Exploration

ExxonMobil is moving ahead with the search for more hydrocarbons offshore Guyana where it has already found approximately 10 billion barrels of oil equivalent resources since making its first world-class discovery in 2015 at the Liza field. The Noble Don...

With the arrival of Liza Unity floating, production, storage and offloading (FPSO) unit, Guyana’s oil production is expected to triple by 2022 as the vessel is set to develop approximately 600 million barrels of oil. ExxonMobil Guyana in a statement...

Israeli oil and gas exploration company Ratio Petroleum Partnership on September 24 signed an agreement with the National Office for Hydrocarbons and Mines (Onhym) giving exclusive rights to research and explore gas or oil deposits in the Atlantic block...

The Guyana government said on Thursday the latest oil discovery announced by ExxonMobil at the Cataback-1 well further enhances the country’s offshore potential, and that it is working to ensure Guyanese enjoy maximum benefits from the rapidly growing hydrocarbon...

The light sweet crude being produced in Guyana is poised to help meet a rise in global energy demand which the U.S. Energy Information Administration (EIA) says could increase 47% in the next 30 years, driven by population and...

APA Corporation announced on Wednesday the results from appraisal drilling at Keskesi South-1 on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies, the operator, holding a 50% working interest. Keskesi South-1, drilled...

ExxonMobil recently submitted an application for environmental authorization to the Environmental Protection Agency (EPA) to proceed with a 12 well exploration campaign on the Kaieteur Block, Offshore Guyana. The company has already applied to the EPA for authorisation to...

CGX Energy Inc. said on Friday that well results so far from Kawa-1 are consistent with pre-drill expectations, signaling potential positive results from its first campaign offshore Guyana in over 9 years. “The well results thus far are consistent with...

Touchstone Exploration Inc. announced on Friday that it has completed drilling the Royston-1 exploration well and is pleased to announce that the well encountered substantial hydrocarbon accumulations based on drilling and wireline log data. Royston-1 was drilled to a total...

President of the Guyana Oil and Gas Energy Chamber (GOGEC), Manniram Prashad, said on Monday the organisation welcomes the comments made by President of ExxonMobil Guyana, Alistair Routledge, that by next year the company is moving almost all its...