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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...
BP, partners sanction $6 billion Azeri project
BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex...
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...
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...
Venezuela fails to provide reasons why it thinks ICJ cannot hear border case with...
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...
DISCOVERIES
Additional oil discoveries have improved Guyana’s outlook – IMF
The International Monetary Fund (IMF) said on Friday that additional oil discoveries made by US oil major ExxonMobil off the Guyana coast have served...
EXPLORATION
Offshore drilling making comeback with low-cost targets like Stabroek
Producing 120,000 barrels of oil per day from the Permian basin would require a $12.8 billion investment while hitting the same volume from Guyana’s...
CGX to begin hazard assessment at Utakwaaka-1
CGX Energy Inc. is set to begin a shallow hazard survey at its Utakwaaka-1 well site offshore Guyana ahead of a drill campaign scheduled...