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Thursday, January 21, 2021

Hammerhead is next stop for Stena Carron as oil search continues offshore Guyana

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OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

Fresh off of its eight oil discovery offshore Guyana, ExxonMobil is set to continue its exploration campaign at Hammerhead-1 in the 6.6 million acres Stabroek Block.

Senior Director, Public and Government Affairs, Kimberly Brasington, said the Stena Carron will soon move onto this new prospect when it concludes operations at Longtail-1 where the latest oil discovery was recently made.

The company has so far discovered in excess of 3.2 billion barrels of recoverable oil offshore the South American country. Oil production is set to get underway by March 2020 with the Liza Phase 1 Development project.

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