Women entrepreneurs have been urged to educate themselves on the oil and gas sector so that they can be best prepared to tap into business opportunities that will emerge as Guyana becomes a major oil producer.
This call was issued...
Kosmos Energy Ltd. (NYSE: KOS) on Monday announced financial and operating results for the third quarter of 2018. For the third quarter of 2018, the Company generated a net loss of $126.1 million, or $0.31 per diluted share as compared to net loss of...
Despite recent disappointments from two exploration campaigns offshore Suriname, joint venture partners operating in the Dutch-speaking South American country are looking at “large prospects” in Block 42 which they intend to test in 2020.
Kosmos Energy is the exploration operator...
In September 2017, ExxonMobil had interest in just two offshore blocks in Brazil, totaling slightly more than 161,000 net acres.
Fast forward one year later: the company now has interest in 26 deepwater blocks across five basins, covering an area nearly...
(Reuters) - Iranians chanting “Death to America” rallied on Sunday to mark both the anniversary of the seizure of the U.S. Embassy during the 1979 Islamic Revolution and the imminent reimposition of U.S. sanctions on Iran’s key oil sector.
Thousands...
US oil major ExxonMobil is ramping up its search for more oil off the Guyana coast with the spudding of the Pluma prospect approximately 17 miles (27 kilometers) from Turbot in the South portion of the 6.6 million acres...
(Argus) Venezuelan state-owned PdV has nearly exhausted its motor fuel stocks, forcing up to 80pc of the country's more than 2,700 service stations nationwide to suspend sales until further notice, according to four senior officials with the federation of...
(Oxford Business Group) Presented on October 1 by Colm Imbert, Trinidad and Tobago’s Minister of Finance, the 2019 budget forecasts GDP to increase by 1.9 percent this year before rising to 2.1 percent by 2021, reversing a trend that...
US marine transportation service provider Edison Chouest Offshore launched its G-Boats (Guyana) Inc. office in the South American country of Guyana on Friday.
Edison Chouest entered Guyana in January 2016 with three vessels and has now increased its fleet to...
Exxon Mobil Corporation on Friday announced estimated third quarter 2018 earnings of $6.2 billion, or $1.46 per share assuming dilution, compared with $4 billion a year earlier. Cash flow from operations and asset sales was $12.6 billion, including proceeds associated with...
