Twelve discoveries and more than 5 billion barrels of oil later, US oil major ExxonMobil’s story in Guyana is still being written and analysts believe that more oil lay in the chapters ahead.
Fresh off of its 11th and 12th...
Just a few days before US oil major ExxonMobil announced its 11th and 12th discoveries offshore Guyana, Chairman and CEO Darren Woods made an appearance on a quarterly earnings call where he expressed full confidence in the advancement of the...
US oil major ExxonMobil has once again struck oil offshore the South American country of Guyana, this time at the Tilapia-1 and Haimara-1 wells, making it the company’s 11th and 12th  discoveries in the Stabroek Block.
Director of the Department...
TechnipFMC (NYSE: FTI) (PARIS: FTI) said on Wednesday it has been awarded a large engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field, located in the Santos Basin, at 2,100 meters of water depth offshore...
A coalition group of Latin American countries and Canada has urged the Venezuelan military to sever ties with President Nicolas Maduro, CNBC said in a report on Tuesday.
It comes at a time when political tensions in Venezuela are reaching boiling point, with the oil-rich,...
Former Prime Minister of Trinidad and Tobago and current Opposition Leader Kamla Persad-Bissessar says that government’s support for embattled leader of Venezuela Nicolas Maduro could jeopardise the recently signed Dragon Gas deal.
Through this arrangement, it was envisaged that natural...
Guyana, a country that currently produces no crude, could pump more than OPEC member Venezuela in five years, Bloomberg said in report on Monday.
While U.S. sanctions on Venezuela threaten to accelerate an already steep slide in production, neighboring Guyana’s...
After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this...
Spanish oil company Repsol will begin undertaking a geotechnical survey in the Kanuku Block offshore Guyana on Saturday. The survey activities are scheduled to continue until February 24.
The MV Regulus will conduct the operation some 66 nautical miles from...
Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia, believes that the staff at the agency must be exposed to advanced training in oil and gas as the South American country prepares for first oil within months.
Currently, training...