Encouraged by positive results from several drill campaigns offshore Guyana which saw the largest discovery being made for 2015, ExxonMobil has vowed to continue its search for more oil in the South American country.
The Liza 1 discovery, estimated to...
ExxonMobil Guyana has confirmed that Noble Corporation has been contracted by the US super-major for an offshore campaign in the Stabroek Block, located 120 miles offshore the South American country.
The 2013-built Noble Bob Douglas drillship will commence operations at...
The ExxonMobil team in Guyana is said to be in high spirits as a new oil exploration campaign is set to begin at the Turbot-1 well located 107 nautical miles offshore the South American country. The US super-major has...
The impact of the extended oil price downturn will likely have long-term effects on the industry in a number of areas including capital allocation and people, according to multinational professional services firm, Deloitte Touche Tohmatsu Limited.
In describing 2017 as...
Greece has approved an application by a consortium of ExxonMobil, France’s Total SA, and domestic oil refiner Hellenic Petroleum, to drill for oil and gas off the island of Crete, Reuters reported on Friday.
Greece has also approved another application,...
Eco (Atlantic) Oil & Gas announced Thursday, along with its Operating Partner, Tullow Oil, it has approved a circa 2,550 km2 seismic survey on the Company’s Orinduik Block offshore the Co-operative Republic of Guyana. The survey is anticipated to...
Guyana’s Minister of Natural Resources Raphael Trotman said today that government is in the process of finalising ExxonMobil’s production license and will be “making some pronouncements in the next few weeks.”
Mr. Trotman made the announcement to stakeholders at...
Tullow Oil is stepping up exploration of frontier basins offshore South America and West Africa.
The company’s New Ventures team has completed a 2D seismic survey off Jamaica and a 3D survey offshore Uruguay, Offshore reports.
Tullow will use the Uruguay...
Israeli-based Ratio Guyana Limited will soon announce commencement of 3D seismic work with its joint venture partner Esso Exploration and Production Guyana Limited (EEPGL), a subsidiary of US oil exploration giant ExxonMobil, in the Kaieteur Block, offshore Guyana.
OilNOW understands...
CGX Energy Inc. has provided details on the financial state of the company and its plans to restart oil exploration offshore Guyana. The Canadian-based oil junior released its audited consolidated financial results for 2016 along with an update on...