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Eco Atlantic, partners to drill Jethro-Lobe well offshore Guyana in May

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Eco (Atlantic) Oil & Gas Ltd. on Wednesday December 5, 2018 announced details of its 2019 drilling programme for Guyana’s offshore Orinduik Block, with the first well – the Jethro-Lobe prospect - being planned for drilling in May 2019. The...
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CGX Energy, Frontera in joint venture to explore ‘most exciting offshore basin in the world’

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CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC) announced Tuesday that they have entered into a letter agreement to enable CGX to finance the drilling costs related to two shallow water offshore blocks in Guyana, currently 100% owned...
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Guyanese businesses link up with Liza Phase 1 Prime Contractors at supplier forum

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ExxonMobil Guyana and the Centre for Local Business Development opened its Liza Phase One Supplier Development Forum on Monday at the Guyana Marriott Hotel in the country’s capital, Georgetown. Country Manager of ExxonMobil Guyana, Rod Henson, explained that, “We host...
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ExxonMobil’s 10th discovery should not be seen as “just another announcement” – Dr. Bynoe

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ExxonMobil’s 10th offshore discovery should not be seen as “just another announcement,” according to Director of the Government’s Energy Department in Guyana, Dr. Mark Bynoe. The US oil giant on Monday announced its latest discovery at the Pluma-1 well –bringing...
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ExxonMobil makes 10th discovery offshore Guyana

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US oil major ExxonMobil has made yet another discovery off the Guyana coast at the Pluma well making it a record 10 finds so far since the world class Liza discovery announced in May 2015. Director of Guyana’s Department of...
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‘The rush to Guyana will be unprecedented’ – Hughes tells TOTALTEC graduates

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Partner in Guyanese law firm Hughes, Fields and Stoby, Nigel Hughes on Thursday called the third batch of TOTALTEC oilfield operator graduates “pioneers” of Guyana’s nascent oil and gas industry and said that they will be a part of...
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Telecoms must meet needs of expanding O&G industry – Cathy Hughes

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Guyana’s Minister of Public Telecommunications, Cathy Hughes, says her ministry is putting much thought into the role it must play in the emerging oil and gas sector. Speaking on the “Budget in Focus” programme on the South American country’s National...
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Canada joins oil cut drive as Alberta seeks to ease glut crisis

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(Bloomberg) Canada’s largest oil producing province ordered an unprecedented output cut, an effort to ease a crisis in the nation’s energy industry and adding to global actions to combat a recent price crash. The plan announced Sunday will reduce production of raw...
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Scotiabank Exit: with coming oil bonanza ‘no reasonable int’l business would want to stay out’ – Jordan

OilNOW -
Guyana's Finance Minister, Winston Jordan says at a time when the South American country is set to benefit immensely from oil production revenue and the associated business opportunities the industry brings, 'no reasonable int'l business would want to stay...
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Eco Atlantic ‘fully funded to drill’ with completion of Total farm-out in Guyana

OilNOW -
Eco (Atlantic) Oil & Gas Ltd which has licenses in highly prospective regions offshore Guyana and Namibia, announced on Thursday the completion of its Farm-Out Agreement with Total Petroleum's subsidiary Total E&P Activités Pétrolières on Eco's Orinduik block, offshore...
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ExxonMobil sees 60% year-on-year production boost in Guyana

ExxonMobil’s Chief Financial Officer, Kathy Mikells reported a 60% year-on-year increase in crude oil production offshore Guyana, during the...

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