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CGX Energy’s discovery at the Kawa-1 well has ignited hopes of success in the Wei-1 well. CGX and its partner on the Corentyne Block, Frontera, said the detailed seismic and lithological analysis captured from the Kawa-1 find thus far hiked...

Following a state visit of the President of Brazil, Jair Bolsonaro to Guyana to meet with President Dr. Mohamed Irfaan Ali last Friday, the two agreed to explore the merits of a road corridor linking Boa Vista, the capital...

With a mid-2022 deadline eyed for the finalisation of the merger between Noble Corporation and Maersk Drilling, Noble may soon sell five of its rigs for the deal to go through. Providing an update on the merger, Maersk and Noble...

Aiming to be a major transport hub in the Latin America and Caribbean (LAC) region, Guyana has entered into an Air Services Agreement with the world’s largest oil producer, the Kingdom of Saudi Arabia. Guyana’s Minister of Public Works, Bishop Juan...

Following their receipt of integrated results for the Kawa-1 well, Canadian joint venture partners, CGX Energy Inc. and Frontera Energy Corporation announced on Monday that the “finder well” successfully unlocked light oil and gas condensate at the Corentyne Block. Gabriel...

Guyana has made its mark in the global oil and gas industry with an estimated proven recoverable resource of nearly 11 billion oil-equivalent barrels in the ExxonMobil-operated Stabroek Block. “That figure accounts for more than 10% of all the conventional...

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL) has assured authorities in Guyana that its proposed development at Uaru will abide by the strictest international standards and best practices for gas flaring and produced water. Application process for Exxon’s...

The Petroleum Production Licence (PPL) for the US$10B Yellowtail Project stipulates that ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL), must provide the government with a list of potential opportunities for local and overseas training or secondee positions within its...

Norwegian state-owned multinational energy company, Equinor, announced on Friday that it is extending its contracts with Baker Hughes, Halliburton, and Schlumberger for integrated drilling and well services on Equinor-operated fields on the Norwegian continental shelf (NCS). These companies, trusted oilfield...

SBM Offshore’s Environmental, Social, and Governance (ESG) approach to its activities continue to guide the company’s operations in Guyana as it remains resolute in the pursuit of sustainable development.  The company is leading a series of initiatives geared towards...