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GIPEX has exceeded expectations – Exxon Country Manager

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ExxonMobil Guyana Country Manager, Rod Henson, believes that the Guyana International Petroleum Exhibition and Summit which opened on Wednesday has exceeded expectations by attracting a high degree of participation from major players in the industry in what is just...
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In midst of ‘deepwater apocalypse’ Exxon remained in Guyana – Kevin Ramnarine

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Former Minister of Energy and Energy Affairs in Trinidad and Tobago, Kevin Ramnarine, says even with the collapse in petroleum prices US oil major ExxonMobil stuck it through in Guyana, and as a result of multiple discoveries, the South...
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Mega petroleum summit opens today in Guyana

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All roads will lead to the Guyana Marriott Hotel today as the country gets ready to host the inaugural Guyana International Petroleum Exhibition and Summit – GIPEX 2018. With six significant discoveries made in the offshore Stabroek block in just...
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GIPEX registration approaching maximum capacity; organisers prepare for grand opening

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With just 24 hours remaining before the inaugural Guyana International Petroleum Exhibition and Summit (GIPEX) begins, organisers say registration is approaching maximum capacity, even as more persons look to sign on to participate in the signature event. “For the inaugural...
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All systems in place for GIPEX 2018

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Preparations were in high gear over the weekend at the Guyana Marriott Hotel for the staging of the South American country’s first official oil & gas summit and exhibition set to get underway on Wednesday. Workers were busy setting up...
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GIPEX Platinum sponsor ready to deliver on ‘every need of O&G sector’

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Guyana International Petroleum Exhibition and Summit (GIPEX) 2018 Platinum Sponsor GTT, a telecommunications service provider in Guyana, says it is ready to deliver on “the every need of the oil and gas sector” in the South American country and...
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China’s CNOOC plans to ramp up spending by at least 40 percent in 2018

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Chinese offshore oil and gas company CNOOC Ltd said on Thursday it planned to ramp up spending by at least 40 percent in 2018, as well as raise production, thanks to a more “suitable” oil price, Reuters reports. CNOOC Nexen...
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Exxon moving to develop Payara by 2023; Guyana oil production could hit 450,000 bpd

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Exxon Mobil Corporation could sanction its third development project offshore the South American country of Guyana as early as 2023. The company’s Vice President of Investor Relations and Secretary, Jeffrey Woodbury told participants during its fourth quarter earnings call...
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Ranger-1 gives ExxonMobil new insight into Stabroek Block potential

OilNOW -
ExxonMobil’s recent oil discovery at the Ranger-1 reservoir offshore Guyana is particularly significant because it demonstrates that potentially significant commercial quantities of crude is contained in a different type of play on the Stabroek Block. The estimated total 3.2 billion...
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Exxon announces US$19.7B earnings for 2017

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Exxon Mobil Corporation announced on Friday its estimated 2017 earnings of $19.7 billion, or $4.63 per share assuming dilution, compared with $7.8 billion in 2016. U.S. federal tax reform in the fourth quarter resulted in a non-cash earnings gain of $5.9 billion,...
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Jennifer Geerlings-Simons makes history as Suriname’s first female President amid offshore oil plans 

PARAMARIBO-SURINAME: Suriname’s National Assembly convened on Sunday to elect the country’s next president in an important parliamentary session. In...

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