ExxonMobil Guyana is looking to put all systems in place to ensure optimal performance for its fifth development.
Ahead of environmental authorisation from authorities, the oil giant is taking steps to ensure that issues with flaring do not occur there.
Exxon’s...
Guyana's Ministry of Natural Resources has hired a group of firms, for a four-month period, to audit the costs of the Exxon-led Stabroek Block consortium for the period 2018-2020.
A local consortium was hired, consisting of Ramdihal and Haynes Chartered...
By Arthur Deakin – OilNOW
The government of Guyana, which is sitting on 11 billion barrels of oil equivalent, will have a much-anticipated bid round for its remaining untendered oil blocks in the third quarter of 2022. The government is...
Repsol, operator of the Kanuku Block offshore Guyana, is preparing to undertake drilling operations at the Beebei-1 prospect. OilNOW understands the well will be spudded around May 25.
Repsol has a 37.5 stake in the Kanuku Block. The other partners...
ExxonMobil Guyana’s in-country projects manager, Anthony Jackson, said the company is committed to supporting studies on the environmental impacts of its operations, so it can understand if they have any impact on Guyana’s fish stock.
He made this comment during...
New to the global oil-producing scene, Guyana has received endless forewarnings about not falling into the trap of the dreaded ‘Resource Curse’ or ‘Dutch Disease’ – the cause of significant challenges for many oil-rich nations.
The government has said it...
Following years of work, the North Rupununi village of Yupukari and its residents now benefit from a land extension of 145 square miles – three times the original size of the village.
Minister of Amerindian Affairs Pauline Sukhai, along with...
Halliburton has teamed up with Norwegian oil company Aker BP to see the development and subsequent introduction of next-generation field development planning software – a new cloud application called Field Development Planning (FDP).
“We are excited to extend our close collaboration...
Following on the heels of an announcement that Caribbean Community (CARICOM) leaders are moving to have intra-regional trade barriers removed, Trinidad and Tobago Prime Minister Dr. Keith Rowley said his government has committed not to let artificial phytosanitary barriers...
ExxonMobil’s announcement of three new discoveries at the Stabroek Block offshore Guyana in April is driving a massive accumulation of hydrocarbon resources offshore the South American country.
Hess Corporation, a 30% stakeholder in the Stabroek Block, said this latest success...