Exploration

ExxonMobil’s discoveries at the Yellowtail and Tilapia wells in the Stabroek Block offshore Guyana were the largest made in the first half 2019. Westwood Global Energy Group, in a report published on August 12, said high-impact exploration drilling activity increased substantially...

Oil has been discovered outside the prolific Stabroek Block offshore the South American country of Guyana. Tullow Oil announced on Monday that Evaluation of logging data confirms that Jethro-1 is the first discovery on the Orinduik licence and comprises...

Increased recovery projects in Norway will unlock substantial oil resources, driven predominantly by the majority state-owned Equinor, says GlobalData, a leading data and analytics company. Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData, comments: “Field expansion projects in Norway...

Drilling of the development wells for the Liza Phase 1 project and installation of subsea equipment are 70 percent complete as the South American country of Guyana forges ahead to first oil now just months away. “Drilling of the Phase...

Gross resources at Guyana’s Stabroek Block now exceed 6 billion barrels of oil equivalent and potential for future multi-billion-barrel discoveries remain high. Speaking on its Q2 2019 earnings call on Wednesday, CEO of Hess corporation, John Hess, said the estimated...

Eco (Atlantic) Oil & Gas Ltd (AIM: ECO, TSX-V: EOG) announced Tuesday that it has ended the financial year with cash and cash equivalents of CAD 25.0 million. As of 31 March 2019, Eco had total assets of CAD...

Hours after Qatar Petroleum announced that it had entered into an agreement with Total for a share of exploration and production rights in two blocks offshore Guyana, the country’s energy director told reporters the deal remains ‘substantially unclear’ and...

Qatar Petroleum has entered into an agreement with Total for a share of exploration and production rights in two blocks offshore the South American country of Guyana. Under the agreement, which is subject to customary regulatory approvals by the government...

BP Trinidad and Tobago’s (BPTT) Cassia Compression project is on track with first gas expected in 3Q 2021. The Cassia Compression project will enable BPTT to access and produce low pressure gas reserves from currently producing fields in the...

Junior partner in the Canje block offshore Guyana, Mid-Atlantic Oil & Gas, is one of several companies supporting the Queen’s College of Guyana Alumni Association (NY), Inc. (QCAANY) 2019 Math Institute Summer Camp. For the fourth consecutive year, QCAANY will...