Discoveries

Guyana’s oil growth stands out as global high-impact exploration hits record low – Westwood

Guyana’s rapid offshore production growth is unfolding against a more cautious global exploration backdrop, with Westwood Global Energy Group reporting that high-impact exploration drilling...

Petronas makes another discovery in gas-rich Block 52

President of Suriname, Jennifer Geerlings Simons moments ago said Petronas informed her just this morning that it made another discovery at Block 52. Simons made...
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Petrobras confirms new pre-salt oil discovery in Campos Basin offshore Brazil

Brazilian state-controlled energy company Petrobras has confirmed a new pre-salt oil discovery in the Campos Basin offshore Brazil, located...

Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The...

Russia strikes black gold off British Antarctic coast, 511 billion barrels worth 

(Yahoo News, May 13, 2024): Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading...

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...

Exxon makes new discovery at Bluefin off Guyana coast

ExxonMobil Guyana said it made a discovery at the Bluefin well in the Stabroek Block offshore Guyana, its first...

Guyana delivered 800 million boe in 2023 compared to 3.4 billion last year

Twenty-twenty two was hailed as the most successful year for exploration in Guyana's history, marked by a total of...