...

USGS will reassess Guyana-Suriname basin in 2020 following multi-billion-barrel discoveries by ExxonMobil

The US Geological Survey (USGS) is looking to reassess its estimated petroleum reserves in the Guyana-Suriname basin which could see its previous estimate of...

U.S. natural gas price will fall to levels not seen since 1970s – IHS...

A persistent oversupply of natural gas will drive the 2020 average price at the Henry Hub down (in real terms) to a level not...

ExxonMobil plugs more support into youth innovation and creativity

In its continued effort to support the advancement of STEM—Science, Technology, Engineering, Mathematics—education, ExxonMobil Guyana has provided funding which has enabled six secondary schools...