The excitement surrounding Guyana’s 2022 auction has caught up to investment firm Westmount Energy Limited and all eyes are on South America’s rising oil star.
“...the launch of the 2022 Guyana Licensing Round, under less benign fiscal terms, may bring...
Without a doubt, the world needs to lower carbon emissions to prepare for a cleaner, greener future. But asking the global oil industry to essentially stop pumping will set economies back by years.
Chairman and Chief Executive Officer (CEO) of...
ExxonMobil’s fourth floating production, storage and offloading (FPSO) vessel - ONE GUYANA - has entered drydock at the Keppel Shipyard in Singapore, SBM Offshore announced on March 24.
“This marks a key milestone in the project, this phase will include...
The MADAM KALINA and A’RINRA are the newest editions to Edison Chouest Offshore’s (G-Boat) local fleet. Now, the company has a total of 22 vessels operating in Guyana’s offshore Stabroek Block.
The total Guyanese staff complement has ballooned to over...
For six consecutive years, Stabroek Block operator ExxonMobil has been supporting the Caribbean Premier League (CPL) - the biggest party in sport - which has seen Guyana raking in big bucks just last year alone.
Exxon was also the exclusive...
The Environmental Assessment Board (EAB) arm of Guyana’s Environmental Protection Agency (EPA) held a hearing on March 22 on appeals filed to challenge the Agency’s decision to not require a separate Environmental Impact Assessment (EIA) for a proposed 300...
Halliburton will be using its DecisionSpace® 365 Well Construction applications powered by iEnergy® Hybrid Cloud to plan, design, and construct safe, cost effective, and productive wells for Hess Corporation - the 30% stakeholder in Guyana’s prolific Stabroek Block.
Halliburton said...
The Stabroek Block’s Liza projects continue to demonstrate consistently high oil production levels. In February, the daily production rate jumped 5% to 390,000 barrels per day (b/d) from 372,000 b/d in January.
The February production rate represents the highest of...
Bayphase recently assisted the Guyana government with the review of ExxonMobil’s proposed amendments to its Liza development to accommodate the Gas-to-Energy project.
The UK-based firm said on its website that its work concerned the preparation of two reports summarising its...
Venezuela’s PDVSA is making headlines again. And not in a positive way.
Just when Venezuela’s oil industry appeared to be on the rebound, PDVSA has been hit with a major corruption scandal investigation, one that has seen its Energy Minister...
