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Marine robotics company secures contract with Exxon for Stabroek Block survey

Ocean Infinity, a next generation subsea marine robotics company, has been awarded a contract with ExxonMobil, for high-resolution Autonomous Underwater Vehicle (AUV) geophysical and geotechnical...

Liza field leading investments at prolific Stabroek Block

Capital expenditure by project offshore Guyana sees the Liza field at the 6.6 million acres Stabroek Block leading the pack through 2030 having already...

Oil companies set to spend over US$53 billion at Stabroek Block in coming decade...

Recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in resource estimates, drawing extra attention to...

Still early days to determine full volume of gas at Stabroek Block – Dr....

As discussions continue in the South American country of Guyana on the prospect of bringing gas to shore, the country’s Department of Energy said...

Potential grows for more than 5 FPSOs at prolific Stabroek Block

With the gross recoverable resource estimate now above 8 billion barrels of oil equivalent at the Stabroek Block, co-venturers ExxonMobil, Hess and CNOOC are...

Tanker departs Stabroek Block with first 1 million barrels of Liza crude

The first oil tanker to lift crude from the prolific Stabroek Block offshore Guyana departed the country’s waters on Monday with the first 1...

Tanker to soon lift first one million barrels of oil from Stabroek Block

The Yannis P – a Marshall Islands registered crude oil tanker will soon lift the first one million barrels of crude from the Stabroek...

Stabroek Block and the Liza oil field

Spread over 26,800km² in Guyana’s offshore waters, the Stabroek Block is estimated to contain more than six billion barrels of oil equivalent as of...

Finding oil near prolific Stabroek block is positive sign – analysts

Three discoveries have been made outside the Stabroek Block offshore Guyana, the most recent being Carapa-1 where Repsol and its partners encountered just around...

Stabroek Block, Santos Basin set to add over 2.5 million b/d production by 2025...

The prolific Stabroek Block offshore Guyana and neighbouring Brazil’s Santos Basin will add millions of barrels of oil to global production by 2025, industry...