Featured

ExxonMobil contracts Noble Don Taylor for Guyana drill campaign

ExxonMobil has contracted the drillship Noble Don Taylor for operations offshore the South American country of Guyana. This is according to a fleet status report from Noble Corporation which was published on April 18, 2019. The Noble Don Taylor has...

Guyana oil bounty pushing demand for more drill capacity

On the heels of its record 13th discovery offshore Guyana, US oil major ExxonMobil is looking to ramp up its exploration and production activities in the South American country with the addition of yet another drillship to its fleet,...

Appraisal drilling underway at Hammerhead

Appraisal drilling is underway at the Hammerhead field in the Stabroek Block offshore Guyana as US oil major ExxonMobil continues to assess discoveries and expands its operations in the South American country. Guyana Maritime Administration Department said this week ExxonMobil...

Venezuela fails to provide reasons why it thinks ICJ cannot hear border case with Guyana

After asserting that the International Court of Justice (ICJ) has no jurisdiction to hear the case involving its claim over Guyana’s territory, Venezuela today failed to make a submission in support of its argument. The Guyana government said on Thursday...

ExxonMobil makes 13th discovery offshore Guyana

ExxonMobil said on Thursday it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of approximately 5.5 billion oil-equivalent...

Venezuela turmoil puts a pause on Dragon Gas deal with Trinidad and Tobago

Deteriorating conditions in Venezuela, home of the world’s largest oil reserves, is obstructing a deal with neighbouring Trinidad and Tobago to transport gas over a 17 km pipeline from the Dragon Gas Field to the Hibiscus platform, in the...

BHP makes hydrocarbon discovery offshore Trinidad

Australian company BHP announced that it has made commercial discovery of hydrocarbons offshore Trinidad and Tobago during the first quarter of 2019, on the heels of a gas discovery at the Bongos-2 well in the north last year. The find...

ExxonMobil plugs GYD$20M more into Guyana STEM programme

ExxonMobil Guyana committed GYD$20M on Tuesday to a programme focusing on Science, Technology, Engineering and Mathematics (STEM) as part of an ongoing partnership with the Volunteer Youth Corps (VYC) that has seen annual contributions from the company. VYC began its...

Boosting capacity crucial to Guyana’s management of oil & gas sector – World Bank

Recognising that Guyana’s institutional capacity to oversee and manage the Oil and Gas sector “is limited in the various relevant government ministries, commissions and other departments” the World Bank says enhancing this capability is crucial if the South American...

Right-wing party wins power in Canada’s oil region, attacks Trudeau on environment

(Reuters) - A right-of-center party swept to power in Canada’s main oil-producing province of Alberta on Tuesday and attacked Prime Minister Justin Trudeau’s efforts to fight climate change, raising tension just months ahead of a federal election. The United Conservative...

Latest News

TechnipFMC mobilizes first subsea 2.0® tree from Guyana for Uaru development

TechnipFMC marked a key milestone for its configure-to-order Subsea 2.0® platform, which has benefited from its global talent pool....