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Reckless oil sector narratives could harm negotiations with external groups – Jagdeo

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Guyana’s Vice President, Dr. Bharrat Jagdeo says reckless statements and distorted facts about the oil and gas sector not only place the country at risk of being a global laughingstock but could even harm negotiations with external groups. His position...
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Exxon’s expansion in Guyana is benchmark for investment prospects in other regions

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ExxonMobil seeks a combination of attractive geology, stable political conditions and the potential to minimise its carbon footprint in the production process, says its Exploration Chief John Ardill. Guyana, with its crown jewel - the Stabroek Block - has...
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Aker BP’s Øst Frigg Beta/Epsilon wildcat drilled to record 8,168 metres

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Norwegian oil company Aker BP has declared the recent Yggdrasil discovery to be Norway's longest-ever exploration well. This conclusion came after the Øst Frigg Beta/Epsilon wildcat well reached its target depth of 8168 metres, a record-breaking milestone that has...
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Guyana & Suriname to take center stage at Petroleum Engineering Conference

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The Latin America and the Caribbean Petroleum Engineering Conference (LACPEC) is set to highlight the new exploration frontiers - Guyana and Suriname - showcasing the region's advancements in the energy industry. The conference, renowned as the premier technical event...
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Exxon awaiting key documents to decide on Guyana bid round

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Vice President Dr. Bharrat Jagdeo committed that the Guyana government will provide vital documents, including the model petroleum agreements and the amendment to the Petroleum (Exploration and Production) Act, to investors ahead of the bidding deadline for oil blocks...
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Africa remains “super-important” region for Exxon – Exploration Chief 

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TotalEnergies and Shell Corp. have recently made some big oil strikes in Africa and ExxonMobil also has its eyes set on ramping things up on the continent. This is according to its Exploration Chief John Ardill in a recent...
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Halliburton launches EarthStar X Service

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Halliburton Company, a leading provider of oilfield services, has unveiled its latest innovation in drilling technology - the EarthStar® X near-bit shallow and ultra-deep resistivity service. This cutting-edge addition to the iStar® intelligent drilling and logging platform is set...
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With 10 FPSOs by decade’s end, Guyana eyes key partnerships to strengthen oil fund managers

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A recent meeting between Guyanese officials and the world’s wealthiest asset managers focused extensively on the nation’s interest in strengthening its financial systems and management capabilities, says Vice President, Dr. Bharrat Jagdeo. The chief policy maker for the oil sector...
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Essequibo businesses get training on Guyana’s landmark gas project

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Over 40 Guyanese living in the Essequibo region were exposed to everything Gas-to-Energy as the Centre for Local Business Development (CLBD) funded by the Greater Guyana Initiative (GGI) hosted a recent training exercise.  Held on June 6, the training covered...
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Hess says its Bakken rigs have been electrified

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In an environmental and cost-saving leap forward, Hess Corporation has announced that it successfully electrified its four drilling rigs in Bakken, North Dakota, replacing the traditionally used diesel fuel with electricity. The shift is projected to cut down greenhouse...
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GranMorgu development to also tap Baja discovery – TotalEnergies

TotalEnergies announced on Friday that it will leverage its GranMorgu development to also tap the Baja discovery in Suriname's...

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