Exploration

Exploration

Rowan Jack up rig arrives for Repsol drill campaign at Kanuku Block

OilNOW -
The Rowan/Valaris EXL II jack up rig has arrived in Guyana’s waters in preparation for drilling in the offshore Kanuku Block for Repsol, following its drilling campaigns in Trinidad over the past few years for petroleum giant BP. Services company...
Exploration

SBM close to deal with Chinese yard for FPSO hull

OilNOW -
Dutch floater specialist SBM Offshore could be close to an agreement with Chinese yard China Merchant Heavy Industry (CMHI) for construction of another new hull for a floating production, storage and offloading vessel (FPSO) under its Fast4Ward® design, according...
Exploration

Guyana among countries set to transform Latin America into oil production powerhouse

OilNOW -
Mexico and Venezuela have long been key oil producers of Latin America but with political uncertainty and market volatility mounting, a new generation of oil producing countries are set to transform the region. This includes the tiny country of...
Exploration

CGX hires PGS for Corentyne survey, defers rig contract

OilNOW -
Canadian oil and gas company CGX Energy has hired PGS to conduct a 3D seismic survey over its Corentyne Block offshore Guyana. CGX has also deferred all operational obligations under its drilling rig contract for the Ralph Coffman jack-up...
Exploration

Costa Rica could take 2nd referendum in country’s history to pursue oil production

OilNOW -
Costa Ricans could get the chance to vote on the future of their country’s oil and gas exploration policy after a court on September 20 authorized pro-exploration activists to gather signatures for what would be only the second referendum...
Exploration

Guyana offshore gets busy with new discoveries and more wells planned

OilNOW -
US oil major ExxonMobil is targeting two new wells on its Stabroek Block following the company’s 14th discovery announced last week at Tripletail. Tullow Oil, which announced the Jethro-Lobe discovery on the Orinduik block in August quickly followed it...
Exploration

Joe discovery proves shallow low-cost plays exist in Guyana

OilNOW -
The discovery of 52 feet (16 meters) of continuous high quality oil-bearing thick sandstone at the Joe-1 exploration well offshore Guyana is being viewed as a significant development by the explorers on the block, particularly since it opens a...
Exploration

Exxon strikes oil at Tripletail offshore Guyana

OilNOW -
ExxonMobil said on Monday it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent...
Exploration

Guyana embarking on countrywide ‘Needs Assessment Survey’ to build oil & gas capacity

OilNOW -
Guyana's Department of Public Service is preparing to embark on a countrywide needs assessment survey, with special focus on the country's emerging oil and gas sector. Minister with responsibility for the South American nation's Public Service, Tabitha Sarabo-Halley, says this...
Exploration

India looking to pursue O&G agreement with Guyana

OilNOW -
With commercial oil and gas exploration commencing in the first quarter of 2020 in Guyana, India has interest in entering into a commercial agreement with the South American country. This is according to the newly accredited Indian High Commissioner to...
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Hull for Guyana’s Jaguar FPSO arrives at Singapore yard

SBM Offshore said the multi-purpose floater (MPF) 5 has arrived at the Seatrium yard in Singapore. The hull is...

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