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Canadian oil and gas company CGX Energy has hired PGS to conduct a 3D seismic survey over its Corentyne Block offshore Guyana. CGX has also deferred all operational obligations under its drilling rig contract for the Ralph Coffman jack-up...

The emerging oil and gas sector in Guyana is giving rise to numerous opportunities for business ventures ranging from small to large-scale enterprises. Many of the growing opportunities are also outside of mainstream oil and gas activities and this...

Costa Ricans could get the chance to vote on the future of their country’s oil and gas exploration policy after a court on September 20 authorized pro-exploration activists to gather signatures for what would be only the second referendum...

Chief Executive Officer of Eco Atlantic Oil & Gas, Gil Holzman says he is not sure the market fully understands the significance of the company’s second oil discovery at the Joe-1 well offshore Guyana. Speaking on a recent podcast, Proactive...

ExxonMobil has submitted its Field Development Plan and Environmental Impact Assessment Report to the Environmental Protection Agency (EPA) in Guyana for its third potential development project offshore the South American country. The 220,000 barrels per day Payara Development Project is...

US oil major ExxonMobil is targeting two new wells on its Stabroek Block following the company’s 14th discovery announced last week at Tripletail. Tullow Oil, which announced the Jethro-Lobe discovery on the Orinduik block in August quickly followed it...

Former Minister of Energy in Trinidad and Tobago Kevin Ramnarine has said that the “country is truly in a state of shock” following the announcement on Friday of the government’s decision to accept the offer of the (Oil Workers...

(Rigzone) The risk of further high-impact attacks against Saudi energy infrastructure is high. That’s according to Torbjorn Soltvedt, principal MENA analyst at Verisk Maplecroft, who made the statement in an analysis piece sent to Rigzone on Thursday. “For Saudi Arabia,...

Successive Guyanese governments will have to consider the concept of a separate oil fund. A separate fund could entail providing for a fixed sum to be spent in areas additional to the government’s main spending programmes. However, it may...

Cargo Consolidators Agency (CCA), a Trinidad-based company with over 40 years of experience in international freight, launched its Guyana subsidiary at the Marriott Hotel, Georgetown on Friday evening. The company has been involved in the international movement of oil &...