Monday, July 4, 2022

Exploration

Equinor to go after Namibia-like exploration success offshore Argentina

Equinor, the Norwegian state-owned multinational energy company, operates a Block offshore Argentina called CAN-100, which the country hopes later this year will yield a discovery as successful as Namibia’s. Rystad Energy's Senior Vice President and Head of Latin America, Schreiner...

Exxon is 5 for 5 offshore Guyana with success rate now exceeding 90%

ExxonMobil has entered the new year with huge success off the coast of Guyana, delivering five discoveries from five attempts at hitting commercial crude in the block that keeps on giving. The company also increased its recoverable resource estimate...

Exxon triple discoveries catapult Guyana resource base to almost 11 billion barrels

ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. The three discoveries are southeast of the Liza and Payara developments and bring to...

Exxon wrapping up 4D Seismic operations at Stabroek Block

ExxonMobil will soon conclude 4D seismic surveying operations at the 6.6 million acres Stabroek Block offshore Guyana. The seismic equipment recovery will incorporate the use of the MV Thor Alpha, MV Thor Freyja and SV Ramform Tethys.   The Maritime Administration...

Petrobras makes new oil find in Campos basin

Brazilian state-run oil company Petrobras recently announced the discovery of a new accumulation of oil in the pre-salt of the southern part of the Campos Basin in a pioneer well in the Alto de Cabo Frio Central block. The Well 1-BRSA-1383A-RJS (Alto de Cabo...

Guyana pointing explorers to available acreage ahead of landmark bid round

Guyana - the hottest new petroleum exploration destination on the planet - is currently inviting oil explorers to tap into unlicensed onshore and offshore acreages. As the country prepares to auction oil blocks later this year, the Guyana Office for...

Baker Hughes to boost well capabilities with acquisition of Norwegian firm

Baker Hughes said on Monday that it will be acquiring Altus Intervention, a Norwegian company with four decades of industry experience developing well-intervention solutions. With this acquisition, Baker Hughes will have the opportunity to further improve its life-of-well capabilities for...

Exxon resuming drill campaign at Barreleye-1

ExxonMobil is set to continue drilling activities at the Barreleye-1 prospect at the Stabroek Block offshore Guyana, following ongoing drilling activities at Kiru Kiru which commenced earlier in March. The drill campaign at Barreleye-1 had started in January but was not...

Exxon in search of more crude at Kiru Kiru as Stabroek Block campaign intensifies

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), is drilling yet another well, Kiru Kiru-1, at the Stabroek Block offshore Guyana. A notice from Guyana’s Maritime Administration Department (MARAD) stated March 14 as the start date for drilling activities,...

Repsol in search of critical services for new well at Kanuku Block

Spanish oil firm Repsol, operator of the Kanuku Block offshore Guyana, is in search of companies to provide information regarding well testing services. In Requests For Information (FRI) posted by its local affiliate Repsol Exploración Guyana on Friday, the company...

Latest News

Guyana seeking Gas-to-Energy project manager

Guyana’s Ministry of Natural Resources has issued a request for proposals (RFP) for consultancy services related to the historic...